$475,000
SOLD MAY 27, 2022

427 Log Rd Smithfield, RI 02917

3 Beds
2.5 Baths
1,748 Sq Ft
2.42 Acres

Recently Sold

$272 Per Sq Ft

200 Days on Market

Highlights

  • Under Construction
  • 2.42 Acre Lot
  • Wood Flooring
  • Vincent J. Gallagher Middle School Rated A-
  • Raised Ranch Architecture
  • Attic

About This Home

As of May 2022

NEW CONSTRUCTION! 3 bed, 2 1/2 bath Raised Ranch in beautiful area of town! Offers hardwood floors, fireplaced living room, cathedrals, central air, master bed w/bath, granite counter in kitchen, tile baths, gas heat, finished lower level, wooded 2+ acre lot which abuts the Smithfield Land Trust protected land. 2 car garage. Utility room, efficient heating system, much more! Call today for plans and specifications! Home is located opposite pole 38. Taxes are estimated.

Last Agent to Sell the Property

Paul Harrison

RE/MAX Properties License #RES.0042365 Listed on: 10/09/2021

RE/MAX Properties

Last Buyer's Agent

Jessica Rebello

HomeSmart Professionals License #RES.0035399

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,135

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 2.42 Acre Lot
  • Property is zoned R 80

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number 427LOGRDSMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,135

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.4185
  • Above Grade Finished Sq Ft: 1248.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Tub Shower
  • Living Area: 1748.0
  • Dining Room Type: Bathroom, Laundry
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 105351.0
  • Parcel #: 427LOGRDSMTH
  • Zoning: R 80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8135.0
  • Tax Lot: 047
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
May 27, 2022
Sold by
Rcs Realty Inc
Bought by
Debobes Derek K
Seller's Agent
Paul Harrison
RE/MAX Properties
Buyer's Agent
Jessica Rebello
HomeSmart Professionals
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$603,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,132
Avg. Annual Appreciation
8.04%
Original Mortgage
$451,250
Outstanding Balance
$431,490
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,642
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $451,250 Purchase Money Mortgage
Previous Owner $325,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $7,000 No Value Available
Previous Owner $2,012 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $475,000 0.0% $272 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
10/09/2021 10/09/21 For Sale $474,900 +387.1% $272 / Sq Ft
06/22/2021 06/22/21 Sold $97,500 -24.9% --
05/23/2021 05/23/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $129,900 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,798 $470,800 $173,100 $297,700
2023 $6,459 $470,800 $173,100 $297,700
2022 $4,808 $359,900 $173,100 $186,800
2021 $2,220 $129,600 $129,600 $0
2020 $2,179 $129,600 $129,600 $0
2019 $2,179 $129,600 $129,600 $0
2018 $2,276 $129,600 $129,600 $0
2017 $2,149 $122,400 $122,400 $0
2016 $2,048 $122,400 $122,400 $0
2015 $2,045 $116,400 $116,400 $0
2012 $2,140 $133,600 $133,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1295853

State-Wide MLS

APN: SMIT-000050-000000-000047