Seller's Agent in 2023
Matt Patty
Real Broker, LLC
(401) 269-6169
3 in this area
228 Total Sales
503 Switch Rd Wood River Junction, RI 02894
Estimated Value: $390,000 - $455,000
3
Beds
2
Baths
1,512
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Deck
- Wood Flooring
- Cape Cod Architecture
- Wooded Lot
- Attic
About This Home
As of May 2023Deep, private lot with wooded trails behind you, nature, gardens and everything you're looking for when you make the move to scenic Wood River Junction. Adorable 3 bed home with one large primary bedroom on the main level, living room with tons of natural light, kitchen and formal dining room plus a spacious full bath. Property has many custom and homey touches, was brought to life over time by the current owner and has character galore. Upstairs has so much potential, either add dormers to enlarge the existing space and/or add a another bathroom or enjoy the two cozy rooms as they are, this property affords you the option to move to one of the most peaceful, rural outposts in southern RI, while staying within an affordable budget for a move in ready home. Updated well, heating, electrical and mechanical systems, contractor owned home that is tight and right with old house charms. Plenty of parking and a useful shed on site, this property has so much to offer, its a great option for those seeking tranquility, peace and quiet and a solid home to boot! Don't miss out, go with the flow in Wood River!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,876
Year Built
- Built in 1950
Lot Details
- 1.2 Acre Lot
- Fenced
- Wooded Lot
- Property is zoned R3
Parking
- 1 Car Detached Garage
Home Design
- Cape Cod Architecture
- Block Foundation
- Clapboard
Interior Spaces
- 1,512 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Storm Doors
- Attic
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Cedar Closet
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Walking Distance to Water
- Deck
- Outbuilding
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
- Well
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number 503SWITCHRDRICH
Community Details
Recreation
- Golf Course Community
- Recreation Facilities
Additional Features
- Wood River Junction Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2022
Closed on
May 2, 2023
Sold by
Terry Nancy L
Bought by
Rich Daniel and Ayres Allison
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
James Champlin
Keller Williams Coastal
List Price
$389,900
Sold Price
$359,900
Premium/Discount to List
-$30,000
-7.69%
Views
750
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,577
Avg. Annual Appreciation
8.00%
Original Mortgage
$353,380
Outstanding Balance
$344,566
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$85,033
Purchase Details
Closed on
Jan 4, 1993
Sold by
Gregory Joseph J
Bought by
Holland Cindy L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rich Daniel | $359,900 | None Available | |
| Holland Cindy L | $99,000 | -- | |
| Holland Cindy L | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rich Daniel | $353,380 | |
| Previous Owner | Holland Cindy L | $12,500 | |
| Previous Owner | Holland Cindy L | $186,550 | |
| Previous Owner | Holland Cindy L | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $359,900 | 0.0% | $238 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | Price Changed | $359,900 | -2.7% | $238 / Sq Ft |
| 09/27/2022 09/27/22 | Price Changed | $369,900 | -5.1% | $245 / Sq Ft |
| 08/31/2022 08/31/22 | For Sale | $389,900 | -- | $258 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,647 | $316,800 | $131,000 | $185,800 |
| 2023 | $4,676 | $316,800 | $131,000 | $185,800 |
| 2022 | $4,867 | $236,500 | $109,300 | $127,200 |
| 2021 | $4,877 | $236,500 | $109,300 | $127,200 |
| 2020 | $4,820 | $236,500 | $109,300 | $127,200 |
| 2019 | $4,404 | $201,300 | $104,900 | $96,400 |
| 2018 | $4,300 | $201,300 | $104,900 | $96,400 |
| 2017 | $4,187 | $201,300 | $104,900 | $96,400 |
| 2016 | $4,066 | $188,500 | $100,600 | $87,900 |
| 2015 | $3,974 | $188,500 | $100,600 | $87,900 |
| 2014 | $3,947 | $188,500 | $100,600 | $87,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2023
James Champlin
Keller Williams Coastal
(860) 315-2491
1 in this area
9 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1318540
APN: RICH-000010B-000040
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