$367,700
- 2 Beds
- 1 Bath
- 832 sqft
40 Melrose St, Cumberland, RI 02864
Est. Refi. Payment $2,307/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 6, 2022 for $270,000
Home Value
Trulia Estimate
$368KSince last month
$100 (0%)Since last year
Increased$4K (+1%)Since last sale
Increased$98K (+36.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +112% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $368K |
| August 2026 | $367K |
| July 2026 | $367K |
| June 2026 | $375K |
| May 2026 | $370K |
| April 2026 | $367K |
| March 2026 | $359K |
| February 2026 | $361K |
| January 2026 | $353K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $245,000 | 05/21/26 | 2 | 1 | 944 | |
0.40 | Single-Family Home | $200,000 | 04/29/26 | 2 | 1 | 1,118 | |
0.04 | Single-Family Home | $550,000 | 04/30/26 | 2 | 2 | 1,755 | |
0.44 | Single-Family Home | $425,000 | 07/08/26 | 2 | 1 | 1,243 | |
0.45 | Single-Family Home | $420,000 | 12/17/25 | 2 | 1 | 1,288 | |
0.60 | Single-Family Home | $375,000 | 09/26/25 | 2 | 1 | 928 | |
0.36 | Single-Family Home | $440,000 | 06/05/26 | 2 | 1 | 1,776 | |
0.42 | Single-Family Home | $215,000 | 04/16/26 | 1 | 1 | 532 | |
0.42 | Single-Family Home | $438,257 | 07/30/26 | 3 | 1 | 1,380 | |
0.16 | Single-Family Home | $435,000 | 10/01/25 | 2 | 2 | 1,560 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $451,200 | 3 | 1.5 | 1,196 | Off Market | |
0.04 | $550,000 | 2 | 2 | 1,755 | Recently Sold | |
0.13 | $1,225,000 | 4 | 3.5 | 4,320 | Recently Sold | |
0.14 | $245,000 | 2 | 1 | 944 | Recently Sold | |
0.16 | $453,900 | 2 | 2 | 1,560 | Off Market | |
0.18 | $541,400 | 3 | 2 | 1,414 | Off Market | |
0.12 | $897,100 | 3 | 3 | 3,861 | Off Market | |
0.14 | $726,100 | 3 | 2.5 | 2,884 | Off Market | |
0.22 | $708,000 | 3 | 2.5 | 2,422 | Off Market | |
0.18 | $523,100 | 2 | 2 | 2,580 | Off Market | |
0.18 | $642,300 | 3 | 2 | 2,048 | Off Market | |
0.22 | $530,000 | 3 | 2 | 1,882 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1952
Living Area
832 sqft
Price/Sqft
$442
About this House
2 bedroom ranch, featuring sunroom with cathedral ceiling and skylights. Close by to many amenities and great location! Cash or rehab loan only. Does not qualify for FHA. Subject to short sale approval.
40 Melrose St, Cumberland, RI 02864 is a 2 bedroom, 1 bathroom, 832 sqft single-family home in Monestary Heights, built in 1952. It last sold for $270,000 on Jun 6, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $367,700, with a rent estimate of $2,098/month.
Home Details for 40 Melrose St
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Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: Forced Air, OilHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: AsphaltDeckExterior: OtherFoundation Type: Crawl Raised |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 7840 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 6, 2022 Source: StateWide MLS RI #1303194 | Sold | $270,000 |
Mar 2, 2022 Source: StateWide MLS RI #1303194 | Pending | $258,500 |
Feb 21, 2022 Source: StateWide MLS RI #1303194 | PriceChange | $258,500 Price decreased by 6% |
Feb 13, 2022 Source: StateWide MLS RI #1303194 | Listed For Sale | $275,000 |
Mar 8, 2019 Source: StateWide MLS RI #1206109 | Sold | $120,000 |
Oct 3, 2018 Source: Agent Provided | PriceChange | $144,900 Price decreased by 3% |
Aug 14, 2018 Source: Agent Provided | PriceChange | $150,000 Price decreased by 6% |
Jun 23, 2018 Source: Agent Provided | PriceChange | $160,000 Price decreased by 11% |
May 24, 2018 Source: Agent Provided | PriceChange | $179,000 Price decreased by 1% |
Mar 4, 2018 Source: Agent Provided | PriceChange | $179,900 Price decreased by 10% |
Nov 21, 2017 Source: Agent Provided | Listed For Sale | $199,900 |
Dec 12, 2003 Source: N/A | Sold | $180,000 |
Nov 21, 2000 Source: N/A | Sold | $90,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,951 | $240,500 |
Home facts updated by county records
Market trends in Cumberland
Last updated July 2026
Avg. sale price
$537K
$37.5KMoM
Sale-to-List Price
101.3%
0.4%MoM
Price per sq ft
$291
$9MoM
Available listings
86
5MoM
Around this home
What Locals Say about Monestary Heights
At least 17 Trulia users voted on each feature.
100 % Say it's dog friendly
95 % Say there's holiday spirit
91 % Say people would walk alone at night
90 % Say car is needed
83 % Say parking is easy
81 % Say it's quiet
75 % Say yards are well-kept
74 % Say kids play outside
60 % Say neighbors are friendly
60 % Say they plan to stay for at least 5 years
60 % Say there's wildlife
59 % Say it's walkable to grocery stores
44 % Say streets are well-lit
43 % Say it's walkable to restaurants
37 % Say there are community events
29 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 40 Melrose St
- What is 40 Melrose St estimated to be worth?Trulia's estimated value for 40 Melrose St in Cumberland, RI is $367,700.
- What is the price history for 40 Melrose St?40 Melrose St in Cumberland, RI last sold for $270,000 in June 2022.
- Is Cumberland a buyer's or seller's market?Cumberland is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Cumberland?The median sale price in Cumberland is $537K. That is up $37.5K from the prior month.
- How big is the lot at 40 Melrose St?The lot at 40 Melrose St in Cumberland, RI is about 0.18 acres (7,841 sq ft).

