NOT LISTED FOR SALE

16 Marlborough St East Greenwich, RI 02818

Downtown East Greenwich Neighborhood

Estimated Value: $453,000 - $538,000

4 Beds
2 Baths
1,198 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $213,000 $178 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,230/month

114 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Thermal Windows
  • James H. Eldredge Elementary School Rated A
  • Walking Distance to Water
  • Public Transportation

About This Home

As of February 2013

Delightful renovated 2 family home in Hill & Harbor area - Larger upstairs unit leased through April 2013. Separate lower level walkout one bed unit. Convenient, walk to Main Street & activities on Bay. See listing # 1027005

Last Agent to Sell the Property

Marilyn Kiesel

RE/MAX Professionals License #REB.0013813 Listed on: 10/03/2012

Last Buyer's Agent

Augustus Marsella

RE/MAX Professionals License #REB.0019645

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,989

Year Built

  • Built in 1920

Lot Details

  • 3,760

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,198 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 3,760 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 37
  • Assessor Parcel Number 16MARLBOROUGHSTEGRN

Community Details

Overview

  • 2 Units
  • Hill & Harbor Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,989

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0863
  • Subdivision Name: HILL & HARBOR
  • Above Grade Finished Sq Ft: 1198.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1198.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Common, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3760.0
  • Parcel #: 16MARLBOROUGHSTEGRN
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3989.0
  • Tax Lot: 37
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Feb 25, 2013
Sold by
Old Emily C
Bought by
Marsella Nicholas A
Seller's Agent
Marilyn Kiesel
RE/MAX Professionals
Buyer's Agent
Augustus Marsella
RE/MAX Professionals
List Price
$222,000
Sold Price
$213,000
Premium/Discount to List
-$9,000
-4.05%
Current Estimated Value
$501,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,999
Avg. Annual Appreciation
7.28%
Original Mortgage
$209,142
Outstanding Balance
$148,440
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$364,754

Purchase Details

Listed on
Oct 3, 2012
Closed on
Feb 7, 2013
Sold by
Sparks Blair W Jr Est and Old Emily C
Bought by
Old Emily C
Seller's Agent
Marilyn Kiesel
RE/MAX Professionals
Buyer's Agent
Augustus Marsella
RE/MAX Professionals
List Price
$222,000
Sold Price
$213,000
Premium/Discount to List
-$9,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,142
Outstanding Balance
$148,440
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$364,754

Purchase Details

Closed on
Nov 14, 2002
Sold by
Lambert Laurie L
Bought by
Sparks Blair W and Sparks Emily C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2000
Sold by
Marchant June
Bought by
Lambert Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,177
Interest Rate
8.16%
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 Buyer Sale Price Title Company
Marsella Nicholas A $213,000 --
Old Emily C -- --
Sparks Blair W $230,000 --
Lambert Laurie L $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsella Nicholas A $50,000
Open Lambert Laurie L $209,142
Previous Owner Lambert Laurie L $172,500
Previous Owner Lambert Laurie L $138,177
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $213,000 -4.1% $178 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $222,000 -- $185 / 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 $5,995 $407,000 $219,400 $187,600
2023 $6,103 $279,300 $175,500 $103,800
2022 $5,983 $279,300 $175,500 $103,800
2021 $5,868 $279,300 $175,500 $103,800
2020 $5,044 $215,300 $152,600 $62,700
2019 $4,997 $215,300 $152,600 $62,700
2018 $4,952 $215,300 $152,600 $62,700
2017 $4,356 $184,100 $112,600 $71,500
2016 $4,435 $184,100 $112,600 $71,500
2015 $4,282 $184,100 $112,600 $71,500
2014 $4,608 $198,100 $121,200 $76,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marilyn Kiesel

    RE/MAX Professionals

  • Augustus Marsella

    Buyer's Agent in 2013

    Augustus Marsella

    RE/MAX Professionals

    (401) 286-5931

    2 in this area

    56 Total Sales

    Augustus Marsella
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1027009

State-Wide MLS

APN: EGRE-000085-000001-000037

Rhode Island Kent County East Greenwich 02818 Downtown East Greenwich

16 Marlborough St, East Greenwich, RI

This home is located at 16 Marlborough St, East Greenwich, RI 02818 since 03 October 2012 and is currently estimated at $501,999, approximately $419 per square foot. This property was built in 1920. 16 Marlborough St is a home located in Kent County with nearby schools including James H. Eldredge Elementary School, East Greenwich High School, and Our Lady of Mercy School.

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