NOT LISTED FOR SALE

622 Shermantown Rd Saunderstown, RI 02874

Estimated Value: $2,699,000 - $4,193,000

4 Beds
3.5 Baths
6,900 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $2,650,000 $384 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,804/month

42 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • In Ground Pool
  • Hamilton Elementary School Rated A
  • Horses Allowed On Property
  • Colonial Architecture

About This Home

As of December 2023

Enter through the private gated drive, wind your way through the towering evergreens and oak trees and past the rambling stone walls to be welcomed to this exceptional property. Built in 2011 this picturesque home is nestled right into nature sitting on 15 acres offering unparalleled sophistication, luxury & privacy. Encompassing 6900 sq. ft. of living space, Geothermal heating and cooling, 4+ bedrooms and 3.5 bathrooms. Every room in this house is an experience with spectacular attention to detail. Each room was curated with purpose to encourage family interaction as well as serving as a stunning venue for hosting family or entertaining guests. One of the more distinctive features of this home is the incredible outdoor entertaining space. A sprawling 3000 sq. ft. of Travertine pavers imported from Turkey. Custom Bar with quartzite countertops, sink & refrigeration, built in grill, double sided fireplace, 18x40 heated saltwater pool w/automatic cover, basketball court and more. 3000 square feet of indoor parking for 13+ vehicles making it ideal for the car collector. Too many unique & special features in this home to list. This home is the true definition of elevated living. A true legacy estate. Acres of trails for hiking, horseback riding or dirt bikes. Property is less than 3 hours to N.Y.C & 1 hour to Boston, yet only 10 minutes to some of the states most beautiful beaches, fine dining and shopping. Virtual tour by request. Home can be sold full furnished.

Last Listed By

Bridgette Soby

Mott & Chace Sotheby's Intl. Listed on: 08/30/2023

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,856

Year Built

  • Built in 2011

Lot Details

  • 14.65 Acre Lot
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned VLDR

Parking

  • 13 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 6,900 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 3 Fireplaces
  • Marble Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 622SHERMANTOWNRDNKNG

Community Details

Overview

  • Saunderstown Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,856

Year Built

Built in 2011

Lot Details

0

Parking

13

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 14.65
  • Inclusions: Chandelier in Foyer and Dining Room Excluded from the sale
  • Subdivision Name: Saunderstown
  • Above Grade Finished Sq Ft: 6900.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2011
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Marble
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Attic, Wet Bar, Bathtub, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 6900.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Private, Secluded, Sprinkler System, Wooded
  • Pool Features: In Ground, Salt Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Patio, Barbecue, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 13.0
  • Garage Spaces: 13.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 63.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 638154.0
  • Parcel #: 622SHERMANTOWNRDNKNG
  • Zoning: VLDR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 16856.0
  • Tax Lot: 019
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 8, 2023
Sold by
Pakuris Joseph M and Pakuris Gina
Bought by
Miller Brian M and Porvenzano Mary L
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
John Skeffington
Realty Center
List Price
$2,650,000
Sold Price
$2,650,000
Total Days on Market
42
Views
209
Current Estimated Value
$3,261,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,232
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,800,000
Outstanding Balance
$1,780,213
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,061,343

Purchase Details

Closed on
Dec 30, 2011
Sold by
Pakuris Joseph M
Bought by
Pakuris Joseph M and Pakuris Gina

Purchase Details

Closed on
Apr 20, 2010
Sold by
Kern Donald H
Bought by
Pakuris Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

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
Miller Brian M $2,650,000 None Available
Pakuris Joseph M -- --
Pakuris Joseph M -- --
Pakuris Joseph M $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Brian M $1,800,000
Previous Owner Pakuris Joseph M $1,200,000
Previous Owner Pakuris Joseph M $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $2,650,000 0.0% $384 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $2,650,000 -- $384 / 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 $18,598 $1,296,900 $254,500 $1,042,400
2023 $16,857 $1,175,500 $254,500 $921,000
2022 $16,528 $1,175,500 $254,500 $921,000
2021 $15,083 $861,900 $187,100 $674,800
2020 $14,730 $861,900 $187,100 $674,800
2019 $14,730 $861,900 $187,100 $674,800
2018 $13,924 $734,000 $174,600 $559,400
2017 $13,645 $734,000 $174,600 $559,400
2016 $13,256 $734,000 $174,600 $559,400
2015 $13,066 $677,000 $174,600 $502,400
2014 $12,802 $677,000 $174,600 $502,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1342879

State-Wide MLS

APN: NKIN-000025-000019