$505,000
SOLD FEB 1, 2019
4 Beds
2 Baths
3,986 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

16% Below List Price

81 Days on Market

Highlights

  • Deck
  • Attic
  • Patio
  • Wood Flooring
  • Bathtub with Shower
  • 1-minute walk to Freebody Park

About This Home

As of February 2019

Turn key two family home completely renovated in 2014. Located off- Bellevue and Memorial Blvd. Each unit has updated kitchens and baths, in unit washer/dryer sets, newer large windows throughout providing great light, and hardwood flooring. Utilities are separately metered. New tankless gas heating systems! New roof. Large yard with private decks for each unit and a patio! Both apartments have one large bedroom and then a smaller bedroom that can serve as an office or guest space. The third floor has been framed for 2 bedrooms and a bath for an expansion of the second floor to make a four bedroom 2 bath townhouse style unit. Plans available for serious inquires. GREAT rental history!

Last Agent to Sell the Property

Sandi Warner

Warner Realty Group License #REC.0018088 Listed on: 10/12/2018

Co-Listed By

Alisha Juzapavicus

Warner Realty Group License #RES.0040784

Last Buyer's Agent

Richard Perelman

RE/MAX 1st Choice License #REB.0016189

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1870

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 3,986 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater

Community Details

  • 4 Units
  • Operating Expense $6,100

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 24EASTBOWERYSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: WRNR
  • Co List Office Phone: 401-236-8685
  • Above Grade Finished Sq Ft: 3986.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 24EASTBOWERYSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6100.0

Tax Info

  • Tax Annual Amount: 4600.0
  • Tax Lot: 009
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Feb 1, 2019
Sold by
Hilmer Andreas and Hilmer Stefanie
Bought by
Cesaro Joseph
Seller's Agent
Sandi Warner
Warner Realty Group
Buyer's Agent
Richard Perelman
RE/MAX 1st Choice
List Price
$599,000
Sold Price
$505,000
Premium/Discount to List
-$94,000
-15.69%
Current Estimated Value
$1,008,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,662
Avg. Annual Appreciation
11.00%
Original Mortgage
$495,853
Outstanding Balance
$436,823
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$571,839

Purchase Details

Listed on
Jun 18, 2014
Closed on
Apr 2, 2015
Sold by
Winsor Gordon
Bought by
Hilmer Andreas and Hilmer Stefanie
Seller's Agent
Grace Cimo
Gustave White Sotheby's Realty
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$424,900
Sold Price
$375,000
Premium/Discount to List
-$49,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$225,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Hackett John F
Bought by
Winsor Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,109
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $505,000 --
Warranty Deed $375,000 --
Deed $355,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,853 FHA
Previous Owner $225,000 New Conventional
Previous Owner $349,109 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Rented $2,500 0.0% --
04/29/2020 04/29/20 Under Contract -- -- --
04/08/2020 04/08/20 For Rent $2,500 0.0% --
02/01/2019 02/01/19 Sold $505,000 -15.7% $127 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $599,000 0.0% $150 / Sq Ft
11/27/2017 11/27/17 For Rent $1,400 0.0% --
11/27/2017 11/27/17 Rented $1,400 -3.4% --
07/01/2015 07/01/15 Rented $1,450 -58.6% --
06/01/2015 06/01/15 Under Contract -- -- --
05/20/2015 05/20/15 For Rent $3,500 0.0% --
04/12/2015 04/12/15 Sold $375,000 -11.7% $197 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
06/18/2014 06/18/14 For Sale $424,900 -- $224 / 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 $6,960 $801,000 $423,200 $377,800
2024 $5,583 $801,000 $423,200 $377,800
2023 $5,143 $518,400 $276,600 $241,800
2022 $4,982 $518,400 $276,600 $241,800
2021 $4,837 $518,400 $276,600 $241,800
2020 $4,726 $459,700 $223,600 $236,100
2019 $4,726 $459,700 $223,600 $236,100
2018 $4,592 $459,700 $223,600 $236,100
2017 $4,113 $366,900 $160,000 $206,900
2016 $4,010 $366,900 $160,000 $206,900
2015 $3,787 $354,900 $160,000 $194,900
2014 $3,752 $311,100 $136,000 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1206901

State-Wide MLS

APN: NEWP-000033-000000-000009