NOT LISTED FOR SALE

55 Ridge Dr Exeter, RI 02822

Exeter Neighborhood

Estimated Value: $731,000 - $826,000

3 Beds
3 Baths
2,745 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $690,000 $251 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,911/month

About This Home

As of December 2023

Gorgeous contemporary, Lindal custom cedar sided home boasts 22ft ceilings in the great room with expansive windows that bring the outside in. Gleaming cherry hardwoods are topped off with a wood burning insert that gives the comfy lodge feel that you won't want to leave. The master bedroom on first floor is oversized and includes a large screened in porch for all season living. Imagine falling asleep with the french doors open to the screened in porch, listening to the wind through the woods and hearing the birds chirp in the morning. This house is truly a nature lovers dream. Set on over 3 acres and set back off the neighborhood road for ultimate privacy. The upstairs has a bonus lofted den, separate office, full bathroom and 2 bedrooms. With over 2700 sq ft of usable living space, a large exterior deck, 2 car garage, lrg unfinished basement for storage or extra finished space in the future, over 3 acres of land and still close and convenient to all amenities/highway access, this house is waiting to be your home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 14, 2023
Sold by
Murzi Anthony T and Murzi Amber L
Bought by
Palmer Gardner H and Palmer Judith C
Seller's Agent
Joellen Wunner
Keller Williams Coastal
Buyer's Agent
Dave Buonaiuto
RE/MAX Professionals
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Views
107
Current Estimated Value
$774,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,005
Avg. Annual Appreciation
8.75%
Original Mortgage
$552,000
Outstanding Balance
$545,468
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,537

Purchase Details

Closed on
Jun 11, 2021
Sold by
Murzi Amber L
Bought by
Murzi Anthony T and Murzi Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 26, 2012
Closed on
Jul 24, 2012
Sold by
Weedon Sarah J and Robinson Deirdre E
Bought by
Murzi Amber L
Seller's Agent
Mary Louise Formisano
Strive Realty
Buyer's Agent
Pam Soule
Coldwell Banker Realty
List Price
$429,000
Sold Price
$339,000
Premium/Discount to List
-$90,000
-20.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$322,050
Interest Rate
3.7%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Palmer Gardner H $690,000 None Available
Murzi Anthony T -- None Available
Murzi Amber L $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Gardner H $552,000
Previous Owner Murzi Anthony T $271,000
Previous Owner Morrison Richard P $322,050
Previous Owner Morrison Richard P $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $690,000 -1.3% $251 / Sq Ft
10/13/2023 10/13/23 For Sale $699,000 +106.2% $255 / Sq Ft
07/24/2012 07/24/12 Sold $339,000 -21.0% $123 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $429,000 -- $156 / 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 $6,900 $600,500 $172,600 $427,900
2023 $6,680 $468,100 $143,600 $324,500
2022 $6,525 $468,100 $143,600 $324,500
2021 $6,422 $468,100 $143,600 $324,500
2020 $6,633 $426,000 $134,400 $291,600
2019 $6,684 $426,000 $134,400 $291,600
2018 $6,556 $426,000 $134,400 $291,600
2017 $6,021 $371,000 $140,700 $230,300
2016 $5,914 $371,000 $140,700 $230,300
2015 $5,702 $371,000 $140,700 $230,300
2014 $5,909 $403,900 $132,700 $271,200
Source: Public Records

Agents Affiliated with this Home

  • Joellen Wunner

    Seller's Agent in 2023

    Joellen Wunner

    Keller Williams Coastal

    (401) 368-1200

    1 in this area

    52 Total Sales

    Joellen Wunner
    Section Image
  • Dave Buonaiuto

    Buyer's Agent in 2023

    Dave Buonaiuto

    RE/MAX Professionals

    (401) 641-6173

    2 in this area

    29 Total Sales

    Dave Buonaiuto
    Section Image

  • M

    Seller's Agent in 2012

    Mary Louise Formisano

    Strive Realty

  • Pam Soule

    Buyer's Agent in 2012

    Pam Soule

    Coldwell Banker Realty

    (401) 741-1154

    2 in this area

    123 Total Sales

    Pam Soule
    Section Image
See All Agents

Map

Rhode Island Washington County Exeter 02822 Exeter

55 Ridge Dr, Exeter, RI

Homes for Sale in Exeter, RI

This home is located at 55 Ridge Dr, Exeter, RI 02822 and is currently estimated at $774,005, approximately $281 per square foot. 55 Ridge Dr is a home located in Washington County with nearby schools including Mildred E. Lineham School, Wawaloam School, and Metcalf 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.