NOT LISTED FOR SALE

102 Francis Ave Pawtucket, RI 02860

Fairlawn Neighborhood

Estimated Value: $624,000 - $674,237

6 Beds
3 Baths
2,531 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $490,000 $194 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,919/month

16 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Shops
  • Tennis Courts
  • Public Transportation
  • Property near a hospital

About This Home

As of February 2023

SOLID INVESTMENT OPPORTUNITY with this 3 Unit in Fairlawn neighborhood of Pawtucket. Completely turnkey income producer or owner occupied ready... This spacious multi offers many updates including NEW heating system, 2 NEW hot water tanks, NEW kitchen, and maintenance free siding. 1st Floor 3 Bed is entirely renovated with GRANITE, NEW FLOORING, and freshly painted, all vacant and ready for occupancy! Other 2 units are occupied with great tenants, hardwood floors, 2 parking spaces/unit and laundry hookups in basement. Conveniently located between Power Rd & Smithfield Ave and between 146 and I-95 access, blocks from Fairlawn Vet Memorial Park.

Last Agent to Sell the Property

David DeCristo

The Portfolio Properties License #RES.0031099 Listed on: 12/21/2022

Last Buyer's Agent

Jun Wang

New Road Realty License #RES.0045882

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,841

Year Built

  • Built in 1945

Lot Details

  • 4,792

Home Design

  • Aluminum Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,531 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 165
  • Assessor Parcel Number 102FRANCISAVPAWT

Community Details

Overview

  • 3 Units
  • Fairlawn Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $9,113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,841

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: FAIRLAWN
  • Above Grade Finished Sq Ft: 2531.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1945
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: 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: 4792.0
  • Parcel #: 102FRANCISAVPAWT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 9113.0

Tax Info

  • Tax Annual Amount: 4841.0
  • Tax Lot: 165
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Feb 6, 2023
Sold by
Marcotte Douglas and Marcotte Julie
Bought by
102 Francis Ave Llc
Seller's Agent
David DeCristo
The Portfolio Properties
Buyer's Agent
Jun Wang
New Road Realty
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Current Estimated Value
$645,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,559
Avg. Annual Appreciation
10.96%
Original Mortgage
$367,000
Outstanding Balance
$355,360
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,199

Purchase Details

Closed on
Apr 25, 2000
Sold by
Martha Fallon and Capparrille Madeline
Bought by
Marcotte Douglas and Marcotte Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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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
102 Francis Ave Llc $490,000 None Available
Marcotte Douglas $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 102 Francis Ave Llc $367,000
Previous Owner Marcotte Douglas $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $490,000 -2.0% $194 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $499,999 -- $198 / 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
2024 $5,954 $482,500 $126,500 $356,000
2023 $4,953 $292,400 $68,900 $223,500
2022 $4,848 $292,400 $68,900 $223,500
2021 $4,848 $292,400 $68,900 $223,500
2020 $4,092 $195,900 $63,600 $132,300
2019 $4,092 $195,900 $63,600 $132,300
2018 $3,943 $195,900 $63,600 $132,300
2017 $3,949 $173,800 $57,800 $116,000
2016 $3,804 $173,800 $57,800 $116,000
2015 $3,804 $173,800 $57,800 $116,000
2014 $3,141 $136,200 $57,800 $78,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David DeCristo

    The Portfolio Properties

    Section Image
  • Jun Wang

    Buyer's Agent in 2023

    Jun Wang

    New Road Realty

    (774) 804-0461

    1 in this area

    2 Total Sales

    Jun Wang
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1326997

State-Wide MLS

APN: PAWT-000049-000000-000165

Rhode Island Providence County Pawtucket 02860 Fairlawn

102 Francis Ave, Pawtucket, RI

This home is located at 102 Francis Ave, Pawtucket, RI 02860 since 21 December 2022 and is currently estimated at $645,559, approximately $255 per square foot. This property was built in 1945. 102 Francis Ave is a home located in Providence County with nearby schools including Blackstone Valley Prep Upper Elementary School, Blackstone Valley Prep Junior High School, and Bishop Keough Regional High School.

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