NOT LISTED FOR SALE

71 Summit Dr Cranston, RI 02920

Meshanticut Neighborhood

Estimated Value: $758,689 - $889,000

3 Beds
1.5 Baths
3,240 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $335,000 $103 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,935/month

322 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Cranston High School West Rated 9+
  • Game Room
  • Storm Windows

About This Home

As of May 2015

LOCATION - LOCATION! Quality Ranch in gorgeous Glen Woods. Features lovely park-like grounds, newer heating system, two central air systems, underground sprinklers, and 2 car garage. Nice!!

Last Agent to Sell the Property

William Friedman

RE/MAX Preferred License #RES.0012242 Listed on: 06/09/2014

RE/MAX Preferred

Last Buyer's Agent

William Friedman

RE/MAX Preferred License #RES.0012242 Listed on: 06/09/2014

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,423

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • Wooded Lot
  • Property is zoned A8

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Game Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Glen Woods Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 532
  • Assessor Parcel Number 71SUMMITDRCRAN

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,423

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3085
  • Subdivision Name: GLEN WOODS
  • Above Grade Finished Sq Ft: 2324.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 916.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 3240.0
  • Dining Room Type: Game Room
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Brick, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13437.0
  • Parcel #: 71SUMMITDRCRAN
  • Zoning: A8

Tax Info

  • Tax Annual Amount: 7423.0
  • Tax Lot: 532
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2016
Sold by
Petropoulos Christina
Bought by
Petropoulos Nicholas P and Petropoulos Gianna L
Current Estimated Value
$798,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 6, 2015
Sold by
Petropoulos Peter and Petropoulos Georgia N
Bought by
Petropoulos Christina M
Seller's Agent
William Friedman
RE/MAX Preferred
Buyer's Agent
William Friedman
RE/MAX Preferred
List Price
$379,900
Sold Price
$335,000
Premium/Discount to List
-$44,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$85,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2014
Closed on
May 28, 2015
Sold by
Fratantuono Adeline T
Bought by
Petropoulos Peter and Petropoulos Georgia N
Seller's Agent
William Friedman
RE/MAX Preferred
Buyer's Agent
William Friedman
RE/MAX Preferred
List Price
$379,900
Sold Price
$335,000
Premium/Discount to List
-$44,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Petropoulos Nicholas P $290,101 --
Petropoulos Christina M $335,000 --
Petropoulos Peter $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petropoulos Peter $270,000
Closed Petropoulos Peter $215,000
Previous Owner Petropoulos Peter $174,000
Previous Owner Petropoulos Peter $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $335,000 -11.8% $103 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
06/09/2014 06/09/14 For Sale $379,900 -- $117 / 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 $8,937 $643,900 $156,800 $487,100
2024 $8,763 $643,900 $156,800 $487,100
2023 $8,567 $453,300 $112,200 $341,100
2022 $8,391 $453,300 $112,200 $341,100
2021 $8,159 $453,300 $112,200 $341,100
2020 $7,793 $375,200 $116,200 $259,000
2019 $7,793 $375,200 $116,200 $259,000
2018 $7,566 $372,900 $116,200 $256,700
2017 $7,469 $325,600 $108,100 $217,500
2016 $7,310 $325,600 $108,100 $217,500
2015 $7,310 $325,600 $108,100 $217,500
2014 -- $325,000 $116,200 $208,800
Source: Public Records

Agents Affiliated with this Home

  • William Friedman

    Seller's Agent in 2015

    William Friedman

    RE/MAX Preferred

    (401) 353-8500

    1 in this area

    33 Total Sales

    William Friedman
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Map

Source: State-Wide MLS

MLS Number: 1070332

State-Wide MLS

APN: CRAN-000016-000004-000532

Rhode Island Providence County Cranston 02920 Meshanticut

71 Summit Dr, Cranston, RI

Not Listed for Sale

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