NOT LISTED FOR SALE

Estimated Value: $754,468

2.14 Acres
$352,062 Price per Acre
93,349 Sq Ft Lot

Last Sold January 02, 2023

Last sale price $600,000 $355 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,726/month

32 Days on Market

Highlights

  • 2.14 Acre Lot
  • Corner Lot
  • Shops
  • Raymond Laperche School Rated A

About This Lot

As of January 2023

Just a few hundred yards from the intersection of Route 295 and Route 7, this turn key building site is well located on the corner of Route 7 and Harris Road in Smithfield, RI. Fully Engineered and approved the lot has water and sewer brought to the site and gas and electricity at the curb. The site is level and clear, ready to start construction. All of the drainage infrastructure has been built and is in place, ready to be connected. Current site plans reflect a building that could be built, or you can bring your own building design to the site. This is an ideal location for a wide range of businesses or for multi family housing, call today for additional information.

Last Listed By

Matthew Antonio

Chart House, REALTORS® License #REB.0019238 Listed on: 10/31/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,804

Year Built

  • 1967

Lot Details

  • 2.14 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned C & R20M, Multi-Family,Residential

Parking

  • Driveway

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Douglas Pike & Route 295 Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 43A
  • Assessor Parcel Number 61HARRISRDSMTH

Property Details

Property Type

Land

Est. Annual Taxes

$5,804

Year Built

1967

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.143
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Douglas Pike & Route 295
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built: 1967

Interior Features

  • Possible Use: Multi-Family, Development, Residential

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level
  • Exterior Features: Paved Driveway

Utilities

  • Sewer: Sanitary
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Shopping
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 93348.0
  • Parcel #: 61HARRISRDSMTH
  • Zoning Description: Multi-Family,Residential
  • Zoning: C & R20M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5804.48
  • Tax Lot: 43A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
61 Harris Hldg Llc
Bought by
Harris Hldg Llc
Total Days on Market
32
Current Estimated Value
$754,468

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 29, 2022
Sold by
Arr Retail Dev Llc
Bought by
61 Harris Holdings Llc
Seller's Agent
Matthew Antonio
Chart House, REALTORS®
Buyer's Agent
Marissa Rego
Lifestyle Realty
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$400,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2012
Sold by
Desalvo Guido and Desalvo Frances
Bought by
A & R 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.57%
Mortgage Type
Commercial

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
Harris Hldg Llc $750,000 None Available
61 Harris Holdings Llc $600,000 None Available
61 Harris Holdings Llc $600,000 None Available
A & R 1 Llc $1,100,000 --
A & R 1 Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 61 Harris Holdings Llc $400,000
Previous Owner A & R 1 Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2023 01/02/23 Sold $600,000 -11.1% $355 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $675,000 -- $399 / 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 $6,273 $310,400 $310,400 $0
2023 $5,960 $310,400 $310,400 $0
2022 $5,804 $310,400 $310,400 $0
2021 $6,289 $336,300 $336,300 $0
2020 $0 $397,200 $313,200 $84,000
2019 $0 $397,200 $313,200 $84,000
2018 $0 $379,200 $313,200 $66,000
2017 $0 $379,200 $313,200 $66,000
2016 $18,294 $379,200 $313,200 $66,000
2015 $18,294 $1,041,200 $958,600 $82,600
2012 $10,080 $629,200 $573,100 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1321369

State-Wide MLS

APN: SMIT-000045-000000-000043A