NOT LISTED FOR SALE

Estimated Value: $442,000 - $954,000

5 Beds
3 Baths
4,107 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $475,000 $116 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,189/month

89 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • 5-minute walk to Sabin Point Park

About This Home

As of August 2019

A truly unique waterfront property with 180 degree views of the Narragansett bay. This multi-unit building has been well- maintained. All units have updated kitchens, bathrooms and hardwoods. All units are currently leased. Your income producing investment will include access to the beach and be a short walk to Sabin's point. You can enjoy locally brewed coffee in the center of town then bike on the East Bay bike path to Bristol. The wraparound porch allows you to enjoy the spectacular sunsets. This multi also includes potential mooring, new owners can apply. Schedule a showing today.

Last Listed By

Meg Mut

HERE Realty License #REB.0019025 Listed on: 05/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,585

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Beach Front
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,107 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Dryer
  • Unfinished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 7 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / 1
  • Assessor Parcel Number 121MAPLEAVEPRO

Community Details

Overview

  • 4 Units
  • Riverside Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,585

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 4107.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Paved, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Aluminum Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12705.0
  • Parcel #: 121MAPLEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 7585.0
  • Tax Block: 1
  • Tax Lot: 16
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 2, 2019
Sold by
Gadol James A and Chua Hui T
Bought by
Facenda Gian Mikel A and Socrpio-Eacenda Lauren
Seller's Agent
Meg Mut
HERE Realty
Buyer's Agent
Michaela Massey
RE/MAX River's Edge
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Total Days on Market
89
Current Estimated Value
$773,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,838
Avg. Annual Appreciation
9.78%
Original Mortgage
$403,750
Outstanding Balance
$359,671
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$452,561

Purchase Details

Closed on
Oct 28, 2011
Sold by
Retail Consulting Part
Bought by
Gadol James A and Chua Hui Tin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2009
Sold by
Clarke Patricia L
Bought by
Friedman Robert and Friedman Deborah

Purchase Details

Closed on
Jul 3, 2006
Sold by
Lally Thomas
Bought by
Clark Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2006
Sold by
Lally Thomas
Bought by
Clarke Patricia

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
Facenda Gian Mikel A $475,000 --
Facenda Gian Mikel A $475,000 --
Gadol James A $275,000 --
Gadol James A $275,000 --
Friedman Robert $215,000 --
Friedman Robert $215,000 --
Clark Patricia $525,000 --
Clark Patricia $525,000 --
Clarke Patricia $400,000 --
Clarke Patricia $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Facenda Gian Mikel A $403,750
Previous Owner Clarke Patricia $206,250
Previous Owner Clarke Patricia $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $475,000 -4.8% $116 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $499,000 -- $121 / 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 $10,279 $670,500 $373,500 $297,000
2023 $9,897 $670,500 $373,500 $297,000
2022 $9,063 $414,600 $205,600 $209,000
2021 $8,914 $414,600 $205,600 $209,000
2020 $8,537 $414,600 $205,600 $209,000
2019 $8,300 $414,600 $205,600 $209,000
2018 $7,585 $331,500 $183,300 $148,200
2017 $7,416 $331,500 $183,300 $148,200
2016 $9,233 $414,800 $266,600 $148,200
2015 $6,600 $287,600 $134,200 $153,400
2014 $6,600 $287,600 $134,200 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1222270

State-Wide MLS

APN: EPRO-000312-000016-000001