NOT LISTED FOR SALE

16 Branch Ave North Smithfield, RI 02896

Estimated Value: $366,000 - $514,000

5 Beds
2 Baths
2,120 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $261,000 $123 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,724/month

20 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • North Smithfield Middle School Rated A-
  • Bathtub with Shower
  • Storage Room

About This Home

As of December 2019

Don't blink or you will miss the rare opportunity to own this great 2 family home located on quiet dead in North Smithfield. This property is perfect for either owner occupy or investor. First floor unit offers country pantry with a spacious eat in kitchen with new ceramic tile, fully applianced with refrigerator and stove, two spacious bedrooms, full bathroom with new ceramic tile, oversized living room with new laminate flooring. Second Floor offers pantry, spacious eat in kitchen with refrigerator and range, 3 bedrooms, full bath and living room. In the basement there is plenty of room for storage and each unit has their own laundry hookups. In the backyard there is a 2 car garage and small yard. New septic was installed in 2018. Conveniently located just minutes from RT 146. Call today to schedule your private showing today!

Last Agent to Sell the Property

Scott McGee

RE/MAX Properties Listed on: 10/15/2019

RE/MAX Properties

Co-Listed By

Christine Corriveau

RE/MAX Properties License #RES.0040989

Last Buyer's Agent

Jason Gelfuso

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 1916

Lot Details

  • 5,393

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • 5,393 Sq Ft Lot
  • Property near a hospital

Community Details

  • 4 Units
  • Shops

Listing and Financial Details

  • Tax Lot 262
  • Assessor Parcel Number 16BRANCHAVNSMF

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,044

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: RMAX19
  • Co List Office Phone: 401-232-3900
  • Above Grade Finished Sq Ft: 2120.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1916
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5393.0
  • Parcel #: 16BRANCHAVNSMF
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3044.0
  • Tax Lot: 262
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 5, 2019
Sold by
Esquaiqui Brett
Bought by
Mendoza Alexander J
Seller's Agent
Scott McGee
RE/MAX Properties
Buyer's Agent
Jason Gelfuso
List Price
$255,000
Sold Price
$261,000
Premium/Discount to List
$6,000
2.35%
Current Estimated Value
$439,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,973
Avg. Annual Appreciation
9.68%
Original Mortgage
$256,272
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 13, 2016
Closed on
Mar 17, 2017
Sold by
Gerard L Tellier 2009
Bought by
Esquiaqui Brett
Seller's Agent
Cynthia Corkum
Keller Williams Leading Edge
Buyer's Agent
Christine Corriveau
RE/MAX Properties
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Original Mortgage
$152,192
Interest Rate
4.19%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2009
Sold by
Tellier Gerard L
Bought by
Tellier Gerard L

Purchase Details

Closed on
Aug 10, 1978
Bought by
Tellier Ret
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 Buyer Sale Price Title Company
Mendoza Alexander J $261,000 None Available
Mendoza Alexander J $261,000 None Available
Esquiaqui Brett $155,000 --
Esquiaqui Brett $155,000 --
Tellier Gerard L -- --
Tellier Gerard L -- --
Tellier Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Alexander J $300,000
Closed Mendoza Alexander J $256,272
Previous Owner Tellier Ret $152,192
Previous Owner Tellier Ret $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $261,000 +2.4% $123 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $255,000 +64.5% $120 / Sq Ft
03/17/2017 03/17/17 Sold $155,000 -11.4% $73 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
07/13/2016 07/13/16 For Sale $174,900 -- $83 / 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 $3,972 $268,900 $48,400 $220,500
2023 $3,832 $268,900 $48,400 $220,500
2022 $3,740 $268,900 $48,400 $220,500
2021 $3,126 $191,900 $45,800 $146,100
2020 $3,126 $191,900 $45,800 $146,100
2019 $3,045 $191,900 $45,800 $146,100
2018 $3,046 $176,700 $48,100 $128,600
2017 $2,972 $176,700 $48,100 $128,600
2016 $2,891 $176,700 $48,100 $128,600
2015 $2,987 $179,100 $51,300 $127,800
2014 $2,869 $179,100 $51,300 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1238942

State-Wide MLS

APN: NSMI-000005-000000-000262