See Home Value
Providence
8 Preakness Drive
$1,143,558*
House - Off Market

8 Preakness Drive

Lincoln, RI 02865
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4985 Sqft
$1,035,000 - $1,265,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Sep 29, 2023
$1,200,000
$960,000 by Navigant Credit Union
Mortgage
Sold Dec 26, 2019
$700,000
$485,000 by Wells Fargo Bank Na
Mortgage

About This Property

Nestled on a sprawling 2.45 acres of lush, landscaped grounds with matured trees, this custom-built home is a testament to fine craftsmanship and refined taste. From the grand foyer adorned with marble floors and soaring ceilings to the private outdoors featuring a large patio overlooking the grounds making it the perfect place to entertain or relax. Inside the first floor, you will find a primary suite, a spacious bathroom w/radiant heat floors, and two walk-in closets, a formal living room, and a formal dining room with built-ins along with a gas fireplace. The family room boasts 20' ceilings with oversized windows allowing for plenty of natural light to fill the room. The kitchen is centrally located between the formal dining room and family room. The left wing of the second floor offers a possible 2nd floor primary or a guest suite and 2 additional bedrooms with a shared bathroom. The right wing of the second floor offers an additional oversized bedroom with a half bath. The lower level with a full walkout to backyard is partly finished, making it an ideal place for a gym or a recreation room. Additional features include, whole house generator, heated 3 car garage, and sprinklers. Located in the prestigious Bridlewood Estates neighborhood, this home offers both privacy and convenience. Easy commute to Providence and Boston. A must see!

The manager has listed the unit size as 4985 square feet.
Unit Size
4,985Ft²
Days on Market
-
Land Size
2.45 acres
Price per sqft
$231
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold to Alexander J Raheb, Francesc... $1,200,000
Sold to Alexander J Raheb, Francesc...
Aug 8, 2023 No longer available -
No longer available
Jul 18, 2023 In contract -
In contract
Jun 26, 2023 Listed $1,150,000
Listed
Dec 26, 2019 Sold to Amita Saha, Deba Saha $700,000
Sold to Amita Saha, Deba Saha

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,699
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 106,722
  • Total Building Area: 4,985
  • Gross Building Area: 10,697
  • Building Area: 4,985
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,985
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.45
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAHEB ALEXANDER J
  • Current Owner 2: RAHEB FRANCESCA M
  • Previous Owner : SAHA AMITA
  • Previous Owner 2: SAHA DEBA
  • Owner Before Previous Owner: LAMORIELLO LOUIS A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN PS
  • Census Tract: 011600

Zoning

  • Zoning: RA40

Geography

  • Account Number: 19-01703-04
  • Parcel: LINC M:26 L:181.0 U:
  • Lot: 181.0
  • Municipality: LINCOLN
  • Latitude: 41.9125
  • Longitude: -71.4566

    Address

  • Full Address: 8 Preakness Dr
  • Address - House Number: 8
  • Address - Street Name: Preakness
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Lincoln
  • Carrier Code: C009
  • 4-Digit Zip Code: 4548
  • Zip Code: 02865

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,175

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 1,120,368
  • High Value: 1,304,644
  • Low Value: 936,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: NAVIGANT CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 29, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $980,900
  • Assessed Land Value: $306,500
  • Assessed Improvements Value: $674,400

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Transaction ID: 11914041254
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20230000002563
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 26, 2019
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVIGANT CREDIT UNION
  • First Mortgage Transaction Date: Sep 29, 2023
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 26, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $485,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Providence


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Frequently Asked Questions

When was property at 8 Preakness Drive built and last sold?
The property at 8 Preakness Drive was built in 1994 and last sold on Sep 29, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 8 Preakness Drive is $1,161,500.
What are some comparable homes to 8 Preakness Drive?
There are currently no comparable homes to 8 Preakness Drive.

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