NOT LISTED FOR SALE

118 Tremont St Central Falls, RI 02863

Estimated Value: $583,000 - $636,597

7 Beds
4 Baths
3,240 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $395,000 $122 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,775/month

40 Days on Market

About This Home

As of April 2021

Well maintained Central Falls three family with gorgeous turn of the century architecture throughout. Recent updates to all three units make this an investor's dream or a turn key property for an owner occupant. Current rents below market value. Huge first floor unit with three bedrooms, an oversized triple parlor, & two full bathrooms. Both Second floor units have two bedrooms, one bathroom with newly updated kitchens complete with granite countertops. New electrical through out the building and a roof under 24 months young. Schedule a showing today!!

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 02/02/2021

Century 21 Limitless

Last Buyer's Agent

Alejandro Rodriguez

Real Broker, LLC License #RES.0044972

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1900

Lot Details

  • 5,150 Sq Ft Lot

Home Design

  • 3,240 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $2,500

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 217
  • Assessor Parcel Number 118TREMONTSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,428

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1182
  • Above Grade Finished Sq Ft: 3240.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5150.0
  • Parcel #: 118TREMONTSTCFLS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 4428.0
  • Tax Lot: 217
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 13, 2021
Sold by
Ypr Properties Llc
Bought by
Costa-Silva Albertino J and Vieira-Silva Maria C
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Alejandro Rodriguez
Real Broker, LLC
List Price
$409,900
Sold Price
$395,000
Premium/Discount to List
-$14,900
-3.64%
Current Estimated Value
$613,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,649
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
May 9, 2017
Sold by
Ypr Properties Llc
Bought by
Ypr Properties Llc

Purchase Details

Closed on
Mar 2, 2017
Sold by
Unknown and Bank Of New York
Bought by
Ypr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
Cruz Cristina C and Rompich Gildardo L
Bought by
Difruscio John and Cruz Ft

Purchase Details

Closed on
Mar 21, 2001
Sold by
Yepes Juan C and Yepes Zoraida
Bought by
Rompich Gildardo L and Cruz Cristina C

Purchase Details

Closed on
Dec 18, 1998
Sold by
Borges Joao M and Borges Dulce F
Bought by
Yepes Juan C and Yepes Zoraida
Source: Public Records

Range of Values:

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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
Costa-Silva Albertino J $433,000 None Available
Costa-Silva Albertino J $433,000 None Available
Ypr Properties Llc -- --
Ypr Properties Llc -- --
Ypr Properties Llc -- --
Ypr Properties Llc -- --
Difruscio John -- --
Difruscio John -- --
Rompich Gildardo L $118,500 --
Rompich Gildardo L $118,500 --
Yepes Juan C $80,000 --
Yepes Juan C $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ypr Properties Llc $155,000
Previous Owner Ypr Properties Llc $81,000
Previous Owner Yepes Juan C $65,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $395,000 -3.6% $122 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $409,900 -- $127 / 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 $6,055 $321,900 $79,700 $242,200
2023 $5,971 $321,900 $79,700 $242,200
2022 $5,620 $321,900 $79,700 $242,200
2021 $4,441 $186,900 $27,700 $159,200
2020 $4,428 $186,900 $27,700 $159,200
2019 $4,628 $186,900 $27,700 $159,200
2018 $3,686 $140,100 $26,700 $113,400
2017 $3,686 $140,100 $26,700 $113,400
2016 $3,633 $140,100 $26,700 $113,400
2015 $3,172 $114,800 $25,200 $89,600
2014 $3,129 $114,800 $25,200 $89,600
2013 $2,953 $114,800 $25,200 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1274482

State-Wide MLS

APN: CENT-000004-000000-000217