NOT LISTED FOR SALE

Estimated Value: $535,000 - $658,000

10 Beds
3 Baths
4,892 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $550,000 $112 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,553/month

6 Days on Market

Highlights

  • Golf Course Community
  • Bathtub with Shower
  • Public Transportation
  • Tennis Courts
  • Laundry Room
  • Shops

About This Home

As of September 2024

Discover this solid, fully occupied three-family home located in the highly desirable Bernon section of Woonsocket. This turn-key property features quality, paying tenants who would prefer to stay, ensuring strong returns for the current owner with minimal maintenance required. While there is some potential for cosmetic improvements, this property is overall an excellent investment opportunity. It's well-suited for both investors and owner-occupants, offering a great mix of highly desirable units: two 3-bedroom units and one 4-bedroom unit. Additional features include off-street parking, durable vinyl siding, and convenient coin-operated laundry machines in the basement. Be sure to check out the 360 tour. Properties like this don't stay on the market for long, so come take a look today!

Last Agent to Sell the Property

Stacy Corrigan

Real Broker, LLC License #REB.0016898 Listed on: 08/08/2024

Last Buyer's Agent

Andrei Mirza

Boston Suburbs Real Estate License #REB.0019408

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,396

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,892 Sq Ft Home
  • 3-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 388 / E
  • Assessor Parcel Number 209CRAWFORDSTWOON

Community Details

Overview

  • 3 Units
  • Bernon Heights Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $10,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,396

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Inclusions: (3) fridges (3) stoves (1) coin op washer dryer set included Tenant owned A/C's excluded See attached disclosures
  • Subdivision Name: Bernon Heights
  • Above Grade Finished Sq Ft: 4892.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 110 Volts, 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 209CRAWFORDSTWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10496.0

Tax Info

  • Tax Annual Amount: 4396.0
  • Tax Block: E
  • Tax Lot: 388
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 18, 2024
Sold by
Chen Ricky
Bought by
Gorincioi Ion and Bocearov Lucia
Seller's Agent
Stacy Corrigan
Real Broker, LLC
Buyer's Agent
Andrei Mirza
Boston Suburbs Real Estate
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Views
14
Current Estimated Value
$588,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,073
Avg. Annual Appreciation
5.37%
Original Mortgage
$467,500
Outstanding Balance
$461,791
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,282

Purchase Details

Listed on
Oct 4, 2012
Closed on
Jul 23, 2013
Sold by
Bell Michael R
Bought by
Chen Ricky
Seller's Agent
Marguerite Jacob
RE/MAX Town & Country
Buyer's Agent
Vanessa Kong
Green Island Realty, Inc.
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$29,900
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records
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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
Gorincioi Ion $550,000 None Available
Gorincioi Ion $550,000 None Available
Chen Ricky $149,900 --
Chen Ricky $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorincioi Ion $467,500
Closed Gorincioi Ion $467,500
Previous Owner Chen Ricky $29,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $550,000 +10.2% $112 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $499,000 +232.9% $102 / Sq Ft
07/19/2013 07/19/13 Sold $149,900 0.0% $42 / Sq Ft View Prior Sale
06/19/2013 06/19/13 Pending -- -- --
10/06/2012 10/06/12 For Sale $149,900 -- $42 / 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 $5,735 $510,700 $99,500 $411,200
2024 $4,573 $314,500 $88,300 $226,200
2023 $4,397 $314,500 $88,300 $226,200
2022 $4,397 $314,500 $88,300 $226,200
2021 $4,023 $169,400 $54,300 $115,100
2020 $4,066 $169,400 $54,300 $115,100
2018 $4,079 $169,400 $54,300 $115,100
2017 $4,145 $137,700 $43,400 $94,300
2016 $4,384 $137,700 $43,400 $94,300
2015 $5,037 $137,700 $43,400 $94,300
2014 $4,855 $135,100 $47,700 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1365342

State-Wide MLS

APN: WOON-000023E-000388-000046