NOT LISTED FOR SALE

85 Putnam Pike Chepachet, RI 02814

Estimated Value: $458,641 - $687,000

4 Beds
2 Baths
2,769 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $500,000 $181 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,658/month

28 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Attic
  • Ponaganset Middle School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2023

MULTIPLE OFFERS: HIGHEST and BEST DUE 5/28 @ 4PM. Welcome to 85 Putnam Pike Glocester RI, privately nestled on a corner lot directly off Phillips Lane and Putnam Pike. This is the TWO family you have been waiting for! Not only does the entire property have great flow but it truly feels like a single family inside and out. The large Anderson windows allow for tons of natural light throughout the day. This well maintained colonial awaits its new owner and will impress all who view. Plus, this property is seated directly across from Gloucester Country Club! The exterior is completely fenced in for all the animals to roam. Featuring 2 beds, 1 bath each unit, private parking this property shows pride of ownership everywhere with many updates over the past years. Come visit today!

Last Agent to Sell the Property

Mark Tetreault, II

Re/Max Bell Park License #RES.0046080 Listed on: 05/22/2023

Re/Max Bell Park

Last Buyer's Agent

David Schneider

HERE Realty License #RES.0045023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1899

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 2,769 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs
  • Storm Doors
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 028
  • Assessor Parcel Number 85PUTNAMPIKEGLOC

Community Details

Overview

  • 2 Units
  • Phillips Lane Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Inclusions: 24 hr notice needed please. Showings to start Thursday..5/25. Thanks! Seller would like a lease back to Labor Day at the latest(negotiable). Their new house is almost complete
  • Subdivision Name: Phillips Lane
  • Above Grade Finished Sq Ft: 2769.0
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Windows
  • Year Built: 1899
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Tub Shower
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Block, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.77
  • Parcel #: 85PUTNAMPIKEGLOC
  • Zoning: 0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5498.6
  • Tax Lot: 028
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 26, 2023
Sold by
Wilson James H
Bought by
Cooley Colby
Seller's Agent
Mark Tetreault, II
Re/Max Bell Park
Buyer's Agent
David Schneider
HERE Realty
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Views
129
Current Estimated Value
$608,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,660
Avg. Annual Appreciation
7.92%
Original Mortgage
$490,943
Outstanding Balance
$478,243
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$130,417
Source: Public Records
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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
Cooley Colby $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Colby $490,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $500,000 +11.1% $181 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $450,000 -- $163 / 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 $6,086 $426,800 $103,200 $323,600
2024 $5,915 $426,800 $103,200 $323,600
2023 $6,082 $426,800 $103,200 $323,600
2022 $5,425 $294,200 $67,000 $227,200
2021 $5,425 $294,200 $67,000 $227,200
2020 $5,360 $294,200 $67,000 $227,200
2018 $4,934 $246,700 $49,600 $197,100
2017 $4,867 $246,700 $49,600 $197,100
2016 $4,952 $220,600 $45,000 $175,600
2015 $4,880 $220,600 $45,000 $175,600
2014 $4,785 $219,800 $45,000 $174,800
2013 $4,745 $223,400 $51,200 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Tetreault, II

    Seller's Agent in 2023

    Mark Tetreault, II

    Re/Max Bell Park

    (860) 377-2595

    1 in this area

    97 Total Sales

    Mark Tetreault, II
    Section Image

  • D

    Buyer's Agent in 2023

    David Schneider

    HERE Realty

    (401) 440-8659

    2 in this area

    84 Total Sales

    David Schneider
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1335942

State-Wide MLS

APN: GLOC-000019-000000-000028

Rhode Island Providence County Chepachet 02814

85 Putnam Pike, Chepachet, RI

Not Listed for Sale

MultiFamily

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