NOT LISTED FOR SALE

7 Forest Ln East Greenwich, RI 02818

Frenchtown Neighborhood

Estimated Value: $880,000 - $1,268,000

4 Beds
3 Baths
3,860 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $525,000 $136 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,691/month

75 Days on Market

Highlights

  • 2.02 Acre Lot
  • Wood Flooring
  • 2 Fireplaces
  • Frenchtown Elementary School Rated A
  • Tudor Architecture
  • 3 Car Attached Garage

About This Home

As of November 2017

Reduced price, $148 per Sq-Ft. The best value in Rhode Island, completely remodeled with the most up to-date style in fashion, modern New England. 3800 sqft! Tudor/split level on 2 acres offers amazing views of an expansive back yard and a gorgeous open floor plan with vaulted ceilings. Designed by Hopelain homes this house looks right out of a magazine. Two fireplaces and custom grey hardwood floors. The kitchen is designed for entertaining with a large waterfall island, carrara counter tops, opens up to a very large deck, all new appliances and . The unbelievable master suite features a live edge vanity, soaking bathtub, custom shower and large walk in and cedar closets. Expansive lower level perfect for kids to play while entertaining upstairs, features huge den, walk-out access and one the bedrooms that could be converted in to just about anything, Private guest, Office, In-law, Nanny. Great laundry room and three car attached garage enters in on lower level. NOTE a vanity is being installed under sink in master bath

Last Agent to Sell the Property

Peter Hopelain

HomeSmart Professionals License #RES.0041224 Listed on: 08/07/2017

Last Buyer's Agent

Peter Hopelain

HomeSmart Professionals License #RES.0041224 Listed on: 08/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,565

Year Built

  • Built in 1975

Lot Details

  • 2.02 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Tudor Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,860 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 7forestLANEEGRN

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,565

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.02
  • Above Grade Finished Sq Ft: 3860.0
  • Architectural Style: Split-Level, Tudor
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 3860.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87991.0
  • Parcel #: 7forestLANEEGRN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9565.0
  • Tax Lot: 19
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Nov 21, 2017
Sold by
Hopelain Peter and Hopelain Andrea
Bought by
Stevens Gregory and Stevens Roberta
Seller's Agent
Peter Hopelain
HomeSmart Professionals
Buyer's Agent
Peter Hopelain
HomeSmart Professionals
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Current Estimated Value
$1,069,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,666
Avg. Annual Appreciation
9.38%
Original Mortgage
$420,000
Outstanding Balance
$351,940
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$717,726

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 5, 2016
Sold by
Green Jean M
Bought by
Hopelain Andrea and Hopelain Peter
Seller's Agent
The Wright Connection Team
RE/MAX Professionals
Buyer's Agent
Peter Hopelain
HomeSmart Professionals
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.14%
Original Mortgage
$270,000
Interest Rate
3.52%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Stevens Gregory $525,000 --
Hopelain Andrea $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Gregory $420,000
Previous Owner Hopelain Andrea $270,000
Previous Owner Hopelain Andrea $50,000
Previous Owner Hopelain Andrea $24,000
Previous Owner Hopelain Andrea $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2017 11/21/17 Sold $525,000 -8.7% $136 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $575,000 +59.7% $149 / Sq Ft
12/05/2016 12/05/16 Sold $360,000 -10.0% $94 / Sq Ft View Prior Sale
11/05/2016 11/05/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $399,900 -- $104 / 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 $12,781 $820,900 $319,500 $501,400
2024 $12,092 $820,900 $319,500 $501,400
2023 $12,470 $570,700 $255,600 $315,100
2022 $12,224 $570,700 $255,600 $315,100
2021 $11,990 $570,700 $255,600 $315,100
2020 $11,827 $504,800 $254,700 $250,100
2019 $11,716 $504,800 $254,700 $250,100
2018 $11,610 $504,800 $254,700 $250,100
2017 $9,466 $400,100 $197,700 $202,400
2016 $9,638 $400,100 $197,700 $202,400
2015 $9,306 $400,100 $197,700 $202,400
2014 $9,565 $411,200 $197,000 $214,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Hopelain

    HomeSmart Professionals

  • T

    Seller's Agent in 2016

    The Wright Connection Team

    RE/MAX Professionals

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Map

Source: State-Wide MLS

MLS Number: 1170013

State-Wide MLS

APN: EGRE-000019-000019-000131

Rhode Island Kent County East Greenwich 02818 Frenchtown

7 Forest Ln, East Greenwich, RI

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