NOT LISTED FOR SALE

500 Mendon Rd Unit 401 Cumberland, RI 02864

Berkeley Neighborhood

Estimated Value: $495,000 - $576,868

2 Beds
2 Baths
3,250 Sq Ft
$200/mo HOA Fee

Last Sold July 20, 2012

Last sale price $357,000 $110 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,744/month

95 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Cul-De-Sac
  • Cathedral Ceiling
  • Thermal Windows
  • 2 Car Attached Garage

About This Home

As of July 2012

This home is located at 500 Mendon Rd Unit 401, Cumberland, RI 02864 since 16 March 2012 and is currently estimated at $548,967, approximately $168 per square foot. This property was built in 2004. 500 Mendon Rd Unit 401 is a home located in Providence County with nearby schools including Garvin Memorial School, Joseph L. McCourt Middle School, and Cumberland High School.

Last Agent to Sell the Property

Michael Milano

RE/MAX Professionals License #RES.0028560 Listed on: 03/16/2012

Last Buyer's Agent

Cheryl Davis

Residential Properties Ltd. License #RES.0031161

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Zero Clearance Fireplace
  • Marble Fireplace
  • Thermal Windows
  • Water Views
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessible Doors

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14/2
  • Assessor Parcel Number 500MENDONRD401CUMB

Community Details

Overview

  • 160 Units
  • Berkeley Commons Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

Built in 2004

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Berkeley Commons
  • Above Grade Finished Sq Ft: 1650.0
  • Building Name: BERKELEY COMMONS
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Accessibility Features: Accessible Full Bath, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1600.0
  • Entry Location: First Floor Access
  • Fireplace Features: Marble, Zero Clearance
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 3250.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Cul-De-Sac, Paved
  • View: Water
  • View: Yes
  • Construction Type: Plaster, Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener, Unassigned
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Individual
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 500MENDONRD401CUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 160

Tax Info

  • Tax Annual Amount: 4498.5
  • Tax Block: 0000
  • Tax Lot: 14/2
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Jul 20, 2012
Sold by
Boie Arthur O and Boie Anita L
Bought by
Marino Anthony D and Marino Margherita M
Seller's Agent
Michael Milano
RE/MAX Professionals
Buyer's Agent
Cheryl Davis
Residential Properties Ltd.
List Price
$365,000
Sold Price
$357,000
Premium/Discount to List
-$8,000
-2.19%
Total Days on Market
95
Current Estimated Value
$548,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,967
Avg. Annual Appreciation
3.57%
Original Mortgage
$100,000
Outstanding Balance
$20,737
Interest Rate
3.7%
Estimated Equity
$540,841

Purchase Details

Closed on
Sep 11, 2008
Sold by
Couto Robert G
Bought by
Boie Anita L and Boie Arthur O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Berkeley Commons Dev
Bought by
Couto Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Marino Anthony D $357,000 --
Boie Anita L $351,000 --
Couto Robert $417,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marino Anthony D $100,000
Previous Owner Couto Robert $50,000
Previous Owner Couto Robert $154,000
Previous Owner Couto Robert $346,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $357,000 -2.2% $110 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $365,000 -- $112 / 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 $5,692 $476,300 $0 $476,300
2023 $5,535 $476,300 $0 $476,300
2022 $5,959 $397,500 $0 $397,500
2021 $5,802 $393,600 $0 $393,600
2020 $5,636 $393,600 $0 $393,600
2019 $5,580 $351,400 $0 $351,400
2018 $5,419 $351,400 $0 $351,400
2017 $5,345 $351,400 $0 $351,400
2016 $5,529 $323,700 $0 $323,700
2015 $5,529 $323,700 $0 $323,700
2014 $5,529 $323,700 $0 $323,700
2013 $5,365 $340,000 $0 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1012557

State-Wide MLS

APN: CUMB-000014-000002-000401