NOT LISTED FOR SALE

93 Farnum Pike Unit 8 Smithfield, RI 02917

Estimated Value: $346,000 - $504,000

2 Beds
2.5 Baths
1,820 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $209,000 $115 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,561/month

66 Days on Market

Highlights

  • Water Views
  • Spa
  • Wooded Lot
  • Vincent J. Gallagher Middle School Rated A-
  • Deck
  • 5-minute walk to Mendes Park

About This Home

As of July 2017

BRIGHT, OPEN, 2 BEDROOM 2.5 BATHROOM TOWNHOUSE ON GEORGIAVILLE POND FEATURES GLEAMING HARDWOOD FLOORS, BRAND NEW CARPET, FRESH PAINT THROUGHOUT, HOT TUB ROOM INSIDE CONDO. THIS END UNIT ALLOWS FOR EXPANDED PRIVACY, GORGEOUS LAKE VIEWS, OUT BUILDING FOR STORAGE, LOVELY DECK AND PATIO FOR ALL OF YOUR OUTDOOR ENTERTAINING. THIS IS A MUST SEE!

Last Agent to Sell the Property

Laura Gessman

RI Real Estate Services License #RES.0040483 Listed on: 04/20/2017

RI Real Estate Services

Last Buyer's Agent

Elise Vetri

Keller Williams Leading Edge License #RES.0030823

Keller Williams Leading Edge

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,712

Year Built

  • Built in 1986

Lot Details

  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $207 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 93FarnumPIKESMTH

Community Details

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,712

Year Built

Built in 1986

Lot Details

0

HOA Fees

$207 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1220.0
  • Building Name: FARNUM COURT
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 600.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 1820.0
  • Dining Room Type: Bathroom, Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Paved, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Patio, TV Antenna
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 207.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 93FarnumPIKESMTH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2711.96
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jul 27, 2017
Sold by
Corson Michael B
Bought by
Gorman Paul F and Gorman Catherine G
Seller's Agent
Laura Gessman
RI Real Estate Services
Buyer's Agent
Elise Vetri
Keller Williams Leading Edge
List Price
$219,900
Sold Price
$209,000
Premium/Discount to List
-$10,900
-4.96%
Current Estimated Value
$388,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,222
Avg. Annual Appreciation
7.79%
Original Mortgage
$69,000
Outstanding Balance
$36,839
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,383

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bruno Harry A and Bruno Colette B
Bought by
Corson Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gorman Paul F $209,000 --
Corson Michael B $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Paul F $69,000
Previous Owner Corson Michael B $218,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $209,000 -5.0% $115 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $219,900 -- $121 / 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 $3,821 $308,400 $0 $308,400
2024 $3,466 $240,000 $0 $240,000
2023 $3,293 $240,000 $0 $240,000
2022 $3,206 $240,000 $0 $240,000
2021 $3,390 $197,900 $0 $197,900
2020 $3,327 $197,900 $0 $197,900
2019 $3,327 $197,900 $0 $197,900
2018 $2,846 $162,100 $0 $162,100
2017 $2,846 $162,100 $0 $162,100
2016 $2,712 $162,100 $0 $162,100
2015 $2,418 $137,600 $0 $137,600
2012 $2,832 $176,800 $0 $176,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1157169

State-Wide MLS

APN: SMIT-000023-000000-000001B-B000008