520 Shippeetown Rd East Greenwich, RI 02818
Shippeetown NeighborhoodEstimated Value: $1,352,448 - $1,847,000
6
Beds
7
Baths
10,024
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- Golf Course Community
- In Ground Pool
- 6.16 Acre Lot
- James H. Eldredge Elementary School Rated A
- Sauna
- Colonial Architecture
About This Home
As of October 2021Majestic custom built home nestled on a spacious 6 acre lot in desirable East Greenwich. This , very interesting home is architecturally designed and built for easy living and grand entertaining. The grand foyer with hardwood floors and a beautiful, curved staircase provides an impressive entry to the home with a welcoming entry to a beautiful great room with 20 foot ceilings. First floor Master Suite features a spectacular bath with whirlpool tub, shower and sauna. The spacious eat in kitchen leads, on one end, to a sun room with opening to the pool and Jacuzzi and on the other to a full in law apartment. Second level has 3 bedrooms, 2 full baths a rec room, exercise room and a unique second level patio which overlooks the pool. The open floor plan flows to a formal dining room, a great room with fireplace and the warm and inviting sun room. A must see kind of property with ample acreage which provide even more possibilities. Quick and easy access to highways and amenities in East Greenwich and the rest of the state are a plus. Central location in the state. The expansive full basement (4024 sq. ft.) has a lot of potential. Just minutes from downtown East Greenwich, golf, marinas, and miles of scenic shoreline. Imagine all the possibilities this home has to offer.
Last Agent to Sell the Property
BHHS Commonwealth Real Estate License #RES.0043781 Listed on: 12/28/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,735
Year Built
- Built in 1992
Lot Details
- 6.16 Acre Lot
- Property is zoned F1
Parking
- 3 Car Attached Garage
- Driveway
Home Design
- Colonial Architecture
- Aluminum Siding
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 2-Story Property
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- Gas Fireplace
- Sauna
- Security System Owned
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Cedar Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- In Ground Pool
- Balcony
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- 200+ Amp Service
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 54
- Assessor Parcel Number 520SHIPPEETOWNRDEGRN
Community Details
Amenities
- Shops
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2020
Closed on
Oct 29, 2021
Sold by
Rioles Robert D and Rioles Donna A
Bought by
Chen Schen and Weng Meiyin
Seller's Agent
Robert Lallo
BHHS Commonwealth Real Estate
Buyer's Agent
Mei Yin Weng
Green Island Realty, Inc.
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Total Days on Market
274
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
$640,816
Avg. Annual Appreciation
15.71%
Original Mortgage
$548,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2003
Sold by
Barksdale Brenda L
Bought by
Rioles Robert D and Rioles Donna A
Purchase Details
Closed on
Apr 16, 1998
Sold by
Nardella Michael
Bought by
Barksdale Donal A
Purchase Details
Closed on
Jun 9, 1994
Sold by
Gravier Theresa
Bought by
Nardella Michael
Similar Homes in East Greenwich, RI
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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 |
|---|---|---|---|
| Chen Schen | $925,000 | None Available | |
| Rioles Robert D | $885,000 | -- | |
| Barksdale Donal A | $820,000 | -- | |
| Nardella Michael | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Sheng | $418,000 | |
| Closed | Cheng Sheng | $418,000 | |
| Closed | Chen Schen | $548,000 | |
| Previous Owner | Nardella Michael | $75,000 | |
| Previous Owner | Nardella Michael | $677,650 | |
| Previous Owner | Nardella Michael | $653,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $925,000 | -15.9% | $92 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 12/28/2020 12/28/20 | For Sale | $1,100,000 | -- | $110 / 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 | $20,450 | $1,388,300 | $328,500 | $1,059,800 |
| 2023 | $19,556 | $895,000 | $285,700 | $609,300 |
| 2022 | $19,171 | $895,000 | $285,700 | $609,300 |
| 2021 | $18,804 | $895,000 | $285,700 | $609,300 |
| 2020 | $18,913 | $807,200 | $265,000 | $542,200 |
| 2019 | $18,735 | $807,200 | $265,000 | $542,200 |
| 2018 | $18,566 | $807,200 | $265,000 | $542,200 |
| 2017 | $18,876 | $797,800 | $275,900 | $521,900 |
| 2016 | $18,824 | $781,400 | $275,900 | $505,500 |
| 2015 | $18,175 | $781,400 | $275,900 | $505,500 |
| 2014 | $16,973 | $729,700 | $208,300 | $521,400 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lallo
R
Seller's Agent in 2021
Robert Lallo
BHHS Commonwealth Real Estate
(401) 829-0886
1 in this area
23 Total Sales
-
Mei Yin Weng
M
Buyer's Agent in 2021
Mei Yin Weng
Green Island Realty, Inc.
(401) 461-2063
1 in this area
2 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1272351
APN: EGRE-000059-000012-000054
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