Remi Lanoie
Yorway Realty
(401) 406-8889
107 Total Sales
1 in Fairmount
$405,000 Price
188 1st Ave Woonsocket, RI 02895
Fairmount Neighborhood
15
Beds
6
Baths
5,148
Sq Ft
5,662
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- 2-minute walk to Costa Park
- Bathtub with Shower
About This Home
As of December 2023Situated in the Fairmount neighborhood of Woonsocket, you'll find 188 First Avenue, an enchanting 4-family residence featuring a diverse array of living spaces. Among its offerings, you'll discover a spacious 6-bedroom townhouse apartment, a cozy 5-bedroom townhouse apartment, and two accommodating 2-bedroom apartments. Each tenant pays their own electric and heat. The property's strategic placement, mere moments from the Massachusetts state line, promises unparalleled convenience. 188 First Avenue is ideally located with schools, amenities, and major highways in close proximity, rendering it an exceptional investment opportunity or a delightful place to call home. Do not let the opportunity to unlock the full potential of this versatile property pass you by. Whether you seek an excellent investment property with the promise of substantial income or the chance to reside in one of the generously-sized townhouse apartments while earning rental income from other tenants, this residence offers limitless possibilities. There will be multiple group showings each week.
Seller prefers "as is" sale.
Last Agent to Sell the Property
REMAX Revolution Brokerage Phone: 401-921-5011 License #RES.0043610 Listed on: 10/18/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,718
Year Built
- Built in 1900
Lot Details
- 5,662 Sq Ft Lot
Parking
- No Garage
Home Design
- Brick Foundation
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 5,148 Sq Ft Home
- 3-Story Property
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 15 Bedrooms
- 6 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 188FIRSTAVWOON
Community Details
Overview
- 4 Units
- Fairmount Subdivision
Building Details
- Operating Expense $19,193
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Dec 1, 2023
Sold by
Simeone Carol A and Ciotola Donald M
Bought by
Seller's Agent
Holly Regoli
REMAX Revolution
Buyer's Agent
Nelson Taylor
Compass
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,052
Outstanding Balance
$398,132
Interest Rate
6.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 19, 1990
Sold by
Dean Co Op Bk
Bought by
Because He Lives Minis
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairmount, RI
-
Remi Lanoie
-
Sean Cardoso
Sean Cardoso
Century 21 Envoy
(401) 389-4092
23 Total Sales
2 in Fairmount
$375K - $525K Price Range
-
Darlene Palladini
Darlene Palladini
REMAX Revolution
(401) 567-2832
24 Total Sales
1 in Fairmount
$299,900 Price
-
Lydia Tavares
Lydia Tavares
Citylight Homes
(508) 980-2436
24 Total Sales
1 in Fairmount
$290,000 Price
-
Jeffrey Infante
Jeffrey Infante
Real Broker, LLC
(401) 992-5012
94 Total Sales
3 in Fairmount
$338K - $345K Price Range
-
Tina Rose
Tina Rose
Salzberg Real Estate Agency
(401) 600-2561
37 Total Sales
3 in Fairmount
$370K - $525K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $480,000 | None Available | ||
| Because He Lives Minis | $79,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $410,052 | ||
| Previous Owner | Simeone Carol A | $75,799 | |
| Previous Owner | Simeone Carol A | $115,600 | |
| Closed | Simeone Carol A | $107,000 | |
| Previous Owner | Ciotola Donald M | $105,500 | |
| Previous Owner | Because He Lives Minis | $71,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $480,000 | +6.7% | $93 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | For Sale | $450,000 | -- | $87 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,933 | $439,300 | $90,200 | $349,100 |
| 2024 | $4,887 | $336,100 | $90,200 | $245,900 |
| 2023 | $4,699 | $336,100 | $90,200 | $245,900 |
| 2022 | $4,699 | $336,100 | $90,200 | $245,900 |
| 2021 | $4,292 | $180,700 | $36,300 | $144,400 |
| 2020 | $4,337 | $180,700 | $36,300 | $144,400 |
| 2018 | $4,351 | $180,700 | $36,300 | $144,400 |
| 2017 | $3,883 | $129,000 | $40,300 | $88,700 |
| 2016 | $4,107 | $129,000 | $40,300 | $88,700 |
| 2015 | $4,719 | $129,000 | $40,300 | $88,700 |
| 2014 | $4,719 | $131,300 | $44,300 | $87,000 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Regoli
Seller's Agent in 2023
Holly Regoli
REMAX Revolution
(401) 524-3948
1 in this area
59 Total Sales
-
Nelson Taylor
Buyer's Agent in 2023
Nelson Taylor
Compass
(401) 214-1524
1 in this area
569 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1346129
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