Seller's Agent in 2019
Ed D'Agostino
New Market Realty
(401) 480-7483
2 in this area
59 Total Sales
16 Chambers St Cumberland, RI 02864
Valley Falls NeighborhoodEstimated Value: $567,000 - $723,000
7
Beds
3
Baths
5,860
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Recreation Facilities
- Cedar Closet
- Cumberland High School Rated 9+
- 2 Car Detached Garage
- Bathtub with Shower
About This Home
As of November 2019Rare and great opportunity for owner occupied or investment! Never before offered on the market, this THREE Family consists of TWO separate homes, the front house is a TWO family and the THIRD unit is a SINGLE family home located toward the back of the property. The two family (front house) has a 2 bedroom 1 bath unit on the first floor with 875 sq/ft of living space . The second floor unit consists of two floors has 1500 sq/ft of living space and offers 3 bedrooms and 1 bath. The single family home (back house) has 1487 sq/ft of living space offers 2 beds and 1 full bath. This property located in Valley Falls is a true rare find, the property contains two separate homes, a 2 car garage, driveway/parking all on a 9,148 sq/ft lot. This property is conveniently located close to all conveniences, commuter train, shopping, schools, highways, Blackstone River bike path,etc. Owner occupants don't miss the chance to live in your own single family home while collecting rents from the 2-family home on the front of the property. Current rents are low for the area's market rents.
Last Agent to Sell the Property
New Market Realty License #RES.0029999 Listed on: 09/16/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,565
Year Built
- Built in 1910
Lot Details
- 9,148 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Brick Foundation
- Combination Foundation
- Wood Siding
- Shingle Siding
- Plaster
Interior Spaces
- 5,860 Sq Ft Home
- 3-Story Property
- Storage Room
- Laundry Room
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- Cedar Closet
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Oil
- Baseboard Heating
- 200+ Amp Service
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 0147
- Assessor Parcel Number 1618CHAMBERSSTCUMB
Community Details
Overview
- 2 Buildings
- 4 Units
- Valley Falls Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2019
Closed on
Nov 19, 2019
Sold by
Michalopoulos Sharon A and Ferreira Nancy A
Bought by
Lopes Kelvin V
Seller's Agent
Ed D'Agostino
New Market Realty
Buyer's Agent
Ed D'Agostino
New Market Realty
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
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
$264,393
Avg. Annual Appreciation
9.82%
Original Mortgage
$353,479
Outstanding Balance
$310,347
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$314,046
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 |
|---|---|---|---|
| Lopes Kelvin V | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopes Kelvin V | $353,479 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2019 11/20/19 | Sold | $360,000 | -5.2% | $61 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | For Sale | $379,900 | -- | $65 / Sq Ft |
Source: State-Wide MLS
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 |
|---|---|---|---|---|
| 2025 | $6,079 | $495,400 | $109,700 | $385,700 |
| 2024 | $5,920 | $495,400 | $109,700 | $385,700 |
| 2023 | $5,757 | $495,400 | $109,700 | $385,700 |
| 2022 | $4,509 | $300,800 | $72,500 | $228,300 |
| 2021 | $4,434 | $300,800 | $72,500 | $228,300 |
| 2020 | $4,307 | $300,800 | $72,500 | $228,300 |
| 2019 | $3,671 | $231,200 | $54,100 | $177,100 |
| 2018 | $807 | $231,200 | $54,100 | $177,100 |
| 2017 | $3,517 | $231,200 | $54,100 | $177,100 |
| 2016 | $4,039 | $236,500 | $61,500 | $175,000 |
| 2015 | $4,039 | $236,500 | $61,500 | $175,000 |
| 2014 | $4,039 | $236,500 | $61,500 | $175,000 |
| 2013 | $4,355 | $276,000 | $63,900 | $212,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ed D'Agostino
Map
Source: State-Wide MLS
MLS Number: 1235210
APN: CUMB-000003-000147-000000
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