NOT LISTED FOR SALE

561 Seven Mile Rd Hope, RI 02831

Western Cranston Neighborhood

Estimated Value: $749,426 - $913,000

4 Beds
2.5 Baths
2,548 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $365,000 $143 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,030/month

65 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Colonial Architecture
  • Cranston High School West Rated 9+
  • 1.23 Acre Lot
  • Wooded Lot

About This Home

As of March 2016

HUGE PRICE REDUCTION! MOTIVATED SELLERS! Beautiful 4 bedroom 2.5 bath colonial in Western Cranston. Abuts 200+ acre state conservation to give a great feeling of privacy accompanied with a gorgeous view all year round.

Last Agent to Sell the Property

Devon Dwyer

Keller Williams Realty License #RES.0040278 Listed on: 12/02/2015

Last Buyer's Agent

The Welcome Home Team

BHHS Pinnacle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,698

Year Built

  • Built in 1993

Lot Details

  • 1.23 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

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

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 561SEVENMILERDCRAN

Community Details

Overview

  • Western Cranston Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,698

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.229
  • Subdivision Name: WESTERN CRANSTON
  • Above Grade Finished Sq Ft: 2106.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 442.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 2548.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Pool Features: In Ground
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53535.0
  • Parcel #: 561SEVENMILERDCRAN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6698.0
  • Tax Lot: 182
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 7, 2016
Sold by
Larocque Charles J and Larocque Lorraine I
Bought by
Ring Shelbe A
Seller's Agent
Devon Dwyer
Keller Williams Realty
Buyer's Agent
The Welcome Home Team
BHHS Pinnacle Realty
List Price
$389,000
Sold Price
$365,000
Premium/Discount to List
-$24,000
-6.17%
Current Estimated Value
$808,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,857
Avg. Annual Appreciation
8.27%
Original Mortgage
$352,818
Outstanding Balance
$278,620
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$496,988

Purchase Details

Closed on
Dec 9, 1998
Sold by
Ricci Michael J and Ricci Donna
Bought by
Larocque Charles J and Bennett Lorraine J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ring Shelbe A $365,000 --
Larocque Charles J $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ring Shelbe A $67,000
Closed Ring Shelbe A $80,000
Closed Ring Shelbe A $28,000
Open Larocque Charles J $352,818
Previous Owner Larocque Charles J $240,000
Previous Owner Larocque Charles J $87,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $365,000 -6.2% $143 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $389,000 -- $153 / 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
2024 $7,888 $579,600 $152,200 $427,400
2023 $7,573 $400,700 $100,300 $300,400
2022 $7,417 $400,700 $100,300 $300,400
2021 $7,213 $400,700 $100,300 $300,400
2020 $7,020 $338,000 $95,500 $242,500
2019 $7,020 $338,000 $95,500 $242,500
2018 $6,858 $338,000 $95,500 $242,500
2017 $7,394 $322,300 $85,900 $236,400
2016 $7,236 $322,300 $85,900 $236,400
2015 $7,236 $322,300 $85,900 $236,400
2014 $6,893 $301,800 $85,900 $215,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Devon Dwyer

    Keller Williams Realty

  • T

    Buyer's Agent in 2016

    The Welcome Home Team

    BHHS Pinnacle Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1113615

State-Wide MLS

APN: CRAN-000030-000002-000182

Rhode Island Providence County Hope 02831 Western Cranston

561 Seven Mile Rd, Hope, RI

This home is located at 561 Seven Mile Rd, Hope, RI 02831 since 02 December 2015 and is currently estimated at $808,857, approximately $317 per square foot. This property was built in 1993. 561 Seven Mile Rd is a home located in Providence County with nearby schools including Orchard Farms El. School, Hope Highlands Middle School, and Cranston High School West.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes