NOT LISTED FOR SALE

51 Indian Run Trail Smithfield, RI 02917

Estimated Value: $599,000 - $715,000

3 Beds
2.5 Baths
1,817 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $392,000 $216 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,224/month

33 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • 2 Car Attached Garage
  • Vincent J. Gallagher Middle School Rated A-
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

This is too good to be true! Enjoy waterfront living in this incredible newer construction home. Built in 2015-2016, this home features 3 bedrooms with bonus room above the garage, three baths, and room for expansion in the walk out lower level. Spacious garage with great storage loft, fenced in yard, and your very own dock. Steps to Deerfield Park, area schools and Apple Valley shopping.

Last Agent to Sell the Property

Melissa Riley

Westcott Properties License #RES.0033799 Listed on: 03/18/2019

Last Buyer's Agent

Beth Davis

Mott & Chace Sotheby's Intl. License #RES.0019528

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,388

Year Built

  • Built in 2015

Lot Details

  • 0.46 Acre Lot
  • Waterfront
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,817 Sq Ft Home
  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Water Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Heater
  • Septic Tank

Community Details

  • Sprague Reservoir Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 51INDIANRUNTRLSMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,388

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Sprague Reservoir
  • Above Grade Finished Sq Ft: 1817.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1817.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Waterfront
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 51INDIANRUNTRLSMTH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6388.32
  • Tax Lot: 77
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 17, 2019
Sold by
Reed Seth
Bought by
Krassner Justin S and Krassner-Sarah Jean
Seller's Agent
Melissa Riley
Westcott Properties
Buyer's Agent
Beth Davis
Mott & Chace Sotheby's Intl.
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%
Current Estimated Value
$673,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,089
Avg. Annual Appreciation
8.84%
Original Mortgage
$313,600
Outstanding Balance
$274,592
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$398,497

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 30, 2017
Sold by
Vilelli Michael J
Bought by
Reed Seth
Seller's Agent
Brian DuPont
Real Estate Masters, Inc.
Buyer's Agent
Renee Boiteau
Keller Williams Leading Edge
List Price
$379,000
Sold Price
$386,000
Premium/Discount to List
$7,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%
Original Mortgage
$377,772
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 17, 2017
Sold by
Brown Wendy L and Antonelli Jodie R
Bought by
Vilelli Michael J
Seller's Agent
Brian DuPont
Real Estate Masters, Inc.
Buyer's Agent
Renee Boiteau
Keller Williams Leading Edge
List Price
$379,000
Sold Price
$386,000
Premium/Discount to List
$7,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,772
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2014
Sold by
Brown Marion E
Bought by
Vilelli Michael J
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
Krassner Justin S $392,000 --
Krassner Justin S $392,000 --
Reed Seth $386,000 --
Reed Seth $386,000 --
Vilelli Michael J -- --
Vilelli Michael J -- --
Vielli Michael J -- --
Vielli Michael J -- --
Vilelli Michael J $40,000 --
Vilelli Michael J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krassner Justin S $313,600
Closed Krassner Justin S $313,600
Previous Owner Reed Seth $377,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $392,000 -2.0% $216 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $399,900 +3.6% $220 / Sq Ft
01/30/2017 01/30/17 Sold $386,000 +1.8% $214 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $379,000 -- $211 / 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
2025 $7,858 $634,200 $212,600 $421,600
2024 $6,777 $469,300 $149,000 $320,300
2023 $6,439 $469,300 $149,000 $320,300
2022 $6,270 $469,300 $149,000 $320,300
2021 $6,232 $363,800 $111,600 $252,200
2020 $6,115 $363,800 $111,600 $252,200
2019 $6,115 $363,800 $111,600 $252,200
2018 $5,635 $320,900 $104,400 $216,500
2017 $5,635 $320,900 $104,400 $216,500
2016 $2,709 $161,900 $104,400 $57,500
2015 $1,465 $83,400 $83,400 $0
2012 $1,910 $119,200 $119,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1217646

State-Wide MLS

APN: SMIT-000013-000000-000077