NOT LISTED FOR SALE

104 Main St Hope, RI 02831

Estimated Value: $522,917

2 Beds
2.5 Baths
2,507 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $389,000 $155 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,121/month

11 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Recreation Facilities
  • 4-minute walk to Hope Park

About This Home

As of March 2023

Don't miss this opportunity to invest in this 3-unit mixed use property. This multi-unit offers two spacious 1-bedroom apartments, accompanied by the first-floor commercial rental space. Minutes to all major highways, shopping, restaurants, colleges and more, this home is the perfect opportunity for any investor. Schedule your private showing today!

Last Agent to Sell the Property

Brian Jodoin

Residential Properties Ltd. License #RES.0047173 Listed on: 01/30/2023

Residential Properties Ltd.

Last Buyer's Agent

Premier Group

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 2,507 Sq Ft Home
  • 3-Story Property
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Septic Tank

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 30
  • Assessor Parcel Number 104MAINSTSCIT

Community Details

Recreation

  • Golf Course Community
  • Recreation Facilities

Additional Features

  • 3 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 2507.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Wood Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 104MAINSTSCIT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6468.0
  • Tax Lot: 30
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 24, 2023
Sold by
Manco Michaela
Bought by
Cooper Rip M and Cooper Nelson J
Seller's Agent
Brian Jodoin
Residential Properties Ltd.
Buyer's Agent
Premier Group
eXp Realty LLC
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$522,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,917
Avg. Annual Appreciation
11.36%
Original Mortgage
$385,683
Outstanding Balance
$374,715
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$148,202

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 30, 2018
Sold by
Haley Theodore T and Haley Louise M
Bought by
Manco Michaela
Seller's Agent
Emily Kheradi
HomeSmart Professionals
Buyer's Agent
Michael Mangiarelli
Mangiarelli Properties
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$240,562
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cooper Rip M $399,000 None Available
Cooper Rip M $399,000 None Available
Cooper Rip M $399,000 None Available
Manco Michaela $245,000 --
Manco Michaela $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Rip M $385,683
Closed Cooper Rip M $385,683
Previous Owner Manco Michaela $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $389,000 -2.5% $155 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $399,000 +62.9% $159 / Sq Ft
11/30/2018 11/30/18 Sold $245,000 +2.1% $86 / Sq Ft View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $239,900 -- $84 / 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 $4,669 $269,400 $92,000 $177,400
2024 $4,669 $269,400 $92,000 $177,400
2023 $0 $269,400 $92,000 $177,400
2022 $0 $269,400 $92,000 $177,400
2021 $0 $227,400 $90,100 $137,300
2020 $0 $227,400 $90,100 $137,300
2019 $0 $227,400 $90,100 $137,300
2018 $0 $215,100 $63,500 $151,600
2017 $0 $215,100 $63,500 $151,600
2016 -- $215,100 $63,500 $151,600
2015 -- $196,600 $56,200 $140,400
2014 -- $196,600 $56,200 $140,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Jodoin

    Residential Properties Ltd.

    (401) 378-3874

    1 in this area

    17 Total Sales

    Brian Jodoin
    Section Image

  • P

    Buyer's Agent in 2023

    Premier Group

    eXp Realty LLC

    (401) 288-3600

    3 in this area

    480 Total Sales

    Premier Group
    Section Image
  • Emily Kheradi

    Seller's Agent in 2018

    Emily Kheradi

    HomeSmart Professionals

    (401) 243-5520

    3 in this area

    48 Total Sales

    Emily Kheradi
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Mangiarelli

    Mangiarelli Properties

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1327869

State-Wide MLS

APN: SCIT-000004-000030-000000

Rhode Island Providence County Hope 02831

104 Main St, Hope, RI

Not Listed for Sale

MultiFamily

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