NOT LISTED FOR SALE

Estimated Value: $463,515

5 Beds
5 Baths
4,286 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $280,000 $65 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,560/month

13 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • <<tubWithShowerToken>>
  • Attic
  • 10 Car Detached Garage
  • Public Transportation

About This Home

As of November 2019

This house is the TOTAL package! FHA READY! 10 CAR GARAGE! LOCATION,LOCATION! CASH MACHINE! 3 Residential units and 1 restaurant/retail/barbershop/ or Dr. office. The residential units consist of (1)3 Bed double parlor on the 3rd floor with 2 porches, separate utilities,hardwood floors & (2) Clean 1 Bedroom units, one newly renovated, all rented with great tenants. Great parking, corner lot, all separate utilities. $40k Gross annual income without 1st floor commercial space rented. Commercial space is vacant and ready for occupancy, complete turnkey investment. Building is fire coded. P&L available upon request.

Last Agent to Sell the Property

David DeCristo

The Portfolio Properties License #RES.0031099 Listed on: 10/14/2019

Last Buyer's Agent

Robert Bohlen

RE/MAX 1st Choice License #RES.0042441

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,018 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 10 Car Detached Garage
  • Driveway

Home Design

  • 4,286 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • <<tubWithShowerToken>>

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Attic

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 112 / 14
  • Assessor Parcel Number 104106CASSAVWOON

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • East Woonsocket Subdivision

Recreation

  • Recreation Facilities

Additional Features

  • Public Transportation
  • Operating Expense $13,927

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

10

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Subdivision Name: EAST WOONSOCKET
  • Above Grade Finished Sq Ft: 4286.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 10.0
  • Garage Spaces: 10.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 20.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Oil, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 104106CASSAVWOON
  • Zoning: MU
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 13927.0

Tax Info

  • Tax Annual Amount: 7447.0
  • Tax Block: 14
  • Tax Lot: 112
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 27, 2019
Sold by
Decristo David
Bought by
Cabral Joseph
Seller's Agent
David DeCristo
The Portfolio Properties
Buyer's Agent
Robert Bohlen
RE/MAX 1st Choice
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$463,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,515
Avg. Annual Appreciation
9.35%
Original Mortgage
$270,655
Outstanding Balance
$241,172
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$222,343

Purchase Details

Closed on
May 22, 2019
Sold by
Woonsocket City Of
Bought by
Giarrusso Steven C

Purchase Details

Closed on
May 2, 2019
Sold by
Clf Realty Inc
Bought by
Decristo David

Purchase Details

Closed on
Jan 1, 1987
Bought by
Clf Realty Inc
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
Cabral Joseph $280,000 --
Cabral Joseph $280,000 --
Giarrusso Steven C $61,805 --
Giarrusso Steven C $61,805 --
Decristo David $175,000 --
Decristo David $175,000 --
Clf Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Joseph $36,568
Open Cabral Joseph $270,655
Closed Cabral Joseph $270,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $280,000 -6.6% $65 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $299,900 -- $70 / 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 -- $294,700 $95,400 $199,300
2023 $0 $294,700 $95,400 $199,300
2022 $0 $294,700 $95,400 $199,300
2021 $0 $243,000 $43,000 $200,000
2020 $0 $243,000 $43,000 $200,000
2018 $0 $243,000 $43,000 $200,000
2017 $0 $275,600 $42,600 $233,000
2016 -- $275,600 $42,600 $233,000
2015 -- $275,600 $42,600 $233,000
2014 -- $271,000 $46,900 $224,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1238845

State-Wide MLS

APN: WOON-000037E-000112-000014