Seller's Agent in 2021
Isabel Ferreira
Century 21 North East
(401) 996-9685
3 in this area
44 Total Sales
11 Patt Ave Cumberland, RI 02864
Valley Falls NeighborhoodEstimated Value: $353,000 - $435,000
2
Beds
2
Baths
2,040
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bathtub with Shower
- Shops
- Attic
- Public Transportation
- Space Heater
About This Home
As of September 2021Don't miss out on this rare opportunity to invest in, or own this 2 Family in Cumberland at a great price. Each unit has 1 bedroom, living room with beautiful hardwoods, bathroom, kitchen and it includes stove and refrigerator. This home also features a young roof, newer windows, vinyl sided and separate utilities Each unit has it's own circuit breaker electrical panels. First floor water tank was installed in 2020. Small fenced yard and driveway for 2 vehicles. Tenants have lived there long term and rents are below market value.
Last Agent to Sell the Property
Century 21 North East License #REB.0018797 Listed on: 03/11/2021
Last Buyer's Agent
Jeffrey Miksis
PHIPPS REALTY License #REB.0016721
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,333
Year Built
- Built in 1900
Lot Details
- 1,742 Sq Ft Lot
- Fenced
Home Design
- Vinyl Siding
Interior Spaces
- 2,040 Sq Ft Home
- 2-Story Property
- Crawl Space
- Attic
Kitchen
- Oven
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Space Heater
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 391
- Assessor Parcel Number 11PATTAVCUMB
Community Details
Overview
- 2 Units
- Valley Falls Subdivision
Amenities
- Shops
- Public Transportation
Building Details
- Operating Expense $4,768
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2021
Closed on
Sep 17, 2021
Sold by
Theresa A Mcmichael Ret
Bought by
Miksis Jeffrey
Seller's Agent
Isabel Ferreira
Century 21 North East
Buyer's Agent
Jeffrey Miksis
PHIPPS REALTY
List Price
$245,900
Sold Price
$210,000
Premium/Discount to List
-$35,900
-14.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,525
Avg. Annual Appreciation
14.64%
Original Mortgage
$168,000
Outstanding Balance
$155,978
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,269
Purchase Details
Closed on
Aug 18, 2015
Sold by
Mcmichael Theresa A
Bought by
Theresa A Mcmichael Re
Purchase Details
Closed on
Jun 18, 1980
Bought by
Mcmichael Theresa A and Girard Pauline
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miksis Jeffrey | $210,000 | None Available | |
| Theresa A Mcmichael Re | -- | -- | |
| Mcmichael Theresa A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miksis Jeffrey | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $210,000 | -14.6% | $103 / Sq Ft |
| 08/18/2021 08/18/21 | Pending | -- | -- | -- |
| 03/11/2021 03/11/21 | For Sale | $245,900 | -- | $121 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,103 | $259,700 | $86,100 | $173,600 |
| 2023 | $3,018 | $259,700 | $86,100 | $173,600 |
| 2022 | $2,443 | $163,000 | $63,200 | $99,800 |
| 2021 | $2,403 | $163,000 | $63,200 | $99,800 |
| 2020 | $3,185 | $163,000 | $63,200 | $99,800 |
| 2019 | $2,690 | $146,700 | $54,500 | $92,200 |
| 2018 | $291 | $146,700 | $54,500 | $92,200 |
| 2017 | $2,231 | $146,700 | $54,500 | $92,200 |
| 2016 | $2,041 | $119,500 | $56,000 | $63,500 |
| 2015 | $2,041 | $119,500 | $56,000 | $63,500 |
| 2014 | $2,041 | $119,500 | $56,000 | $63,500 |
| 2013 | $2,102 | $133,200 | $56,000 | $77,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Jeffrey Miksis
PHIPPS REALTY
Map
Source: State-Wide MLS
MLS Number: 1277083
APN: CUMB-000004-000391-000000
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