NOT LISTED FOR SALE

25 Ferris Ave Unit 27 Rumford, RI 02916

Rumford Neighborhood

Estimated Value: $489,049 - $574,000

4 Beds
2 Baths
1,926 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $470,000 $244 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,271/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Bathtub with Shower
  • Porch
  • Screened Patio
  • Laundry Room

About This Home

As of June 2023

Located in the heart of prestigious Rumford. This gorgeous well maintained two family Cape with all the comforts of a single family home. Enjoy income to supplement your mortgage, excellent for renters or extended family . New maintenance free vinyl siding less than one year young.One car garage, Cox security system, stainless steel appliances, a spacious yard for planting your favorite flowers, herbs and total enjoyment and relaxation. This one won't last!

Last Agent to Sell the Property

Dennis Sackal

White Swan Realty License #RES.0031175 Listed on: 04/20/2023

Last Buyer's Agent

Mark Sullivan

Chart House, REALTORS® License #RES.0047702

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1955

Lot Details

  • 9,460 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,926 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Screened Patio
  • Breezeway
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12-015
  • Assessor Parcel Number 2527FERRISAVEPRO

Community Details

Overview

  • 2 Units
  • Rumford Subdivision

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,628

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2172
  • Subdivision Name: RUMFORD
  • Above Grade Finished Sq Ft: 1926.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Breezeway, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9460.0
  • Parcel #: 2527FERRISAVEPRO
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7628.0
  • Tax Lot: 12-015
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Maureen M Waibel T M and Maureen Waibel
Bought by
Maureen M Waibel Lt and Waibel
Total Days on Market
7
Current Estimated Value
$531,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Outstanding Balance
$742,429
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
-$222,920

Purchase Details

Closed on
Sep 27, 2023
Sold by
Wiese-Waibel Maureen
Bought by
Maureen M Waibel Lt and Waibel

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 12, 2023
Sold by
Lavault Thomas N and Plouffe Janice E
Bought by
Weise-Waibel Maureen
Seller's Agent
Dennis Sackal
White Swan Realty
Buyer's Agent
Mark Sullivan
Chart House, REALTORS®
List Price
$469,000
Sold Price
$470,000
Premium/Discount to List
$1,000
0.21%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$170,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2018
Sold by
Lavault Thomas N
Bought by
Lavault Thomas N and Plouffe Janice E
Source: Public Records

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Range of Values:

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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
Maureen M Waibel Lt -- None Available
Maureen M Waibel Lt -- None Available
Maureen M Waibel Lt -- None Available
Maureen M Waibel Lt -- None Available
Weise-Waibel Maureen $470,000 None Available
Weise-Waibel Maureen $470,000 None Available
Lavault Thomas N -- --
Lavault Thomas N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maureen M Waibel Lt $742,500
Closed Maureen M Waibel Lt $742,500
Previous Owner Weise-Waibel Maureen $170,000
Previous Owner Lavault Thomas N $10,787
Previous Owner Lavault Thomas N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $470,000 +0.2% $244 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $469,000 -- $244 / 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 $5,439 $354,800 $134,400 $220,400
2023 $5,237 $354,800 $134,400 $220,400
2022 $4,787 $219,000 $87,900 $131,100
2021 $4,709 $219,000 $87,900 $131,100
2020 $4,509 $219,000 $87,900 $131,100
2019 $4,384 $219,000 $87,900 $131,100
2018 $4,416 $193,000 $80,100 $112,900
2017 $4,317 $193,000 $80,100 $112,900
2016 $4,296 $193,000 $80,100 $112,900
2015 $4,276 $186,300 $69,900 $116,400
2014 $4,276 $186,300 $69,900 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333640

State-Wide MLS

APN: EPRO-000503-000012-000015