NOT LISTED FOR SALE

1570 Mendon Rd Cumberland, RI 02864

Ashton Neighborhood

Estimated Value: $489,000 - $689,000

5 Beds
2 Baths
2,037 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $175,000 $86 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $3,887/month

135 Days on Market

Highlights

  • 1.12 Acre Lot
  • Wood Flooring
  • Baseboard Heating
  • Ashton School Rated A-
  • 1 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of February 2017

OVER AN ACRE OF LAND. LEGAL TWO FAMILY. 2ND FLOOR RENTED, FIRST FLOOR RENOVATION HAS BEEN STARTED, BUT LEFT INCOMPLETE. CASH, 203K OR PRIVATE FINANCING ONLY. POTENTIAL FOR OFFICE OR COMMERCIAL USE IN COMPLIANCE WITH HISTORIC DISTRICT REGUALATIONS.

Last Agent to Sell the Property

Ziggy Stevens

Custodio Realtors License #REB.0010201 Listed on: 09/15/2016

Last Buyer's Agent

The DiSpirito Team

Engel & Volkers

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1930

Lot Details

  • 1.12 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

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

Community Details

  • 2 Units
  • Cumberland Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 42
  • Assessor Parcel Number 1570MENDONRDCUMB

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,072

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.12
  • Subdivision Name: CUMBERLAND
  • Above Grade Finished Sq Ft: 2037.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 2037.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Sewer Assessment(s)
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 48787.0
  • Parcel #: 1570MENDONRDCUMB
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4071.87
  • Tax Lot: 42
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Feb 22, 2017
Sold by
Lyons 5 Llc
Bought by
Terrapin Properties Ll
Seller's Agent
Ziggy Stevens
Custodio Realtors
Buyer's Agent
The DiSpirito Team
Engel & Volkers
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Total Days on Market
135
Current Estimated Value
$597,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,067
Avg. Annual Appreciation
15.26%
Original Mortgage
$215,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2015
Sold by
Invests Brushneck Cove
Bought by
Recotry Saint Johns

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%

Purchase Details

Closed on
Aug 3, 2015
Sold by
Saint Lukes Parish Dio
Bought by
Lyons 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Source: Public Records

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Range of Values:

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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
Terrapin Properties Ll $175,000 --
Recotry Saint Johns $2,481 --
Lyons 5 Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons 5 Llc $264,750
Closed Lyons 5 Llc $215,000
Previous Owner Lyons 5 Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $175,000 -7.8% $86 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $189,900 -- $93 / 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 $6,570 $549,800 $254,400 $295,400
2023 $6,389 $549,800 $254,400 $295,400
2022 $4,743 $316,400 $158,100 $158,300
2021 $4,664 $316,400 $158,100 $158,300
2020 $4,531 $316,400 $158,100 $158,300
2019 $4,504 $283,600 $140,000 $143,600
2018 $4,373 $283,600 $140,000 $143,600
2017 $4,314 $283,600 $140,000 $143,600
2016 $4,002 $234,300 $120,600 $113,700
2015 -- $232,000 $120,600 $111,400
2014 -- $232,000 $120,600 $111,400
2013 -- $268,100 $118,700 $149,400
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2017

    Ziggy Stevens

    Custodio Realtors

    32 Total Sales

    Ziggy Stevens
    Section Image
  • The DiSpirito Team

    Buyer's Agent in 2017

    The DiSpirito Team

    Engel & Volkers

    (401) 244-8355

    1 in this area

    484 Total Sales

    The DiSpirito Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1136906

State-Wide MLS

APN: CUMB-000058-000042-000000

Rhode Island Providence County Cumberland 02864 Ashton

1570 Mendon Rd, Cumberland, RI

This home is located at 1570 Mendon Rd, Cumberland, RI 02864 since 15 September 2016 and is currently estimated at $597,067, approximately $293 per square foot. This property was built in 1930. 1570 Mendon Rd is a home located in Providence County with nearby schools including Ashton School, Joseph L. McCourt Middle School, and Cumberland High 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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