$80,500
SOLD AUG 28, 2020

9 New Rd Chepachet, RI 02814

2 Beds
1 Bath
620 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

46% Above List Price

75 Days on Market

Highlights

  • Water Views
  • Cottage
  • Bathtub with Shower
  • West Glocester Elementary School Rated A-
  • Walking Distance to Water
  • Baseboard Heating

About This Home

As of September 2021

This 2 bedroom cottage would be a great summer time get away. A little work could make this property ideal. Easy show. See showing instruction. Proof of funds must be sent before obtaining access.

Last Agent to Sell the Property

Brian Marvelle

Connect Realty.com License #RES.0026758 Listed on: 05/14/2020

Connect Realty.com

Last Buyer's Agent

Brian Marvelle

Connect Realty.com License #RES.0026758 Listed on: 05/14/2020

Connect Realty.com

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Home Design

  • Cottage
  • Plaster

Interior Spaces

  • 620 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Unfinished Basement
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • No Hot Water
  • Sewer Not Available

Additional Features

  • Walking Distance to Water
  • 10,454 Sq Ft Lot

Community Details

  • Chepatchet Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 9NEWRDGLOC

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Chepatchet
  • Above Grade Finished Sq Ft: 620.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: No Hot Water
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 620.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Other
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 9NEWRDGLOC
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2520.25
  • Tax Lot: 23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Sep 10, 2021
Sold by
Eaton Developments Inc
Bought by
Flagg Michael T
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Jack Silberman
Blue Star Properties
List Price
$389,900
Sold Price
$392,400
Premium/Discount to List
$2,500
0.64%
Current Estimated Value
$488,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,434
Avg. Annual Appreciation
6.16%
Original Mortgage
$313,920
Outstanding Balance
$288,123
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,326

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 26, 2020
Sold by
Wilmington Svgs Fund Soc
Bought by
Eaton Developments Inc
Seller's Agent
Brian Marvelle
Connect Realty.com
Buyer's Agent
Brian Marvelle
Connect Realty.com
List Price
$55,000
Sold Price
$80,500
Premium/Discount to List
$25,500
46.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
358.64%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2020
Sold by
Lafleur Patricia and Finance Of America Revers
Bought by
American Hecm Buyout 2020 and Finance Of America Revers
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $392,400 None Available
Warranty Deed $80,500 None Available
Foreclosure Deed $118,490 None Available
Foreclosure Deed $118,490 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $61,100 Stand Alone Refi Refinance Of Original Loan
Closed $31,000 Stand Alone Refi Refinance Of Original Loan
Open $313,920 Purchase Money Mortgage
Previous Owner $250,000 New Conventional
Previous Owner $165,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $392,400 +0.6% $303 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $389,900 +384.3% $301 / Sq Ft
08/28/2020 08/28/20 Sold $80,500 +46.4% $130 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $55,000 -- $89 / 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
2024 $5,308 $383,000 $107,800 $275,200
2023 $5,458 $383,000 $107,800 $275,200
2022 $1,387 $293,400 $73,800 $219,600
2021 $1,387 $75,200 $73,800 $1,400
2020 $2,491 $136,700 $73,800 $62,900
2018 $2,466 $123,300 $65,600 $57,700
2017 $2,433 $123,300 $65,600 $57,700
2016 $2,310 $102,900 $56,000 $46,900
2015 $2,276 $102,900 $56,000 $46,900
2014 $2,240 $102,900 $56,000 $46,900
2013 $2,451 $115,400 $72,000 $43,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1253783

State-Wide MLS

APN: GLOC-000000-000000-000000SS-000023