NOT LISTED FOR SALE

62 Terrace Dr Chepachet, RI 02814

Estimated Value: $424,000 - $482,000

3 Beds
2 Baths
1,493 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $259,000 $173 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,731/month

20 Days on Market

Highlights

  • Water Views
  • Wood Burning Stove
  • Attic
  • Ponaganset Middle School Rated A-
  • Wooded Lot
  • Game Room

About This Home

As of March 2020

OK, This is a must see! Beautifully updated 3 bedroom, 2 bath home with waterviews to nearby Spring Grove beach! All upgrades were done using very good quality materials! Gorgeous New kitchen, granite, SS appliances, Jenn-Air convection range /oven, new wood-grain vinyl flooring, high wood ceiling! Nice sized home office with a fantastic water view, woodstove to help with those chilly winter nights! Spacious Master bedroom with full bath, balcony also with a water view! Partially finished basement with playroom and work shop. First floor laundry. Good sized yard, plenty of room to entertain while having the very fitting rugged landscape for the setting! 2 out buildings, one small and one very large shed. Newer roof, replacement windows, updated electrical, NEW 3 bedroom septic, NEW well pump. There is just so much going on here!! Don't miss out! Call for a showing today! New interior photos!!

Last Agent to Sell the Property

Craig Luchon

Keller Williams Leading Edge License #RES.0035494 Listed on: 02/04/2020

Keller Williams Leading Edge

Last Buyer's Agent

Stephen Eccleston

Century 21 Guardian Realty License #RES.0032050

Century 21 Guardian Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1930

Lot Details

  • 0.9 Acre Lot
  • Wooded Lot
  • Property is zoned RS

Home Design

  • Combination Foundation
  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Game Room
  • Workshop
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Spring Grove Subdivision

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 62TERRACEDRGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,870

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.9
  • Subdivision Name: Spring Grove
  • Above Grade Finished Sq Ft: 1293.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 200.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Other, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 1493.0
  • Dining Room Type: Game Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Block, Combination, Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 62TERRACEDRGLOC
  • Zoning: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3870.0
  • Tax Lot: 82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2023
Sold by
Chepachet Fire District
Bought by
Beaver Industries Rigp
Current Estimated Value
$456,024

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 26, 2020
Sold by
Klopfenstein Jon A and Klopfenstein Krystal L
Bought by
Rockwell Basil H and Rockwell Lauren M
Seller's Agent
Craig Luchon
Keller Williams Leading Edge
Buyer's Agent
Stephen Eccleston
Century 21 Guardian Realty
List Price
$259,900
Sold Price
$259,000
Premium/Discount to List
-$900
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$254,308
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 24, 2017
Sold by
Tebo Ronald F
Bought by
Klopfenstein Jon A and Klopfenstein Krystal L
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Monalisa Aguiar
Reliable Realty Group LLC
List Price
$191,900
Sold Price
$191,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$188,423
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2010
Sold by
Luther Richard J
Bought by
Indymac Bk

Purchase Details

Closed on
Jun 26, 2008
Sold by
Plante Cathleen
Bought by
Luther Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Beaver Industries Rigp $1,276 None Available
Rockwell Basil H $259,000 None Available
Klopfenstein Jon A $191,900 --
Indymac Bk $172,800 --
Luther Richard J $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockwell Basil H $254,308
Previous Owner Klopfenstein Jon A $188,423
Previous Owner Luther Richard J $172,800
Previous Owner Luther Richard J $32,400
Previous Owner Luther Richard J $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2020 03/26/20 Sold $259,000 -0.3% $173 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $259,900 +35.4% $174 / Sq Ft
03/24/2017 03/24/17 Sold $191,900 0.0% $129 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $191,900 +102.0% $129 / Sq Ft
02/17/2012 02/17/12 Sold $95,000 -4.9% $50 / Sq Ft View Prior Sale
01/31/2012 01/31/12 For Sale $99,900 -- $53 / 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 $4,438 $311,200 $131,900 $179,300
2024 $4,313 $311,200 $131,900 $179,300
2023 $4,435 $311,200 $131,900 $179,300
2022 $3,987 $216,200 $82,100 $134,100
2021 $3,987 $216,200 $82,100 $134,100
2020 $3,939 $216,200 $82,100 $134,100
2018 $3,790 $189,500 $67,300 $122,200
2017 $3,729 $189,000 $67,300 $121,700
2016 $3,680 $163,900 $63,200 $100,700
2015 $3,625 $163,900 $63,200 $100,700
2014 $3,568 $163,900 $63,200 $100,700
2013 $3,077 $144,860 $66,000 $78,860
Source: Public Records

Agents Affiliated with this Home

  • Craig Luchon

    Seller's Agent in 2020

    Craig Luchon

    Keller Williams Leading Edge

    (774) 766-2070

    55 Total Sales

    Craig Luchon
    Section Image
  • Stephen Eccleston

    Buyer's Agent in 2020

    Stephen Eccleston

    Century 21 Guardian Realty

    (401) 487-2100

    34 Total Sales

    Stephen Eccleston
    Section Image
  • Monalisa Aguiar

    Buyer's Agent in 2017

    Monalisa Aguiar

    Reliable Realty Group LLC

    (401) 413-8581

    84 Total Sales

    Monalisa Aguiar
    Section Image

  • Z

    Seller's Agent in 2012

    Ziggy Stevens

    Custodio Realtors

    (401) 323-3045

    26 Total Sales

    Ziggy Stevens
    Section Image
  • The RR&A Team

    Buyer's Agent in 2012

    The RR&A Team

    Coldwell Banker Realty

    (617) 796-6084

    135 Total Sales

    The RR&A Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1246340

State-Wide MLS

APN: GLOC-000000-000000-000000SG-000082

Rhode Island Providence County Chepachet 02814

62 Terrace Dr, Chepachet, RI

Not Listed for Sale

Detached

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