NOT LISTED FOR SALE

18 Garfield Ave Unit 20 Rumford, RI 02916

Phillipsdale Neighborhood

Estimated Value: $511,304 - $620,000

5 Beds
2 Baths
4,126 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $363,600 $88 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,493/month

37 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Recreation Facilities
  • 0.34 Acre Lot
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of April 2021

A fabulous investment opportunity awaits! This wonderful two-family home is in desirable Rumford and is perfect to for an owner to reside in while producing tenant income. Owned by the same family since 1967, this two-family's first unit is spacious and features hardwoods, eat in kitchen with dining area, high ceilings and sliders to deck. The second cozy unit boasts a kitchen with stainless steel appliance, double living room and private entrance. Also featuring a full basement with walk out to patio, shed and young roof. Pride of ownership is evident in this home! On a large 14,000+ SF lot. A wonderful investment!

Last Agent to Sell the Property

Patty Bain

RE/MAX River's Edge License #RES.0031718 Listed on: 02/05/2021

RE/MAX River's Edge

Last Buyer's Agent

CC Wall Team

Residential Properties, Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1896

Lot Details

  • 0.34 Acre Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 4,126 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 015 / 05
  • Assessor Parcel Number 1820GARFIELDAVEPRO

Community Details

Overview

  • 2 Units
  • Rumford Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Subdivision Name: Rumford
  • Above Grade Finished Sq Ft: 4126.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1896
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Block, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 1820GARFIELDAVEPRO
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4729.11
  • Tax Block: 05
  • Tax Lot: 015
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Borgmann Atsuko S
Bought by
Borgmann Atsuko S
Current Estimated Value
$553,576

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 10, 2021
Sold by
Phillips-Ramos Tamre J and Phillips-Mullen Laurie
Bought by
Borgmann Atsuko S and Borgmann Karl
Seller's Agent
Patty Bain
RE/MAX River's Edge
Buyer's Agent
CC Wall Team
Residential Properties, Ltd.
List Price
$359,000
Sold Price
$363,600
Premium/Discount to List
$4,600
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$309,060
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 10, 1998
Sold by
Slater Investments
Bought by
Racine George and Racine Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1998
Sold by
Lms Assoc Inc
Bought by
Slater Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.04%
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
Borgmann Atsuko S -- None Available
Borgmann Atsuko S -- None Available
Borgmann Atsuko S -- None Available
Borgmann Atsuko S -- None Available
Borgmann Atsuko S -- None Available
Racine George $110,000 --
Racine George $110,000 --
Slater Investments Llc $47,500 --
Slater Investments Llc $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borgmann Atsuko S $309,060
Previous Owner Slater Investments Llc $88,000
Previous Owner Slater Investments Llc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $363,600 +1.3% $88 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $359,000 -- $87 / 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 $5,784 $377,300 $147,200 $230,100
2023 $5,569 $377,300 $147,200 $230,100
2022 $5,771 $264,000 $73,700 $190,300
2021 $5,676 $264,000 $72,400 $191,600
2020 $5,436 $264,000 $72,400 $191,600
2019 $5,285 $264,000 $72,400 $191,600
2018 $4,958 $216,700 $66,200 $150,500
2017 $4,848 $216,700 $66,200 $150,500
2016 $4,824 $216,700 $66,200 $150,500
2015 $4,227 $184,200 $63,100 $121,100
2014 $4,227 $184,200 $63,100 $121,100
Source: Public Records

Agents Affiliated with this Home

  • Patty Bain

    Seller's Agent in 2021

    Patty Bain

    RE/MAX River's Edge

    (401) 965-4822

    4 in this area

    185 Total Sales

    Patty Bain
    Section Image
  • CC Wall Team

    Buyer's Agent in 2021

    CC Wall Team

    Residential Properties, Ltd.

    (401) 965-2005

    1 in this area

    7 Total Sales

    CC Wall Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1274162

State-Wide MLS

APN: EPRO-000303-000005-000015

Rhode Island Providence County Rumford 02916 Phillipsdale

18 Garfield Ave Unit 20, Rumford, RI

This home is located at 18 Garfield Ave Unit 20, Rumford, RI 02916 since 05 February 2021 and is currently estimated at $553,576, approximately $134 per square foot. This property was built in 1896. 18 Garfield Ave Unit 20 is a home located in Providence County with nearby schools including East Providence High School, St Margaret School, and Ocean State Montessori School.

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