NOT LISTED FOR SALE

7 Victory Hwy Chepachet, RI 02814

Estimated Value: $492,000 - $549,466

3 Beds
3 Baths
2,309 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $255,000 $110 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,195/month

93 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Wood Flooring
  • Ponaganset Middle School Rated A-
  • Wooded Lot
  • Bathtub with Shower

About This Home

As of May 2020

Beautiful remodeled single family cape style home, located in the Center of historic Chepachet Village. Offering 5 bedroom, 3 full bathrooms, Large family room, new heating system and all new electrical. There is an outbuilding along with an old barn that can be converted into a great entertainment area. All located on almost an acre of land easy access to highways and center of town. Property currently does have a cesspool, sellers will credit cost for septic in escrow to be done after closing. Call me to schedule your showing.

Last Agent to Sell the Property

Jennifer Mencarini

Real Broker, LLC License #RES.0041388 Listed on: 01/23/2020

Real Broker, LLC

Last Buyer's Agent

Julia Harpin

Coldwell Banker Realty License #RES.0026776

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1780

Lot Details

  • 0.84 Acre Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Combination Foundation
  • Aluminum Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 150 Amp Service
  • Well
  • Tankless Water Heater
  • Cesspool

Additional Features

  • Outbuilding
  • Barn

Community Details

  • Shops

Listing and Financial Details

  • Tax Lot 039
  • Assessor Parcel Number 7VICTORYHWYGLOC

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 1780

Lot Details

0.84 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Above Grade Finished Sq Ft: 2309.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1780
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2309.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Aluminum Siding
  • Foundation Details: Combination
  • Other Structures: Barn(s), Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 36590.0
  • Parcel #: 7VICTORYHWYGLOC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4544.0
  • Tax Lot: 039
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
May 27, 2020
Sold by
New Veuture Llc
Bought by
Barbosa Patrick S and Barbosa Rebecah A
Seller's Agent
Jennifer Mencarini
Real Broker, LLC
Buyer's Agent
Julia Harpin
Coldwell Banker Realty
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Current Estimated Value
$522,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,867
Avg. Annual Appreciation
13.18%
Original Mortgage
$250,381
Outstanding Balance
$219,919
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$302,948

Purchase Details

Closed on
Oct 25, 1999
Sold by
Nest Eggs Inc
Bought by
Richard Michael E and Richard Delaina A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barbosa Patrick S $255,000 None Available
Richard Michael E $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbosa Patrick S $250,381
Previous Owner Richard Michael E $252,000
Previous Owner Richard Michael E $220,000
Previous Owner Richard Michael E $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Sold $255,000 -14.7% $110 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $299,000 +160.0% $129 / Sq Ft
08/21/2019 08/21/19 Sold $115,000 -32.3% $50 / Sq Ft View Prior Sale
07/22/2019 07/22/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $169,900 -- $74 / Sq Ft
Source: State-Wide MLS

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 $5,684 $398,600 $131,700 $266,900
2024 $5,525 $398,600 $131,700 $266,900
2023 $5,680 $398,600 $131,700 $266,900
2022 $5,237 $280,200 $82,000 $198,200
2021 $5,167 $280,200 $82,000 $198,200
2020 $5,105 $280,200 $82,000 $198,200
2018 $4,606 $230,300 $67,200 $163,100
2017 $4,544 $230,300 $67,200 $163,100
2016 $4,310 $192,000 $62,600 $129,400
2015 $4,247 $192,000 $62,600 $129,400
2014 $4,180 $192,000 $62,600 $129,400
2013 $4,344 $204,500 $65,800 $138,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Mencarini

    Real Broker, LLC

    (401) 309-3457

    20 Total Sales

    Jennifer Mencarini
    Section Image
  • Julia Harpin

    Buyer's Agent in 2020

    Julia Harpin

    Coldwell Banker Realty

    (401) 954-7200

    2 in this area

    15 Total Sales

    Julia Harpin
    Section Image
  • Marilyn Bennett

    Seller's Agent in 2019

    Marilyn Bennett

    Salzberg Real Estate Agency

    (401) 651-6978

    4 in this area

    63 Total Sales

    Marilyn Bennett
    Section Image

  • A

    Buyer's Agent in 2019

    Anthony Iadevaia

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1245600

State-Wide MLS

APN: GLOC-000000-000000-000010A-000039

Rhode Island Providence County Chepachet 02814

7 Victory Hwy, Chepachet, RI

Not Listed for Sale

Detached

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