$428,000 - $507,000
RENTED MAR 21, 2025

5 Oil Mill Ln Chepachet, RI 02814

3 Beds
2 Baths
1,050 Sq Ft
$448 Price per Sq Ft

Last Sold March 06, 2024

Last sale price $399,900 $381 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,790/month

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub with Shower
  • Fogarty Memorial School Rated A-
  • Ductless Heating Or Cooling System
  • Zoned Heating

About This Home

As of March 2025

Welcome to historic downtown Chepachet, where this townhouse style unit in a historic 1700's home has recently been updated. New cabinets, new appliances, fresh paint, all while keeping the character of an older home. Bathrooms have brand new tile and finishes. 2 off street parking spaces, fenced back yard. New mini-splits for heating in the winter and AC in the summer. Seconds from charming main street shops and restaurants, easy highway access. Modern meets historic in this gem, call to see today!

Last Agent to Rent the Property

Sarah Rivera

eXp Realty License #RES.0048896 Listed on: 03/13/2025

eXp Realty

Last Renter's Agent

Sarah Rivera

eXp Realty License #RES.0048896 Listed on: 03/13/2025

eXp Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1790

Lot Details

  • 6,186

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Heat Pump System

Listing and Financial Details

  • Property Available on 3/13/25
  • 12 Month Lease Term
  • Assessor Parcel Number 5OILMILLLANEGLOC

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,525

Year Built

Built in 1790

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-03-13

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1050.0
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1790
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Stall Shower, Tub Shower
  • Living Area: 1050.0

Exterior Features

  • Construction Type: Drywall

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Zoned
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 5OILMILLLANEGLOC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 26, 2022
Sold by
Milewski Christopher A
Bought by
Kearns Jonathan J
Seller's Agent
Chris Whitten
Premeer Real Estate
Buyer's Agent
Michael Saccoccio
List Price
$340,000
Sold Price
$350,000
Premium/Discount to List
$10,000
2.94%
Views
37
Current Estimated Value
$440,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,776
Avg. Annual Appreciation
11.23%
Original Mortgage
$332,500
Outstanding Balance
$320,698
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,812

Purchase Details

Listed on
Oct 9, 2016
Closed on
Jan 13, 2017
Sold by
Jalette Paul R and Jalette Joann P
Bought by
Mielewski Christopher A
Seller's Agent
Tim Stebenne
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Chris Whitten
Premeer Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$220,924
Interest Rate
4.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Kearns Jonathan J $350,000 None Available
Mielewski Christopher A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearns Jonathan J $332,500
Previous Owner Mielewski Christopher A $214,870
Previous Owner Mielewski Christopher A $220,924
Previous Owner Tannuzzi Christine N $130,000
Previous Owner Tannuzzi Christine N $172,000
Previous Owner Tannuzzi Christine N $163,706
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Rented $2,700 0.0% --
03/13/2025 03/13/25 For Rent $2,700 0.0% --
03/06/2024 03/06/24 Sold $399,900 0.0% $191 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $399,900 +14.3% $191 / Sq Ft
10/26/2022 10/26/22 Sold $350,000 +2.9% $167 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $340,000 +51.1% $163 / Sq Ft
01/13/2017 01/13/17 Sold $225,000 0.0% $108 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
10/09/2016 10/09/16 For Sale $225,000 0.0% $108 / Sq Ft
05/01/2014 05/01/14 Rented $1,250 0.0% --
04/01/2014 04/01/14 Under Contract -- -- --
02/25/2014 02/25/14 For Rent $1,250 -- --
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 $4,525 $326,500 $89,600 $236,900
2023 $4,653 $326,500 $89,600 $236,900
2022 $4,732 $253,200 $58,200 $195,000
2021 $4,669 $253,200 $58,200 $195,000
2020 $4,613 $253,200 $58,200 $195,000
2018 $4,270 $213,500 $43,000 $170,500
2017 $4,212 $213,500 $43,000 $170,500
2016 $3,715 $165,500 $35,900 $129,600
2015 $3,661 $165,500 $35,900 $129,600
2014 $3,603 $165,500 $35,900 $129,600
2013 $3,781 $178,000 $50,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Sarah Rivera

    eXp Realty

    Section Image
  • Michael Saccoccio

    Seller's Agent in 2024

    Michael Saccoccio

    Coldwell Banker Realty

    (401) 465-2661

    3 in this area

    131 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Michael Koster

    Cameron Prestige, LLC

    (401) 207-7288

    1 in this area

    7 Total Sales

    Section Image
  • Chris Whitten

    Seller's Agent in 2022

    Chris Whitten

    Premeer Real Estate

    (401) 527-1004

    1 in this area

    131 Total Sales

    Section Image
  • Tim Stebenne

    Seller's Agent in 2017

    Tim Stebenne

    RE/MAX FLAGSHIP, INC.

    (401) 413-8737

    21 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1380025

State-Wide MLS

APN: GLOC-000000-000000-000010A-000073

Rhode Island Providence County Chepachet 02814

5 Oil Mill Ln, Chepachet, RI

This home is located at 5 Oil Mill Ln, Chepachet, RI 02814 since 13 March 2025 and is currently priced at $470,510. This property was built in 1790. 5 Oil Mill Ln is a home located in Providence County with nearby schools including Fogarty Memorial School, Ponaganset Middle School, and Ponaganset High School.

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