488 Log Rd Smithfield, RI 02917
Estimated Value: $744,000 - $878,000
4
Beds
2.5
Baths
2,558
Sq Ft
$325/Sq Ft
Est. Value
Highlights
- Home Theater
- Spa
- Colonial Architecture
- Vincent J. Gallagher Middle School Rated A-
- 4.57 Acre Lot
- Wooded Lot
About This Home
As of February 2022WELCOME TO 488 LOG ROAD LOCATED IN A BEAUTIFUL SERINE AREA OF SMITHFIELD, 4.69 ACRES OF LAND AND BEAUTIFULY SECULDED, BEST DESCRIBES THIS ONE OWNER CUSTOM BUILT COLONIAL BUILT IN 2003.WITH ITS OWN PRIVATE DRIVEWAY HIDDEN FROM THE ROAD, YOU WILL FEEL TOTAL PRIVACY, YET ONLY MINTUES AWAY FROM SHOPPING AND ALL OF THE CONVENICES. ENJOY RELAXING DAYS & FALL EVENINGS SITTING ON YOUR FARMERS PORCH ENJOYING THE SOUND OF NATURE AROUND YOU. CUSTOM BUILT AND WONDERFUL CRAFTMANSHIP, THIS PROEPRTY OFFERS HARDWOOD FLOORS, BEAUTIFUL STONE FIREPLACE, GENEROUS SIZE BEDS, 2.5 BATHS, VERY LARGE MASTER SUITE WITH PRIVATE BATH AND WALK IN CLOSET. CENTRAL AIR, LARGE OPEN KITCHEN, STAINLESS STEEL APPLIANCES, STEP OUT TO THE PATIO, AND ENJOY THE JACUZZI , THAT SITS IN ITS OWN PRIVATE CONVERED GLASS ENCLOSURE. ABOVE GROUND POOL, 2 CAR GARAGE, NEED MORE LAND? CLEAR AWAY SOME OF THE ACREAGE, READY FOR AN OUT BUIDING, OR TO DIVIDE THE PARCEL, ITS THE BUYERS CHOICE ! FAR AWAY BUT CLOSE ENOUGH TO ALL SHOPPING, INTERSTATE ACCESS, 295 NORTH AND SOUTH . 45 MINTES TO BOSTON. MUST SEE TO APPRECIATE! SO MANY OPTIONS HERE! WONDERFUL TIME TO TAKE ADVANTAGE OF THE HISTORIC RATES. COME TAKE A LOOK!
Last Agent to Sell the Property
RE/MAX 1st Choice License #RES.0030352 Listed on: 09/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,744
Year Built
- Built in 2003
Lot Details
- 4.57 Acre Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,558 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Thermal Windows
- Mud Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Storage Room
- Laundry Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Security System Owned
- Storm Windows
- Storm Doors
Outdoor Features
- Spa
- Patio
- Outbuilding
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Baseboard Heating
- 220 Volts
- 200+ Amp Service
- Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Smithfield Subdivision
- Shops
Listing and Financial Details
- Tax Lot 27/C
- Assessor Parcel Number 488LOGRDSMTH
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2021
Closed on
Feb 4, 2022
Sold by
Wise Larry and Wise Kimberly
Bought by
Gelsomino Edward L and Gelsomino Kaitlin A
Seller's Agent
Diana Barone
RE/MAX 1st Choice
Buyer's Agent
Rossi, Lori
Coldwell Banker Realty
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,340
Avg. Annual Appreciation
6.78%
Original Mortgage
$675,000
Outstanding Balance
$634,416
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$207,070
Purchase Details
Closed on
Apr 18, 2003
Sold by
Cas Properties Inc
Bought by
Wise Larry and Wise Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
5.75%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gelsomino Edward L | $675,000 | None Available | |
| Wise Larry | $387,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gelsomino Edward L | $675,000 | |
| Previous Owner | Wise Larry | $309,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2022 02/09/22 | Sold | $675,000 | -10.0% | $264 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $750,000 | -- | $293 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,732 | $604,700 | $180,600 | $424,100 |
| 2023 | $8,296 | $604,700 | $180,600 | $424,100 |
| 2022 | $8,079 | $604,700 | $180,600 | $424,100 |
| 2021 | $7,892 | $460,700 | $135,900 | $324,800 |
| 2020 | $7,744 | $460,700 | $135,900 | $324,800 |
| 2019 | $7,744 | $460,700 | $135,900 | $324,800 |
| 2018 | $7,445 | $424,000 | $135,900 | $288,100 |
| 2017 | $7,445 | $424,000 | $135,900 | $288,100 |
| 2016 | $7,094 | $424,000 | $135,900 | $288,100 |
| 2015 | $7,002 | $398,500 | $119,300 | $279,200 |
| 2012 | -- | $437,700 | $137,300 | $300,400 |
Source: Public Records
Agents Affiliated with this Home
-
Diana Barone
Seller's Agent in 2022
Diana Barone
RE/MAX 1st Choice
(401) 226-3374
4 in this area
79 Total Sales
-
Rossi, Lori
Buyer's Agent in 2022
Rossi, Lori
Coldwell Banker Realty
(401) 480-1973
1 in this area
57 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1294395
APN: SMIT-000050-000000-000027C
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