NOT LISTED FOR SALE

1255 Mendon Rd Cumberland, RI 02864

Ashton Neighborhood

Estimated Value: $341,461 - $440,000

3 Beds
3 Baths
2,746 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $230,000 $84 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,365/month

26 Days on Market

Highlights

  • Bathtub with Shower
  • Public Transportation
  • Ceramic Tile Flooring
  • Cumberland High School Rated 9+
  • Shops
  • Forced Air Heating System

About This Home

As of December 2020

Great Mixed Use Property in Albion Neighborhood of Cumberland. This property has 2 residential units and a 1st floor unit with high ceilings and open floorplan that could be residential, artists loft, commercial space or all of the above. This property has ben recently renovated and is ready for its new owner. Seller will consider owner financing.

Last Agent to Sell the Property

Scott Grandfield

Center Place Realty & Investm. License #RES.0027765 Listed on: 10/05/2020

Last Buyer's Agent

Scott Grandfield

Center Place Realty & Investm. License #RES.0027765 Listed on: 10/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,746 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 0077
  • Assessor Parcel Number 1255MENDONRDCUMB

Community Details

Overview

  • 3 Units
  • Albion Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Subdivision Name: Albion
  • Above Grade Finished Sq Ft: 2746.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 1255MENDONRDCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3165.0
  • Tax Lot: 0077
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 19, 2020
Sold by
Amado Donald I
Bought by
Pham Manh H and Pham Uyen P
Seller's Agent
Scott Grandfield
Center Place Realty & Investm.
Buyer's Agent
Scott Grandfield
Center Place Realty & Investm.
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$387,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,115
Avg. Annual Appreciation
10.91%
Original Mortgage
$184,000
Outstanding Balance
$163,734
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,381

Purchase Details

Closed on
Dec 7, 2015
Sold by
Webster Bank Na
Bought by
Donald Goldman and Donald Smith I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2015
Sold by
Roderick Stephen J and Webster Bank Na
Bought by
Webster Bank Na

Purchase Details

Closed on
Oct 12, 2011
Sold by
Roderick Stephen J and Cumberland Town Of
Bought by
Cunha Michael F

Purchase Details

Closed on
Dec 29, 2000
Sold by
Bertenshaw Edward W
Bought by
Roderick Stephen J and Roderick Melissa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pham Manh H $230,000 None Available
Pham Nanh H -- None Available
Donald Goldman $90,000 --
Webster Bank Na $81,100 --
Cunha Michael F $4,921 --
Roderick Stephen J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Manh H $184,000
Previous Owner Roderick Stephen J $95,000
Previous Owner Roderick Stephen J $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $230,000 -8.0% $84 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $249,900 -- $91 / 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 $4,020 $327,600 $133,100 $194,500
2024 $3,915 $327,600 $133,100 $194,500
2023 $3,807 $327,600 $133,100 $194,500
2022 $3,313 $221,000 $93,100 $127,900
2021 $3,258 $221,000 $93,100 $127,900
2020 $3,165 $221,000 $93,100 $127,900
2019 $2,820 $177,600 $77,700 $99,900
2018 $353 $177,600 $77,700 $99,900
2017 $2,701 $177,600 $77,700 $99,900
2016 $2,967 $173,700 $94,900 $78,800
2015 $2,967 $173,700 $94,900 $78,800
2014 $2,967 $173,700 $94,900 $78,800
2013 $2,859 $181,200 $107,000 $74,200
Source: Public Records

Agents Affiliated with this Home

  • Scott Grandfield

    Seller's Agent in 2020

    Scott Grandfield

    Center Place Realty & Investm.

    (401) 255-7424

    35 Total Sales

    Scott Grandfield
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Map

Source: State-Wide MLS

MLS Number: 1266570

State-Wide MLS

APN: CUMB-000039-000077-000000

Rhode Island Providence County Cumberland 02864 Ashton

1255 Mendon Rd, Cumberland, RI

Not Listed for Sale

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