NOT LISTED FOR SALE

162 2nd Ave Woonsocket, RI 02895

Fairmount Neighborhood

Estimated Value: $537,871 - $576,000

8 Beds
3 Baths
3,096 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $385,000 $124 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,393/month

11 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Bathtub with Shower
  • 2-minute walk to Costa Park

About This Home

As of July 2021

Excellent opportunity to own this well-kept 3 Family Home. Great for Owner occupied or Investment property. Fully rented, Month to Month Tenants. All units have separate utilities. Partially finished Basement. 2 Car Garage. Fenced Backyard with Plenty of Parking for 6 Cars. Conveniently located near many amenities and Highway access to 295 and 146.

Last Agent to Sell the Property

Milagros Pereira

Excel Companies License #RES.0034289 Listed on: 06/19/2021

Last Buyer's Agent

Milagros Pereira

Excel Companies License #RES.0034289 Listed on: 06/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1930

Lot Details

  • 5,502 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 12
  • Assessor Parcel Number 162SECONDAVWOON

Community Details

Overview

  • 3 Units
  • Fairmount Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,919

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1263
  • Subdivision Name: Fairmount
  • Above Grade Finished Sq Ft: 3096.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Other
  • Interior Amenities: Attic, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, 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: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • 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, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5502.0
  • Parcel #: 162SECONDAVWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3919.0
  • Tax Lot: 12
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jul 30, 2021
Sold by
Bello Glenny G
Bought by
Ceballos Manuel G
Seller's Agent
Milagros Pereira
Excel Companies
Buyer's Agent
Milagros Pereira
Excel Companies
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$558,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,218
Avg. Annual Appreciation
9.13%
Original Mortgage
$378,026
Outstanding Balance
$343,897
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$214,321

Purchase Details

Closed on
Oct 11, 2017
Sold by
Severino Susana A
Bought by
Bello Glenny G

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jul 13, 2017
Sold by
Clark Harrison Realty
Bought by
Bello Glenny G and Severino Susana A
Seller's Agent
Paul Harrison
RE/MAX Properties
Buyer's Agent
Milagros Pereira
Excel Companies
List Price
$156,900
Sold Price
$160,000
Premium/Discount to List
$3,100
1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$157,102
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2008
Sold by
Wells Fargo Bank Na
Bought by
Clark Harrison Rlty

Purchase Details

Closed on
Dec 26, 2001
Sold by
Mahoney Phyllis and Linton John E
Bought by
Adisa Emanuel
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
Ceballos Manuel G $385,000 None Available
Ceballos Manuel G $385,000 None Available
Bello Glenny G -- --
Bello Glenny G -- --
Bello Glenny G $160,000 --
Bello Glenny G $160,000 --
Clark Harrison Rlty $68,000 --
Clark Harrison Rlty $68,000 --
Adisa Emanuel $95,500 --
Adisa Emanuel $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceballos Manuel G $378,026
Closed Ceballos Manuel G $378,026
Previous Owner Bello Glenny G $157,102
Previous Owner Adisa Emanuel $261,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $385,000 -2.5% $124 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $395,000 +146.9% $128 / Sq Ft
07/13/2017 07/13/17 Sold $160,000 +2.0% $32 / Sq Ft View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $156,900 -- $31 / 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 $5,482 $377,000 $90,200 $286,800
2023 $5,270 $377,000 $90,200 $286,800
2022 $5,270 $377,000 $90,200 $286,800
2021 $3,878 $163,300 $36,300 $127,000
2020 $3,919 $163,300 $36,300 $127,000
2018 $3,932 $163,300 $36,300 $127,000
2017 $5,264 $174,900 $40,300 $134,600
2016 $5,569 $174,900 $40,300 $134,600
2015 $6,398 $174,900 $40,300 $134,600
2014 $6,067 $168,800 $44,300 $124,500
Source: Public Records

Agents Affiliated with this Home

  • Milagros Pereira

    Seller's Agent in 2021

    Milagros Pereira

    Excel Companies

    (401) 641-2069

    1 in this area

    88 Total Sales

    Milagros Pereira
    Section Image

  • P

    Seller's Agent in 2017

    Paul Harrison

    RE/MAX Properties

    (401) 473-7059

    46 Total Sales

    Paul Harrison
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1286052

State-Wide MLS

APN: WOON-000006D-000130-000012

Rhode Island Providence County Woonsocket 02895 Fairmount

162 2nd Ave, Woonsocket, RI

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