NOT LISTED FOR SALE

117 Clay St Central Falls, RI 02863

Estimated Value: $332,000 - $543,000

4 Beds
4 Baths
2,534 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $88,000 $35 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $3,138/month

433 Days on Market

Highlights

  • 0.23 Acre Lot
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Baseboard Heating

About This Home

As of February 2015

Probate sale - 4 unit w separate utilities, enormous 2 stall 2 story garage on an oversized lot. One unit in need of rehab. Appraisal in hand, priced WAY BELOW assessed value. Come and see this money maker!

Last Agent to Sell the Property

Spectrum Real Estate Consultants T

Keller Williams Leading Edge Listed on: 11/17/2013

Keller Williams Leading Edge

Last Buyer's Agent

Stephanie Markoff Cohen

Residential Properties Ltd. License #RES.0035769

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 2,534 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 4 Units
  • Central Falls Subdivision

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 36
  • Assessor Parcel Number 117CLAYSTCFLS

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: 0.2296
  • Subdivision Name: CENTRAL FALLS
  • Above Grade Finished Sq Ft: 2534.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2534.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 117CLAYSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4028.0
  • Tax Lot: 36
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2009
Sold by
Romero Miguel
Bought by
Hubbard Michael J
Total Days on Market
433
Current Estimated Value
$451,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2005
Sold by
Tobon Laura E
Bought by
Romero Miguel

Purchase Details

Closed on
Sep 2, 2003
Sold by
Cabral Agostino O and Cabral Maria C
Bought by
Restrepo Amparo and Tobon Laura E
Source: Public Records

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Range of Values:

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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
Hubbard Michael J $100,000 --
Hubbard Michael J $100,000 --
Romero Miguel $308,000 --
Romero Miguel $308,000 --
Restrepo Amparo $146,000 --
Restrepo Amparo $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radtke Jeremy J $100,000
Open Radtke Jeremy J $250,000
Closed Radtke Jeremy J $7,140
Closed Radtke Jeremy J $33,000
Closed Radtke Jeremy J $13,866
Closed Cabral Agostinho O $98,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2015 02/24/15 Sold $88,000 -32.3% $35 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
11/17/2013 11/17/13 For Sale $129,900 -- $51 / 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 $7,389 $392,800 $92,600 $300,200
2023 $7,286 $392,800 $92,600 $300,200
2022 $4,714 $392,800 $92,600 $300,200
2021 $6,610 $278,200 $48,000 $230,200
2020 $6,591 $278,200 $48,000 $230,200
2019 $6,888 $278,200 $48,000 $230,200
2018 $5,688 $216,200 $42,800 $173,400
2017 $5,688 $216,200 $42,800 $173,400
2016 $4,499 $173,500 $42,800 $130,700
2015 $4,327 $156,600 $42,800 $113,800
2014 $4,269 $156,600 $42,800 $113,800
2013 $4,028 $156,600 $42,800 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1055514

State-Wide MLS

APN: CENT-000005-000000-000036