Herson Martinez
RISE REC
(401) 414-4072
104 Total Sales
1 in Fairmount
$357,000 Price
201 4th Ave Woonsocket, RI 02895
Fairmount Neighborhood
12
Beds
4
Baths
8,768
Sq Ft
6,098
Sq Ft Lot
Highlights
- Golf Course Community
- Attic
- 3 Car Detached Garage
- Wood Flooring
- Tennis Courts
- Porch
About This Home
As of February 2024This strong income producer is ideal for an investor or owner occupant looking to have solid investment. The property can use some sprucing on the interior but has good bones. Might require 203K or Renovation Loan for an FHA or VA Buyer. Roof was installed approximately 9 years ago and Exterior paint was done about the same time. First floor is vinyl sided. There is a three bay garage in the back currently occupied by the Seller that he's willing to pay to rent going forward, which will make your income all the stronger. Tenants pay by the week with all utilities included which is why the rent is so strong. The rental income would indicate a much higher list price, however we need to balance what the market pricing and the current property condition for appraisal purposes. Offers up to about 10% over list price should still be likely to appraise. This property is a win for anyone who doesn't mind doing their own improvements or is comfortable adding value over time. CURRENT lead certificates are available for each unit and the third floor has new windows. Check out the 360 Tour and schedule your viewing today!
Last Agent to Sell the Property
Real Broker, LLC License #REB.0016898 Listed on: 01/12/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,480
Year Built
- Built in 1920
Lot Details
- 6,098
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Vinyl Siding
- Plaster
Interior Spaces
- 8,768 Sq Ft Home
- 4-Story Property
- Storage Room
- Utility Room
- Permanent Attic Stairs
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Space Heater
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 220 Volts
- 110 Volts
- 100 Amp Service
- Gas Water Heater
Additional Features
- Accessibility Features
- Porch
- 6,098 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Legal Lot and Block 246 / E
- Assessor Parcel Number 2011994THAVWOON
Community Details
Overview
- 4 Units
- Fairmount Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
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
Jan 12, 2024
Closed on
Feb 29, 2024
Sold by
Bought by
Seller's Agent
Stacy Corrigan
Real Broker, LLC
Buyer's Agent
Fida Salameh
Real Broker, LLC
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Outstanding Balance
$524,268
Interest Rate
6.12%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 1, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.56%
Purchase Details
Closed on
Apr 22, 2009
Sold by
Bought by
Purchase Details
Closed on
Jan 12, 2007
Sold by
Bought by
Purchase Details
Closed on
Aug 22, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairmount, RI
-
Herson Martinez
-
Lisa Duffy
Lisa Duffy
Residential Properties Ltd.
(774) 500-3819
84 Total Sales
1 in Fairmount
$340,000 Price
-
Peter Brown
Peter Brown
eXp Realty
(401) 246-7116
26 Total Sales
1 in Fairmount
$350,000 Price
-
Remi Lanoie
Remi Lanoie
Yorway Realty
(401) 406-8889
106 Total Sales
1 in Fairmount
$405,000 Price
-
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
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 |
|---|---|---|---|
| $550,000 | None Available | ||
| $182,000 | -- | ||
| $125,000 | -- | ||
| $325,000 | -- | ||
| $245,000 | -- |
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 | $540,038 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $141,000 | ||
| Previous Owner | $246,227 |
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 |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $550,000 | +4.8% | $63 / Sq Ft |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | For Sale | $525,000 | -- | $60 / 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 | $6,278 | $559,000 | $90,900 | $468,100 |
| 2024 | $5,874 | $404,000 | $90,900 | $313,100 |
| 2023 | $5,648 | $404,000 | $90,900 | $313,100 |
| 2022 | $5,648 | $404,000 | $90,900 | $313,100 |
| 2021 | $4,382 | $184,500 | $37,000 | $147,500 |
| 2020 | $4,428 | $184,500 | $37,000 | $147,500 |
| 2018 | $4,443 | $184,500 | $37,000 | $147,500 |
| 2017 | $4,488 | $149,100 | $40,600 | $108,500 |
| 2016 | $4,747 | $149,100 | $40,600 | $108,500 |
| 2015 | $5,454 | $149,100 | $40,600 | $108,500 |
| 2014 | $6,046 | $151,200 | $44,600 | $106,600 |
Source: Public Records
Agents Affiliated with this Home
-
Stacy Corrigan
Seller's Agent in 2024
Stacy Corrigan
Real Broker, LLC
(401) 829-8323
2 in this area
99 Total Sales
-
Fida Salameh
F
Buyer's Agent in 2024
Fida Salameh
Real Broker, LLC
(401) 545-1158
3 in this area
30 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350928
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