NOT LISTED FOR SALE

Estimated Value: $535,347 - $645,000

8 Beds
3 Baths
4,546 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $333,000 $73 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,529/month

29 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Bathtub with Shower
  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation

About This Home

As of August 2020

Very Large Three-Family property. The first and second floor apartments are very large at approximately 1150 square feet and 3 bedrooms each. Note that to get to the 3rd bedroom in this unit one would pass through the 2nd bedroom. The first floor apartment also features in-unit laundry. The third apartment is a 2 bedroom with dormered ceilings yet quite spacious due to the large size of the home. This property also has 2 detached garage spaces plus off street parking available. Fully fire coded with hardwired smoke and carbon monoxide detectors. Laundry in basement for each apartment, younger mechanicals, vinyl siding all make this your perfect turnkey home. Taxes of $5180 do NOT reflect homestead exemption. Taxes with homestead exemption estimated at $3108.

Last Agent to Sell the Property

Lailanie Emocling

Premier Properties RI Listed on: 06/08/2020

Last Buyer's Agent

Melissa Baker

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,180

Year Built

  • Built in 1925

Lot Details

  • 4,000

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,546 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 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
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 4,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 436
  • Assessor Parcel Number 238MAGNOLIASTPROV

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,180

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 4546.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 238MAGNOLIASTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5180.0
  • Tax Lot: 436
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 3, 2020
Sold by
Lane 8 Holdings Llc
Bought by
Alphonse Francoise E
Seller's Agent
Lailanie Emocling
Premier Properties RI
Buyer's Agent
Melissa Baker
eXp Realty
List Price
$329,900
Sold Price
$333,000
Premium/Discount to List
$3,100
0.94%
Current Estimated Value
$607,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,837
Avg. Annual Appreciation
11.88%
Original Mortgage
$248,250
Outstanding Balance
$220,132
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$387,705

Purchase Details

Closed on
Jul 27, 2009
Sold by
Bank Of New York
Bought by
Djp Group Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Rodriguez Juan R and Rodriguez Erica
Bought by
Bank Of New York

Purchase Details

Closed on
Sep 1, 1999
Sold by
Kim David U and Kim Helen K
Bought by
Rodriguez Juan R and Rodriguez Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,920
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1993
Sold by
Monarch Savings Bank
Bought by
Kim David U and Kim Helen

Purchase Details

Closed on
Sep 19, 1988
Sold by
Moryera Michael
Bought by
Machado David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alphonse Francoise E $335,000 None Available
Djp Group Llc $70,000 --
Bank Of New York $167,200 --
Rodriguez Juan R $101,000 --
Kim David U $60,500 --
Machado David $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alphonse Francoise E $248,250
Previous Owner Machado David $1,450,000
Previous Owner Machado David $162,500
Previous Owner Machado David $100,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $333,000 +0.9% $73 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $329,900 -- $73 / 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 $3,977 $526,700 $128,000 $398,700
2024 $6,312 $344,000 $72,000 $272,000
2023 $6,312 $344,000 $72,000 $272,000
2022 $6,123 $344,000 $72,000 $272,000
2021 $5,180 $210,900 $45,800 $165,100
2020 $5,180 $210,900 $45,800 $165,100
2019 $5,180 $210,900 $45,800 $165,100
2018 $4,554 $142,500 $44,400 $98,100
2017 $4,554 $142,500 $44,400 $98,100
2016 $4,554 $142,500 $44,400 $98,100
2015 $3,840 $116,000 $47,100 $68,900
2014 $3,915 $116,000 $47,100 $68,900
2013 $3,915 $116,000 $47,100 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1255402

State-Wide MLS

APN: PROV-001080-000436-000000