8 Mechanic St Hope Valley, RI 02832
Hope Valley-Rockville NeighborhoodEstimated Value: $338,000 - $375,000
2
Beds
1
Bath
1,650
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Cape Cod Architecture
- Recreation Facilities
- Barn
- Attic
- 4-minute walk to Biba Park
About This Home
As of July 2023This charming 1844 cape is nestled in the heart of Hope Valley! This completely renovated home sits on a hill and offers plenty of natural light in every corner. The beautiful interior features two beds and one full bath, kitchen, living room and laundry area all situated on the first floor. 825 square feet of unfinished attic expansion space allows this home to offer more space potential if needed. The unfinished basement is accessible from the interior and exterior of the home and offers great interior storage or work space. Flat lot provides various opportunities for outdoor enjoyment. Homeowners can enjoy their mornings and evenings peacefully on the covered porch. The barn/shed situated adjacent to the house can be used for additional storage or as a workshop. This property is conveniently located near I-95, regional public schools, several golf courses including Fenner Hill, Richmond, Pinecrest, Wood River, Beaver River and Meadowbrook, walking and hiking trails, fishing spots, swimming holes and public playgrounds. Less than a 30 minute drive to the Groton Sub Base, EB, Mystic, Westerly, and numerous beaches, and 45 minutes to Providence and Newport gives you all the convenience for work and play.
Driveway access is off Route 3.
Last Listed By
Residential Properties Ltd. License #RES.0047504 Listed on: 05/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,193
Year Built
- Built in 1844
Lot Details
- 0.31
Home Design
- Cape Cod Architecture
- Combination Foundation
- Wood Siding
- Aluminum Siding
Interior Spaces
- 1-Story Property
- Workshop
- Storage Room
- Utility Room
- Vinyl Flooring
- Attic
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
- Private Water Source
- Electric Water Heater
- Septic Tank
- Sewer Not Available
Additional Features
- Walking Distance to Water
- 0.31 Acre Lot
- Barn
Community Details
- Golf Course Community
- Recreation Facilities
Listing and Financial Details
- Tax Lot 209
- Assessor Parcel Number 8MECHANICSTHOPK
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jul 18, 2023
Sold by
Vaughn Jeffrey and Mcguire Abby
Bought by
Stanley Janaina
Seller's Agent
Emily Thompson
Residential Properties Ltd.
Buyer's Agent
Michael Murphy
Churchill & Banks Co., LLC
List Price
$292,000
Sold Price
$305,000
Premium/Discount to List
$13,000
4.45%
Total Days on Market
37
Views
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,309
Avg. Annual Appreciation
7.88%
Original Mortgage
$299,475
Outstanding Balance
$295,203
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$54,661
Purchase Details
Closed on
Nov 14, 2022
Sold by
Vaughn Jeffrey and Mcguire Abby
Bought by
Flaherty Wayne A
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Similar Home in Hope Valley, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stanley Janaina | $305,000 | None Available | |
| Flaherty Wayne A | $80,000 | None Available | |
| Vaughn Jeffrey | $130,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stanley Janaina | $299,475 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $305,000 | +4.5% | $185 / Sq Ft |
| 06/09/2023 06/09/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $292,000 | -- | $177 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,860 | $256,300 | $121,400 | $134,900 |
| 2023 | $3,757 | $256,300 | $121,400 | $134,900 |
| 2022 | $3,193 | $172,300 | $72,900 | $99,400 |
| 2021 | $3,193 | $172,300 | $72,900 | $99,400 |
| 2020 | $3,150 | $172,300 | $72,900 | $99,400 |
| 2019 | $2,903 | $140,400 | $60,100 | $80,300 |
| 2018 | $2,818 | $140,400 | $60,100 | $80,300 |
| 2017 | $2,818 | $140,400 | $60,100 | $80,300 |
| 2016 | $2,458 | $119,100 | $53,800 | $65,300 |
| 2015 | $2,427 | $119,100 | $53,800 | $65,300 |
| 2014 | $2,458 | $119,100 | $53,800 | $65,300 |
| 2013 | $2,677 | $135,400 | $51,800 | $83,600 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Thompson
Seller's Agent in 2023
Emily Thompson
Residential Properties Ltd.
(401) 529-6103
1 in this area
5 Total Sales
-
Michael Murphy
Buyer's Agent in 2023
Michael Murphy
Churchill & Banks Co., LLC
(401) 714-6282
2 in this area
66 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1334721
APN: HOPK-000027-000000-000209
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