NOT LISTED FOR SALE

8 Rustic Way Hope, RI 02831

Estimated Value: $268,000 - $345,000

1 Bed
1 Bath
936 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $187,000 $200 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,876/month

20 Days on Market

Highlights

  • Wood Burning Stove
  • 2 Car Detached Garage
  • Porch
  • Attic
  • Thermal Windows
  • Screened Patio

About This Home

As of September 2020

THIS IS AN ORIGINAL OWNER RANCH SITUATED ON A 10,000 SQ FOOT LOT IN DESIRABLE HOPE/SCITUATE, HOME HAS AN OVER SIZED KITCHEN, SINGLE BEDROOM OFF THE KITCHEN WITH DOUBLE CLOSETS, CERAMIC TILE BATHROOM WITH SHOWER/TUB, MANY YEARS AGO THE OWNER PUT AN ADDITION OFF THE BACK WHICH HAS BEEN USED AS A HEATED PORCH. THIS HEATED PORCH AREA ATTACHES TO A DEN/LIVING ROOM WHICH HAS WALL TO WALL BUILT-IN CLOSETS AND A WOOD BURNING STOVE. IN THE BACKYARD THERE IS A REALLY NICE SIZE DETACHED FLORIDA ROOM WITH A CEMENT PATIO TO THE SIDE OF IT, 2 CAR GARAGE WITH PLENTY OF OVERHEAD STORAGE, COMES EQUIPPED WITH A WORK BENCH AND A PORTABLE GENERATOR WILL CONVEY WITH THE PROPERTY. THERE ARE 2 MINI SPLIT AC UNITS IN THE HOUSE. CHIMNEY REPLACED 3 YEARS AGO, HOT WATER HEATER REPLACED 3 YEARS AGO, ALL NEW REPLACEMENT WINDOWS, STACK ABLE WASHER AND DRYER,10-15 YEAR OLD ROOF, ROOF ON THE 2 CAR GARAGE IS APPROXIMATELY 2 YEARS OLD, CRAWL SPACE UNDER MAIN PART OF HOUSE AND THE BREEZEWAY IS ON A SLAB, 2 ZONES OF HEAT. THIS PROPERTY IS BEING SOLD AS IS AS SEEN.

Last Agent to Sell the Property

Debbie Chennisi Team

RI Real Estate Services Listed on: 07/21/2020

Last Buyer's Agent

Debbie Chennisi Team

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1955

Lot Details

  • 10,001 Sq Ft Lot
  • Fenced
  • Property is zoned RSW80

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Crawl Space
  • Storm Doors
  • Washer
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Well
  • Oil Water Heater
  • Cesspool
  • Cable TV Available

Community Details

  • Hope Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 8RUSTICWYSCIT

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,041

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2296
  • Subdivision Name: HOPE
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 936.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers, Fuses, Generator
  • 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: 10001.0
  • Parcel #: 8RUSTICWYSCIT
  • Zoning: RSW80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3041.0
  • Tax Lot: 215
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 10, 2020
Sold by
Peterson Celine M and Petersonjunior Richard G
Bought by
Audet Tryo J
Seller's Agent
Debbie Chennisi Team
RI Real Estate Services
Buyer's Agent
Debbie Chennisi Team
Keller Williams Realty
List Price
$180,000
Sold Price
$187,000
Premium/Discount to List
$7,000
3.89%
Current Estimated Value
$303,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,820
Avg. Annual Appreciation
9.94%
Original Mortgage
$183,612
Outstanding Balance
$162,641
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$141,179

Purchase Details

Closed on
Dec 22, 2015
Sold by
Peterson Celine M
Bought by
Peterson Celine M and Peterson Richard G
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
Audet Tryo J $187,000 None Available
Peterson Celine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Audet Tryo J $183,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $187,000 +3.9% $200 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $180,000 -- $192 / 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 $3,244 $187,200 $105,600 $81,600
2024 $3,244 $187,200 $105,600 $81,600
2023 $3,137 $187,200 $105,600 $81,600
2022 $3,066 $187,200 $105,600 $81,600
2021 $3,177 $170,000 $58,100 $111,900
2020 $3,106 $170,000 $58,100 $111,900
2019 $3,041 $170,000 $58,100 $111,900
2018 $2,321 $119,700 $49,600 $70,100
2017 $2,253 $119,700 $49,600 $70,100
2016 $2,159 $119,700 $49,600 $70,100
2015 $2,251 $117,500 $43,400 $74,100
2014 $2,230 $117,500 $43,400 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1259496

State-Wide MLS

APN: SCIT-000010-000215-000000