NOT LISTED FOR SALE

542 Log Rd Smithfield, RI 02917

Estimated Value: $505,101 - $706,000

43 Acres
$13,530 Price per Acre
1,851,300 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $400,000

Est. 44% increase in value since last sale

Current estimated payment $3,651/month

167 Days on Market

Highlights

  • 42.5 Acre Lot
  • Vincent J. Gallagher Middle School Rated A-
  • Wooded Lot

About This Lot

As of March 2022

42.5 ACRE PARCEL IN VERY DESIRABLE SMITHFIELD LOCATION. THIS PROPERTY RECEIVED PRLIMINARY APPROVAL FOR AN EIGHT LOT SUBDIVISION A FEW YEARS AGO. THE DOCUMENTATION FOR THE APPROVAL IS ATTACHED TO THIS LISTING. THE LAND RISES UP FROM LOG ROAD, SO THAT THE LOTS AT THE CREST OF THE PARCEL HAVE FANTASTIC VIEWS OVER THE VALLEY. THIS PIECE WOULD ALSO MAKE FOR A WONDERFUL FAMILY COMPOUND WITH A COMMON DRIVEWAY, RATHER THAN AN ACTUAL ROAD.

Last Agent to Sell the Property

Ziggy Stevens

Custodio Realtors License #REB.0010201 Listed on: 09/14/2021

Last Buyer's Agent

Trevor Wiggins

Greenwich Bay Realty, LLC License #REB.0016970

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,507

Lot Details

  • 42.5 Acre Lot
  • Wooded Lot
  • Finished Lot(s)

Listing and Financial Details

  • Tax Lot 33A
  • Assessor Parcel Number 542LOGRDSMTH

Property Details

Property Type

Land

Est. Annual Taxes

$4,507

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 42.5
  • Road Frontage Type: None
  • Road Surface Type: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: Electricity Available, Municipal Utilities, Water Connected, Water Available
  • Water Source: Public

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 1851300.0
  • Wooded Area: 80.0
  • Parcel #: 542LOGRDSMTH
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4507.0
  • Tax Lot: 33A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Torre Hldg Llc
Bought by
542 Log Rd Llc
Current Estimated Value
$575,034

Purchase Details

Listed on
Sep 14, 2021
Closed on
Mar 25, 2022
Sold by
Checkerberry Estates Llc
Bought by
Torre Holdings Llc
Seller's Agent
Ziggy Stevens
Custodio Realtors
Buyer's Agent
Trevor Wiggins
Greenwich Bay Realty, LLC
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Mar 19, 2009
Sold by
Wiggins Edward J and Paulo Joaquim R
Bought by
Checkerberry Estates Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
542 Log Rd Llc -- None Available
542 Log Rd Llc -- None Available
Torre Holdings Llc $400,000 None Available
Torre Holdings Llc $400,000 None Available
Checkerberry Estates Llc -- None Available
Checkerberry Estates Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $400,000 -19.8% --
03/01/2022 03/01/22 Pending -- -- --
09/14/2021 09/14/21 For Sale $499,000 -- --
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 $5,523 $382,500 $382,500 $0
2023 $5,248 $382,500 $382,500 $0
2022 $5,110 $382,500 $382,500 $0
2021 $4,507 $263,100 $263,100 $0
2020 $4,423 $263,100 $263,100 $0
2019 $4,423 $263,100 $263,100 $0
2018 $4,620 $263,100 $263,100 $0
2017 $4,506 $256,600 $256,600 $0
2016 $4,293 $256,600 $256,600 $0
2015 $4,414 $251,200 $251,200 $0
2012 $4,620 $288,400 $288,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Ziggy Stevens

    Custodio Realtors

    1 in this area

    32 Total Sales

    Ziggy Stevens
    Section Image

  • T

    Buyer's Agent in 2022

    Trevor Wiggins

    Greenwich Bay Realty, LLC

    (401) 413-3344

    1 in this area

    30 Total Sales

    Trevor Wiggins
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1293615

State-Wide MLS

APN: SMIT-000050-000000-000033A

Rhode Island Providence County Smithfield 02917

542 Log Rd, Smithfield, RI

This home is located at 542 Log Rd, Smithfield, RI 02917 since 14 September 2021 and is currently estimated at $575,034. 542 Log Rd is a home located in Providence County with nearby schools including Vincent J. Gallagher Middle School and Smithfield High School.

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