NOT LISTED FOR SALE

Estimated Value: $367,000 - $538,000

8 Beds
2 Baths
1,778 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $117,500 $66 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $2,825/month

66 Days on Market

Highlights

  • Wood Flooring
  • Shops
  • Fenced
  • Public Transportation
  • Heating System Uses Steam
  • 5-minute walk to Candace Street Park

About This Home

As of November 2012

Amazing Opportunity to Own in Lovely Smith Hill Community. Stunning Two Family with Townhouse Style Second and Third Floor. Perfect For an Owner Occupant to Live in One Unit and Collect Rent in the Other.

Last Agent to Sell the Property

Joy Riley

Westcott Properties License #REB.0012495 Listed on: 08/23/2012

Last Buyer's Agent

Ted Ngo

Block Island Rentals Online

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,778 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 529
  • Assessor Parcel Number 15ALMASTPROV

Community Details

Overview

  • 2 Units
  • Smith Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: SMITH HILL
  • Above Grade Finished Sq Ft: 1778.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 1778.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3049.0
  • Parcel #: 15ALMASTPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3313.0
  • Tax Lot: 529
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2012
Closed on
Nov 21, 2012
Sold by
Alma Street Assoc Llc
Bought by
Pilcher John
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Ted Ngo
Block Island Rentals Online
List Price
$115,900
Sold Price
$117,500
Premium/Discount to List
$1,600
1.38%
Current Estimated Value
$445,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,841
Avg. Annual Appreciation
11.02%
Original Mortgage
$115,371
Outstanding Balance
$80,405
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$364,936

Purchase Details

Closed on
Dec 10, 2009
Sold by
Aurora Loan
Bought by
Alma Street Assoc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,749
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2009
Sold by
Makhlouf Elias M
Bought by
Aurora Loan Services L

Purchase Details

Closed on
Dec 31, 2001
Sold by
Makhouf Roger M
Bought by
Makhlouf Elais M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.61%
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
Pilcher John $117,500 --
Alma Street Assoc Llc $65,000 --
Aurora Loan Services L $250,000 --
Makhlouf Elais M $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pilcher John $115,371
Previous Owner Makhlouf Elais M $66,749
Previous Owner Makhlouf Elais M $250,000
Previous Owner Makhlouf Elais M $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2012 11/28/12 Sold $117,500 +1.4% $66 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $115,900 -- $65 / 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 $4,771 $260,000 $67,300 $192,700
2023 $4,771 $260,000 $67,300 $192,700
2022 $4,628 $260,000 $67,300 $192,700
2021 $3,650 $148,600 $33,200 $115,400
2020 $3,650 $148,600 $33,200 $115,400
2019 $3,650 $148,600 $33,200 $115,400
2018 $3,720 $116,400 $35,600 $80,800
2017 $3,720 $116,400 $35,600 $80,800
2016 $3,720 $116,400 $35,600 $80,800
2015 $3,750 $113,300 $46,600 $66,700
2014 $3,824 $113,300 $46,600 $66,700
2013 $3,824 $113,300 $46,600 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1024386

State-Wide MLS

APN: PROV-690529-000000-000000