NOT LISTED FOR SALE

12 Forest Ave Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $459,029 - $559,000

4 Beds
2 Baths
3,288 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $380,000 $116 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,099/month

41 Days on Market

Highlights

  • Attic
  • Workshop
  • Laundry Room
  • Cumberland High School Rated 9+
  • Bathtub with Shower
  • Public Transportation

About This Home

As of December 2021

Wonderful multi-family home in the desirable town of Cumberland. Well cared for, and owner occupied for over 40 years. This two-family features two bedrooms and one bathroom in each unit. Also includes additional rooms in walk up attic space for possible expandable living area. Nicely landscaped backyard along with charming storage shed. Many recent updates and truly a must see.

Last Agent to Sell the Property

Kathleen Faria

Keller Williams Leading Edge License #RES.0043192 Listed on: 10/11/2021

Keller Williams Leading Edge

Last Buyer's Agent

Jorge Gil

Keller Williams Leading Edge License #RES.0045654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,288 Sq Ft Home
  • 3-Story Property
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • No Hot Water

Listing and Financial Details

  • Tax Lot 0261
  • Assessor Parcel Number 12FORESTAVCUMB

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,014

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 3288.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Microwave, No Hot Water, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Workshop
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 12FORESTAVCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3014.33
  • Tax Lot: 0261
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 22, 2021
Sold by
Clark Peter J and Clark Alice A
Bought by
Gil Jacklyn
Seller's Agent
Kathleen Faria
Keller Williams Leading Edge
Buyer's Agent
Jorge Gil
Keller Williams Leading Edge
List Price
$349,900
Sold Price
$380,000
Premium/Discount to List
$30,100
8.6%
Current Estimated Value
$516,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,757
Avg. Annual Appreciation
8.47%
Original Mortgage
$373,117
Outstanding Balance
$342,568
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$174,189

Purchase Details

Closed on
Dec 20, 1978
Bought by
Clark Peter J and Clark Alice A
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
Gil Jacklyn $380,000 None Available
Clark Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gil Jacklyn $373,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $380,000 +8.6% $116 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $349,900 -- $106 / 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
2025 $4,313 $351,500 $87,700 $263,800
2024 $4,200 $351,500 $87,700 $263,800
2023 $4,084 $351,500 $87,700 $263,800
2022 $3,065 $204,500 $64,300 $140,200
2021 $2,266 $204,500 $64,300 $140,200
2020 $2,202 $204,500 $64,300 $140,200
2019 $2,928 $184,400 $55,500 $128,900
2018 $321 $184,400 $55,500 $128,900
2017 $2,805 $184,400 $55,500 $128,900
2016 $2,564 $150,100 $57,300 $92,800
2015 $2,564 $150,100 $57,300 $92,800
2014 $1,868 $150,100 $57,300 $92,800
2013 $2,610 $165,400 $58,400 $107,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathleen Faria

    Keller Williams Leading Edge

    Section Image

  • J

    Buyer's Agent in 2021

    Jorge Gil

    Keller Williams Leading Edge

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1295949

State-Wide MLS

APN: CUMB-000003-000261-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

12 Forest Ave, Cumberland, RI

This home is located at 12 Forest Ave, Cumberland, RI 02864 since 11 October 2021 and is currently estimated at $516,757, approximately $157 per square foot. This property was built in 1900. 12 Forest Ave is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

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