NOT LISTED FOR SALE

50 Abbott Run Valley Rd Unit 1606 Cumberland, RI 02864

Arnold Mills Neighborhood

Estimated Value: $429,341 - $454,000

2 Beds
2.5 Baths
1,536 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $355,000 $231 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,951/month

13 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Tennis Courts
  • Cumberland High School Rated 9+
  • Wood Flooring
  • Skylights

About This Home

As of June 2022

Rare offering in Apple Ridge Estates! You won't want to miss this private end unit with a unique floor plan, located in a serene setting in desirable Arnold Mills. One of just 15 units in the complex, this condo features gas heat, central air, attached garage, one year old water heater, and gas fireplace. You'll find beautiful hardwoods in the kitchen and in the open living/dining room with a vaulted ceiling and slider leading to the exterior deck. The washer and dryer, conveniently located on second floor, remain. The Condo offers essentially two master suites, one on the first floor, and another on the 2nd floor, both with ample closets, plus an additional half bath on the main level. The expansive basement offers plenty of storage space and potential for finishing. Call now to view!

Last Agent to Sell the Property

Carole Del Bonis

Moran Real Estate Group, Inc. License #RES.0025697 Listed on: 04/20/2022

Last Buyer's Agent

Carole Del Bonis

Moran Real Estate Group, Inc. License #RES.0025697 Listed on: 04/20/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 1989

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 50ABBOTTRUNVALLEYRD1606CUMB

Community Details

Overview

  • Association fees include ground maintenance, snow removal
  • 15 Units
  • Arnold Mills Subdivision

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,633

Year Built

Built in 1989

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Arnold Mills
  • Above Grade Finished Sq Ft: 1536.0
  • Building Name: Apple Ridge Estates
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 1536.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal

Lot Info

  • Parcel #: 50ABBOTTRUNVALLEYRD1606CUMB
  • Zoning: Condo
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 15

Tax Info

  • Tax Annual Amount: 3633.0
  • Tax Lot: 129
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 8, 2022
Sold by
Motta Gerald A and Motta Toni A
Bought by
Matoian Mark L and Matoian Jayne D
Seller's Agent
Carole Del Bonis
Moran Real Estate Group, Inc.
Buyer's Agent
Carole Del Bonis
Moran Real Estate Group, Inc.
List Price
$329,900
Sold Price
$355,000
Premium/Discount to List
$25,100
7.61%
Current Estimated Value
$441,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,835
Avg. Annual Appreciation
6.55%
Original Mortgage
$266,250
Outstanding Balance
$252,217
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,618

Purchase Details

Closed on
Mar 19, 2012
Sold by
Motta Anthony J
Bought by
Motta Gerald A and Motta Toni A

Purchase Details

Closed on
Oct 2, 2000
Sold by
Farrell John F and Farrell Kathleen C
Bought by
Motta Anthony J and Motta Elise M

Purchase Details

Closed on
Jun 29, 2000
Sold by
Ocwen Fed Savings Bank
Bought by
Farrell John F and Farrell Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1990
Sold by
Rosewood Dev Corp
Bought by
Georgepoulos Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
10.14%
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
Matoian Mark L $355,000 None Available
Motta Gerald A -- --
Motta Gerald A -- --
Motta Anthony J $188,000 --
Farrell John F $133,500 --
Georgepoulos Peter C $132,000 --
Georgepoulos Peter C $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matoian Mark L $266,250
Previous Owner Georgepoulos Peter C $120,150
Previous Owner Georgepoulos Peter C $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $355,000 +7.6% $231 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $329,900 -- $215 / 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 $4,193 $341,700 $0 $341,700
2024 $4,083 $341,700 $0 $341,700
2023 $3,971 $341,700 $0 $341,700
2022 $3,695 $246,500 $0 $246,500
2021 $3,633 $246,500 $0 $246,500
2020 $3,530 $246,500 $0 $246,500
2019 $3,803 $239,500 $0 $239,500
2018 $3,693 $239,500 $0 $239,500
2017 $3,643 $239,500 $0 $239,500
2016 $3,481 $203,800 $0 $203,800
2015 $3,481 $203,800 $0 $203,800
2014 $3,481 $203,800 $0 $203,800
2013 $3,522 $223,200 $0 $223,200
Source: Public Records

Agents Affiliated with this Home

  • Carole Del Bonis

    Seller's Agent in 2022

    Carole Del Bonis

    Moran Real Estate Group, Inc.

    (401) 486-9435

    1 in this area

    40 Total Sales

    Carole Del Bonis
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Map

Source: State-Wide MLS

MLS Number: 1308122

State-Wide MLS

APN: CUMB-000023-000129-A061606

Rhode Island Providence County Cumberland 02864 Arnold Mills

50 Abbott Run Valley Rd Unit 1606, Cumberland, RI

Not Listed for Sale

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