NOT LISTED FOR SALE

172 Forbes St Unit 174 Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $453,000 - $651,466

4 Beds
3 Baths
2,082 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $325,000 $156 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,700/month

36 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Tennis Courts
  • Wooded Lot
  • Game Room
  • 2 Car Detached Garage

About This Home

As of December 2018

This new listing has a unique twist on multi family living. The main house is ready for a family to simply turn the key and move in. The bonus apartment in the rear of the property offers privacy and space galore. The first level offers an open floor plan, kitchen has stainless steel appliances, ample counter space and plenty of cabinets. The spacious dining area offers almost floor to ceiling windows allowing for natural light to flood the area. The abundance of light continues throughout the nearby living room. The fourth room on this level could serve as a bedroom for absolute one floor living; a cozy den or home office. Glass sliding doors offer a quick escape to a large, private deck off the back of the home. Upstairs, two large identical good sized bedrooms await. One has an open concept closet design, the other boasting a California closet insert sharing a full bath. The basement area is ideal for a family room, children's playroom or man cave. Newly painted walls and lustrous white wainscoting, ceiling tiles and trim make this space quite inviting. The apartment space on the property, with private entrance is over a roomy two car garage. It would be ideal for an au pair, in-law or rental property. The space, which is over 400 square feet offers a large bedroom, living room and modern kitchen. New additions include a shingle roof and a Viessman high efficiency heat and hot water system.

Last Agent to Sell the Property

Beth Davis

Mott & Chace Sotheby's Intl. License #RES.0019528 Listed on: 10/05/2018

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Beth Davis

Coleman Realtors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,703

Year Built

  • Built in 1994

Lot Details

  • 0.29 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Game Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 172174FORBESSTEPRO

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Riverside Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,703

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 2082.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1994
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Game Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • 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: 12540.0
  • Parcel #: 172174FORBESSTEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5703.0
  • Tax Block: 1
  • Tax Lot: 5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 11, 2018
Sold by
Telfer Ann S
Bought by
Connors Sandra J and Connors William J
Seller's Agent
Beth Davis
Mott & Chace Sotheby's Intl.
Buyer's Agent
Beth Davis
Coleman Realtors, Inc.
List Price
$329,500
Sold Price
$325,000
Premium/Discount to List
-$4,500
-1.37%
Current Estimated Value
$575,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,617
Avg. Annual Appreciation
8.53%
Original Mortgage
$260,000
Outstanding Balance
$228,618
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$346,999

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 1, 2015
Sold by
Fournier Craig S
Bought by
Telfer Ann S
Seller's Agent
Scott Nagy
Milestone Realty, Inc.
Buyer's Agent
Beth Davis
Mott & Chace Sotheby's Intl.
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$130,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Hsbc Bank Usa
Bought by
Fournier Craig S

Purchase Details

Closed on
Jan 8, 2008
Sold by
Buckett Michael
Bought by
New Century Mortgage C

Purchase Details

Closed on
Apr 5, 2005
Sold by
Adams Alan J
Bought by
Buckett Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Connors Sandra J $325,000 --
Connors Sandra J $325,000 --
Telfer Ann S $270,000 --
Fournier Craig S $255,000 --
New Century Mortgage C $313,000 --
Buckett Michael $375,000 --
Telfer Ann S $270,000 --
Fournier Craig S $255,000 --
New Century Mortgage C $313,000 --
Buckett Michael $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors Sandra J $260,000
Closed Connors Sandra J $260,000
Previous Owner Buckett Michael $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2018 12/11/18 Sold $325,000 -1.4% $156 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $329,500 +22.0% $158 / Sq Ft
07/01/2015 07/01/15 Sold $270,000 0.0% $133 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $269,900 -- $133 / 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 $8,037 $614,900 $140,200 $474,700
2024 $7,371 $480,800 $0 $0
2023 $7,097 $480,800 $116,800 $364,000
2022 $6,309 $288,600 $61,600 $227,000
2021 $6,205 $288,600 $61,400 $227,200
2020 $5,942 $288,600 $61,400 $227,200
2019 $5,778 $288,600 $61,400 $227,200
2018 $5,704 $249,300 $59,900 $189,400
2017 $5,577 $249,300 $59,900 $189,400
2016 $5,549 $249,300 $59,900 $189,400
2015 $5,799 $252,700 $55,500 $197,200
2014 -- $246,400 $55,500 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1204280

State-Wide MLS

APN: EPRO-000511-000001-000005