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5 Wedgewood Drive

5 Wedgewood Drive, Cumberland, RI 02864
Property in Cumberland
Sold Sep 30, 2016
$359,000
$352,462 by Ocwen Fin Svc Inc
Mortgage Due Sep 30, 2046
Sold May 23, 2003
$305,000
$180,000 by Ne Moves Mortgage Co
Mortgage
Local assessors in Cumberland, RI have categorized 5 Wedgewood Drive as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 12,589 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Wedgewood Drive has a total of 1,652 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Wedgewood Drive sold most recently in Jan 1, 1970 for a total of $359,000. If you work out the math, that's approximately a cost of $217.31 per sqft. Before that, the property was also sold for $305,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,701 in taxes each year. 5 Wedgewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $490,600. If we break it down further, the land itself was valued at $190,800. Improvements to the property, however, were assessed at a total of $299,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,232
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 1,652
  • Gross Building Area: 3,540
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,652
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLLINS SARAH M
  • Previous Owner : CURTIS 2015 FT
  • Owner Before Previous Owner: HABERSHAW MAUREEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011402

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9194-38
  • Parcel: CUMB M:042 B:0101 L:000
  • Block: 101
  • Municipality: CUMBERLAND
  • Latitude: 41.9889
  • Longitude: -71.4172

    Address

  • Full Address: 5 Wedgewood Dr
  • Address - House Number: 5
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R007
  • 4-Digit Zip Code: 2216
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,701

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 539,814
  • High Value: 630,534
  • Low Value: 449,095

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $398,462
  • First Open Lien Mortgage Lender: OCWEN FIN SVC INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2016
  • First Open Lien Mortgage Loan Amount: $352,462
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 30, 2046
  • Second Open Lien Mortgage Lender: WAVE FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 17, 2021
  • Second Open Lien Mortgage Loan Amount: $46,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,600
  • Assessed Land Value: $190,800
  • Assessed Improvements Value: $299,800

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Transaction ID: 1818818878
  • Current Sale Price: $359,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2003
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCWEN FIN SVC INC
  • First Mortgage Transaction Date: Sep 30, 2016
  • First Mortgage Loan Amount: $352,462
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 30, 2046

    Previous Mortgages

  • Previous Mortgage Lender: NE MOVES MORTGAGE CO
  • Previous Mortgage Transaction Date: May 23, 2003
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Providence



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Frequently Asked Questions

What neighborhood is 5 Wedgewood Drive located in?
The 5 Wedgewood Drive is a located in the neighborhood of Cumberland in Providence, Cumberland.
What is the average sales price for listings in 5 Wedgewood Drive?
The average sales price for units in 5 Wedgewood Drive is $0 currently.

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