NOT LISTED FOR SALE

14 Garfield Ave Unit 16 Rumford, RI 02916

Phillipsdale Neighborhood

Estimated Value: $584,244 - $673,000

6 Beds
3 Baths
4,724 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $430,000 $91 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,008/month

35 Days on Market

Highlights

  • Golf Course Community
  • Porch
  • Public Transportation
  • Thermal Windows
  • Bathtub with Shower
  • Shops

About This Home

As of January 2022

Myron Francis!! 3 family 2 bedrooms, dining each, gas heat/hot water, separate utilities, vinyl siding, replacement windows. Rents are below market value!!

Last Agent to Sell the Property

Jeffrey Mateus

Mateus Realty License #REB.0010617 Listed on: 11/15/2021

Last Buyer's Agent

Gary Roberts

Mott & Chace Sotheby's Intl. License #RES.0043673

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 1900

Lot Details

  • 5,000

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 4,724 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Porch
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 14 / 5
  • Assessor Parcel Number 1416GARFIELDAVEPRO

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,951

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Above Grade Finished Sq Ft: 4724.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 1416GARFIELDAVEPRO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5951.0
  • Tax Block: 5
  • Tax Lot: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 20, 2022
Sold by
Martins Horacio C and Martins Fatima M
Bought by
Blair Mackenzie and Morrill Charles
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Gary Roberts
Mott & Chace Sotheby's Intl.
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Current Estimated Value
$635,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,061
Avg. Annual Appreciation
11.23%
Original Mortgage
$422,211
Outstanding Balance
$393,857
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$239,658

Purchase Details

Closed on
Jan 6, 2000
Sold by
Kulczk Alan C
Bought by
Martins Horacio C and Martins Fatima
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
Blair Mackenzie $430,000 None Available
Blair Mackenzie $430,000 None Available
Martins Horacio C $70,000 --
Martins Horacio C $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Mackenzie $422,211
Closed Blair Mackenzie $422,211
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $430,000 +7.5% $91 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $399,900 -- $85 / 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 $6,897 $449,900 $120,000 $329,900
2023 $6,641 $449,900 $120,000 $329,900
2022 $6,051 $276,800 $61,600 $215,200
2021 $5,951 $276,800 $61,600 $215,200
2020 $5,699 $276,800 $61,600 $215,200
2019 $5,542 $276,800 $61,600 $215,200
2018 $4,759 $208,000 $56,000 $152,000
2017 $4,653 $208,000 $56,000 $152,000
2016 $4,630 $208,000 $56,000 $152,000
2015 $4,955 $215,900 $53,300 $162,600
2014 $4,955 $215,900 $53,300 $162,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1298588

State-Wide MLS

APN: EPRO-000303-000005-000014