NOT LISTED FOR SALE

45 Steere Rd Chepachet, RI 02814

Estimated Value: $535,741 - $648,000

5 Beds
2.5 Baths
1,330 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $400,000 $301 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,798/month

Highlights

  • Golf Course Community
  • Waterfront
  • 1 Car Detached Garage
  • Fogarty Memorial School Rated A-
  • Wood Flooring
  • Shops

About This Home

As of September 2020

Dream location!!Looking for a project? 2 houses on 1 lot with 440 feet water frontage, 3 docks AND 1/2 acre yard for entertaining. Main house with hardwoods and original character. Smaller house has tenant in place .Property will need TLC/rehab, has a cesspool on main house and a shared well. For those reasons, cash sales with POF preferred. Excellent opportunity with many possibilities. Don't miss out on this one. SEE MLS# 1261289

Last Agent to Sell the Property

Karen Osman

Transitions Realty License #REB.0016722 Listed on: 08/10/2020

Last Buyer's Agent

Ed Duffy

Alltown Real Estate Group License #REB.0018303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1949

Lot Details

  • 0.57 Acre Lot
  • Waterfront

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Water Access
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Cesspool
  • Private Sewer

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 4547STEERERDGLOC

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Waterman Lake Subdivision

Recreation

  • Golf Course Community

Additional Features

  • Shops
  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,960

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Subdivision Name: Waterman Lake
  • Above Grade Finished Sq Ft: 1330.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1949
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Dock Access, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Gas, Oil, Wood
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Cesspool, Other, Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.0
  • Parcel #: 4547STEERERDGLOC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 6960.0
  • Tax Lot: 005
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 10, 2020
Sold by
Rowe William N and Rowe Cheryl A
Bought by
Manney Jonathan P and Manney Dawn M
Seller's Agent
Karen Osman
Transitions Realty
Buyer's Agent
Ed Duffy
Alltown Real Estate Group
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$591,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,002
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Rowe Francis W and Rowe William N
Bought by
Deserea-Rowe Rosanna

Purchase Details

Closed on
Sep 18, 2012
Sold by
Francis W Rowe Ret
Bought by
Rowe Francis W and Rowe Cheryl A
Source: Public Records

Range of Values:

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Average Value
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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
Manney Jonathan P $400,000 None Available
Deserea-Rowe Rosanna -- --
Rowe Francis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinto Carlos G $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $400,000 -2.4% $301 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $410,000 -- $308 / 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
2024 $6,938 $500,600 $278,400 $222,200
2023 $7,134 $500,600 $278,400 $222,200
2022 $7,046 $382,100 $198,800 $183,300
2021 $7,046 $382,100 $198,800 $183,300
2020 $6,962 $382,100 $198,800 $183,300
2018 $6,782 $339,100 $198,800 $140,300
2017 $6,769 $343,100 $198,800 $144,300
2016 $6,735 $300,000 $175,700 $124,300
2015 $6,636 $300,000 $175,700 $124,300
2014 $6,531 $300,000 $175,700 $124,300
2013 $6,822 $321,200 $202,100 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1261266

State-Wide MLS

APN: GLOC-000000-000000-000000LS-000005