NOT LISTED FOR SALE

2 Whipple Ave Smithfield, RI 02917

Estimated Value: $397,000 - $734,000

9 Beds
3 Baths
5,571 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $145,000 $26 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $3,871/month

68 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Thermal Windows
  • Vincent J. Gallagher Middle School Rated A-
  • Tennis Courts
  • 3-minute walk to Mendes Park

About This Home

As of December 2015

VERY LARGE 3 FAMILY OFFERING HUGE APARTMENTS FOR TOP RENTAL INCOME! SEPARATE UTILITIES, BUSLINE, LOCATION PERFECT! GREAT FOR INVESTOR OR OWNER OCCUPANT!

Last Agent to Sell the Property

Karl Martone

RE/MAX Properties License #REB.0013618 Listed on: 09/23/2015

RE/MAX Properties

Last Buyer's Agent

Karl Martone

RE/MAX Properties License #REB.0013618 Listed on: 09/23/2015

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 5,571 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 2WHIPPLEAVSMTH

Community Details

Overview

  • 3 Units
  • Georgiaville / Esmond Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $9,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: GEORGIAVILLE / ESMOND
  • Above Grade Finished Sq Ft: 5571.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Cable TV
  • Living Area: 5571.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Built In
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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 Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 2WHIPPLEAVSMTH

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 6083.0
  • Tax Lot: 8
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2015
Closed on
Dec 31, 2015
Sold by
Sangiovanni Peter and Boulanger Anna
Bought by
Npm Realty Llc
Seller's Agent
Karl Martone
RE/MAX Properties
Buyer's Agent
Karl Martone
RE/MAX Properties
List Price
$198,500
Sold Price
$145,000
Premium/Discount to List
-$53,500
-26.95%
Current Estimated Value
$629,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,406
Avg. Annual Appreciation
15.51%
Original Mortgage
$90,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Sanchez-Batiz Miriam
Bought by
Lopes Maria

Purchase Details

Closed on
Dec 13, 2012
Sold by
Dolan Lillana V and Sangiovanni Irt
Bought by
Lopes Maria E and Sanchez-Batiz Miriam T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Dolan Bernard
Bought by
Sangiovanni Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.78%
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
Npm Realty Llc $145,000 --
Npm Realty Llc $145,000 --
Lopes Maria -- --
Lopes Maria -- --
Lopes Maria E $255,000 --
Lopes Maria E $255,000 --
Sangiovanni Peter $150,000 --
Dolan Bernard $150,000 --
Sangiovanni Peter $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Npm Realty Llc $90,000
Previous Owner Lopes Maria E $255,000
Previous Owner Sangiovanni Peter $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $145,000 -27.0% $26 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $198,500 -- $36 / Sq Ft
Source: State-Wide MLS

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 $7,671 $619,100 $142,400 $476,700
2024 $6,631 $459,200 $123,700 $335,500
2023 $6,300 $459,200 $123,700 $335,500
2022 $6,135 $459,200 $123,700 $335,500
2021 $5,454 $318,400 $107,200 $211,200
2020 $5,352 $318,400 $107,200 $211,200
2019 $5,352 $318,400 $107,200 $211,200
2018 $4,941 $281,400 $75,700 $205,700
2017 $4,940 $281,300 $75,700 $205,600
2016 $4,706 $281,300 $75,700 $205,600
2015 $6,239 $355,100 $72,300 $282,800
2012 $5,999 $374,500 $85,700 $288,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1108571

State-Wide MLS

APN: SMIT-000023-000000-000008

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