$535,000
SOLD MAR 27, 2024

7 Mill Rd Foster, RI 02825

3 Beds
2 Baths
2,369 Sq Ft
3.35 Acres

Recently Sold

$226 Per Sq Ft

1% Below List Price

67 Days on Market

Highlights

  • 3.35 Acre Lot
  • Deck
  • Raised Ranch Architecture
  • Ponaganset Middle School Rated A-
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of March 2024

Exceptional raised ranch, fully updated with 3-4 bedrooms, 2 full baths, and potential in-law suite or additional living space in the lower level. The main kitchen showcases new stainless steel appliances, new charcoal shaker cabinets, and granite countertops. Open the sliders off the dining area to the oversized deck for relaxation or entertaining. Experience the epitome of elegance in this home with vaulted ceilings gracing the kitchen, dining area, and living room. The architectural allure is complemented by a cozy pellet stove, creating a warm and inviting ambiance throughout. You will find 3 spacious bedrooms and a full bathroom on the main level. The main bathroom showcases a separate shower equipped with a rain shower head. Step down to the lower level where you will find a secondary kitchen for summer or holiday entertainment which features stainless steel appliances with light grey shaker cabinets and a butcher block countertop. There is a also flex room that can be used as an office or bedroom, a full bathroom with laundry, and family room. Revel in gleaming hardwood floors, a new 30-year architectural roof, septic system, double-walled stainless steel oil tank, and upgraded 200amp panel. Wrapped in durable vinyl siding, this home sits on over 3 acres, featuring a small pond and picturesque long driveway. Your perfect blend of modern comfort and spacious tranquility awaits.

Last Agent to Sell the Property

The Quinn Group

RE/MAX Results Listed on: 01/19/2024

RE/MAX Results

Co-Listed By

Gia Parmentier

RE/MAX Results License #RES.0034622

Last Buyer's Agent

Christy Querceto

The Q Group Realty License #REB.0019894

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1960

Lot Details

  • 3.35 Acre Lot
  • Wooded Lot
  • Property is zoned 0030

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Breezeway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • Foster Center Subdivision

Listing and Financial Details

  • Tax Lot 0039
  • Assessor Parcel Number 7MILLRDFOST

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,300

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.35
  • Co List Office Mls Id: RMAX45
  • Co List Office Phone: 401-848-7827
  • Inclusions: Septic installed in January so grass will need to be planted by new owner.
  • Subdivision Name: Foster Center
  • Above Grade Finished Sq Ft: 1269.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1100.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower
  • Living Area: 2369.0
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Living Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Wood Siding, Vinyl Siding
  • Exterior Features: Breezeway, Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 13.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil, Zoned, Pellet Stove
  • 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: 145926.0
  • Parcel #: 7MILLRDFOST
  • Zoning: 0030
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6300.0
  • Tax Lot: 0039
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 27, 2024
Sold by
Kenmark Properties Llc
Bought by
Chicon Aldo A and Abreu Megan E
Seller's Agent
The Quinn Group
RE/MAX Results
Buyer's Agent
Christy Querceto
The Q Group Realty
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%
Views
48
Current Estimated Value
$502,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,146
Avg. Annual Appreciation
-4.43%
Original Mortgage
$478,000
Outstanding Balance
$472,925
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,081

Purchase Details

Listed on
May 3, 2023
Closed on
Jul 27, 2023
Sold by
Yang Chow
Bought by
Kenmark Properties Llc
Seller's Agent
Premier Group
Century 21 Limitless PRG
Buyer's Agent
The Quinn Group
RE/MAX Results
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.80%
Original Mortgage
$426,942
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2001
Sold by
Jackson A L A and Jackson Cynthia A
Bought by
Yang Pao and Yang Chow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $535,000 None Available
Warranty Deed $535,000 None Available
Warranty Deed $310,000 None Available
Warranty Deed $310,000 None Available
Deed $188,000 --
Deed $188,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,000 Purchase Money Mortgage
Closed $478,000 Purchase Money Mortgage
Previous Owner $426,942 Commercial
Previous Owner $211,600 No Value Available
Previous Owner $178,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $535,000 -0.9% $226 / Sq Ft
01/19/2024 01/19/24 For Sale $540,000 +74.2% $228 / Sq Ft
07/27/2023 07/27/23 Sold $310,000 -6.0% $128 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $329,900 +15.8% $136 / Sq Ft
08/08/2012 08/08/12 Sold $285,000 -12.3% $129 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
08/10/2011 08/10/11 For Sale $325,000 -- $147 / 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 $8,805 $422,700 $120,200 $302,500
2023 $6,504 $286,900 $92,400 $194,500
2022 $6,300 $286,900 $92,400 $194,500
2021 $6,122 $286,900 $92,400 $194,500
2020 $5,726 $240,700 $80,400 $160,300
2018 $5,498 $240,700 $80,400 $160,300
2017 $5,141 $221,100 $80,400 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351366

State-Wide MLS

APN: FOST P:20 L:0039