5 Michael Mark Ln Cumberland, RI 02864
Arnold Mills NeighborhoodEstimated Value: $1,018,000 - $1,298,000
4
Beds
4
Baths
5,102
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Home Theater
- Above Ground Pool
- Colonial Architecture
- Community School Rated A
- 1.31 Acre Lot
- Deck
About This Home
As of December 2020Prepare to be amazed! Stunning 4 bed 4 bath home w/ bonus finished rooms on lower level! Completely custom builder's home with all kinds of amazing architectural features. Glass window cupola above the three car garage space. Hand picked gardens and plantings; Open foyer with neat picture framing rail for unique displaying of your most special photos or artwork; Formal living room or first floor office;formal dining rm w/massive windows, chair railings & raised panel trims; 9 ft ceilings; Completely open Eat-in kitchen area with oversized sliders out to a massive Trex deck. Feature glass door cabinetry, huge center island; impressive appliances and unique lighting fixtures.Open space from kitchen flows into the family room with it's stunning fireplace feature wall. Mudroom area,walk in pantry; first floor full bath; first flr guest room/bedroom or home office w/ a private slider & porch. MASSIVE main bedroom suite- double doors to a jacuzzi tub bathroom w/ new tiled shower stall (equipped w/rainforest heads, storage shelves and custom glass door) Walkin master closet room! Two additional LARGE kids bedrooms share an oversized guest bath. Full 2nd floor laundry room.Hallway is so expansive that it can fit a library area or another home office. Lower level is completely finished with gorgeous laminate floors,an addition guest room, full bath, secret storage room and sliders to a patio! Yard features a COVID friendly pool,a tree house, a zipline and over an acre of privacy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,788
Year Built
- Built in 2000
Lot Details
- 1.31 Acre Lot
- Cul-De-Sac
- Sprinkler System
- Wooded Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 3-Story Property
- Marble Fireplace
- Thermal Windows
- Mud Room
- Great Room
- Family Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Recreation Room
- Game Room
- Workshop
- Storage Room
- Laundry Room
- Utility Room
- Security System Owned
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Above Ground Pool
- Deck
- Patio
Utilities
- Central Air
- Heating System Uses Oil
- 200+ Amp Service
- Tankless Water Heater
- Oil Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Arnold Mills Subdivision
- Shops
Listing and Financial Details
- Tax Lot 160
- Assessor Parcel Number 5MICHAELMARKLANECUMB
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2020
Closed on
Dec 2, 2020
Sold by
Lippman Devan and Lippman Jennifer
Bought by
Jannetta Adam J and Jannetta Mary
Seller's Agent
Kathy Bain Farrell
RE/MAX Town & Country
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$789,900
Sold Price
$785,000
Premium/Discount to List
-$4,900
-0.62%
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
$380,652
Avg. Annual Appreciation
11.44%
Original Mortgage
$510,400
Outstanding Balance
$461,997
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$823,165
Purchase Details
Closed on
Jul 15, 2011
Sold by
Fandetti John A and Fandetti Anna J
Bought by
Lippman Devan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Jannetta Adam J | -- | None Available | |
| Lippman Devan | $590,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jannetta Adam J | $510,400 | |
| Previous Owner | Fandetti John A | $472,000 | |
| Previous Owner | Fandetti John A | $170,000 | |
| Previous Owner | Fandetti John A | $278,800 | |
| Previous Owner | Fandetti John A | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2020 12/02/20 | Sold | $785,000 | -0.6% | $154 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 09/15/2020 09/15/20 | For Sale | $789,900 | -- | $155 / 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 | $11,410 | $954,800 | $197,400 | $757,400 |
| 2023 | $11,095 | $954,800 | $197,400 | $757,400 |
| 2022 | $10,246 | $683,500 | $150,600 | $532,900 |
| 2021 | $10,075 | $683,500 | $150,600 | $532,900 |
| 2020 | $9,788 | $683,500 | $150,600 | $532,900 |
| 2019 | $10,050 | $632,900 | $146,900 | $486,000 |
| 2018 | $9,759 | $632,900 | $146,900 | $486,000 |
| 2017 | $9,626 | $632,900 | $146,900 | $486,000 |
| 2016 | $10,730 | $628,200 | $141,100 | $487,100 |
| 2015 | $10,730 | $628,200 | $141,100 | $487,100 |
| 2014 | $10,730 | $628,200 | $141,100 | $487,100 |
| 2013 | $9,892 | $626,900 | $146,200 | $480,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Bain Farrell
Seller's Agent in 2020
Kathy Bain Farrell
RE/MAX Town & Country
(401) 374-1211
71 in this area
542 Total Sales
-
Karl Martone
Buyer's Agent in 2020
Karl Martone
RE/MAX Properties
(401) 232-3900
3 in this area
342 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1264681
APN: CUMB-000023-000160-000000
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