NOT LISTED FOR SALE

54 Ridge Dr Exeter, RI 02822

Estimated Value: $964,000 - $1,095,000

4 Beds
3.5 Baths
4,117 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $794,900 $193 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,420/month

53 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Deck
  • Metcalf School Rated A-
  • 3 Acre Lot
  • Contemporary Architecture

About This Home

As of November 2021

Why leave for vacation when you can own this resort-style oasis ~ this home has it all!! This luxurious contemporary with a 3-car garage on 3 acres with mature landscaping for maximum privacy has undergone many new upgrades within the past 4 years including windows, patio doors, and HVAC system. No expense was spared from the open-concept kitchen with granite and all new high-end appliances overlooking the beautiful landscape all the way up to the master bedroom, finished lower level and right out to the yard. Luxury appointments throughout with a high-level of attention to detail including hardwoods and tile throughout, a fireplace, formal spacious dining room, a den; this home also features extremely large bedrooms which you can see from the attached floor plans. The large partially finished basement is perfect with a walk out to the pool/hot tub area. For entertainment purposes, the enormous brand new Trex deck provides ample room for the largest of parties. The completely refurbished in-ground pool comes with a new liner and a new paver patio throughout. Adjacent to the pool is a large 6-person hot tub tucked away near a freshly painted covered patio, a gated yard complete with a custom-built stone wall and lots of outdoor lighting. Truly a sanctuary of your own.. A must see!!

Last Agent to Sell the Property

Deborah Giannini

HomeSmart Professionals License #RES.0035732 Listed on: 08/19/2021

HomeSmart Professionals

Last Buyer's Agent

Kelli Improta

RI Real Estate Services License #REB.0018356

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,392

Year Built

  • Built in 1994

Lot Details

  • 3 Acre Lot
  • Wooded Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Game Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 54RIDGEDREXET

Community Details

Overview

  • Forest Hills Estates Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,392

Year Built

Built in 1994

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Subdivision Name: Forest Hills Estates
  • Above Grade Finished Sq Ft: 3417.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 700.0
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 4117.0
  • Dining Room Type: Game Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Pool Features: In Ground
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 15.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 150.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: 54RIDGEDREXET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8392.0
  • Tax Lot: 25
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Nov 10, 2021
Sold by
Palumbo Samuel F and Palumbo Kathleen
Bought by
Olin Evan and Olin Kara
Seller's Agent
Deborah Giannini
HomeSmart Professionals
Buyer's Agent
Kelli Improta
RI Real Estate Services
List Price
$799,000
Sold Price
$794,900
Premium/Discount to List
-$4,100
-0.51%
Current Estimated Value
$1,036,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,932
Avg. Annual Appreciation
6.63%
Original Mortgage
$184,900
Outstanding Balance
$169,121
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$867,711

Purchase Details

Listed on
Jan 13, 2017
Closed on
Apr 25, 2017
Sold by
Jp Morgan Mtg Acquis C
Bought by
Palumbo 3Rd Samuel F and Palumbo Kathleen
Seller's Agent
Robert Crudale
RE/MAX Real Estate Center
Buyer's Agent
Deborah Giannini
List Price
$468,900
Sold Price
$423,000
Premium/Discount to List
-$45,900
-9.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$401,850
Interest Rate
4.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2005
Sold by
Brincat Josephine and Brincat Louis
Bought by
Kent Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Damico Ii William R and Damico Michelle C
Bought by
Brincat Louis and Brincat Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olin Evan $794,900 None Available
Palumbo 3Rd Samuel F $423,000 --
Kent Gerald $638,000 --
Brincat Louis $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olin Evan $184,900
Previous Owner Palumbo 3Rd Samuel F $401,850
Previous Owner Brincat Louis $510,400
Previous Owner Brincat Louis $127,600
Previous Owner Brincat Louis $235,000
Previous Owner Brincat Louis $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2021 11/11/21 Sold $794,900 -0.5% $193 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $799,000 +88.9% $194 / Sq Ft
04/25/2017 04/25/17 Sold $423,000 -9.8% $103 / Sq Ft View Prior Sale
03/26/2017 03/26/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $468,900 -- $114 / 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 $11,894 $806,400 $168,800 $637,600
2024 $9,266 $806,400 $168,800 $637,600
2023 $8,729 $611,700 $140,400 $471,300
2022 $8,527 $611,700 $140,400 $471,300
2021 $8,393 $611,700 $140,400 $471,300
2020 $8,788 $564,400 $131,500 $432,900
2019 $8,855 $564,400 $131,500 $432,900
2018 $8,686 $564,400 $131,500 $432,900
2017 $7,758 $478,000 $136,500 $341,500
2016 $7,619 $478,000 $136,500 $341,500
2015 $7,347 $478,000 $136,500 $341,500
2014 $7,353 $502,600 $128,800 $373,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1291150

State-Wide MLS

APN: EXET-000022-000002-000025