Seller's Agent in 2024
Anastasia Kaufman
HomeSmart Professionals Real Estate
(401) 338-2749
4 in this area
170 Total Sales
1531 Mendon Rd Cumberland, RI 02864
Ashton NeighborhoodEstimated Value: $652,219 - $690,000
6
Beds
3
Baths
2,700
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Community Stables
- Property is near public transit
- Ashton School Rated A-
- Medical Services
- Wood Flooring
About This Home
As of June 2024Discover a rare gem nestled in the heart of Cumberland – a meticulously renovated 3-family property offering unparalleled potential as both an owner-occupied residence and an investment opportunity. Each of the three units has undergone a complete transformation, boasting modern amenities and stylish finishes throughout.Step into each unit to find a contemporary kitchen adorned with stainless steel appliances,with new baths in every unit, enjoy the luxury of indulging in relaxation and comfort. The property has been outfitted with newer electrical systems, gas heating units, 50 yr roof, skylights, gutters has recently been installed. There is also plenty of ample parking spaces in the large paved rear lot.Situated for optimal accessibility, this property offers easy access to 295/146 highways, making commuting a breeze for residents. Whether you're seeking to alleviate mortgage payments through rental income or looking to expand your investment portfolio, this 3-family property pr
Last Agent to Sell the Property
HomeSmart Professionals Real Estate Listed on: 03/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,891
Year Built
- Built in 1890
Lot Details
- 7,841 Sq Ft Lot
- Near Conservation Area
- Corner Lot
Home Design
- Triplex
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 2,700 Sq Ft Home
- Insulated Windows
- Insulated Doors
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $5,045
- Assessor Parcel Number 039/ 0100/ 000/,614000
- Tax Block 100
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $60,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2024
Closed on
May 31, 2024
Sold by
Kim Soung C
Bought by
Kim Soung C and Kim Kijung
Seller's Agent
Anastasia Kaufman
HomeSmart Professionals Real Estate
Buyer's Agent
Herson Martinez
RISE REC
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Views
57
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
$39,555
Avg. Annual Appreciation
2.29%
Original Mortgage
$593,750
Outstanding Balance
$588,849
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,482
Purchase Details
Closed on
Sep 20, 2023
Sold by
Lyons Christopher M
Bought by
Mendon Rd Llc
Purchase Details
Listed on
Apr 18, 2022
Closed on
May 25, 2022
Sold by
High Low Properties Llc
Bought by
Lyons Christopher M
Seller's Agent
Phil Tirrell
Lamacchia Realty, Inc
Buyer's Agent
Anastasia Kaufman
HomeSmart Professionals
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$476,215
Interest Rate
5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 29, 2021
Sold by
Leary Jay F
Bought by
High Low Properties Llc
Purchase Details
Closed on
Feb 26, 2020
Sold by
High Low Properties Llc
Bought by
Leary Jay F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 18, 2019
Sold by
Leary Jay F
Bought by
High Low Properties Llc
Purchase Details
Listed on
Jul 20, 2017
Closed on
Oct 11, 2017
Sold by
Joan M Malloy 2017 Ret and Malloy
Bought by
Leary Jay F
Seller's Agent
John Bessette
Residential Properties Ltd.
Buyer's Agent
Zachary Samborsky
Keller Williams Coastal
List Price
$235,000
Sold Price
$235,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$176,250
Interest Rate
3.82%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Soung C | -- | None Available | |
| Kim Soung C | $625,000 | None Available | |
| Kim Soung C | -- | None Available | |
| Kim Soung C | $625,000 | None Available | |
| Mendon Rd Llc | -- | None Available | |
| Mendon Rd Llc | -- | None Available | |
| Lyons Christopher M | $535,000 | None Available | |
| Lyons Christopher M | $535,000 | None Available | |
| High Low Properties Llc | -- | None Available | |
| High Low Properties Llc | -- | None Available | |
| Leary Jay F | -- | None Available | |
| High Low Properties Llc | -- | -- | |
| High Low Properties Llc | -- | -- | |
| Leary Jay F | $235,000 | -- | |
| Leary Jay F | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Soung C | $593,750 | |
| Closed | Kim Soung C | $593,750 | |
| Previous Owner | Lyons Christopher M | $476,215 | |
| Previous Owner | Leary Jay F | $245,000 | |
| Previous Owner | Leary Jay F | $206,500 | |
| Previous Owner | Leary Jay F | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $625,000 | +4.2% | $231 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 03/27/2024 03/27/24 | For Sale | $599,900 | +12.1% | $222 / Sq Ft |
| 05/25/2022 05/25/22 | Sold | $535,000 | -2.7% | $124 / Sq Ft |
| 05/07/2022 05/07/22 | For Sale | $550,000 | +14.6% | $127 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $479,999 | +104.3% | $111 / Sq Ft |
| 10/10/2017 10/10/17 | Sold | $235,000 | 0.0% | $87 / Sq Ft |
| 09/10/2017 09/10/17 | Pending | -- | -- | -- |
| 07/20/2017 07/20/17 | For Sale | $235,000 | -- | $87 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,030 | $420,900 | $135,400 | $285,500 |
| 2023 | $4,891 | $420,900 | $135,400 | $285,500 |
| 2022 | $3,909 | $260,800 | $94,700 | $166,100 |
| 2021 | $3,844 | $260,800 | $94,700 | $166,100 |
| 2020 | $3,735 | $260,800 | $94,700 | $166,100 |
| 2019 | $3,313 | $208,600 | $79,100 | $129,500 |
| 2018 | $414 | $208,600 | $79,100 | $129,500 |
| 2017 | $3,173 | $208,600 | $79,100 | $129,500 |
| 2016 | $3,189 | $186,700 | $71,000 | $115,700 |
| 2015 | $3,189 | $186,700 | $71,000 | $115,700 |
| 2014 | $3,189 | $186,700 | $71,000 | $115,700 |
| 2013 | $3,006 | $190,500 | $74,700 | $115,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Herson Martinez
RISE REC
(401) 298-9409
1 in this area
85 Total Sales
-
Seller's Agent in 2022
Phil Tirrell
Lamacchia Realty, Inc
(401) 374-0844
1 in this area
85 Total Sales
-
Seller's Agent in 2017
John Bessette
Residential Properties Ltd.
(401) 457-1343
3 Total Sales
-
Z
Buyer's Agent in 2017
Zachary Samborsky
Keller Williams Coastal
(401) 309-9472
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73216705
APN: CUMB-000039-000100-000000
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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