NOT LISTED FOR SALE

Estimated Value: $417,120 - $493,000

3 Beds
2 Baths
1,574 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $345,000 $219 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,816/month

13 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Baseboard Heating

About This Home

As of March 2022

Turnkey opportunity just off Fruit Hill Avenue and in walking distance to Rhode Island College. The first-floor unit in this two-family home features two bedrooms, an eat-in-kitchen and a sun-filled living room. The second-floor unit was completely updated and features a large kitchen, an oversized bathroom with heated flooring and in-unit laundry. Additional property highlights include maintenance-free vinyl siding and windows, two separate driveways and plenty of basement storage. The roof and heating system are in good shape too! Rents are below market value due to long-term tenancies and taxes do not reflect a 20% homestead exemption. A great buy in today's market!

Last Agent to Sell the Property

Jill Weathers

Williams & Stuart Real Estate License #RES.0030821 Listed on: 02/14/2022

Last Buyer's Agent

Dena Conley

Williams & Stuart Real Estate License #REB.0016616

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 1910

Lot Details

  • 4,008 Sq Ft Lot

Home Design

  • 1,574 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 429
  • Assessor Parcel Number 22ALLENDALEAVNPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,466

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.092
  • Above Grade Finished Sq Ft: 1574.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Dining Room Type: Laundry
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4008.0
  • Parcel #: 22ALLENDALEAVNPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4466.0
  • Tax Lot: 429
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 28, 2022
Sold by
Archer William S
Bought by
Caparco Michael V
Seller's Agent
Jill Weathers
Williams & Stuart Real Estate
Buyer's Agent
Dena Conley
Williams & Stuart Real Estate
List Price
$330,000
Sold Price
$345,000
Premium/Discount to List
$15,000
4.55%
Current Estimated Value
$462,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,280
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Chapasko Timothy J and Chapasko Carla M
Bought by
Archer William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.81%

Purchase Details

Closed on
May 10, 1993
Sold by
Gillheeney Richard and Gillheeney Phyllis
Bought by
Chapasko Timothy J and Chapasko Carla
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
Caparco Michael V $345,000 None Available
Caparco Michael V $345,000 None Available
Archer William S $115,000 --
Archer William S $115,000 --
Chapasko Timothy J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapasko Timothy J $172,000
Previous Owner Chapasko Timothy J $42,000
Previous Owner Chapasko Timothy J $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $345,000 +4.5% $219 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $330,000 -- $210 / 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 $4,750 $286,000 $64,600 $221,400
2023 $4,750 $286,000 $64,600 $221,400
2022 $4,466 $195,800 $49,500 $146,300
2021 $4,466 $195,800 $49,500 $146,300
2020 $4,466 $195,800 $49,500 $146,300
2017 $4,010 $153,400 $34,400 $119,000
2016 $3,361 $120,300 $34,700 $85,600
2015 $3,361 $120,300 $34,700 $85,600
2014 $2,689 $120,300 $34,700 $85,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1303247

State-Wide MLS

APN: NPRO-000010-000000-000429