NOT LISTED FOR SALE

53 Lakeside Dr Smithfield, RI 02917

Estimated Value: $407,000 - $517,000

3 Beds
2 Baths
2,136 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $280,000 $131 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,869/month

32 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walking Distance to Water
  • Vincent J. Gallagher Middle School Rated A-
  • Game Room
  • Bathtub with Shower

About This Home

As of March 2019

Cozy 3 bedroom 2 bath L shaped ranch in desirable family friendly Farnum Heights neighborhood. This home features a brand new kitchen with granite counter tops, stainless appliances, ceramic flooring, and gleaming refinished hardwood floors throughout, fresh paint, nicely finished lower level family room and bath, oversized deck, spacious yard, and a newer 10x12 Shed for lawn equipment. Take a short walk to Georgiaville pond beach for a swim!

Last Agent to Sell the Property

Lance Bennett

Coastal Properties Group License #RES.0040374 Listed on: 01/15/2019

Last Buyer's Agent

Donna Sabitoni

Flagship Real Estate Advisors License #REB.0018824

Flagship Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Game Room
  • Storage Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Farnum Heights Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 53LAKESIDEDRSMTH

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,726

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Farnum Heights
  • Above Grade Finished Sq Ft: 1068.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1068.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 2136.0
  • Dining Room Type: Bathroom, Game Room, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 53LAKESIDEDRSMTH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3726.0
  • Tax Lot: 102
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Mar 19, 2019
Sold by
Charles E Mcginnis Ret and Mcginnis
Bought by
Tiberi Julia M
Seller's Agent
Lance Bennett
Coastal Properties Group
Buyer's Agent
Donna Sabitoni
Flagship Real Estate Advisors
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Current Estimated Value
$469,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,355
Avg. Annual Appreciation
8.21%
Original Mortgage
$224,000
Outstanding Balance
$196,934
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$272,421

Purchase Details

Closed on
Oct 14, 2016
Sold by
Mcginnis Charles E
Bought by
Mcginnis Charles E

Purchase Details

Closed on
May 18, 2016
Sold by
Mcginnis Charles E and Mcginnis Charles E
Bought by
Mcginnis Charles E

Purchase Details

Closed on
Mar 29, 2016
Sold by
Mcginnis Charles E
Bought by
Mcginnis Charles E

Purchase Details

Listed on
Jun 6, 2015
Closed on
Aug 12, 2015
Sold by
Lallu Matthew P and Lally Katie B
Bought by
Mcginnis Charles E
Seller's Agent
Ilanna Ball
Finest Real Estate
Buyer's Agent
Lance Bennett
Coastal Properties Group
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$210,800
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Sherring James and Sherring Carolyn
Bought by
Lally Mathew and Lally Katie

Purchase Details

Closed on
Jun 8, 1998
Sold by
Poirier James E and Poirier Edith
Bought by
Sherring James E and Pascale Carolyn 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
Tiberi Julia M $280,000 --
Tiberi Julia M $280,000 --
Mcginnis Charles E -- --
Mcginnis Charles E -- --
Mcginnis Charles E -- --
Mcginnis Charles E -- --
Mcginnis Charles E -- --
Mcginnis Charles E -- --
Mcginnis Charles E $248,000 --
Mcginnis Charles E $248,000 --
Lally Mathew $275,000 --
Lally Mathew $275,000 --
Sherring James E $112,500 --
Sherring James E $112,500 --
Mcginnis Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiberi Julia M $224,000
Closed Tiberi Julia M $224,000
Previous Owner Sherring James E $210,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2019 03/19/19 Sold $280,000 -3.1% $131 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $289,000 +16.5% $135 / Sq Ft
08/11/2015 08/11/15 Sold $248,000 -0.8% $232 / Sq Ft View Prior Sale
07/12/2015 07/12/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $249,900 -- $234 / 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 $4,566 $368,500 $156,900 $211,600
2024 $4,388 $303,900 $144,500 $159,400
2023 $4,170 $303,900 $144,500 $159,400
2022 $4,060 $303,900 $144,500 $159,400
2021 $3,906 $228,000 $108,000 $120,000
2020 $3,833 $228,000 $108,000 $120,000
2019 $3,833 $228,000 $108,000 $120,000
2018 $3,726 $212,200 $108,000 $104,200
2017 $3,726 $212,200 $108,000 $104,200
2016 $3,550 $212,200 $108,000 $104,200
2015 $3,094 $176,100 $94,600 $81,500
2012 $3,146 $196,400 $111,400 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1213126

State-Wide MLS

APN: SMIT-000051-000000-000102