NOT LISTED FOR SALE

17 Forest Ave Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $499,597 - $647,000

6 Beds
2 Baths
2,618 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $295,000 $113 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,519/month

26 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • 2 Car Detached Garage
  • Cumberland High School Rated 9+
  • Tennis Courts
  • Laundry Room

About This Home

As of March 2018

Spacious two family in Cumberland. Each unit offers 3 bedrooms, 1 bath, double living room, eat-in kitchen, sunroom, and hardwood floors with 1,309 square feet of living space. 2nd floor unit has access to walkup attic for extra storage or could easily be finished for more living space. Plenty of parking with two driveways and a two car garage.

Last Agent to Sell the Property

Paul Zarrella

Williams & Stuart Real Estate License #REB.0015470 Listed on: 01/24/2018

Last Buyer's Agent

Susan Henderson

Re/Max Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 1932

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,618 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 196
  • Assessor Parcel Number 1719FORESTAVCUMB

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,577

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Above Grade Finished Sq Ft: 2618.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

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, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 1719FORESTAVCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3577.0
  • Tax Lot: 196
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 23, 2018
Sold by
Luttge Greg W
Bought by
Chan Robert
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Susan Henderson
Re/Max Town & Country
List Price
$279,900
Sold Price
$295,000
Premium/Discount to List
$15,100
5.39%
Current Estimated Value
$584,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,649
Avg. Annual Appreciation
9.13%
Original Mortgage
$288,864
Outstanding Balance
$247,181
Interest Rate
4.32%
Mortgage Type
FHA
Estimated Equity
$337,468

Purchase Details

Closed on
Dec 8, 2006
Sold by
Luttge Greg W
Bought by
Patalano Investments L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.24%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Haupt Milton F
Bought by
Patalano Investments L

Purchase Details

Closed on
Sep 14, 2006
Sold by
Luttege Greg W
Bought by
Patalano Investments L
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chan Robert $295,000 --
Patalano Investments L $7,748 --
Patalano Investments L $4,537 --
Patalano Investments L $6,728 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patalano Investments L $288,864
Previous Owner Patalano Investments L $238,225
Previous Owner Patalano Investments L $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2018 03/22/18 Sold $295,000 +5.4% $113 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $279,900 -- $107 / 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 $5,536 $451,200 $95,900 $355,300
2024 $5,392 $451,200 $95,900 $355,300
2023 $5,243 $451,200 $95,900 $355,300
2022 $3,906 $260,600 $70,300 $190,300
2021 $3,841 $260,600 $70,300 $190,300
2020 $3,732 $260,600 $70,300 $190,300
2019 $3,735 $235,200 $60,700 $174,500
2018 $467 $235,200 $60,700 $174,500
2017 $3,577 $235,200 $60,700 $174,500
2016 $3,348 $196,000 $63,800 $132,200
2015 $3,348 $196,000 $63,800 $132,200
2014 $3,348 $196,000 $63,800 $132,200
2013 $3,328 $210,900 $67,300 $143,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Zarrella

    Seller's Agent in 2018

    Paul Zarrella

    Williams & Stuart Real Estate

    (401) 398-2100

    131 Total Sales

    Paul Zarrella
    Section Image

  • S

    Buyer's Agent in 2018

    Susan Henderson

    RE/MAX

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1181373

State-Wide MLS

APN: CUMB-000003-000196-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

17 Forest Ave, Cumberland, RI

Not Listed for Sale

MultiFamily

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes