Last Sold Price
4 beds2,758 sqft$91/sqft
3720 Diamond Hill Rd, Cumberland, RI 02864

Description

Unique investment opportunity in North Cumberland on Diamond Hill Road! This Federal Colonial-era farmhouse was built in 1785 and rests on a 1/2 acre corner lot near Diamond Hill Park and Reservoir. The home has been used for many years by the current owner as a single family, though it is legally a two-family home with separate entrance and parking for the second floor to the rear of the property. The breezeway and garage are not original and were added sometime back in the mid 1900's. There is...Unique investment opportunity in North Cumberland on Diamond Hill Road! This Federal Colonial-era farmhouse was built in 1785 and rests on a 1/2 acre corner lot near Diamond Hill Park and Reservoir. The home has been used for many years by the current owner as a single family, though it is legally a two-family home with separate entrance and parking for the second floor to the rear of the property. The breezeway and garage are not original and were added sometime back in the mid 1900's. There is a great deal of living space to work with and features some charming period details such as the first floor's twin brick beehive fireplaces, along with 3 additional fireplaces. The home is very old and will require significant work, restoration and updating throughout. There is tremendous potential here and it could be used in a number of different, imaginative ways. Restored and used as a single family and/or multifamily residence, or possibly rebuild new. The property is on a cesspool, which is pumped annually, but will need to be addressed by the buyer. It is being sold "as-is, as-seen" and due to it's age and condition it will not qualify for most types of financing. Ideally seeking a cash buyer who is a contractor/builder/developer that is interested in a large project. Multiple offers - final & best by sunday 1/8 @ noon.
LISTING CLOSED: 01/30/2023 12:00 AM

  1. Listed by Peter Leddy • Brokerage DRE #REC.0016995 • HomeSmart Professionals
    P: (401)-374-5345 petermleddy@gmail.com

Property Details for 3720 Diamond Hill Road

Status
MLS #
1327380
Days on Market
9
Taxes
$3,969 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1785
Lot Size
0.52 AC / 22,650 SF
Subdivision Name
Diamond Hill / Reservoir

Location

Listing Courtesy of HomeSmart Professionals

Sold By Century 21 Premier Agency

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Building Information for 3720 Diamond Hill Road

Stories2Residences2Year Built1785Building Size-Lot Size0.52 AC / 22,650 SF

Payment Calculator

$1,601 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$331

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3720 Diamond Hill Road

Summary
Location and General Information
  • City: Cumberland
  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Postal City: Cumberland
  • Postal Code: 02864
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Attached, Garage
  • Parking Total: 14
Taxes and HOA Information
  • Tax Annual Amount: $3,969.00
  • Tax Assessed Value: 264800
  • Tax Lot: 8
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 2758.0
  • Building Area Total: 2758.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.52
  • Lot Size Area: 22650.0
  • Lot Size Square Feet: 22650.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 3720DIAMONDHILLRDCUMB
  • Stories Total: 2
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1785
  • C L I P: 9,563,705,598
Utilities
  • Electric: Amps100, Fuses
  • Sewer: Cesspool
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
Interior Features
  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: Wall Units
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 5
  • Fireplace Y N: Yes
  • Flooring: Carpet, Hardwood, Laminate
  • Heating: Baseboard, Hot Water, Oil, Wood
  • Heating Y N: Yes
  • Interior Features: Attic, Internal Expansion, Permanent Attic Stairs, Wood Burning Stove
  • Laundry Features: Common Area
  • Rooms Total: 9
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1064.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Owner
  • Unit Type Area: 1694.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 3720 Diamond Hill Road

DateEvent & SourcePriceAppreciation
Jan 30, 2023

Sold

Rhode Island Association of REALTORS® #1327380

$250,000
Jan 11, 2023

Contract Signed

Rhode Island Association of REALTORS® #1327380

Jan 2, 2023

Listed (Active)

Rhode Island Association of REALTORS® #1327380

$250,000
DateEvent & SourcePrice
01/30/2023

Sold

Rhode Island Association of REALTORS® #1327380

$250,000
01/11/2023

Contract Signed

Rhode Island Association of REALTORS® #1327380

01/02/2023

Listed (Active)

Rhode Island Association of REALTORS® #1327380

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3720 Diamond Hill Road

Taxable ValueLand$16,600Additions-Total$16,600
Home Facts
Lot Size65,776 SqFtStyleGovernmental / Public UseZoning20CountyPROVIDENCEAPNCUMB M:036 B:0103 L:000

Schools near 3720 Diamond Hill Road

This home is within Cumberland School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Community School
PublicK to 5

North Cumberland Middle School
Public6 to 8

Cumberland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3720 Diamond Hill Road, Cumberland, RI 02864
$250,000
4
2,758
22,650
$596,000
4
2,758
22,650
3
2.5
1,768
15,464
$195,000
3
1,120
13,199
$400,000
2
2,151
14,810
$385,000
4
2,240
26,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart Professionals

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.