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720 Putnam Pike

Smithfield, RI 02828

2 bd 2 ba 1,198 sqft Built 1993 condos
Most recent sale
$300,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $300,000 MLS #1312799
Jun 13, 2022 Listed $325,000 MLS #1312799
Oct 6, 2006 Sold $225,000 Public Record
Aug 3, 2001 Sold $170,000 Public Record
Mar 12, 1996 Sold $135,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $350,600 $350,600 $4,344
2023 $276,600 $276,600 $3,795
2022 $276,600 $276,600 $3,695
2021 $212,000 $212,000 $3,632
2020 $212,000 $212,000 $3,564
2019 $212,000 $212,000 $3,564
2018 $188,800 $188,800 $3,315
2017 $188,800 $188,800 $3,315
2016 $188,800 $188,800 $3,159
2015 $203,100 $203,100 $3,568
2012 $190,500 $190,500 $3,052
2006 $230,100 $230,100 $3,544

Property facts

Year built
1993
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,198 sqft
Lot size
ZIP code
02828
City
Smithfield
Street
Putnam Pike
Coordinates
41.87871, -71.57525

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,797
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 720 Putnam Pike last sell?
720 Putnam Pike most recently sold on Sep 30, 2022 for $300,000.
What is the current tax assessment for 720 Putnam Pike?
The most recent total assessment for 720 Putnam Pike (year 2025) is $350,600 with $4,344 in property tax.
How does 720 Putnam Pike's assessment compare to its last sale price?
The current assessment is 16.9% above the last sale price of $300,000.
When was 720 Putnam Pike built?
720 Putnam Pike was built in 1993.
How does 720 Putnam Pike compare to others on Putnam Pike?
We track 8 other properties on Putnam Pike. Browse the list under "Other properties on Putnam Pike" to compare beds, baths, and sale history.
What are the property facts for 720 Putnam Pike?
720 Putnam Pike is a 2 bed, 2 bath, 1,198 sqft condos.
Is 720 Putnam Pike a flip candidate?
No — 720 Putnam Pike does not appear in our flips dataset.
Is 720 Putnam Pike a tax-appeal candidate?
Yes — 720 Putnam Pike appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$539.3K
2026 Q4
$545.6K
ZIP 02828 — Median Price History + Forecast

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