NOT LISTED FOR SALE

44 Rainbow Rd Chepachet, RI 02814

Estimated Value: $292,000 - $491,000

2 Beds
1 Bath
1,344 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $101,000 $75 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $2,276/month

338 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Fogarty Memorial School Rated A-
  • Walking Distance to Water
  • Public Transportation

About This Home

As of November 2017

AS IS HUD Home featuring, vinyl siding, large lot, two car garage, gazebo and patio. Tons of potential! Great location! Walk to fresh water and Spring Grove Beach and enjoy fishing at Spring Grove Pond. BLB Resources makes no warranty to the existence of mold in the property and is not liable for potential harmful effects. Eligible for FHA 203k. Seller will not provide a smoke certificate.

Last Agent to Sell the Property

Leann D'Ettore

Homistic Real Estate, Inc. License #REB.0018324 Listed on: 11/17/2016

Last Buyer's Agent

Cassandra Barone

Breaking Waves Realty License #REB.0017127

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Wooded Lot
  • Property is zoned 0080

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Water Heater

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 44RAINBOWRDGLOC

Community Details

Overview

  • Chepachet / Spring Valley Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: HMSC
  • Co List Office Phone: 401-432-7227
  • Subdivision Name: CHEPACHET / SPRING VALLEY
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Living Area: 1344.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.0
  • Parcel #: 44RAINBOWRDGLOC
  • Zoning: 0080
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3437.0
  • Tax Lot: 81
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Saunders Neil
Bought by
Barone Cassandra
Current Estimated Value
$376,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$114,593
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$262,367

Purchase Details

Closed on
Aug 16, 2019
Sold by
Glocester Town Of
Bought by
Rihmfc

Purchase Details

Listed on
Nov 17, 2016
Closed on
Nov 20, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Saunders Neil
Seller's Agent
Leann D'Ettore
Homistic Real Estate, Inc.
Buyer's Agent
Cassandra Barone
Breaking Waves Realty
List Price
$162,000
Sold Price
$101,000
Premium/Discount to List
-$61,000
-37.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Aug 11, 2016
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jan 28, 2016
Sold by
Gallagher Patti and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 5, 2003
Sold by
Brissette Marc
Bought by
Gallagher Patti

Purchase Details

Closed on
Dec 9, 2002
Sold by
Mtg Electronic Reg Sys and Greenpoint Mtg Funding
Bought by
Gallagher Patti

Purchase Details

Closed on
Oct 31, 1995
Sold by
Morgenstern Hildeg Est
Bought by
Brissette Marc D and Brissette Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Barone Cassandra $140,000 --
Rihmfc $5,919 --
Saunders Neil $101,000 --
Department Of Housing & Urban Dev -- --
Bank Of America Na $173,850 --
Gallagher Patti $230,000 --
Gallagher Patti $95,000 --
Brissette Marc D $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Cassandra $130,000
Previous Owner Brissette Marc D $254,781
Previous Owner Brissette Marc D $251,016
Previous Owner Brissette Marc D $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $101,000 -37.7% $75 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $162,000 -- $121 / Sq Ft
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
2025 $3,586 $251,500 $125,100 $126,400
2024 $3,486 $251,500 $125,100 $126,400
2023 $3,584 $251,500 $125,100 $126,400
2022 $3,131 $167,500 $77,800 $89,700
2021 $3,089 $167,500 $77,800 $89,700
2020 $3,052 $167,500 $77,800 $89,700
2018 $3,302 $165,100 $63,800 $101,300
2017 $3,257 $165,100 $63,800 $101,300
2016 $3,437 $153,100 $54,300 $98,800
2015 $3,387 $153,100 $54,300 $98,800
2014 $3,333 $153,100 $54,300 $98,800
2013 $3,439 $161,900 $64,000 $97,900
Source: Public Records

Agents Affiliated with this Home

  • Leann D'Ettore

    Seller's Agent in 2017

    Leann D'Ettore

    Homistic Real Estate, Inc.

    (888) 810-7355

    2 in this area

    111 Total Sales

    Leann D'Ettore
    Section Image

  • C

    Buyer's Agent in 2017

    Cassandra Barone

    Breaking Waves Realty

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1141624

State-Wide MLS

APN: GLOC-000000-000000-000000SG-000020

Rhode Island Providence County Chepachet 02814

44 Rainbow Rd, Chepachet, RI

Not Listed for Sale

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