$425,000
SOLD APR 17, 2023

15 Maple Ave Riverside, RI 02915

Riverside Neighborhood
8 Beds
3 Baths
3,100 Sq Ft
3,623 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

21% Below List Price

104 Days on Market

Highlights

  • Golf Course Community
  • Public Transportation
  • Baseboard Heating
  • Recreation Facilities
  • Property near a hospital
  • 3-minute walk to Rose Larisa Memorial Park

About This Home

As of April 2023

Sought after 3 family in Riverside a mile from Bay View Academy. Looking for investor buyers. House needs some work. Will not qualify for FHA Financing. PERFECT FOR THE INVESTOR!! Rents are very low. This has the potential to be a great money maker. 1st & 2nd units are 3 bedrooms. Third unit has 2 bedrooms. Long term tenants so rents are well below market. Three separate gas forced hot water furnaces. Separate electric. Off street parking. Tenants pay their own heat and electric. 1st floor currently vacant.

Last Agent to Sell the Property

jjane westcott

HomeSmart Professionals License #RES.0026087 Listed on: 09/01/2022

HomeSmart Professionals

Last Buyer's Agent

Zhongyuan Williams

Coldwell Banker Realty License #RES.0041519

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1900

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,100 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • Geothermal Heating and Cooling
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service

Additional Features

  • 3,623 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 13
  • Assessor Parcel Number 15MAPLEAVEPRO

Community Details

Overview

  • 3 Units
  • Riverside Subdivision

Recreation

  • Golf Course Community
  • Recreation Facilities

Additional Features

  • Public Transportation
  • Operating Expense $5,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,300

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0832
  • Inclusions: Lead, Sales Disclosure
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 3100.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Geothermal, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3623.0
  • Parcel #: 15MAPLEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5300.0

Tax Info

  • Tax Annual Amount: 5300.0
  • Tax Lot: 13
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Mar 30, 2023
Sold by
Santos Nelson C and Basile Cassondra A
Bought by
Gabro Ruba R
Seller's Agent
jjane westcott
HomeSmart Professionals
Buyer's Agent
Zhongyuan Williams
Coldwell Banker Realty
List Price
$535,000
Sold Price
$425,000
Premium/Discount to List
-$110,000
-20.56%
Total Days on Market
104
Views
343
Current Estimated Value
$534,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,787
Avg. Annual Appreciation
11.43%
Original Mortgage
$318,750
Outstanding Balance
$311,809
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,781

Purchase Details

Listed on
Sep 1, 2017
Closed on
Feb 9, 2018
Sold by
Fren Realty Llc and Fren
Bought by
Santos Nelson C and Basile Cassondra A
Seller's Agent
Donna Fagnant
Trillionaire Realty
Buyer's Agent
jjane westcott
HomeSmart Professionals
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$284,747
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2011
Sold by
Barnes Cheryl A
Bought by
Smith Stacy L

Purchase Details

Closed on
Sep 20, 2006
Sold by
Minger Robert
Bought by
Fern Elie

Purchase Details

Closed on
Nov 19, 1991
Sold by
East Providence Cu
Bought by
Smith Raymond L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $290,000 --
Warranty Deed $290,000 --
Deed $80,000 --
Deed $80,000 --
Deed $280,000 --
Deed $280,000 --
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Purchase Money Mortgage
Closed $318,750 Purchase Money Mortgage
Previous Owner $281,491 FHA
Previous Owner $284,747 FHA
Previous Owner $912,000 No Value Available
Previous Owner $77,972 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $425,000 -5.6% $137 / Sq Ft
12/15/2022 12/15/22 Price Changed $450,000 -9.8% $145 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $499,000 -6.7% $161 / Sq Ft
09/01/2022 09/01/22 For Sale $535,000 +84.5% $173 / Sq Ft
02/08/2018 02/08/18 Sold $290,000 -10.8% $100 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
09/01/2017 09/01/17 For Sale $325,000 -- $112 / 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 $5,686 $370,900 $69,200 $301,700
2023 $5,474 $370,900 $69,200 $301,700
2022 $5,373 $245,800 $48,300 $197,500
2021 $5,285 $245,800 $48,300 $197,500
2020 $5,061 $245,800 $48,300 $197,500
2019 $4,921 $245,800 $48,300 $197,500
2018 $4,304 $188,100 $48,400 $139,700
2017 $4,208 $188,100 $48,400 $139,700
2016 $4,187 $188,100 $48,400 $139,700
2015 $4,576 $199,400 $49,300 $150,100
2014 $4,576 $199,400 $49,300 $150,100
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2023

    jjane westcott

    HomeSmart Professionals

    1 in this area

    7 Total Sales

    jjane westcott
    Section Image

  • Z

    Buyer's Agent in 2023

    Zhongyuan Williams

    Coldwell Banker Realty

    (508) 287-1404

    7 in this area

    42 Total Sales

    Zhongyuan Williams
    Section Image
  • Donna Fagnant

    Seller's Agent in 2018

    Donna Fagnant

    Trillionaire Realty

    (401) 692-6360

    18 Total Sales

    Donna Fagnant
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1319190

State-Wide MLS

APN: EPRO-000312-000013-000012

Rhode Island Providence County Riverside 02915 Riverside

15 Maple Ave, Riverside, RI

This home is located at 15 Maple Ave, Riverside, RI 02915 and is currently priced at $425,000, approximately $137 per square foot. This property was built in 1900. 15 Maple Ave is a home located in Providence County with nearby schools including East Providence High School, St Mary Academy-Bay View, and The Gordon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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