NOT LISTED FOR SALE

505 Mail Rd Exeter, RI 02822

Estimated Value: $548,000 - $635,000

3 Beds
2 Baths
1,548 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $289,000 $187 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,507/month

143 Days on Market

Highlights

  • Under Construction
  • 4.13 Acre Lot
  • Deck
  • Metcalf School Rated A-
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of July 2017

BRAND NEW CAPE WITH 1ST FLOOR MASTER SUITE, HUGE WALK-IN CLOSET, LAUNDRY ROOM, DINING NOOK, REAR DECK, FULLY APPLIANCED KITCHEN, HARDWOODS, CENTRAL A/C, ENERGY EFFICIENT, 1 YEAR WARRANTY

Last Agent to Sell the Property

Robert Marcello

Fieldstone Properties, Inc. License #REC.0011295 Listed on: 01/25/2017

Last Buyer's Agent

Robert Marcello

Fieldstone Properties, Inc. License #REC.0011295 Listed on: 01/25/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,873

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 4.13 Acre Lot
  • Wooded Lot
  • Property is zoned RU4

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Tripps Corner Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 505MAILRDEXET

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,873

Year Built

Built in 2017 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.1299
  • Subdivision Name: TRIPPS CORNER
  • Above Grade Finished Sq Ft: 1548.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1548.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 179900.0
  • Parcel #: 505MAILRDEXET
  • Zoning: RU4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: 4
  • Tax Lot: 5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Jul 18, 2017
Sold by
Trade Wind Investments
Bought by
Ruiz-Carrion Ivan and Aquino Yarilyn R
Seller's Agent
Robert Marcello
Fieldstone Properties, Inc.
Buyer's Agent
Robert Marcello
Fieldstone Properties, Inc.
List Price
$319,900
Sold Price
$289,000
Premium/Discount to List
-$30,900
-9.66%
Current Estimated Value
$584,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,764
Avg. Annual Appreciation
8.19%
Original Mortgage
$264,000
Outstanding Balance
$223,819
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,092

Purchase Details

Closed on
Jul 18, 2016
Sold by
Ri Hsng & Mtg Fin Corp
Bought by
Whittle Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2016
Sold by
Whitttle Mary C
Bought by
Trade Wind Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ruiz-Carrion Ivan $289,000 --
Whittle Mary C -- --
Trade Wind Investment $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz-Carrion Ivan $264,000
Previous Owner Trade Wind Investment $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Sold $289,000 -9.7% $187 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $319,900 -- $207 / 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 $4,873 $424,100 $165,000 $259,100
2023 $4,910 $344,100 $145,500 $198,600
2022 $4,797 $344,100 $145,500 $198,600
2021 $4,721 $344,100 $145,500 $198,600
2020 $4,346 $279,100 $97,300 $181,800
2019 $4,379 $279,100 $97,300 $181,800
2018 $4,295 $279,100 $97,300 $181,800
2017 $3,001 $184,900 $79,600 $105,300
2016 $1,419 $89,000 $88,100 $900
2015 $1,368 $89,000 $88,100 $900
2014 $1,425 $97,400 $96,400 $1,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robert Marcello

    Fieldstone Properties, Inc.

    (401) 295-0300

    7 in this area

    9 Total Sales

    Robert Marcello
    Section Image
  • Stephen Lake

    Buyer Co-Listing Agent in 2017

    Stephen Lake

    Century 21 Topsail Realty

    (401) 418-0913

    36 Total Sales

    Stephen Lake
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1145052

State-Wide MLS

APN: EXET-000065-000004-000005

Rhode Island Washington County Exeter 02822

505 Mail Rd, Exeter, RI

This home is located at 505 Mail Rd, Exeter, RI 02822 since 25 January 2017 and is currently estimated at $584,764, approximately $377 per square foot. This property was built in 2017. 505 Mail Rd is a home located in Washington County with nearby schools including Mildred E. Lineham School, Wawaloam School, and Metcalf School.

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