NOT LISTED FOR SALE

116 Park Place Woonsocket, RI 02895

Bernon District Neighborhood

Estimated Value: $410,000 - $482,000

4 Beds
2.5 Baths
2,710 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $83,000 $31 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $2,748/month

30 Days on Market

Highlights

  • Wood Flooring
  • Game Room
  • Laundry Room
  • Attic
  • 2 Car Detached Garage
  • Public Transportation

About This Home

As of December 2015

Corporate owned property to be sold as is. Garage has structural issue. 2 family needs work. Basement is finished w/3rd kitchen,lav, family room & LDRY. Attic has additional room for expansion.All offers must include Proof of funds or prequal letter.

Last Agent to Sell the Property

John Gower

Gower And Co. License #REB.0015278 Listed on: 10/14/2015

Last Buyer's Agent

Lucy Reid

United Properties/Davida Ltd. License #REB.0019313

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,583

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,710 Sq Ft Home
  • 2-Story Property
  • Game Room
  • Utility Room
  • Laundry Room
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater

Additional Features

  • 9,583 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 102
  • Assessor Parcel Number 116PARKPLWOON

Community Details

Overview

  • 2 Units
  • Bernon Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Subdivision Name: BERNON
  • Above Grade Finished Sq Ft: 2710.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic
  • Living Area: 2710.0
  • Dining Room Type: Bathroom, Game Room, Kitchen, Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Parcel #: 116PARKPLWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 4876.0
  • Tax Lot: 102
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Dec 10, 2015
Sold by
Freddie Mac
Bought by
Ledezma Nereo
Seller's Agent
John Gower
Gower And Co.
Buyer's Agent
Lucy Reid
United Properties/Davida Ltd.
List Price
$94,900
Sold Price
$83,000
Premium/Discount to List
-$11,900
-12.54%
Current Estimated Value
$453,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,338
Avg. Annual Appreciation
19.21%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Lopresti Rita L
Bought by
Fhlmc
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
Ledezma Nereo $83,000 --
Ledezma Nereo $83,000 --
Fhlmc $72,233 --
Fhlmc $72,233 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fhlmc $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $83,000 -12.5% $31 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $94,900 -- $35 / 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 $4,128 $283,900 $85,100 $198,800
2023 $3,969 $283,900 $85,100 $198,800
2022 $3,969 $283,900 $85,100 $198,800
2021 $3,691 $155,400 $52,400 $103,000
2020 $3,730 $155,400 $52,400 $103,000
2018 $3,742 $155,400 $52,400 $103,000
2017 $4,012 $133,300 $41,800 $91,500
2016 $4,244 $133,300 $41,800 $91,500
2015 $4,876 $133,300 $41,800 $91,500
2014 -- $138,000 $46,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • John Gower

    Seller's Agent in 2015

    John Gower

    Gower And Co.

    (401) 339-0900

    15 Total Sales

    John Gower
    Section Image
  • Lucy Reid

    Buyer's Agent in 2015

    Lucy Reid

    United Properties/Davida Ltd.

    (401) 490-1299

    7 in this area

    75 Total Sales

    Lucy Reid
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1110259

State-Wide MLS

APN: WOON-000027F-000102-000015

Rhode Island Providence County Woonsocket 02895 Bernon District

116 Park Place, Woonsocket, RI

This home is located at 116 Park Place, Woonsocket, RI 02895 since 14 October 2015 and is currently estimated at $453,338, approximately $167 per square foot. This property was built in 1900. 116 Park Place is a home located in Providence County with nearby schools including Woonsocket High School, Rise Prep Mayoral Academy Middle School, and Rise Prep Mayoral Academy.

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