M
Seller's Agent in 2023
Mark Gould
Coldwell Banker Realty
(401) 742-6811
1 in this area
24 Total Sales
505 Log Rd Smithfield, RI 02917
Estimated Value: $433,022 - $497,000
3
Beds
1
Bath
960
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wood Flooring
- 3 Car Detached Garage
- Vincent J. Gallagher Middle School Rated A-
- Attic
- Bathtub with Shower
About This Home
As of November 2023**ALL OFFERS DUE 11/2 BY 5PM** Check out this charming 3 bed, 1 bath Ranch nestled on a quiet country road in desirable Smithfield, RI. Built in 1957, this well cared for home features excellent ease of access to and from the surrounding areas combined with privacy. The home and property has had many updates over the years. The house is seated on a one acre wooded lot, with a 24'x32' detached heated 3 Bay garage/shop - a mechanic's dream! The main living space includes a bright living room entrance with excellent condition hardwood floors, just over 3 year old laminate flooring throughout the rest of the home and an ample sized kitchen. Down the hall, three well-sized bedrooms with closets are situated perfectly for one level living, with the full bath just before them. This cozy Ranch has so much potential! The septic system was completely replaced in September 22' with a future addition in mind. Do not wait to see this great property today!
Last Agent to Sell the Property
Coldwell Banker Realty License #RES.0045602 Listed on: 10/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,102
Year Built
- Built in 1957
Lot Details
- 1 Acre Lot
Parking
- 3 Car Detached Garage
- Garage Door Opener
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 960 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
- Attic
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- 200+ Amp Service
- 100 Amp Service
- Electric Water Heater
- Septic Tank
Community Details
- Golf Course Community
Listing and Financial Details
- Tax Lot 043
- Assessor Parcel Number 505LOGRDSMTH
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Nov 30, 2023
Sold by
Ralph A A and Ralph Lynn M
Bought by
Springhetti Corey and Springhetti Kayla A
Seller's Agent
Mark Gould
Coldwell Banker Realty
Buyer's Agent
David Dunne
Flagship Real Estate Advisors
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%
Views
67
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
$72,006
Avg. Annual Appreciation
8.32%
Original Mortgage
$280,000
Outstanding Balance
$274,533
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,473
Purchase Details
Closed on
Jun 27, 2023
Sold by
Farrar Ralph A and Farrar Lynn M
Bought by
Ralph A A and Ralph Lynn M
Purchase Details
Closed on
Mar 7, 2013
Sold by
Farrar Ralph A and Farrar Lynn M
Bought by
Farrar Elizabeth E
Purchase Details
Closed on
Aug 27, 2009
Sold by
Farrar Elizabeth E and Farrar Ralph P
Bought by
Farrar Ralph A and Farrar Lynn M
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 |
|---|---|---|---|
| Springhetti Corey | $390,000 | None Available | |
| Ralph A A | -- | None Available | |
| Farrar Elizabeth E | -- | -- | |
| Farrar Elizabeth E | -- | -- | |
| Farrar Ralph A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Springhetti Corey | $280,000 | |
| Previous Owner | Farrar Ralph A | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $390,000 | +2.9% | $406 / Sq Ft |
| 11/03/2023 11/03/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $379,000 | -- | $395 / 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 |
|---|---|---|---|---|
| 2025 | $4,598 | $371,100 | $188,500 | $182,600 |
| 2024 | $4,433 | $307,000 | $156,700 | $150,300 |
| 2023 | $4,212 | $307,000 | $156,700 | $150,300 |
| 2022 | $4,102 | $307,000 | $156,700 | $150,300 |
| 2021 | $3,914 | $228,500 | $117,200 | $111,300 |
| 2020 | $3,841 | $228,500 | $117,200 | $111,300 |
| 2019 | $3,841 | $228,500 | $117,200 | $111,300 |
| 2018 | $3,796 | $216,200 | $117,200 | $99,000 |
| 2017 | $3,737 | $212,800 | $113,800 | $99,000 |
| 2016 | $3,560 | $212,800 | $113,800 | $99,000 |
| 2015 | $3,544 | $201,700 | $104,100 | $97,600 |
| 2012 | $3,550 | $221,600 | $120,700 | $100,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Gould
-
David Dunne
Buyer's Agent in 2023
David Dunne
Flagship Real Estate Advisors
(401) 473-5299
1 in this area
101 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1346952
APN: SMIT-000050-000000-000043A
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