NOT LISTED FOR SALE

5 Water Valley Rd Hope, RI 02831

Estimated Value: $877,800 - $1,150,000

4 Beds
5 Baths
3,641 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $675,000 $185 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,589/month

327 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Corner Lot
  • Spa
  • Marble Flooring
  • Thermal Windows

About This Home

As of June 2015

New price! Grand, original owner Colonial, in desirable Knight Farms. Impeccable home is surrounded with park-like grounds. Master on 1st level, radiant floors, wine cellar, generator, 3-car garage and much more! Perfect home for entertaining!

Last Agent to Sell the Property

John Chapski

Coldwell Banker Realty License #REB.0018078 Listed on: 06/16/2014

Coldwell Banker Realty

Last Buyer's Agent

John Chapski

Coldwell Banker Realty License #REB.0018078 Listed on: 06/16/2014

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,435

Year Built

  • Built in 1996

Lot Details

  • 1.43 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned RS120

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,641 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Skylights
  • Marble Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Spa
  • Patio
  • Outbuilding
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 5WATERVALLEYRDSCIT

Community Details

Overview

  • Knight Farms Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,435

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Subdivision Name: KNIGHT FARMS
  • Above Grade Finished Sq Ft: 3641.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Intercom
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Wet Bar, Cedar Closet(s), Skylights, Central Vacuum, Cable TV
  • Living Area: 3641.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Plaster, Brick
  • Exterior Features: Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 18.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62291.0
  • Parcel #: 5WATERVALLEYRDSCIT
  • Zoning: RS120
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6435.0
  • Tax Lot: 121
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Lermontov Alexander I and Lermontov Nina Z
Bought by
Alexander Lermontov Ret and Lermontov
Current Estimated Value
$1,023,600

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 10, 2015
Sold by
Disanto Salvatore C and Disanto Antonetta M
Bought by
Lermontov Alexander I and Lermontov Nina Z
Seller's Agent
John Chapski
Coldwell Banker Realty
Buyer's Agent
John Chapski
Coldwell Banker Realty
List Price
$899,000
Sold Price
$675,000
Premium/Discount to List
-$224,000
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$300,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Alexander Lermontov Ret -- --
Alexander Lermontov Ret -- --
Lermontov Alexander I $675,000 --
Lermontov Alexander I $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lermontov Alexander I $250,000
Previous Owner Disanto Salvatore C $277,000
Previous Owner Disanto Salvatore C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $675,000 -24.9% $185 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $899,000 -- $247 / 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 $12,140 $700,500 $144,200 $556,300
2023 $11,740 $700,500 $144,200 $556,300
2022 $11,474 $700,500 $144,200 $556,300
2021 $11,266 $602,800 $139,000 $463,800
2020 $11,013 $602,800 $139,000 $463,800
2019 $10,784 $602,800 $139,000 $463,800
2018 $10,829 $558,500 $144,300 $414,200
2017 $10,511 $558,500 $144,300 $414,200
2016 $10,075 $558,500 $144,300 $414,200
2015 $10,270 $536,000 $132,400 $403,600
2014 -- $536,000 $132,400 $403,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1070970

State-Wide MLS

APN: SCIT-000009-000121-000000