NOT LISTED FOR SALE

55 Ridge Dr Exeter, RI 02822

Estimated Value: $806,000 - $1,010,000

3 Beds
2.5 Baths
2,745 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $690,000 $251 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,305/month

61 Days on Market

Highlights

  • Golf Course Community
  • 3.7 Acre Lot
  • Wood Burning Stove
  • Metcalf School Rated A-
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of December 2023

Gorgeous contemporary, Lindal custom cedar sided home boasts 22ft ceilings in the great room with expansive windows that bring the outside in. Gleaming cherry hardwoods are topped off with a wood burning insert that gives the comfy lodge feel that you won't want to leave. The master bedroom on first floor is oversized and includes a large screened in porch for all season living. Imagine falling asleep with the french doors open to the screened in porch, listening to the wind through the woods and hearing the birds chirp in the morning. This house is truly a nature lovers dream. Set on over 3 acres and set back off the neighborhood road for ultimate privacy. The upstairs has a bonus lofted den, separate office, full bathroom and 2 bedrooms. With over 2700 sq ft of usable living space, a large exterior deck, 2 car garage, lrg unfinished basement for storage or extra finished space in the future, over 3 acres of land and still close and convenient to all amenities/highway access, this house is waiting to be your home!

Last Agent to Sell the Property

Joellen Wunner

Keller Williams Coastal Listed on: 10/13/2023

Keller Williams Coastal

Last Buyer's Agent

Dave Buonaiuto

RE/MAX Professionals License #RES.0040890

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1989

Lot Details

  • 3.7 Acre Lot
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,745 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Storage Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Water Heater Leased
  • Septic Tank

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 55RIDGEDREXET

Community Details

Overview

  • Forest Hills Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,525

Year Built

Built in 1989

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.7
  • Inclusions: Sales Disclosures will be uploaded with Active listing the 25th or before
  • Subdivision Name: Forest Hills
  • Above Grade Finished Sq Ft: 2745.0
  • Architectural Style: Cape Cod, Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater Rented, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 2745.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Propane, Wood
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 195.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 161172.0
  • Parcel #: 55RIDGEDREXET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6525.0
  • Tax Lot: 45
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 14, 2023
Sold by
Murzi Anthony T and Murzi Amber L
Bought by
Palmer Gardner H and Palmer Judith C
Seller's Agent
Joellen Wunner
Keller Williams Coastal
Buyer's Agent
Dave Buonaiuto
RE/MAX Professionals
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Views
107
Current Estimated Value
$871,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,259
Avg. Annual Appreciation
11.99%
Original Mortgage
$552,000
Outstanding Balance
$542,391
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,868

Purchase Details

Closed on
Jun 11, 2021
Sold by
Murzi Amber L
Bought by
Murzi Anthony T and Murzi Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jul 24, 2012
Sold by
Weedon Sarah J and Robinson Deirdre E
Bought by
Murzi Amber L
Seller's Agent
Mary Louise Formisano
Strive Realty
Buyer's Agent
Pam Soule
Coldwell Banker Realty
List Price
$429,000
Sold Price
$339,000
Premium/Discount to List
-$90,000
-20.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$322,050
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Palmer Gardner H $690,000 None Available
Murzi Anthony T -- None Available
Murzi Amber L $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Gardner H $552,000
Previous Owner Murzi Anthony T $271,000
Previous Owner Murzi Amber L $322,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $690,000 -1.3% $251 / Sq Ft
10/13/2023 10/13/23 For Sale $699,000 +106.2% $255 / Sq Ft
07/24/2012 07/24/12 Sold $339,000 -21.0% $123 / Sq Ft View Prior Sale
06/24/2012 06/24/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $429,000 -- $156 / 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 $8,857 $600,500 $172,600 $427,900
2024 $6,900 $600,500 $172,600 $427,900
2023 $6,680 $468,100 $143,600 $324,500
2022 $6,525 $468,100 $143,600 $324,500
2021 $6,422 $468,100 $143,600 $324,500
2020 $6,633 $426,000 $134,400 $291,600
2019 $6,684 $426,000 $134,400 $291,600
2018 $6,556 $426,000 $134,400 $291,600
2017 $6,021 $371,000 $140,700 $230,300
2016 $5,914 $371,000 $140,700 $230,300
2015 $5,702 $371,000 $140,700 $230,300
2014 $5,909 $403,900 $132,700 $271,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1345953

State-Wide MLS

APN: EXET-000022-000002-000045