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55 Silo Drive

55 Silo Drive, Cumberland, RI 02864
Property in Cumberland
Sold Feb 08, 1999
$175,000
55 Silo Drive has been categorized by the local assessors in Cumberland, RI as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 55 Silo Drive has 1,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,542 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. 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, 55 Silo Drive sold most recently in Jan 1, 1970 for a total of $175,000. If you work out the math, that's approximately a cost of $112.18 per sqft. 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 $5,122 in taxes each year. 55 Silo Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $440,800. If we break it down further, the land itself was valued at $131,700. Improvements to the property, however, were assessed at a total of $309,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Total Building Area: 1,560
  • Gross Building Area: 2,950
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRIFFIN EDWIN H
  • Current Owner 2: GRIFFIN DEBORAH
  • Previous Owner : PULTE HOME CORP NE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cumberland School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011404

Zoning

  • Zoning: R-3

Geography

  • Account Number: 109-53
  • Parcel: CUMB M:021 B:0849 L:000
  • Block: 849
  • Municipality: CUMBERLAND
  • Latitude: 41.9497
  • Longitude: -71.3937

    Address

  • Full Address: 55 Silo Dr
  • Address - House Number: 55
  • Address - Street Name: Silo
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R006
  • 4-Digit Zip Code: 3265
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,122

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 485,541
  • High Value: 567,139
  • Low Value: 403,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,800
  • Assessed Land Value: $131,700
  • Assessed Improvements Value: $309,100

    Sales

  • Current Sale Recording Date: Feb 08, 1999
  • Current Sale Transaction ID: 1201007285
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PAWTUCKET CU
  • First Mortgage Transaction Date: Feb 08, 1999
  • First Mortgage Loan Amount: $157,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Providence



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Frequently Asked Questions

What neighborhood is 55 Silo Drive located in?
The 55 Silo Drive is a located in the neighborhood of Cumberland in Providence, Cumberland.
What is the average sales price for listings in 55 Silo Drive?
The average sales price for units in 55 Silo Drive is $0 currently.

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