J
Seller's Agent in 2021
Jean Clarke
RE/MAX River's Edge
(401) 374-5039
23 in this area
51 Total Sales
116 Bishop Ave Rumford, RI 02916
Rumford NeighborhoodEstimated Value: $537,244 - $578,000
4
Beds
2
Baths
3,487
Sq Ft
$160/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Attic
- Recreation Facilities
- Wood Flooring
- Corner Lot
- Walking Distance to Water
About This Home
As of February 2021A great opportunity to own this handsome, roomy two family! The first first floor unit consists of a living room, dining room, eat in kitchen, 2 bedrooms and full bath. The second floor unit features a living room, dining room, eat in kitchen, 2 bedrooms, full bath and walk up attic. Featuring hardwood floors throughout each ample sized unit and laundry in basement. This bright and cheery two-family has character and charms in both units. All separate utilities. Walk to bike path, Rock Field, Turner Reservoir. A fabulous investment!
Last Agent to Sell the Property
RE/MAX River's Edge License #RES.0019199 Listed on: 12/01/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,355
Year Built
- Built in 1900
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,487 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Storage Room
- Laundry Room
- Wood Flooring
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Walking Distance to Water
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 220 Volts
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tenant pays for hot water
- Legal Lot and Block 6 / 11
- Assessor Parcel Number 116BISHOPAVEPRO
Community Details
Overview
- 2 Units
- Rumford Subdivision
Amenities
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2020
Closed on
Feb 26, 2021
Sold by
Peirce V Ruth Est
Bought by
Montana Bridget
Seller's Agent
Jean Clarke
RE/MAX River's Edge
Buyer's Agent
Aleen Weiss
Spitz-Weiss, REALTORS
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
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
$209,561
Avg. Annual Appreciation
10.14%
Original Mortgage
$315,000
Outstanding Balance
$287,140
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,421
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 |
|---|---|---|---|
| Montana Bridget | $350,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montana Bridget | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $350,000 | +7.7% | $100 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | For Sale | $325,000 | -- | $93 / 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 |
|---|---|---|---|---|
| 2025 | $7,788 | $595,900 | $161,200 | $434,700 |
| 2024 | $6,189 | $403,700 | $134,300 | $269,400 |
| 2023 | $5,959 | $403,700 | $134,300 | $269,400 |
| 2022 | $5,837 | $267,000 | $92,900 | $174,100 |
| 2021 | $5,751 | $267,500 | $88,100 | $179,400 |
| 2020 | $5,508 | $267,500 | $88,100 | $179,400 |
| 2019 | $5,355 | $267,500 | $88,100 | $179,400 |
| 2018 | $4,798 | $209,700 | $80,200 | $129,500 |
| 2017 | $4,691 | $209,700 | $80,200 | $129,500 |
| 2016 | $4,668 | $209,700 | $80,200 | $129,500 |
| 2015 | $4,507 | $196,400 | $70,000 | $126,400 |
| 2014 | $4,507 | $196,400 | $70,000 | $126,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Clarke
-
Aleen Weiss
A
Buyer's Agent in 2021
Aleen Weiss
Spitz-Weiss, REALTORS
(401) 323-8500
2 in this area
61 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1270942
APN: EPRO-000503-000011-000006
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