NOT LISTED FOR SALE

22 Lincoln St Smithfield, RI 02917

Estimated Value: $457,471 - $534,000

6 Beds
2 Baths
3,180 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $345,000 $108 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,139/month

39 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Window Unit Cooling System
  • Vincent J. Gallagher Middle School Rated A-
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of July 2021

Appealing two-family Duplex style home in Smithfield offers spacious units, each nearly 1,000 sqft with 3 bedrooms, 1 bathroom, an eat in kitchen and living room. Above average lot size gives you plenty of room to enjoy the outdoors, plus an extra large driveway for off street parking! Great location with Whipple Fields and Georgiaville Recreaton area nearby! Conveniently located near bus routes, shopping, and coffee, plus easy access to Routes 7 & 44. Town water/sewer, separate Gas heat + hot water a plus! Currently the only multi-family in Smithfield on the market as of 5/20/21. Highest & Best due 5/26/21 by 12noon

Last Agent to Sell the Property

Ed Duffy

Alltown Real Estate Group License #REB.0018303 Listed on: 05/21/2021

Last Buyer's Agent

Silvano Gomes

J. Christopher Real Estate Grp License #RES.0042551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 1912

Lot Details

  • 0.41 Acre Lot
  • Corner Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,180 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 10 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 024
  • Assessor Parcel Number 22LINCOLNSTSMTH

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Additional Features

  • 2 Units
  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,003

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Above Grade Finished Sq Ft: 3180.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1912
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17860.0
  • Parcel #: 22LINCOLNSTSMTH
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 4003.0
  • Tax Lot: 024
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Moret Doris F and Cruzado-Rivera Jose L
Bought by
Moret Doris F
Current Estimated Value
$496,368

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 30, 2021
Sold by
22 Lincoln Street Llc
Bought by
Moret Doris F and Cruzado-Rivera Jose L
Seller's Agent
Ed Duffy
Alltown Real Estate Group
Buyer's Agent
Silvano Gomes
J. Christopher Real Estate Grp
List Price
$330,000
Sold Price
$345,000
Premium/Discount to List
$15,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$338,751
Interest Rate
2.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2020
Sold by
Moragemos George
Bought by
22 Lincoln Street Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moret Doris F -- None Available
Moret Doris F -- None Available
Moret Doris F $345,000 None Available
Moret Doris F $345,000 None Available
22 Lincoln Street Llc -- None Available
22 Lincoln Street Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moret Doris F $338,751
Previous Owner Moret Doris F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $345,000 +4.5% $108 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $330,000 -- $104 / 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 $5,458 $440,500 $163,800 $276,700
2024 $4,736 $328,000 $141,300 $186,700
2023 $4,500 $328,000 $141,300 $186,700
2022 $4,382 $328,000 $141,300 $186,700
2021 $4,079 $238,100 $122,400 $115,700
2020 $4,002 $238,100 $122,400 $115,700
2019 $4,002 $238,100 $122,400 $115,700
2018 $3,310 $188,500 $86,400 $102,100
2017 $3,310 $188,500 $86,400 $102,100
2016 $3,154 $188,500 $86,400 $102,100
2015 $3,554 $202,300 $78,600 $123,700
2012 $3,505 $218,800 $92,100 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1283290

State-Wide MLS

APN: SMIT-000024-000000-000024