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40 Spring Valley Dr, East Greenwich, RI, 02818

$815,000

Home List Price

$9,678*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,534 SqFt
$231/SqFt
House
Schools Nearby

Location

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40 Spring Valley Dr, East Greenwich$815,000

Buyer Closing Credits

$9,678*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1970
HeatingBaseboard, Natural Gas, Hot Water, Radiant, Zoned
CoolingWhole House Fan, Central Air
BasementYes
FireplaceMasonry
MLS #1356404
Lot Size0.85 Acres
StatusActive

About 40 Spring Valley Dr

This meticulously maintained executive ranch-style residence offers a seamless blend of sophistication & comfort, boasting 3 beds, 2.5 baths, & a sprawling 2146 sq ft of above-grade living space & 1388 finished below grade. Step inside to discover hardwood floors that flow effortlessly throughout, guiding you from room to room with elegance. The heart of the home is the gourmet eat-in kitchen, featuring granite countertops, stainless appliances, & sliders that lead to a charming backyard patio perfect for alfresco dining or entertaining guests. The master suite & guest baths have been tastefully renovated, showcasing glass-enclosed tile showers & high-end fixtures, ensuring a luxurious experience at every turn. Natural light floods the interior, courtesy of an abundance of windows that frame picturesque views of the lush surroundings. Embrace the convenience of a town-approved commercial work/live space, complete with a separate entrance, half bath, radiant heat, skylights, cathedral ceilings, & laundry. This versatile space offers endless possibilities, whether utilized as a home office, in-law suite, or expansive master retreat. Additional highlights include a wood-burning fireplace in the living room, a newer heating system, updated electric, irrigation, & landscape lighting that accentuates the home's impeccable curb appeal. With a large lot, an oversized 2-car garage, circular drive, & ample storage throughout, this property epitomizes luxurious living at its finest.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1970
  • Stories: 1
  • Living Area: 3,534 SqFt

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (401) 638-0010

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Attic, Skylights, Tub Shower, Central Vacuum
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Paved Driveway

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 40 Spring Valley Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Wooded
  • Lot Size: 0.85 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Radiant, Zoned
  • Cooling: Whole House Fan, 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
  • George Hanaford School, Public District Grades 3-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $815,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $9,320
  • Tax Year: 2021
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Housing Market Comparison

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

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East Greenwich, RI

City

Med. Sold Price

$631.4K

Med. Price/SqFt

$276

Avg. Days On Market

30

# of Sold Homes

18

40 Spring Valley Dr vs East Greenwich

32 DAYS ON ROCKET

+2 Days

$815,000

+$183.5K More

$231/SqFt

-$46 Less

KEY TAKEAWAY

This property is $183.5K more than the Median Sold Price and $46/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: #1356404

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (401) 638-0010

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: 5/15/2024, 4:20:32 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

May 01, 2003Home Sold
$392,000
Dec 07, 1989Home Sold
$205,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,320$443,600
2020$8,479$361,900
2019$8,346$359,600
2018$8,271$359,600
2017$8,134$343,800

History based on county public records data.

Payment Calculator

$4,135

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,510

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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-1101741
8
/10

  • George Hanaford School

  • 200 Middle Rd

  • 1.06 miles

  • Public District Grades 3-5

Middle School

school-card-donut-1101742
9
/10

  • Archie R. Cole Middle School

  • 100 Cedar Ave

  • 1.39 miles

  • Public District Grades 6-8

High School

school-card-donut-1101743
10
/10

  • East Greenwich High School

  • 300 Avenger Dr

  • 0.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,609. Most East Greenwich, RI residents have annual incomes between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Spring Valley Dr

What is the listing price of this property?

The listing price of 40 Spring Valley Dr property is $815,000.

What type of property is this?

The property 40 Spring Valley Dr is a house located in East Greenwich, Rhode Island, 02818.

Is this property for sale now?

Active Listing: 40 Spring Valley Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Spring Valley Dr are:
George Hanaford School: GreatSchools Rating 8/10
Archie R. Cole Middle School: GreatSchools Rating 9/10
East Greenwich High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,320 (source: MLS/based on county public records data).

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

The last sale was on May 1, 2003 for $392,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Spring Valley Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40 Spring Valley Dr is 3,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Spring Valley Dr is 1970.

Rocket Homes›Rhode Island›Kent County›East Greenwich›02818›40 Spring Valley Dr

This home is located at 40 Spring Valley Dr in East Greenwich, RI and zip code 02818. This 3,534 square foot home, which was built in 1970, sits on a 0.85 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $815,000.

Over 10 listings were sold over their listed price in April 2024 in East Greenwich, RI. In the same period over 8 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in East Greenwich, RI between March 2024 and April 2024 increased by 36.5%. In April 2024 median list price was $631,475 and the average listing age was 30 days.

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

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