NOT LISTED FOR SALE

512 Seven Mile Rd Hope, RI 02831

Estimated Value: $1,160,000 - $2,226,905

4 Beds
4.5 Baths
3,917 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $1,800,000 $460 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,566/month

105 Days on Market

Highlights

  • Golf Course Community
  • Stables
  • 1.95 Acre Lot
  • Barn
  • Spa
  • Colonial Architecture

About This Home

As of November 2022

White Rail Farm is the ultimate in luxury, with the warmth of a family home. When you enter the foyer, soaring ceilings and lovely cherry wood floors welcome you. Designed for entertaining, each room flows gracefully into the next from the formal dining room to the kitchen with a massive granite island. The kitchen is appointed with the best appliances, Wolf, Meile, Subzero, and the quality extends to the additional summer kitchen. Relax by the custom stone fireplace in the living room and enjoy stunning 360-degree views; you are surrounded by 65-acres of conservation land that is perfect for hikes and dog walks. The first-floor primary suite is expansive with two walk-in closets and an exquisite marble bathroom with whirlpool tub and walk-in shower. The spacious first-floor office is stately with custom cherry wood cabinets and space for two. Laundry room and marble-appointed powder room complete the first floor. You will appreciate that the entire first floor, and the 4-car garage, offer radiant heat floors. Upstairs, you will find another primary suite with an ensuite and walk-in closet, as well as two additional large bedrooms, each with an ensuite. The barn is beautiful! Custom stalls can home 4 horses or several dream cars. It also provides a workshop, office, bathroom, and full loft for storage. Set on 2-acres, this property offers a private home surrounded by nature with the convenience of highway access to Boston, Providence, or Southern RI. Welcome Home!

Last Agent to Sell the Property

Kimberly Marion

Engel & Volkers Oceanside License #RES.0042828 Listed on: 06/14/2022

Engel & Volkers Oceanside

Last Buyer's Agent

Beth DeSista

Residential Properties Ltd. License #RES.0045307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 2006

Lot Details

  • 1.95 Acre Lot
  • Security Fence
  • Electric Fence
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry

Interior Spaces

  • 3,917 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Home Office
  • Workshop
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • Spa
  • Screened Patio
  • Outbuilding
  • Outdoor Grill
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 106-00
  • Assessor Parcel Number 512SEVENMILERDSCIT

Community Details

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,000

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.95
  • Above Grade Finished Sq Ft: 3917.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Other, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 3917.0
  • Dining Room Type: Bathroom, Office, Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Electric, Fenced, Security
  • Lot Features: Private, Secluded, Sprinkler System, Wooded
  • Construction Type: Drywall, Clapboard, Masonry
  • Exterior Features: Porch, Patio, Barbecue, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hydro Air, Propane, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Land Lease: No
  • Lot Size Sq Ft: 84942.0
  • Parcel #: 512SEVENMILERDSCIT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12000.0
  • Tax Lot: 106-00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Nov 15, 2022
Sold by
Angeli Realty Llc
Bought by
Gracyalny Eleanor and Gracyalny Paul
Seller's Agent
Kimberly Marion
Engel & Volkers Oceanside
Buyer's Agent
Beth DeSista
Residential Properties Ltd.
List Price
$1,795,000
Sold Price
$1,800,000
Premium/Discount to List
$5,000
0.28%
Views
50
Current Estimated Value
$1,543,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$256,698
Avg. Annual Appreciation
-5.38%

Purchase Details

Closed on
May 25, 2017
Sold by
Anthony E Angeli T
Bought by
Angeli Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2005
Sold by
Knight Henriette J Est
Bought by
Angeli Anthony E
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
Gracyalny Eleanor $1,800,000 None Available
Angeli Realty Llc -- --
Angeli Anthony E $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gracyalyn Paul $400,000
Previous Owner Angeli Anthony E $40,000
Previous Owner Angeli Anthony E $400,000
Previous Owner Angeli Anthony E $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $1,800,000 +0.3% $460 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $1,795,000 -- $458 / 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 $14,081 $812,500 $125,200 $687,300
2023 $13,618 $812,500 $125,200 $687,300
2022 $13,309 $812,500 $125,200 $687,300
2021 $12,659 $677,300 $75,600 $601,700
2020 $12,374 $677,300 $75,600 $601,700
2019 $12,117 $677,300 $75,600 $601,700
2018 $12,625 $651,100 $86,600 $564,500
2017 $12,254 $651,100 $86,600 $564,500
2016 $11,746 $651,100 $86,600 $564,500
2015 $11,948 $623,600 $80,700 $542,900
2014 $11,813 $622,400 $80,700 $541,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1312876

State-Wide MLS

APN: SCIT-000009-001106-000000