NOT LISTED FOR SALE

5 Potter Ave Smithfield, RI 02917

Estimated Value: $386,000 - $468,000

3 Beds
1 Bath
2,184 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $408,100 $187 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,622/month

45 Days on Market

Highlights

  • Water Views
  • Deck
  • Game Room
  • Raymond Laperche School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of December 2024

This beautiful three-bed, one-bath ranch is move-in ready and just in time for the coming holidays. This solid, limited-maintenance ranch on a dead-end street bordering Georgiaville Pond may be a perfect fit for a young family or someone downsizing to single-level living. This home is priced to sell! Imagine hosting Thanksgiving and Christmas in your new home in family-friendly Smithfield, RI. This ranch features a brand-new roof, gutters, electrical service/panel, septic system, and a new 4-car asphalt driveway. The all-wood exterior has fresh paint with a large 14X20 deck for relaxing and cooking on the grill. The interior is clean with hardwood and luxury vinyl flooring. The large open but partially finished basement offers plenty of storage. It has a small office and suitable space for expansion, such as a lounge area, game room, or an additional bathroom. Georgiaville Pond offers an attractive and family-friendly spot for swimming, boating, and fishing. The town of Smithfield is highly sought after and is known for its great school system. Shopping and restaurants are nearby, with easy access to routes 295, 146, 116, and other major traffic arteries to Providence, Worcester, or Boston. This property is in good condition and is being sold AS-IS.

Last Agent to Sell the Property

Greg Smith

Boucher Real Estate License #RES.0042933 Listed on: 09/15/2024

Last Buyer's Agent

Monalisa Aguiar

Reliable Realty Group LLC License #REC.0016916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R20

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Family Room
  • Home Office
  • Game Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Community Details

  • Georgiaville Subdivision
  • Restaurant

Listing and Financial Details

  • Tax Lot 12A
  • Assessor Parcel Number 5POTTERAVSMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,291

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Georgiaville
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Accessibility Features: Other
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1092.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Other
  • Interior Amenities: Tub Shower
  • Living Area: 2184.0
  • Dining Room Type: Family Room, Game Room, Gym, Laundry, Office, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 5POTTERAVSMTH
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3291.0
  • Tax Block: 0000
  • Tax Lot: 12A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Nov 26, 2024
Sold by
Elgar Rocco and Elgar Karen
Bought by
Williams Robert D
Seller's Agent
Greg Smith
Boucher Real Estate
Buyer's Agent
Monalisa Aguiar
Reliable Realty Group LLC
List Price
$429,900
Sold Price
$408,100
Premium/Discount to List
-$21,800
-5.07%
Views
36
Current Estimated Value
$435,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,241
Avg. Annual Appreciation
5.83%
Original Mortgage
$373,621
Outstanding Balance
$369,760
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,581

Purchase Details

Closed on
Jun 4, 2024
Sold by
Mckay Shirley Est and Mckay
Bought by
Elgar Rocco and Elgar Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Robert D $408,100 None Available
Williams Robert D $408,100 None Available
Williams Robert D $408,100 None Available
Williams Robert D $408,100 None Available
Elgar Rocco $220,000 None Available
Elgar Rocco $220,000 None Available
Elgar Rocco $220,000 None Available
Elgar Rocco $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Robert D $373,621
Closed Williams Robert D $373,621
Previous Owner Elgar Rocco $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $408,100 -1.1% $187 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $412,500 -1.8% $189 / Sq Ft
10/08/2024 10/08/24 Price Changed $419,900 -2.3% $192 / Sq Ft
09/15/2024 09/15/24 For Sale $429,900 -- $197 / 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
2025 $4,418 $356,600 $148,300 $208,300
2024 $4,238 $293,500 $131,000 $162,500
2023 $4,027 $293,500 $131,000 $162,500
2022 $3,921 $293,500 $131,000 $162,500
2021 $3,668 $214,100 $97,900 $116,200
2020 $3,599 $214,100 $97,900 $116,200
2019 $3,599 $214,100 $97,900 $116,200
2018 $3,493 $198,900 $97,900 $101,000
2017 $3,493 $198,900 $97,900 $101,000
2016 $3,328 $198,900 $97,900 $101,000
2015 $3,286 $187,000 $91,300 $95,700
2012 $3,327 $207,700 $108,100 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1369233

State-Wide MLS

APN: SMIT-000022-000000-000012A