$230,000
SOLD FEB 22, 2022

16 Laurel Woods Dr Smithfield, RI 02917

0.99 Acre
$232,323 Price per Acre
43,124 Sq Ft Lot

Recently Sold

3% Below List Price

16 Days on Market

Highlights

  • Cul-De-Sac
  • Raymond Laperche School Rated A
  • Level Lot

About This Lot

As of April 2023

Estimated Payment $1,007 Per Month * 0% Down 30-Year fixed mortgage rate of 3.1% with an APR of 3.3% to those who qualify. * Taxes insurance not included * Rates As of 01/03/22 *Optional 13 month limited home warranty included from HWA Home Warranty limited to components/structure.
__________________________________________________________________________________________________________
Take advantage of this great opportunity to build your dream home on this secluded approx. 1 acre lot in desirable Laurel Woods neighborhood off of Log Rd. Foundation is in, all approvals in hand including 4 bedroom septic. This lot is located at the end of the cul de sac. Choose your own builder! Call now!

Last Agent to Sell the Property

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 01/06/2022

Last Buyer's Agent

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 01/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,046

Lot Details

  • 0.99 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Finished Lot(s)

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number 16LAURELWOODSDRSMTH

Property Details

Property Type

Land

Est. Annual Taxes

$3,046

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.99
  • Road Surface Type: Asphalt
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • Topography: Level
  • Disclosures: Septic Disclosure

Utilities

  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 43124.0
  • Wooded Area: 25.0
  • Parcel #: 16LAURELWOODSDRSMTH
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3046.0
  • Tax Lot: 98
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 30, 2023
Sold by
Palangio John and Palangio Dana
Bought by
Charron Robert G
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$689,500
Sold Price
$655,000
Premium/Discount to List
-$34,500
-5%
Views
209
Current Estimated Value
$784,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,410
Avg. Annual Appreciation
7.42%
Original Mortgage
$380,000
Outstanding Balance
$369,298
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$411,180

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 20, 2022
Sold by
Carr Nathan
Bought by
Palangio John and Palangio Dana
Seller's Agent
Michael Glynn
Beretta Realty Company
Buyer's Agent
Michael Glynn
Beretta Realty Company
List Price
$749,000
Sold Price
$650,000
Premium/Discount to List
-$99,000
-13.22%
Views
162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 17, 2022
Sold by
Augusto Rui and Augusto Ana M
Bought by
Carr Nathan
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$235,900
Sold Price
$230,000
Premium/Discount to List
-$5,900
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
255.00%

Purchase Details

Closed on
Mar 15, 2021
Sold by
Lb Corp
Bought by
Augusto Rui and Augusto Ana M

Purchase Details

Closed on
Aug 16, 2006
Sold by
L5 Inc
Bought by
Marsh Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $667,000 None Available
Warranty Deed $667,000 None Available
Warranty Deed $650,000 None Available
Warranty Deed $650,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $165,000 None Available
Deed $470,000 --
Deed $470,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 Purchase Money Mortgage
Closed $380,000 Purchase Money Mortgage
Previous Owner $660,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $325,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $655,000 -5.0% $314 / Sq Ft
02/24/2023 02/24/23 For Sale $689,500 +6.1% $331 / Sq Ft
12/20/2022 12/20/22 Sold $650,000 -13.2% $312 / Sq Ft
10/19/2022 10/19/22 For Sale $749,000 +225.7% $359 / Sq Ft
02/22/2022 02/22/22 Sold $230,000 -2.5% --
01/23/2022 01/23/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $235,900 -- --
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 $7,826 $631,600 $202,500 $429,100
2024 $8,479 $587,200 $168,500 $418,700
2023 $8,516 $620,700 $160,500 $460,200
2022 $2,737 $204,900 $160,500 $44,400
2021 $3,046 $177,800 $177,800 $0
2020 $2,989 $177,800 $177,800 $0
2019 $2,989 $177,800 $177,800 $0
2018 $2,810 $160,000 $160,000 $0
2017 $2,810 $160,000 $160,000 $0
2016 $2,677 $160,000 $160,000 $0
2015 $2,518 $143,300 $143,300 $0
2012 $2,238 $139,700 $139,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1300643

State-Wide MLS

APN: SMIT-000050-000000-000098