NOT LISTED FOR SALE

217 Rathbun St Woonsocket, RI 02895

Social District Neighborhood

Estimated Value: $371,866 - $452,000

5 Beds
2 Baths
1,802 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $400,000 $222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,445/month

21 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Bathtub with Shower
  • Shops

About This Home

As of July 2024

Offers requested by Tuesday at 5pm. Are you an investor looking for a multi with good cash flow? Are you looking for a new home with income potential? This beautiful two-family, conveniently located in the heart of Woonsocket, is a must-see. Many original details remain in this historic home. Originally a single family, the house has been split into two spacious units. The first floor unit has over 1200 square feet, including two bedrooms, a large double parlor, and a huge kitchen. The second floor unit has three bedrooms in addition to the living room and good sized kitchen. The full basement offers tons of storage space. Fully rented - Leases end in August. This one is a sure bet!

Last Agent to Sell the Property

Tom Spackman

CrossRoads Real Estate Group Brokerage Phone: 617-548-0882 License #RES.0042776 Listed on: 04/10/2024

Last Buyer's Agent

Paula Cardi

eXp Realty LLC License #RES.0046223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1900

Lot Details

  • 8,712

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,802 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • 8,712 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 55
  • Assessor Parcel Number 217RATHBUNSTWOON

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Additional Features

  • 2 Units
  • Operating Expense $9,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,220

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Inclusions: Sale excludes tenant owned washer/dryer in basement.
  • Above Grade Finished Sq Ft: 1802.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Attribution Contact: 617-548-0882
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Gas Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • 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: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 217RATHBUNSTWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9300.0

Tax Info

  • Tax Annual Amount: 3220.0
  • Tax Lot: 55
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 19, 2024
Sold by
Drake Nathan S
Bought by
Medeiros Steve
Seller's Agent
Tom Spackman
CrossRoads Real Estate Group
Buyer's Agent
Paula Cardi
eXp Realty LLC
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Views
126
Current Estimated Value
$411,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,717
Avg. Annual Appreciation
2.28%
Original Mortgage
$392,755
Outstanding Balance
$387,605
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$24,112

Purchase Details

Listed on
Jan 31, 2020
Closed on
Aug 7, 2020
Sold by
Gonzalez Juan Est and Velez
Bought by
Drake Nathan S
Seller's Agent
Irene Mendez
The Network
Buyer's Agent
Tom Spackman
CrossRoads Real Estate Group
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.05%
Original Mortgage
$127,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jan 15, 2016
Sold by
Aikhionbare John O
Bought by
Gonzalez Juan
Seller's Agent
Filomena Silva
REALTY NEW ENGLAND
Buyer's Agent
Filomena Silva
REALTY NEW ENGLAND
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$98,188
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Listed on
May 16, 2014
Closed on
Jul 18, 2014
Sold by
Maria Fulginiti Antonio and Maria Fulhiniti
Bought by
Aikionbare John O
Seller's Agent
Jennifer Gorman-Smith
RE/MAX Properties
Buyer's Agent
Filomena Silva
REALTY NEW ENGLAND
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.84%

Purchase Details

Closed on
Nov 13, 2005
Sold by
Williams Michael R
Bought by
Carlson William and Carlson Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,700
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Zerra John L Est
Bought by
Williams Michael R
Source: Public Records

Range of Values:

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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
Medeiros Steve $400,000 None Available
Medeiros Steve $400,000 None Available
Drake Nathan S $170,000 None Available
Drake Nathan S $170,000 None Available
Gonzalez Juan $100,000 --
Gonzalez Juan $100,000 --
Aikionbare John O $70,000 --
Aikionbare John O $70,000 --
Carlson William $223,500 --
Carlson William $223,500 --
Williams Michael R $205,000 --
Williams Michael R $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medeiros Steve $392,755
Closed Medeiros Steve $392,755
Previous Owner Drake Nathan S $127,500
Previous Owner Gonzalez Juan $98,188
Previous Owner Williams Michael R $178,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $400,000 +5.3% $222 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $380,000 0.0% $211 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $380,000 +123.5% $211 / Sq Ft
08/07/2020 08/07/20 Sold $170,000 -10.5% $89 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $190,000 +90.0% $99 / Sq Ft
01/15/2016 01/15/16 Sold $100,000 -16.6% $52 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $119,900 +71.3% $63 / Sq Ft
07/18/2014 07/18/14 Sold $70,000 -11.4% $37 / Sq Ft View Prior Sale
06/18/2014 06/18/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $79,000 +75.6% $41 / Sq Ft
02/12/2013 02/12/13 Sold $45,000 -13.5% $23 / Sq Ft View Prior Sale
01/13/2013 01/13/13 Pending -- -- --
09/25/2012 09/25/12 For Sale $52,000 -- $27 / 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
2024 $3,349 $230,300 $91,400 $138,900
2023 $3,220 $230,300 $91,400 $138,900
2022 $3,220 $230,300 $91,400 $138,900
2021 $2,503 $105,400 $37,300 $68,100
2020 $2,530 $105,400 $37,300 $68,100
2018 $2,538 $105,400 $37,300 $68,100
2017 $3,434 $114,100 $40,800 $73,300
2016 $3,633 $114,100 $40,800 $73,300
2015 $4,174 $114,100 $40,800 $73,300
2014 $4,061 $113,000 $44,900 $68,100
Source: Public Records

Agents Affiliated with this Home

  • Tom Spackman

    Seller's Agent in 2024

    Tom Spackman

    CrossRoads Real Estate Group

    (617) 548-0882

    1 in this area

    21 Total Sales

    Tom Spackman
    Section Image

  • P

    Buyer's Agent in 2024

    Paula Cardi

    eXp Realty LLC

    (401) 524-0770

    1 in this area

    87 Total Sales

    Paula Cardi
    Section Image

  • I

    Seller's Agent in 2020

    Irene Mendez

    The Network

    (401) 405-7401

    31 Total Sales

    Irene Mendez
    Section Image
  • Filomena Silva

    Seller's Agent in 2016

    Filomena Silva

    REALTY NEW ENGLAND

    (401) 489-2323

    35 Total Sales

    Filomena Silva
    Section Image
  • Jennifer Gorman-Smith

    Seller's Agent in 2014

    Jennifer Gorman-Smith

    RE/MAX Properties

    (401) 232-3900

    94 Total Sales

    Jennifer Gorman-Smith
    Section Image

  • B

    Seller's Agent in 2013

    Bernice Salzberg

    Salzberg Real Estate Agency

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1355693

State-Wide MLS

APN: WOON-000021D-000055-000014

Rhode Island Providence County Woonsocket 02895 Social District

217 Rathbun St, Woonsocket, RI

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