NOT LISTED FOR SALE

Estimated Value: $606,000 - $641,186

6 Beds
3 Baths
3,175 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $515,000 $162 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,762/month

6 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Bathtub with Shower
  • Corner Lot
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of June 2023

Get ready to be stopped in your tracks!! This awesome 3 family home has it all. The building includes 3 great sized units each consisting of 2 bedrooms and one 1 bath featuring many updates such a gorgeous hardwood floors and double parlours. Kitchens and baths have been fully remodeled within the past 3 years. The property also features a detached 2 car garage with two separated garage bays perfect for additional income as well as plenty of off street parking for your tenants! Currently only one garage bay is being rented out. In addition to the two car garage the onsite coin op laundry machines can bring in additional income for the new owner. This makes a great property to add to your investment portfolio or as a first investment whether looking to owner occupy one unit or continue to rent out all 3 units. This property will NOT last, don't miss out on your chance to own a great income producing property! Any and all offers will be due by 5pm Monday 05/01/2023

Last Agent to Sell the Property

Reza Lashkari

Real Broker, LLC License #RES.0044054 Listed on: 04/26/2023

Real Broker, LLC

Last Buyer's Agent

Derek Viveiros

Amaral & Associaties RE, Inc. License #RES.0044423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,175 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Water Heater Leased
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1516
  • Assessor Parcel Number 192CENTRALAVPAWT

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $6,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,778

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Inclusions: Any and all offers will be due by 5pm Monday 05/01/2023 and will be reviewed that evening. Please submit complete offer package including executed Rhode Island Residential Purchase Contract, executed Agency Disclosure, executed Sellers Disclosure, executed Lead Paint disclosure and proof of funds/ pre-approval.
  • Above Grade Finished Sq Ft: 3175.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Water Heater Rented, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • 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, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 192CENTRALAVPAWT
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6876.0

Tax Info

  • Tax Annual Amount: 4778.0
  • Tax Lot: 1516
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 2, 2023
Sold by
Bairos Dereck C
Bought by
Lopes James M and Lopes Lori A
Seller's Agent
Reza Lashkari
Real Broker, LLC
Buyer's Agent
Derek Viveiros
Amaral & Associaties RE, Inc.
List Price
$450,000
Sold Price
$515,000
Premium/Discount to List
$65,000
14.44%
Views
101
Current Estimated Value
$626,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,297
Avg. Annual Appreciation
7.69%
Original Mortgage
$386,250
Outstanding Balance
$376,731
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,566

Purchase Details

Listed on
May 6, 2017
Closed on
Jul 26, 2017
Sold by
Proulx Norman J and Proulx Constance E
Bought by
Bairos Derek C
Seller's Agent
Manuel Branco
New England Properties
Buyer's Agent
Manuel Branco
New England Properties
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$230,743
Interest Rate
3.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopes James M $515,000 None Available
Bairos Derek C $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopes James M $386,250
Previous Owner Bairos Derek C $230,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $515,000 +14.4% $162 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $450,000 +91.5% $142 / Sq Ft
07/26/2017 07/26/17 Sold $235,000 -6.0% $74 / Sq Ft View Prior Sale
06/26/2017 06/26/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $250,000 -- $79 / 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 $6,119 $465,300 $85,800 $379,500
2024 $5,742 $465,300 $85,800 $379,500
2023 $4,882 $288,200 $37,500 $250,700
2022 $4,778 $288,200 $37,500 $250,700
2021 $4,778 $288,200 $37,500 $250,700
2020 $4,103 $196,400 $46,800 $149,600
2019 $4,103 $196,400 $46,800 $149,600
2018 $3,954 $196,400 $46,800 $149,600
2017 $3,910 $172,100 $40,400 $131,700
2016 $3,767 $172,100 $40,400 $131,700
2015 $3,767 $172,100 $40,400 $131,700
2014 $2,952 $128,000 $40,400 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1334094

State-Wide MLS

APN: PAWT-000020-000000-000298