NOT LISTED FOR SALE

16 Lincoln St Smithfield, RI 02917

Estimated Value: $483,000 - $618,000

8 Beds
2 Baths
2,745 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $230,000 $84 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,581/month

33 Days on Market

Highlights

  • Wood Flooring
  • Vincent J. Gallagher Middle School Rated A-
  • Baseboard Heating

About This Home

As of April 2019

Outstanding Opportunity in Smithfield! Great potential for two income producing units. Hardwood floors throughout. Spacious yard. Property is sold AS IS

Last Agent to Sell the Property

Amy Rio

Executive Real Estate, Inc. License #REB.0016739 Listed on: 02/21/2019

Executive Real Estate, Inc.

Last Buyer's Agent

April Holland

Keller Williams Leading Edge License #RES.0043718

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Garage
  • No Garage

Home Design

  • Plaster

Interior Spaces

  • 2,745 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • No Cooling
  • Baseboard Heating
  • Electricity Not Available
  • Water Not Available
  • No Hot Water
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 034a
  • Assessor Parcel Number 16LINCOLNSTSMTH

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,995

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Above Grade Finished Sq Ft: 2745.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: No Hot Water
  • Has Basement: None
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, None
  • Heating Yn: No
  • Electric: None
  • Electricity On Property: No
  • Sewer: None
  • Utilities: Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 16LINCOLNSTSMTH
  • Zoning: r20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3995.0
  • Tax Lot: 034a
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 25, 2019
Sold by
Meul Ranny
Bought by
Lamidi Titilayo
Seller's Agent
Amy Rio
Executive Real Estate, Inc.
Buyer's Agent
April Holland
Keller Williams Leading Edge
List Price
$278,000
Sold Price
$230,000
Premium/Discount to List
-$48,000
-17.27%
Current Estimated Value
$556,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,004
Avg. Annual Appreciation
14.84%
Original Mortgage
$11,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 25, 2014
Closed on
Feb 5, 2015
Sold by
Freddie Mac
Bought by
Muel Ranny
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Jim Kacewicz
RE/MAX 1st Choice
List Price
$149,900
Sold Price
$90,000
Premium/Discount to List
-$59,900
-39.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.90%
Original Mortgage
$174,094
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2013
Sold by
Mastalerz Michael M and Ocwen Loan Servicing L
Bought by
Fhlmc

Purchase Details

Closed on
Jul 19, 2012
Sold by
Amy Realty
Bought by
Mastalerz Michael

Purchase Details

Closed on
May 13, 2005
Sold by
Gesualdi Peter
Bought by
Mastalerz Michael

Purchase Details

Closed on
Nov 19, 2004
Sold by
Whalen Susan
Bought by
Gesualdi Peter
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lamidi Titilayo $220,000 --
Lamidi Titilayo $220,000 --
Muel Ranny -- --
Muel Ranny -- --
Fhlmc $171,500 --
Fhlmc $171,500 --
Mastalerz Michael $3,226 --
Mastalerz Michael $3,226 --
Mastalerz Michael $280,000 --
Mastalerz Michael $280,000 --
Gesualdi Peter $183,000 --
Gesualdi Peter $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamidi Titilato $340,000
Closed Lamidi Titilayo $11,500
Closed Lamidi Titilayo $317,185
Closed Lamidi Titilayo $317,185
Previous Owner Muel Ranny $174,094
Previous Owner Homeles People To End $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $230,000 -17.3% $84 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $278,000 +208.9% $101 / Sq Ft
02/04/2015 02/04/15 Sold $90,000 -40.0% $33 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
06/25/2014 06/25/14 For Sale $149,900 -- $55 / 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 $6,895 $556,500 $162,300 $394,200
2024 $6,001 $415,600 $149,000 $266,600
2023 $5,702 $415,600 $149,000 $266,600
2022 $5,552 $415,600 $149,000 $266,600
2021 $5,120 $298,900 $133,200 $165,700
2020 $5,025 $298,900 $133,200 $165,700
2019 $4,927 $293,100 $133,200 $159,900
2018 $3,995 $227,500 $86,400 $141,100
2017 $3,986 $227,000 $86,400 $140,600
2016 $3,794 $226,800 $86,400 $140,400
2015 $4,605 $262,100 $75,800 $186,300
2012 $4,486 $280,000 $89,200 $190,800
Source: Public Records

Agents Affiliated with this Home

  • Amy Rio

    Seller's Agent in 2019

    Amy Rio

    Executive Real Estate, Inc.

    (860) 916-6048

    1,228 Total Sales

    Amy Rio
    Section Image
  • April Holland

    Buyer's Agent in 2019

    April Holland

    Keller Williams Leading Edge

    (401) 699-3209

    1 in this area

    106 Total Sales

    April Holland
    Section Image
  • Joy Riley

    Seller's Agent in 2015

    Joy Riley

    Westcott Properties

    (401) 952-7887

    2 in this area

    318 Total Sales

    Joy Riley
    Section Image
  • Jim Kacewicz

    Buyer's Agent in 2015

    Jim Kacewicz

    RE/MAX 1st Choice

    (401) 943-6111

    27 Total Sales

    Jim Kacewicz
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1215662

State-Wide MLS

APN: SMIT-000024-000000-000034A

Rhode Island Providence County Smithfield 02917

16 Lincoln St, Smithfield, RI

This home is located at 16 Lincoln St, Smithfield, RI 02917 since 21 February 2019 and is currently estimated at $556,004, approximately $202 per square foot. This property was built in 1940. 16 Lincoln St is a home located in Providence County with nearby schools including Old County Road School, Vincent J. Gallagher Middle School, and Smithfield 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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