$2,750,000

230 George Washington Hwy Smithfield, RI 02917

Estimated payment $14,981/month

Total Views 23,327
2.53 Acres
$1,086,957 Price per Acre
110,207 Sq Ft Lot

Highlights

  • 2.53 Acre Lot
  • Wetlands on Lot
  • Public Transportation
  • Raymond Laperche School Rated A
  • Wooded Lot
  • Restaurant

About This Lot

Attention investors/developers: Buy this single-family home now and develop the property later. Be part of Rhode Island's next hottest area for development!! Pad-ready with Master plan approval for 21 residential units and 9000 ft. retail. Prime location, high traffic visibility, next to corner lot of 250 George Washington Highway and Douglas Pike - close to 146 and 295. Zoned Planned Corporate and being part of the Overlay District there are many uses possible. Currently on site exists a single-family home. Opportunity for a combined purchase w/abutting property 250 George Washington Highway, totaling 6+ acres. Call for details.

Listing Agent

Gary Balletto

Balletto Realty License #REB.0017234 Listed on: 07/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,628

Lot Details

  • 2.53 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned PC, Multi-Family

Home Design

  • Frame Construction

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 230GEORGEWASHINGTONHWYSMTH

Community Details

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,628

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.53
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Lot Features: Wooded, Wetlands
  • Topography: Rough
  • Construction Type: Frame, Steel

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Street Lights

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 110207.0
  • Wooded Area: 50.0
  • Parcel #: 230GEORGEWASHINGTONHWYSMTH
  • Zoning Description: Multi-Family
  • Zoning: PC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4628.0
  • Tax Lot: 67
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,911 $340,100 $182,800 $157,300
2023 $4,628 $337,300 $180,000 $157,300
2022 $4,506 $337,300 $180,000 $157,300
2021 $4,942 $288,500 $194,900 $93,600
2020 $4,850 $288,500 $194,900 $93,600
2019 $4,850 $288,500 $194,900 $93,600
2018 $3,930 $223,800 $126,400 $97,400
2017 $3,803 $216,600 $119,200 $97,400
2016 $3,624 $216,600 $119,200 $97,400
2015 $3,532 $201,000 $113,300 $87,700
2012 $2,828 $176,500 $95,100 $81,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2024 07/20/24 For Sale $2,750,000 0.0% --
07/20/2024 07/20/24 For Sale $2,750,000 +450.0% $2,157 / Sq Ft
12/29/2022 12/29/22 Sold $500,000 -25.9% $238 / Sq Ft
12/01/2021 12/01/21 For Sale $675,000 0.0% $321 / Sq Ft
12/13/2020 12/13/20 For Rent $2,000 0.0% --
12/13/2020 12/13/20 Rented $2,000 -- --
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $72,324 None Available
Warranty Deed $500,000 None Available
Warranty Deed $500,000 None Available
Quit Claim Deed -- --
Warranty Deed $195,000 --
Deed $72,324 None Available
Quit Claim Deed -- --
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $156,000 New Conventional
Previous Owner $192,000 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1364216

State-Wide MLS

APN: SMIT-000046-000000-000067