551 Seven Mile Rd Hope, RI 02831
Western Cranston NeighborhoodEstimated Value: $534,957 - $722,000
3
Beds
2
Baths
1,680
Sq Ft
$362/Sq Ft
Est. Value
About This Home
This home is located at 551 Seven Mile Rd, Hope, RI 02831 and is currently estimated at $608,989, approximately $362 per square foot. 551 Seven Mile Rd is a home with nearby schools including Orchard Farms El. School, Hope Highlands Middle School, and Cranston High School West.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2012
Sold by
Picano Stephen P and Picano Carolyn M
Bought by
Picano Stephen P and Picano Carolyn M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 1993
Sold by
Elite Dev Co Inc
Bought by
Picano Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.46%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Picano Stephen P | -- | -- | |
Picano Stephen | $129,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Picano Stephen | $128,300 | |
Closed | Picano Stephen | $192,000 | |
Previous Owner | Picano Stephen | $165,000 | |
Previous Owner | Picano Stephen | $89,000 |
Source: Public Records
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 | $5,704 | $419,100 | $143,600 | $275,500 |
2023 | $5,524 | $292,300 | $94,500 | $197,800 |
2022 | $5,410 | $292,300 | $94,500 | $197,800 |
2021 | $5,261 | $292,300 | $94,500 | $197,800 |
2020 | $5,003 | $240,900 | $90,000 | $150,900 |
2019 | $5,003 | $240,900 | $90,000 | $150,900 |
2018 | $4,888 | $240,900 | $90,000 | $150,900 |
2017 | $4,758 | $207,400 | $81,000 | $126,400 |
2016 | $4,656 | $207,400 | $81,000 | $126,400 |
2015 | $4,656 | $207,400 | $81,000 | $126,400 |
2014 | $5,011 | $219,400 | $81,000 | $138,400 |
Source: Public Records
Map
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