153 Morgan Ave Johnston, RI 02919
Thornton Neighborhood
7
Beds
2
Baths
4,856
Sq Ft
0.49
Acres
Highlights
- Attic
- Bathtub with Shower
- Baseboard Heating
- Cooling Available
- Storage Room
About This Home
As of September 2021Beautiful two-family that was renovated in 2018. Located in a corner lot in a quiet neighborhood. Both units are vacant and ready for immediate occupancy. In-unit laundry on the second floor. Could easily be converted to a LARGE single family home with 7 bedrooms! Live in one unit, rent out the other or you can do what the seller did and airbnb the second unit. Last year's income on the property was $70K! After expenses that is around a 16% cap rate, a unicorn for any investment property. Furniture negotiable. A lot of possibilities, set up your tour today.
Last Agent to Sell the Property
Cote Partners Realty LLC License #REB.0019729 Listed on: 01/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,621
Year Built
- Built in 1800
Lot Details
- 0.49 Acre Lot
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,856 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
- Laminate Flooring
- Dishwasher
- Attic
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Utilities
- Cooling Available
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Septic Tank
- Sewer Not Available
Community Details
- 2 Units
- Operating Expense $5,000
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 153MORGANAVJOHN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2021
Closed on
Sep 14, 2021
Sold by
Silva Michael R and Kaiser Pernilla F
Bought by
Carvajal Pablo A
Seller's Agent
Michael Silva
Cote Partners Realty LLC
Buyer's Agent
Joseph Luca
RE/MAX Preferred
List Price
$415,000
Sold Price
$460,000
Premium/Discount to List
$45,000
10.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,292
Avg. Annual Appreciation
4.73%
Original Mortgage
$392,755
Outstanding Balance
$359,987
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$189,305
Purchase Details
Listed on
Sep 13, 2018
Closed on
Dec 4, 2018
Sold by
F & C Investments Llc
Bought by
Silva Michael R and Kaiser Pernilla F
Seller's Agent
Rhonda Sasa
BHHS Pinnacle Realty
Buyer's Agent
Kyle Seyboth
List Price
$344,900
Sold Price
$316,000
Premium/Discount to List
-$28,900
-8.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$310,276
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 2, 2018
Closed on
Jan 22, 2018
Sold by
Sasa Rhonda A
Bought by
F & C Investments Llc
Seller's Agent
Rhonda Sasa
BHHS Pinnacle Realty
Buyer's Agent
Rhonda Sasa
BHHS Pinnacle Realty
List Price
$199,900
Sold Price
$162,000
Premium/Discount to List
-$37,900
-18.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.54%
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2017
Sold by
Sasa Rhonda A
Bought by
Sasa Rhonda A
Purchase Details
Closed on
Feb 7, 2017
Sold by
Sasa Mohamad Y
Bought by
Sasa Rhonda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2017
Sold by
Sasa Mohamad Y
Bought by
Sasa Rhonda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2016
Sold by
Delgreco John E and Delgreco Deborah
Bought by
Sasa Mohamad Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Johnston, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $316,000 | -- | |
| Warranty Deed | $162,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $44,210 | FHA | |
| Open | $392,755 | FHA | |
| Previous Owner | $310,276 | FHA | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $110,000 | Unknown | |
| Previous Owner | $110,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2021 09/14/21 | Sold | $460,000 | +10.8% | $95 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 01/01/2021 01/01/21 | For Sale | $415,000 | +31.3% | $85 / Sq Ft |
| 12/04/2018 12/04/18 | Sold | $316,000 | -8.4% | $65 / Sq Ft |
| 11/04/2018 11/04/18 | Pending | -- | -- | -- |
| 09/13/2018 09/13/18 | For Sale | $344,900 | +112.9% | $71 / Sq Ft |
| 01/22/2018 01/22/18 | Sold | $162,000 | -19.0% | $59 / Sq Ft |
| 01/02/2018 01/02/18 | For Sale | $199,900 | -- | $72 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $2,133 | $139,400 | $139,400 | $0 |
| 2023 | $2,133 | $139,400 | $139,400 | $0 |
| 2022 | $2,700 | $116,200 | $116,200 | $0 |
| 2021 | $2,700 | $116,200 | $116,200 | $0 |
| 2018 | $5,613 | $204,200 | $91,800 | $112,400 |
| 2016 | $7,427 | $204,200 | $91,800 | $112,400 |
| 2015 | $5,566 | $192,000 | $94,900 | $97,100 |
| 2014 | $5,549 | $193,000 | $95,900 | $97,100 |
| 2013 | $5,549 | $193,000 | $95,900 | $97,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Silva
Seller's Agent in 2021
Michael Silva
Cote Partners Realty LLC
(401) 464-2158
1 in this area
99 Total Sales
-
Joseph Luca
Buyer's Agent in 2021
Joseph Luca
RE/MAX Preferred
(401) 409-5030
1 in this area
85 Total Sales
-
Rhonda Sasa
Seller's Agent in 2018
Rhonda Sasa
BHHS Pinnacle Realty
(401) 241-7074
16 in this area
66 Total Sales
-
K
Buyer's Agent in 2018
Kyle Seyboth
Map
Source: State-Wide MLS
MLS Number: 1272543
APN: JOHN-000008-000000-000014
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