$97,500
SOLD JUN 22, 2021

427 Log Rd Smithfield, RI 02917

2.25 Acres
$43,333 Price per Acre
98,010 Sq Ft Lot

Recently Sold

25% Below List Price

184 Days on Market

Highlights

  • 2.25 Acre Lot
  • Vincent J. Gallagher Middle School Rated A-
  • Wooded Lot

About This Lot

As of May 2022

Country living at its finest. This 2.25 acre buildable lot is seton a country road in desirable Smithfield. When your dream home isbuilt walk out your back door on a sunny Sunday morning and takehike on the Smithfield Land trust Latham Farm Reserve which abutsthe back of the property. Town water is available. Please do notwalk land without authorization.

Last Agent to Sell the Property

Paul Harrison

RE/MAX Properties License #RES.0042365 Listed on: 11/19/2020

RE/MAX Properties

Last Buyer's Agent

Paul Harrison

RE/MAX Properties License #RES.0042365 Listed on: 11/19/2020

RE/MAX Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,179

Lot Details

  • 2.25 Acre Lot
  • Wooded Lot
  • Property is zoned R-80

Listing and Financial Details

  • Tax Lot 047`
  • Assessor Parcel Number 427LOGRDSMTH

Property Details

Property Type

Land

Est. Annual Taxes

$2,179

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 2.25
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: Electricity Available, Municipal Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 98010.0
  • Wooded Area: 100.0
  • Parcel #: 427LOGRDSMTH
  • Zoning Description: Residential
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2179.0
  • Tax Lot: 047`
  • Tax Year: 2020

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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

  • P

    Seller's Agent in 2022

    Paul Harrison

    RE/MAX Properties

    (401) 473-7059

    9 in this area

    46 Total Sales

    Paul Harrison
    Section Image
  • Jessica Rebello

    Buyer's Agent in 2022

    Jessica Rebello

    HomeSmart Professionals

    (401) 327-2611

    1 in this area

    100 Total Sales

    Jessica Rebello
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1270388

State-Wide MLS

APN: SMIT-000050-000000-000047

Rhode Island Providence County Smithfield 02917

427 Log Rd, Smithfield, RI

This home is located at 427 Log Rd, Smithfield, RI 02917 and is currently priced at $97,500. 427 Log Rd is a home located in Providence County with nearby schools including Vincent J. Gallagher Middle School, Smithfield High School, and Bryant University.

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