NOT LISTED FOR SALE

Estimated Value: $453,324 - $548,000

6 Beds
2 Baths
4,150 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $385,000 $93 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,145/month

36 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Bathtub with Shower
  • Wood Flooring
  • 1 Car Detached Garage
  • Public Transportation

About This Home

As of July 2022

HIGHEST AND BEST DUE 6/6/22 BY 3:00 PM. PLEASE ATTACH OFFER COVER SHEET. Welcome to 18 Arlington Street in East Providence, Rhode Island! Centrally located in the well-established Pierce Field neighborhood. This multi-family bungalow style home is suitable for not only an investor, but an owner occupant or someone looking to accommodate a multi-generational living environment much like the home would have been used for during the WW II era of the 1930's. The square footage captures two generously sized 3 bedroom one bath units with hardwoods throughout. Each unit has fun little nooks with access to plenty of natural light making for a great home office space. Both--with long-term tenants and rental income below local market value. Utilize the detached garage. Or, turn that into additional income as well. Each unit operates independent of the other with it's own electric service, heat and hot water tanks. A quaintly sized yard, which lends to lower maintenance and expense, will allow you to free up plenty of time to enjoy the local restaurant scene, take a jaunt along the East Bay bike path, or make your way into the city of Providence for an even bigger array of arts, culture and cuisine. Commuters will love this location. You will too! At this price point, take advantage of home ownership!

Last Agent to Sell the Property

Melissa Casey

Lamacchia Realty, Inc License #RES.0045084 Listed on: 05/31/2022

Lamacchia Realty, Inc

Last Buyer's Agent

Isabel Amado

SD Realty Associates License #RES.0041628

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Aluminum Siding

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 28 / 003
  • Assessor Parcel Number 18ARLINGTONSTEPRO

Community Details

Overview

  • 2 Units
  • Pierce Field Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,504

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Inclusions: "Property is being sold As-Is, Seller & Broker make no representations or warranties. The information herein is subject to revision. Buyer & Buyer Rep is advised to perform due diligence, inspection, verification of condition & contract terms prior to closing." Neighboring property, 16 Arlington Street, is also for sale MLS #: 1311469
  • Subdivision Name: Pierce Field
  • Above Grade Finished Sq Ft: 4150.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 18ARLINGTONSTEPRO
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4504.25
  • Tax Block: 003
  • Tax Lot: 28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 26, 2022
Sold by
Dld Llc
Bought by
Gomes Monica M
Seller's Agent
Melissa Casey
Lamacchia Realty, Inc
Buyer's Agent
Isabel Amado
SD Realty Associates
List Price
$369,900
Sold Price
$385,000
Premium/Discount to List
$15,100
4.08%
Current Estimated Value
$494,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,331
Avg. Annual Appreciation
9.12%
Original Mortgage
$378,026
Outstanding Balance
$363,115
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,681

Purchase Details

Closed on
Mar 4, 2015
Sold by
Deccaporale Denise
Bought by
Dld Llc
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
Gomes Monica M $385,000 None Available
Gomes Monica M $385,000 None Available
Dld Llc -- --
Dld Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomes Monica M $378,026
Closed Gomes Monica M $378,026
Previous Owner Decaporale Denise L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $385,000 +4.1% $93 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $369,900 -- $89 / 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 $5,425 $353,900 $71,300 $282,600
2023 $5,224 $353,900 $71,300 $282,600
2022 $4,580 $209,500 $40,400 $169,100
2021 $4,504 $209,500 $37,400 $172,100
2020 $4,314 $209,500 $37,400 $172,100
2019 $4,194 $209,500 $37,400 $172,100
2018 $4,162 $181,900 $39,300 $142,600
2017 $4,069 $181,900 $39,300 $142,600
2016 $4,049 $181,900 $39,300 $142,600
2015 $4,195 $182,800 $48,500 $134,300
2014 $4,195 $182,800 $48,500 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1311435

State-Wide MLS

APN: EPRO-000206-000028-000003-000010