NOT LISTED FOR SALE

181 Scott Rd Cumberland, RI 02864

Lippitt Estates Neighborhood

Estimated Value: $564,000 - $719,000

2 Beds
2 Baths
1,295 Sq Ft
$509/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $650,000 $502 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,097/month

About This Home

As of March 2024

Have you always dreamed of having your own place in the woods or love those weekend getaways surrounded by nature, away from the hustle and bustle, but with none of the hassles of homeownership or high interest rates? If so, here is a rare opportunity to rent a brand new custom cabin (never been lived in before!) Enjoy cozy nights by the fire, or lounging out on the back deck with plenty of land (almost 18 acres!) to do some gardening, raising chickens, or whatever your heart desires at this unique, private abode! Close to local shopping, minutes to Highway (295/146), 20 minutes to Providence, not far to the commuter rail to Boston. Call and book your showing today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Mar 15, 2024
Sold by
Howe Andrea M
Bought by
Palermo Joseph A and Palermo Amanda T
Seller's Agent
Jennifer Lemme
RE/MAX Town & Country
Buyer's Agent
Jennifer Lemme
RE/MAX Town & Country
Sold Price
$3,900
Views
66
Current Estimated Value
$659,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,711
Avg. Annual Appreciation
1.32%
Original Mortgage
$520,000
Outstanding Balance
$513,840
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,771

Purchase Details

Closed on
Jun 13, 2022
Sold by
Howe Richard W and Howe Andrea M
Bought by
Howe Richard W and Howe Andrea M

Purchase Details

Closed on
Sep 1, 2010
Sold by
Howe Richard W and Howe Andrea M
Bought by
Howe Richard W and Howe Andrea M

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Palermo Joseph A $650,000 None Available
Palermo Joseph A $650,000 None Available
Howe Richard W -- None Available
Howe Richard W -- None Available
Howe Richard W -- --
Howe Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palermo Joseph A $520,000
Closed Palermo Joseph A $520,000
Previous Owner Howe Richard W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Rented $3,900 0.0% --
03/15/2024 03/15/24 Sold $650,000 0.0% $502 / Sq Ft
03/15/2024 03/15/24 For Rent $3,900 0.0% --
02/07/2024 02/07/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $689,000 -- $532 / Sq Ft

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 $4,984 $417,100 $203,400 $213,700
2023 $3,172 $273,000 $196,000 $77,000
2022 $4,244 $283,100 $158,600 $124,500
2021 $4,173 $283,100 $158,600 $124,500
2020 $4,054 $283,100 $158,600 $124,500
2019 $3,976 $250,400 $137,800 $112,600
2018 $883 $250,400 $137,800 $112,600
2017 $3,809 $250,400 $137,800 $112,600
2016 $4,246 $248,600 $145,200 $103,400
2015 $4,825 $282,500 $178,800 $103,700
2014 $4,825 $282,500 $178,800 $103,700
2013 $4,800 $304,200 $184,900 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bain Farrell

    Seller's Agent in 2024

    Kathy Bain Farrell

    RE/MAX Town & Country

    (401) 374-1211

    9 in this area

    533 Total Sales

    Kathy Bain Farrell
    Section Image
  • Jennifer Lemme

    Seller's Agent in 2024

    Jennifer Lemme

    RE/MAX Town & Country

    (401) 996-6617

    2 in this area

    87 Total Sales

    Jennifer Lemme
    Section Image
  • George Stansfield

    Seller Co-Listing Agent in 2024

    George Stansfield

    RE/MAX Town & Country

    (401) 334-3456

    3 in this area

    94 Total Sales

    George Stansfield
    Section Image
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Map

Rhode Island Providence County Cumberland 02864 Lippitt Estates

181 Scott Rd, Cumberland, RI

Homes for Sale in Cumberland, RI

This home is located at 181 Scott Rd, Cumberland, RI 02864 and is currently estimated at $659,611, approximately $509 per square foot. 181 Scott Rd is a home located in Providence County with nearby schools including Ashton School, North Cumberland Middle School, and Cumberland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.