NOT LISTED FOR SALE

Estimated Value: $412,360 - $553,000

5 Beds
2 Baths
3,217 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $90,000 $28 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $2,894/month

2 Days on Market

Highlights

  • Golf Course Community
  • Public Transportation
  • Property near a hospital
  • Tennis Courts
  • Shops
  • No Heating

About This Home

As of January 2019

Perfect flip or long-term investment. Property needs complete rehab and code violations cleared by town of Johnston. Priced perfect for immediate closing.

Last Agent to Sell the Property

Karl Martone

RE/MAX Properties License #REB.0013618 Listed on: 12/14/2018

RE/MAX Properties

Last Buyer's Agent

Karl Martone

RE/MAX Properties License #REB.0013618 Listed on: 12/14/2018

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,534

Home Design

  • 3,217 Sq Ft Home
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • No Heating
  • Electricity Not Available
  • Water Heater

Additional Features

  • 6,534 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 10SCHOOLSTJOHN

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Above Grade Finished Sq Ft: 3217.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: None
  • Electricity On Property: No
  • Sewer: Connected, Public Sewer, Unknown
  • Utilities: Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10SCHOOLSTJOHN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3514.0
  • Tax Lot: 34
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Sanchez Real Construction
Bought by
Pichardo Elvis J
Current Estimated Value
$469,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$244,799
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$224,541

Purchase Details

Closed on
Dec 2, 2019
Sold by
Gold Star Barber Shop Llc
Bought by
Sanchez Real Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$244,799
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$224,541

Purchase Details

Listed on
Dec 14, 2018
Closed on
Feb 20, 2019
Sold by
Lrv Properties Llc
Bought by
Gold Star Barber Shop Llc
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.81%
Original Mortgage
$121,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jan 16, 2019
Sold by
Mutual Properties Solut
Bought by
Lrv Properties Llc
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2018
Closed on
Dec 13, 2018
Sold by
Ri Housing & Mtg Fin Corp
Bought by
Mutual Properties Sol
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2018
Closed on
Nov 9, 2018
Sold by
Cerullo Eric and Guilmette Donna M
Bought by
East Coast Props
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Cerullo Rita and Johnston Town Of
Bought by
Rhode Island Hsng & Mtg
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pichardo Elvis J $280,000 --
Pichardo Elvis J $280,000 --
Sanchez Real Construction -- --
Sanchez Real Construction -- --
Gold Star Barber Shop Llc $125,000 --
Gold Star Barber Shop Llc $125,000 --
Lrv Properties Llc $90,000 --
Lrv Properties Llc $90,000 --
Mutual Properties Sol $50,000 --
Mutual Properties Sol $50,000 --
East Coast Props $10,154 --
East Coast Props $10,154 --
Rhode Island Hsng & Mtg $3,677 --
Rhode Island Hsng & Mtg $3,677 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pichardo Elvis J $274,928
Closed Pichardo Elvis J $274,928
Previous Owner Gold Star Barber Shop Llc $121,000
Previous Owner Lrv Properties Llc $150,000
Previous Owner Mutual Properties Sol $55,000
Previous Owner Rhode Island Hsng & Mtg $1,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $90,000 +80.0% $28 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
12/14/2018 12/14/18 Sold $50,000 -44.4% $16 / Sq Ft View Prior Sale
12/14/2018 12/14/18 For Sale $89,900 +12.5% $28 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $79,900 -- $25 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,748 $304,000 $74,700 $229,300
2024 $4,651 $304,000 $74,700 $229,300
2023 $4,651 $304,000 $74,700 $229,300
2022 $3,288 $175,300 $53,000 $122,300
2021 $4,074 $175,300 $53,000 $122,300
2018 $3,513 $127,800 $45,600 $82,200
2016 $4,648 $127,800 $45,600 $82,200
2015 $3,270 $112,800 $41,500 $71,300
2014 $3,243 $112,800 $41,500 $71,300
2013 $3,243 $112,800 $41,500 $71,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1211419

State-Wide MLS

APN: JOHN-000003-000000-000341