NOT LISTED FOR SALE

5 Franklin St Cumberland, RI 02864

Berkeley Neighborhood

Estimated Value: $512,961 - $557,000

3 Beds
2 Baths
1,918 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $297,500 $155 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,289/month

102 Days on Market

Highlights

  • Golf Course Community
  • Raised Ranch Architecture
  • Wood Flooring
  • Under Construction
  • Cathedral Ceiling
  • Attic

About This Home

As of December 2018

Beautiful New Construction Just Completed! Now Just Looking for Love & Life to make this a home. 3 Bedrooms & 2 Full Baths. Wide Open Kitchen & Living room layout with Cathedral ceilings. 2 Levels of living space and over 1900 SF of living space. Displaying Granite countertops, Brand new Energy Star Appliances. Beautiful Hardwood floors and Tile throughout. Oversized One Car garage with plenty of leftover space for storage, lawnmowers, tools for all your needs. Central Air, Gas heat and Connected to town sewer and water. Nothing you need to do but bring your finishing details and move right in!

Last Agent to Sell the Property

trish marrapese

TMarra Realty LLC License #REB.0018733 Listed on: 08/16/2018

Last Buyer's Agent

Hannah Duhamel

Keller Williams Realty License #RES.0043235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 5,227

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,918 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Patio
  • 5,227 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 5FRANKLINSTCUMB

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,954

Year Built

Built in 2018 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 2018
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower
  • Living Area: 1918.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Plaster, Aluminum Siding, Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 5FRANKLINSTCUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3954.0
  • Tax Lot: 119
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 27, 2018
Sold by
Olivia Real Estate Dev
Bought by
Smreczak Dominik E and Smreczak Anna
Seller's Agent
trish marrapese
TMarra Realty LLC
Buyer's Agent
Hannah Duhamel
Keller Williams Realty
List Price
$329,900
Sold Price
$297,500
Premium/Discount to List
-$32,400
-9.82%
Current Estimated Value
$537,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,990
Avg. Annual Appreciation
8.77%
Original Mortgage
$237,500
Outstanding Balance
$212,836
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$308,774

Purchase Details

Closed on
Feb 7, 2018
Sold by
Costa Jose C
Bought by
Olivia Real Est Dev Ll

Purchase Details

Closed on
Jan 29, 2018
Sold by
Costa Jose C
Bought by
Costa Jose C

Purchase Details

Closed on
Aug 4, 2017
Sold by
Stepenski Marjorie
Bought by
Costa Jose C
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
Smreczak Dominik E $297,500 --
Olivia Real Est Dev Ll -- --
Costa Jose C -- --
Costa Jose C -- --
Costa Jose C -- --
Costa Jose C $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smreczak Dominik E $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $297,500 -9.8% $155 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $329,900 -- $172 / 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 $4,386 $367,000 $87,900 $279,100
2023 $4,265 $367,000 $87,900 $279,100
2022 $4,253 $283,700 $64,400 $219,300
2021 $4,182 $283,700 $64,400 $219,300
2020 $4,063 $283,700 $64,400 $219,300
2019 $846 $53,300 $53,300 $0
2018 $4,012 $260,200 $53,300 $206,900
Source: Public Records

Agents Affiliated with this Home

  • t

    Seller's Agent in 2018

    trish marrapese

    TMarra Realty LLC

    (401) 447-3148

    2 in this area

    22 Total Sales

    trish marrapese
    Section Image

  • H

    Buyer's Agent in 2018

    Hannah Duhamel

    Keller Williams Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1201426

State-Wide MLS

APN: 013/ 0119/ 000/ /

Rhode Island Providence County Cumberland 02864 Berkeley

5 Franklin St, Cumberland, RI

This home is located at 5 Franklin St, Cumberland, RI 02864 since 16 August 2018 and is currently estimated at $537,490, approximately $280 per square foot. This property was built in 2018. 5 Franklin St is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

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