NOT LISTED FOR SALE

Estimated Value: $2,602,000 - $3,625,000

5 Beds
4.5 Baths
5,768 Sq Ft
$553/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $2,950,000 $511 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,392/month

9 Days on Market

Highlights

  • Marina
  • Guest House
  • Horses Allowed On Property
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • In Ground Pool

About This Home

As of June 2023

Welcome to Cedar Hill Farm, a sought-after neighborhood as part of a private association which has 4.22 acres of its own space. The first level of this lovely home features a gorgeous kitchen with a double island perfect for entertaining with high-end appliances, eat in kitchen area and dining area. The cathedral ceilings designed with wood beams are a showstopper. Relax in the living room or the family room and enjoy the cozy double-sided stone gas fireplace. Office room, half bath and mud room also on the main floor. Step outside onto the large deck and beautiful bluestone patio that surrounds the 7-foot heated saltwater pool and hot tub. Upstairs features 4 bedrooms. Escape to your primary suite with a sitting area and a spa-like bathroom. 3 additional bedrooms share another full bath and laundry area. Central air, brand new generator, two wells and two septic systems on the property. The finished basement offers privacy for guests to lounge in a spacious living room with a gas fireplace and a kitchenette. A full bath that includes a washer and dryer, storage room/utility and an exercise room. Attached 3 car garage that includes a car lift to keep that collectable car safe. An approved accessory dwelling located just steps away from the main house provides additional living space. This is all set on an immaculately maintained property with a garden, private walking trails, stone walls and more.

Last Agent to Sell the Property

Linda Mello

Residential Properties Ltd. Brokerage Phone: 401-423-2200 License #RES.0043881 Listed on: 04/12/2023

Last Buyer's Agent

Lee Caouette

RI Real Estate Services License #RES.0034277

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,240

Year Built

  • Built in 1988

Lot Details

  • 4.22 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Wooded Lot
  • Property is zoned RR20

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Home Office
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Pool

  • In Ground Pool
  • Spa
  • Saltwater Pool

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 50CEDARHILLDRJAME

Community Details

Overview

  • Cedar Hill Farm Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,240

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Parking

5

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4.22
  • Subdivision Name: Cedar Hill Farm
  • Above Grade Finished Sq Ft: 4868.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-423-2200
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 900.0
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Vinyl
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 5768.0
  • Dining Room Type: Bathroom, Kitchen, Laundry, Office, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Cul-De-Sac, Wooded
  • Pool Features: In Ground, Salt Water
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Barbecue, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 5.0
  • Garage Spaces: 5.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 15.0

Utilities

  • Cooling: Wall Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Propane, Oil, Radiant, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 183823.0
  • Parcel #: 50CEDARHILLDRJAME
  • Zoning: RR20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11240.0
  • Tax Lot: 26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 26, 2023
Sold by
Pignolet David P and Pignolet Elizabeth A
Bought by
Frateschi Marc and Frateschi Jaime T
Seller's Agent
Linda Mello
Residential Properties Ltd.
Buyer's Agent
Lee Caouette
RI Real Estate Services
List Price
$2,950,000
Sold Price
$2,950,000
Views
6
Current Estimated Value
$3,128,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,718
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,475,000
Outstanding Balance
$1,438,611
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,752,581

Purchase Details

Closed on
Dec 23, 2020
Sold by
Pignolet David P and Bartosiewicz Elizabeth A
Bought by
Pignolet David P and Bartosiewicz Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jan 27, 2016
Sold by
Vivian J Palmieri T J and Vivian Murphy
Bought by
Pignolet David P and Bartosiewicz Elizabeth A
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
Bob Bailey
Lila Delman Compass
List Price
$1,245,000
Sold Price
$940,000
Premium/Discount to List
-$305,000
-24.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$94,000
Interest Rate
3.79%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Frateschi Marc $2,950,000 Commonwealth Land Title
Pignolet David P -- None Available
Pignolet David P $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frateschi Marc $165,000
Open Frateschi Marc $1,475,000
Previous Owner Pignolet David P $500,000
Previous Owner Pignolet David P $1,000,000
Previous Owner Palmieri Vivian $226,500
Previous Owner Pigaolet David P $94,000
Previous Owner Pignolet David P $752,000
Previous Owner Palmieri Vivian $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $2,950,000 0.0% $511 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $2,950,000 +213.8% $511 / Sq Ft
01/27/2016 01/27/16 Sold $940,000 -24.5% $293 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $1,245,000 -- $388 / 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 $14,240 $1,986,100 $374,500 $1,611,600
2023 $12,918 $1,850,700 $374,500 $1,476,200
2022 $9,801 $1,443,500 $374,500 $1,069,000
2021 $10,314 $1,245,600 $348,800 $896,800
2020 $9,221 $1,142,600 $348,800 $793,800
2019 $8,982 $1,115,800 $348,800 $767,000
2018 $8,317 $939,800 $320,500 $619,300
2017 $8,139 $939,800 $320,500 $619,300
2016 $8,009 $933,500 $320,500 $613,000
2015 $8,685 $989,200 $352,600 $636,600
2014 $8,640 $987,400 $352,600 $634,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333045

State-Wide MLS

APN: JAME-000006-000000-000026