$160,000
SOLD JUL 21, 2015

159 Cross St Central Falls, RI 02863

7 Beds
3 Baths
3,507 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

6% Below List Price

79 Days on Market

Highlights

  • Wood Flooring
  • Shops
  • Forced Air Heating System
  • Public Transportation
  • Property near a hospital
  • Baseboard Heating

About This Home

As of October 2021

Property in Great Shape. Investors take notice! Many Upgrades. Easy Show

Last Agent to Sell the Property

Lydia Lopes

RE/MAX River's Edge License #RES.0024013 Listed on: 04/02/2015

RE/MAX River's Edge

Last Buyer's Agent

Lydia Lopes

Realty Quest Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1885

Lot Details

  • 5,358 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Combination Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 3,507 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 87-R
  • Assessor Parcel Number 159CROSSSTCFLS

Community Details

Overview

  • 3 Units
  • Cross Street Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.123
  • Co List Office Mls Id: RMAX37
  • Co List Office Phone: 401-433-5100
  • Subdivision Name: CROSS STREET
  • Above Grade Finished Sq Ft: 3507.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Living Area: 3507.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Assessment(s)

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5358.0
  • Parcel #: 159CROSSSTCFLS
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2800.0
  • Tax Lot: 87-R
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 18, 2021
Sold by
Cortez Irma Y
Bought by
Ortega Perez Odilia A and Jimenez Raul G
Seller's Agent
Marina Mencia
Keller Williams Leading Edge
Buyer's Agent
Renato De Lima
Innovations Realty
List Price
$395,000
Sold Price
$415,000
Premium/Discount to List
$20,000
5.06%
Current Estimated Value
$552,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,154
Avg. Annual Appreciation
7.81%
Original Mortgage
$9,000
Outstanding Balance
$7,100
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,822

Purchase Details

Listed on
Apr 2, 2015
Closed on
Jul 22, 2015
Sold by
Gomes Manuel F and Gomes Maria L
Bought by
Cortez Irma Y
Seller's Agent
Lydia Lopes
RE/MAX River's Edge
Buyer's Agent
Lydia Lopes
Realty Quest Group Inc
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$157,102
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1989
Sold by
Monastesse Gerard
Bought by
Gomes Manuel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,030
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $415,000 None Available
Warranty Deed $415,000 None Available
Warranty Deed $160,000 --
Warranty Deed $160,000 --
Warranty Deed $133,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,000 Purchase Money Mortgage
Open $407,483 FHA
Closed $407,483 FHA
Previous Owner $157,102 FHA
Previous Owner $103,802 No Value Available
Previous Owner $134,030 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $415,000 +5.1% $83 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $395,000 +146.9% $79 / Sq Ft
07/21/2015 07/21/15 Sold $160,000 -5.8% $46 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $169,900 -- $48 / 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 $7,520 $399,800 $79,500 $320,300
2023 $7,416 $399,800 $79,500 $320,300
2022 $6,981 $399,800 $79,500 $320,300
2021 $4,510 $189,800 $27,500 $162,300
2020 $4,496 $189,800 $27,500 $162,300
2019 $4,699 $189,800 $27,500 $162,300
2018 $3,849 $146,300 $26,500 $119,800
2017 $3,849 $146,300 $26,500 $119,800
2016 $3,794 $146,300 $26,500 $119,800
2015 $3,258 $117,900 $25,000 $92,900
2014 -- $117,900 $25,000 $92,900
2013 $3,032 $117,900 $25,000 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1091536

State-Wide MLS

APN: CENT-000005-000000-000087