NOT LISTED FOR SALE

12 Branch Ave North Smithfield, RI 02896

Estimated Value: $355,000 - $453,000

4 Beds
2 Baths
2,110 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $192,500 $91 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,616/month

132 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • 2 Car Detached Garage
  • North Smithfield Middle School Rated A-
  • Tennis Courts
  • Porch

About This Home

As of August 2015

Great opportunity to own an investment property in North Smithfield. You can rent both units or live in one and collect rent from the other. Both in great shape and very clean. Newer heating systems, newer electric, newer water heaters A must???????????????????????????????????????? see!!

Last Agent to Sell the Property

Scott McGee

RE/MAX Properties License #RES.0032155 Listed on: 03/18/2015

RE/MAX Properties

Last Buyer's Agent

Patricia Robitaille

Fontaine Real Estate, Inc. License #RES.0014634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1916

Lot Details

  • 5,150 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • 3-Story Property
  • Storm Windows
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 256
  • Assessor Parcel Number 12BRANCHAVNSMF

Community Details

Overview

  • 2 Units
  • Branch Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,124

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1182
  • Subdivision Name: BRANCH VILLAGE
  • Above Grade Finished Sq Ft: 2110.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic
  • Living Area: 2110.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5150.0
  • Parcel #: 12BRANCHAVNSMF
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 3124.0
  • Tax Lot: 256
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Sep 1, 2015
Sold by
Johnston Christopher M
Bought by
Robitaille Cory R
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Patricia Robitaille
Fontaine Real Estate, Inc.
List Price
$209,000
Sold Price
$192,500
Premium/Discount to List
-$16,500
-7.89%
Current Estimated Value
$416,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,483
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Aug 5, 2010
Sold by
Bernier Roger
Bought by
Johnston Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Robitaille Cory R $192,500 --
Robitaille Cory R $192,500 --
Johnston Christopher M $230,000 --
Johnston Christopher M $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robitaille Corey R $167,000
Closed Bernier Roger $20,000
Previous Owner Bernier Roger $218,500
Previous Owner Bernier Roger $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $192,500 -7.9% $91 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $209,000 -- $99 / 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 $4,181 $283,100 $47,600 $235,500
2023 $4,034 $283,100 $47,600 $235,500
2022 $3,938 $283,100 $47,600 $235,500
2021 $3,665 $225,000 $45,100 $179,900
2020 $3,665 $225,000 $45,100 $179,900
2019 $3,571 $225,000 $45,100 $179,900
2018 $3,276 $190,000 $47,400 $142,600
2017 $3,196 $190,000 $47,400 $142,600
2016 $3,108 $190,000 $47,400 $142,600
2015 $3,253 $195,000 $50,500 $144,500
2014 $3,124 $195,000 $50,500 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1090128

State-Wide MLS

APN: NSMI-000005-000000-000256