NOT LISTED FOR SALE

Estimated Value: $634,000 - $738,686

9 Beds
3 Baths
6,854 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $600,000 $88 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,211/month

7 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Thermal Windows
  • 2 Fireplaces
  • 2 Car Detached Garage
  • Porch

About This Home

As of June 2023

This stunning property is perfect for owners occupants or investors. Featuring 3 spacious units, each with 3 bedrooms, offering a wealth of rental income opportunities. This home has been extensively upgraded inside & out & on every level. The first unit offers a gourmet kitchen, high ceilings, double parlor, fantastic period detail, gleaming hardwood flooring throughout, newer roof, electrical, & heating systems, ensuring a modern, energy-efficient space. Tenants are responsible for their own utilities, providing a great opportunity for consistent, reliable income. The oversized two-car garage with a loft storage area offers additional income opportunities, while the basement laundry room provides added convenience for tenants. There is ample parking available on the property, ensuring tenants can safely & easily park their vehicles. This turn key property is a hassle-free investment. Woonsocket is an excellent location for real estate investments, with a strong rental market & a growing population. With its spacious units, upgraded features, & convenient location, this property is sure to attract high-quality tenants, ensuring consistent rental income for years to come. Don't miss out on this amazing opportunity to invest in a highly sought-after multi-family property in the heart of Woonsocket. Will not qualify for VA or FHA financing, due to 90 day rule. Highest & best offers due 5/21 by 6pm No escalation clauses. Submit all offers on p&s agmnt with POF or pre-approval.

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 05/09/2023

Engel & Volkers Oceanside

Last Buyer's Agent

Adrienne Simpson

Coldwell Banker Realty License #RES.0046599

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 1900

Lot Details

  • 8,712

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,854 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • 8,712 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 17 / 162
  • Assessor Parcel Number 154GROVESTWOON

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Bernon District Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $10,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,356

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Inclusions: Expenses are estimated
  • Subdivision Name: Bernon District
  • Above Grade Finished Sq Ft: 6854.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 154GROVESTWOON
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10048.0

Tax Info

  • Tax Annual Amount: 5356.0
  • Tax Block: 162
  • Tax Lot: 17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 14, 2023
Sold by
Expo Development Llc
Bought by
Zammett Jeffrey and Zammett Alanna
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Adrienne Simpson
Coldwell Banker Realty
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Views
38
Current Estimated Value
$689,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,422
Avg. Annual Appreciation
5.74%
Original Mortgage
$427,500
Outstanding Balance
$415,155
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,267

Purchase Details

Listed on
May 9, 2023
Closed on
May 4, 2023
Sold by
Silva Steven and Silva Rosemarie
Bought by
Expo Development Llc
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Adrienne Simpson
Coldwell Banker Realty
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$415,155
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,267

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 27, 2019
Sold by
Laforge Robert G and Laforge Estelle D
Bought by
Silva Steven and Silva Rosemarie
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Denise Leonard
BHHS Commonwealth Real Estate
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$278,856
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zammett Jeffrey $600,000 None Available
Zammett Jeffrey $600,000 None Available
Expo Development Llc $550,000 None Available
Expo Development Llc $550,000 None Available
Silva Steven $284,000 --
Silva Steven $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zammett Jeffrey $427,500
Closed Zammett Jeffrey $427,500
Previous Owner Silva Steven $278,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2023 06/14/23 Sold $600,000 -2.4% $88 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $615,000 +11.8% $90 / Sq Ft
05/04/2023 05/04/23 Sold $550,000 0.0% $132 / Sq Ft View Prior Sale
04/10/2023 04/10/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $550,000 0.0% $132 / Sq Ft
03/26/2023 03/26/23 Rented $1,550 0.0% --
03/10/2023 03/10/23 For Rent $1,550 0.0% --
03/09/2023 03/09/23 Off Market $1,550 -- --
01/09/2023 01/09/23 For Rent $1,600 0.0% --
09/27/2019 09/27/19 Sold $284,000 -5.0% $55 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $299,000 -- $58 / 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
2025 $7,157 $637,300 $89,800 $547,500
2024 $5,570 $383,100 $91,400 $291,700
2023 $5,356 $383,100 $91,400 $291,700
2022 $5,356 $383,100 $91,400 $291,700
2021 $4,130 $173,900 $37,300 $136,600
2020 $4,174 $173,900 $37,300 $136,600
2018 $4,188 $173,900 $37,300 $136,600
2017 $4,211 $139,900 $40,800 $99,100
2016 $4,454 $139,900 $40,800 $99,100
2015 $5,118 $139,900 $40,800 $99,100
2014 $4,938 $137,400 $44,900 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1335049

State-Wide MLS

APN: WOON-000015C-000162-000017