NOT LISTED FOR SALE

7 Old Meadow Ln Cumberland, RI 02864

Arnold Mills Neighborhood

Estimated Value: $617,223 - $686,000

3 Beds
1 Bath
1,702 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $370,000 $217 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,884/month

157 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Cape Cod Architecture
  • Community School Rated A
  • 1.17 Acre Lot
  • Deck

About This Home

As of August 2018

Beautiful and well maintained New England style Cape with updates in desirable Arnold Mills. This charming 3 bedroom home features a brand new roof, new full bath, new interior paint, hardwood floors throughout, open floor plan, large kitchen and first floor bedroom. The large family room has a wood burning stove and large window that overlooks the beautiful picturesque backyard. Set on over an acre of land, the backyard has pond views and is perfect for watching birds, deer and other wildlife. Other features include ductless a/c, 2-car garage and dry basement. Subject to seller finding suitable housing.

Last Agent to Sell the Property

Friedman Group

Compass Listed on: 02/14/2018

Compass

Last Buyer's Agent

Nathan Clark

Your Home Sold Guaranteed, NCT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1955

Lot Details

  • 1.17 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,702 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 7OLDMEADOWLANECUMB

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Arnold Mills Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,808

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Subdivision Name: Arnold Mills
  • Above Grade Finished Sq Ft: 1702.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 1702.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Clapboard, Shingle Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.0
  • Parcel #: 7OLDMEADOWLANECUMB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4808.0
  • Tax Lot: 57
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Somers Lynne
Bought by
Lynne A Somers T
Current Estimated Value
$638,556

Purchase Details

Listed on
Feb 14, 2018
Closed on
Aug 21, 2018
Sold by
Nurmenniemi Erika M
Bought by
Somers Lynne
Seller's Agent
Friedman Group
Compass
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$357,000
Sold Price
$370,000
Premium/Discount to List
$13,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$296,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jul 19, 2016
Sold by
Karen R Sommerfeld
Bought by
Nurmenniemi Erika M
Seller's Agent
Roberta Hergt
BHHS Evolution Properties
Buyer's Agent
Ted Friedman
Compass
List Price
$349,900
Sold Price
$312,000
Premium/Discount to List
-$37,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$296,400
Interest Rate
3.42%

Purchase Details

Closed on
Mar 14, 2016
Sold by
Hoppin Marjorie E
Bought by
Hoppin Marjorie E and Sommerfeld Karen R
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
Lynne A Somers T -- None Available
Somers Lynne $370,000 --
Nurmenniemi Erika M -- --
Hoppin Marjorie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoppin Marjorie E $296,000
Previous Owner Hoppin Marjorie E $296,400
Previous Owner Hoppin Marjorie E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $370,000 +3.6% $217 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $357,000 +14.4% $210 / Sq Ft
07/22/2016 07/22/16 Sold $312,000 -10.8% $183 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $349,900 -- $206 / 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 $5,990 $488,200 $220,600 $267,600
2024 $5,834 $488,200 $220,600 $267,600
2023 $5,673 $488,200 $220,600 $267,600
2022 $5,239 $349,500 $158,900 $190,600
2021 $10,517 $349,500 $158,900 $190,600
2020 $5,005 $349,500 $158,900 $190,600
2019 $5,020 $316,100 $146,100 $170,000
2018 $1,256 $316,100 $146,100 $170,000
2017 $4,808 $316,100 $146,100 $170,000
2016 $4,502 $263,600 $138,200 $125,400
2015 $4,502 $263,600 $138,200 $125,400
2014 $8,633 $263,600 $138,200 $125,400
2013 $4,631 $293,500 $140,700 $152,800
Source: Public Records

Agents Affiliated with this Home

  • Friedman Group

    Seller's Agent in 2018

    Friedman Group

    Compass

    (401) 864-0269

    114 Total Sales

    Friedman Group
    Section Image
  • Nathan Clark

    Buyer's Agent in 2018

    Nathan Clark

    Your Home Sold Guaranteed, NCT

    (401) 232-8301

    4 in this area

    2,109 Total Sales

    Nathan Clark
    Section Image
  • Roberta Hergt

    Seller's Agent in 2016

    Roberta Hergt

    BHHS Evolution Properties

    (508) 889-8229

    63 Total Sales

    Roberta Hergt
    Section Image
  • Ted Friedman

    Buyer's Agent in 2016

    Ted Friedman

    Compass

    (401) 864-0269

    13 Total Sales

    Ted Friedman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1182818

State-Wide MLS

APN: CUMB-000025-000057-000000

Rhode Island Providence County Cumberland 02864 Arnold Mills

7 Old Meadow Ln, Cumberland, RI

This home is located at 7 Old Meadow Ln, Cumberland, RI 02864 since 14 February 2018 and is currently estimated at $638,556, approximately $375 per square foot. This property was built in 1955. 7 Old Meadow Ln is a home located in Providence County with nearby schools including Community School, North Cumberland Middle School, and Cumberland High School.

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