NOT LISTED FOR SALE

8 Cinnamon Ln Saunderstown, RI 02874

Estimated Value: $577,177 - $612,000

2 Beds
1.5 Baths
1,364 Sq Ft
$436/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $475,000 $348 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,751/month

42 Days on Market

Highlights

  • 1 Fireplace
  • Thermal Windows
  • 1 Car Attached Garage
  • Narragansett Elementary School Rated A
  • Cul-De-Sac
  • Ductless Heating Or Cooling System

About This Home

As of November 2023

Located in the north end of town on a quiet cul-de-sac with lots of privacy and outdoor area, living is peaceful and easy in this sweet Riverdell townhouse. The space is inviting and comfortable with an airy ambience and includes a wood burning fireplace making the living room just perfect. Sliding doors from the dining area open to an outdoor patio and generous back yard area. The primary bedroom has double closets and a nook ideal for office/flex space. Many recent new updates include mini split AC system, electrical panel, frig, dishwasher, toilets, main bathroom vanity, lighting and windows. A short ten-minute drive south and you'll find yourself on the beautiful Narragansett Town Beach. Nearby amenities include fine dining, coffee shops, boutique shopping, golf, marinas and more. Easy and quick access to Route 1 and minutes to Jamestown and Newport. 20 minutes to RI T.F. Green Int'l. Airport and 30 minutes to Providence.

Last Agent to Sell the Property

Michelle Datoli

Mott & Chace Sotheby's Intl. License #REB.0016198 Listed on: 09/20/2023

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1985

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot 21B
  • Assessor Parcel Number 8CINNAMONLANENARR

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash
  • 44 Units
  • Riverdell Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Shops
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,849

Year Built

Built in 1985

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Riverdell
  • Above Grade Finished Sq Ft: 1364.0
  • Building Name: Riverdell
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1364.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Shopping
  • Senior Community: No
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel #: 8CINNAMONLANENARR
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 44

Tax Info

  • Tax Annual Amount: 2849.0
  • Tax Lot: 21B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 2, 2023
Sold by
Hambley Laurie A
Bought by
Srinivasa Vanita and Srinivasa Sobhana
Seller's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
Buyer's Agent
David Carty
CARTY REALTY
List Price
$475,000
Sold Price
$475,000
Views
138
Current Estimated Value
$594,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,044
Avg. Annual Appreciation
12.09%
Original Mortgage
$375,000
Outstanding Balance
$367,723
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,321

Purchase Details

Closed on
Nov 19, 2004
Sold by
Holland Steven W
Bought by
Hambley Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Doorley Linda A
Bought by
Holland Steven W
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
Srinivasa Vanita $475,000 None Available
Hambley Laurie A $300,000 --
Holland Steven W $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasa Vanita $375,000
Previous Owner Holland Steven W $240,000
Previous Owner Holland Steven W $120,000
Previous Owner Holland Steven W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Pending -- -- --
11/02/2023 11/02/23 Sold $475,000 0.0% $348 / Sq Ft
09/20/2023 09/20/23 For Sale $475,000 -- $348 / 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 $2,826 $416,200 $0 $416,200
2024 $2,726 $416,200 $0 $416,200
2023 $2,849 $306,000 $0 $306,000
2022 $2,754 $306,000 $0 $306,000
2021 $2,711 $306,000 $0 $306,000
2020 $2,909 $277,600 $0 $277,600
2019 $2,840 $277,600 $0 $277,600
2018 $2,762 $277,600 $0 $277,600
2017 $2,812 $266,300 $0 $266,300
2016 $2,684 $266,300 $0 $266,300
2015 $2,647 $266,300 $0 $266,300
2014 $2,291 $228,200 $0 $228,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1344380

State-Wide MLS

APN: NARR-000003-N000000K-000021B