8 months on rocket

5 Sparrow Ln, East Greenwich, RI, 02818

$1,725,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 2 Partial
7,207 SqFt
$239/SqFt
House
Schools Nearby

Location

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5 Sparrow Ln, East Greenwich$1,725,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1997
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas, Marble, Stone
ViewWater
MLS #1340912
Lot Size4.31 Acres
StatusActive

About 5 Sparrow Ln

Private custom estate home nestled on a 4-acre cul-de-sac lot in the highly sought-after 'Estates at High Hawk.' This Malm built home blends contemporary flair with a flexible & open floorplan. With 5 beds, 5 full, & 2 half baths, this home offers ample space for comfortable living. Step inside to soaring vaulted ceilings with an abundance of natural light streaming through the floor-to-ceiling windows. The main level boasts a sunroom, a butler's pantry, and a luxurious primary suite with an adjacent office and a private coffee terrace. Outdoor enthusiasts will love the captivating stone accents, multiple entertaining areas, including bluestone and paver patios, fire pit, built-in gas grill, & a heated inground pool with a pool house bar, kitchen, and bath. The meticulously maintained garden areas provide a peaceful oasis, ensuring total privacy. The finished walkout basement offers endless possibilities, including an in-law suite with a full bath and a convenient kitchenette/wet bar, and an additional 1200 sq. ft. of ready-to-use space. The second-floor features 4 bed & 3 baths, with potential for expansion into the unfinished attic area. Notable upgrades include a new roof, a cutting-edge high-tech Tesla solar system that provides 100% of the home's energy needs while generating additional income by selling back to the grid. Other updates include a new 200-amp service, bluestone front walkway, fresh paint, new appliances, updated carpets, and newer lighting fixtures.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Colonial
  • Year Built: 1997
  • Stories: 2
  • Living Area: 7,207 SqFt

Listing Office:

  • Office Name: BHHS Commonwealth Real Estate
  • Office Phone: (401) 886-6100

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Attic, Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Central Vacuum
  • Fireplace: Gas, Marble, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Water
  • Exterior: Barbecue, Sprinkler/Irrigation, Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Sprinklers, Wooded
  • Lot Size: 4.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Greenwich High School, Public District Grades 9-12
  • Archie R. Cole Middle School, Public District Grades 6-8
  • James H. Eldredge School, Public District Grades 3-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,725,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $22,924
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in East Greenwich, RI.

Med. Sold Price

$634.9K

Med. Price/SqFt

$276

Avg. Days On Market

22

# of Sold Homes

10

5 Sparrow Ln vs East Greenwich

267 DAYS ON ROCKET

+245 Days

$1,725,000

+$1.0M More

$239/SqFt

-$37 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $37/SqFt less than other homes in East Greenwich, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1340912

Listing Office:

  • Office Name: BHHS Commonwealth Real Estate
  • Office Phone: (401) 886-6100

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 10, 2018Home Sold
$802,500

Tax History

YEARPROP. TAXASSESSMENT
2021$22,924$1,091,100
2020$21,139$902,200
2019$23,254$1,001,900
2018$23,044$1,001,900
2017$24,741$1,045,700

History based on county public records data.

Payment Calculator

$8,677

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,238

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2026773
8
/10
  • James H. Eldredge School

  • 101 1st Ave

  • 3.79 miles

  • Public District Grades 3-5

Middle School

school-card-donut-2026774
7
/10
  • Archie R. Cole Middle School

  • 100 Cedar Ave

  • 3.33 miles

  • Public District Grades 6-8

High School

school-card-donut-2026775
9
/10
  • East Greenwich High School

  • 300 Avenger Dr

  • 2.11 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,993. The majority of East Greenwich, RI residents have income between $100k-200k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Sparrow Ln

What is the listing price of this property?

The listing price of 5 Sparrow Ln property is $1,725,000.

What type of property is this?

The property 5 Sparrow Ln is a house located in East Greenwich, Rhode Island, 02818.

Is this property for sale now?

Active Listing: 5 Sparrow Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Sparrow Ln are:
James H. Eldredge School: GreatSchools Rating 8/10
Archie R. Cole Middle School: GreatSchools Rating 7/10
East Greenwich High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,924 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 10, 2018 for $802,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Sparrow Ln has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 5 Sparrow Ln is 7,207 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Sparrow Ln is 1997.

Rocket Homes›Rhode Island›Kent County›East Greenwich›02818›5 Sparrow Ln

This home is located at 5 Sparrow Ln in East Greenwich, RI and zip code 02818. This 7,207 square foot home, which was built in 1997, sits on a 4.31 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since August 04, 2023 and is currently priced at $1,725,000.

While more than 5 listings in East Greenwich, RI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 2 were sold below. While the average time on the market in March 2024 was 22 days, the median list price was $634,950.

From Rocket Homes Real Estate and based on county public records data.

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