NOT LISTED FOR SALE

7 Wood River Dr Hope Valley, RI 02832

Hope Valley-Rockville Neighborhood

Estimated Value: $402,000 - $458,000

2 Beds
1.5 Baths
1,382 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $345,000 $250 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,718/month

4 Days on Market

Highlights

  • Raised Ranch Architecture
  • Attic
  • Workshop
  • Wood Flooring
  • Recreation Facilities
  • Walking Distance to Water

About This Home

As of August 2022

Open House: June 17th 4pm-6pm and June 18th 10am-12pm

Welcome to 7 Wood River Drive. This well maintained 2 Bedroom, 1 1/2 Bath home is move-in ready. The main floor features Open Concept living with Hardwood floors throughout. The spacious living room opens to the sunny dining area and kitchen. Enjoy summer cookouts on the deck located off the dining area. There are also 2 Bedrooms and 1 full bath on the main floor. The lower level consists of a finished Family Room with laundry and 1/2 bath along with a large workshop with a workbench and Utilities and direct access to the back yard.There is a large shed with electricity that allows for additional storage and a smaller shed to store the lawn equipment. This terrific location is across the street from Wood River and just a few minutes to I-95, golf courses, Arcadia Management Area (hiking, fishing, mountain biking) approximately 20 minutes to URI, a short drive to area beaches and minutes to the CT border.

Last Agent to Sell the Property

Laurie Johnstone

BHHS New England Properties License #RES.0044822 Listed on: 06/16/2022

BHHS New England Properties

Last Buyer's Agent

Christine Henson

RI Real Estate Services License #RES.0041879

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1987

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Family Room
  • Workshop
  • Dryer
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 1B / 4
  • Assessor Parcel Number 7WOODRIVERDRRICH

Community Details

Overview

  • Valley Lodge/ Hope Valley Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,691

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Inclusions: The Refrigerator, Dishwasher, Stove and Air Conditioner, Work bench and Out Buildings convey.
  • Subdivision Name: Valley Lodge/ Hope Valley
  • Above Grade Finished Sq Ft: 982.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 400.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1382.0
  • Dining Room Type: Bathroom, Family Room, Workshop
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Highway Access, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 7WOODRIVERDRRICH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4691.0
  • Tax Block: 4
  • Tax Lot: 1B
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 5, 2022
Sold by
Osberger Benjamin M
Bought by
Schultz Jeffrey and Boutros Samantha
Seller's Agent
Laurie Johnstone
BHHS New England Properties
Buyer's Agent
Christine Henson
RI Real Estate Services
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%
Current Estimated Value
$425,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,960
Avg. Annual Appreciation
7.20%
Original Mortgage
$338,751
Outstanding Balance
$326,680
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$99,280

Purchase Details

Listed on
Jan 3, 2019
Closed on
Mar 8, 2019
Sold by
Turcotte Kyle A and Turcotte Brenda L
Bought by
Osberger Benjamin M
Seller's Agent
Barrett Gross
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Corey Dimaline
HomeSmart Professionals
List Price
$224,900
Sold Price
$222,750
Premium/Discount to List
-$2,150
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$227,539
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2013
Sold by
Turcotte Kyle
Bought by
Turcotte Kyle A and Turcotte Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.51%

Purchase Details

Closed on
May 11, 2001
Sold by
Grafton Todd and Grafton Lee A
Bought by
Turcotte Kyle

Purchase Details

Closed on
Nov 2, 1998
Sold by
Joyal Isabelle
Bought by
Olson Leeann and Grafton Todd
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
Schultz Jeffrey $345,000 None Available
Osberger Benjamin M $222,750 --
Osberger Benjamin M $222,750 --
Turcotte Kyle A -- --
Turcotte Kyle $119,000 --
Olson Leeann $105,000 --
Turcotte Kyle A -- --
Turcotte Kyle $119,000 --
Olson Leeann $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Jeffrey $338,751
Previous Owner Olson Leeann $227,791
Previous Owner Osberger Benjamin M $227,539
Previous Owner Olson Leeann $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $345,000 +4.6% $250 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $329,900 +48.1% $239 / Sq Ft
03/11/2019 03/11/19 Sold $222,750 -1.0% $161 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $224,900 0.0% $163 / Sq Ft
09/05/2013 09/05/13 For Rent $1,450 0.0% --
09/05/2013 09/05/13 Rented $1,450 -- --
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 $4,634 $315,900 $99,800 $216,100
2023 $4,663 $315,900 $99,800 $216,100
2022 $4,682 $227,500 $83,600 $143,900
2021 $4,691 $227,500 $83,600 $143,900
2020 $4,636 $227,500 $83,600 $143,900
2019 $4,361 $199,300 $79,800 $119,500
2018 $4,257 $199,300 $79,800 $119,500
2017 $4,145 $199,300 $79,800 $119,500
2016 $3,816 $176,900 $79,800 $97,100
2015 $3,729 $176,900 $79,800 $97,100
2014 $3,704 $176,900 $79,800 $97,100
Source: Public Records

Agents Affiliated with this Home

  • Laurie Johnstone

    Seller's Agent in 2022

    Laurie Johnstone

    BHHS New England Properties

    (860) 287-4047

    1 in this area

    21 Total Sales

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  • Christine Henson

    Buyer's Agent in 2022

    Christine Henson

    RI Real Estate Services

    (401) 413-1511

    1 in this area

    27 Total Sales

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  • Barrett Gross

    Seller's Agent in 2019

    Barrett Gross

    RE/MAX FLAGSHIP, INC.

    2 in this area

    60 Total Sales

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  • Corey Dimaline

    Buyer's Agent in 2019

    Corey Dimaline

    HomeSmart Professionals

    (859) 333-8524

    30 Total Sales

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  • Robin Leclerc

    Seller's Agent in 2013

    Robin Leclerc

    Residential Properties Ltd.

    (401) 556-8894

    22 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1308968

State-Wide MLS

APN: RICH-000003B-000004-000001B

Rhode Island Washington County Hope Valley 02832 Hope Valley-Rockville

7 Wood River Dr, Hope Valley, RI

This home is located at 7 Wood River Dr, Hope Valley, RI 02832 since 16 June 2022 and is currently estimated at $425,960, approximately $308 per square foot. This property was built in 1987. 7 Wood River Dr is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

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