NOT LISTED FOR SALE

25 Pine Swamp Rd Cumberland, RI 02864

North Cumberland Neighborhood

Estimated Value: $418,000 - $550,000

3 Beds
2 Baths
2,300 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $245,000 $107 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,895/month

71 Days on Market

Highlights

  • Bathtub with Shower
  • Shops
  • Utility Room
  • Community School Rated A
  • Hot Water Heating System
  • Wood Siding

About This Home

As of October 2019

Beautiful 2 bed 1 bath, 1 bed 1 bath duplex in Cumberland that sits on a nearly 15,000 sqft lot. Second floor is rented and first floor is vacant. It would be great for an owner occupant or an investor. Come take a look at this rare opportunity to own a multifamily in this area of Cumberland! It will not last!

Last Agent to Sell the Property

Donovan Currier

North Star Realty, LLC License #REB.0018941 Listed on: 07/01/2019

Last Buyer's Agent

Michele Stevenin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater
  • Septic Tank

Community Details

  • 4 Units
  • Shops
  • Operating Expense $2,000

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 25PINESWAMPRDCUMB

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,025

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Above Grade Finished Sq Ft: 2300.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oil Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Wood Siding, Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, See Remarks

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water, Oil, Other
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 25PINESWAMPRDCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 3025.0
  • Tax Lot: 52
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Oct 11, 2019
Sold by
Slow Dough Llc
Bought by
Newhook Robert
Seller's Agent
Donovan Currier
North Star Realty, LLC
Buyer's Agent
Michele Stevenin
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Current Estimated Value
$480,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,274
Avg. Annual Appreciation
11.63%
Original Mortgage
$10,074
Outstanding Balance
$6,716
Interest Rate
3.5%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$473,558

Purchase Details

Closed on
Jan 8, 2018
Sold by
Conley Ruth
Bought by
Slow Dough Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Conley Thomas
Bought by
Conley Roth

Purchase Details

Closed on
Jun 14, 2006
Sold by
Whitman Beatrice
Bought by
Sotomayor Alejandro and Sotomayor Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2005
Sold by
Courtemanche Paul A and Courtemanche Bernice M
Bought by
Whitman Beatrice

Purchase Details

Closed on
Mar 26, 2004
Sold by
Goselin Edward P
Bought by
Courtemanche Bernice M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newhook Robert $245,000 --
Slow Dough Llc $210,000 --
Conley Roth -- --
Sotomayor Alejandro $315,000 --
Whitman Beatrice $259,000 --
Courtemanche Bernice M $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newhook Robert $10,074
Open Newhook Robert $240,562
Previous Owner Courtemanche Bernice M $208,000
Previous Owner Courtemanche Bernice M $252,000
Previous Owner Courtemanche Bernice M $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $245,000 -9.2% $107 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $269,900 -- $117 / 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 $4,312 $351,400 $146,200 $205,200
2024 $4,199 $351,400 $146,200 $205,200
2023 $4,083 $351,400 $146,200 $205,200
2022 $3,332 $222,300 $104,400 $117,900
2021 $3,277 $222,300 $104,400 $117,900
2020 $3,183 $222,300 $104,400 $117,900
2019 $3,116 $196,200 $87,900 $108,300
2018 $390 $196,200 $87,900 $108,300
2017 $2,984 $196,200 $87,900 $108,300
2016 $2,760 $161,600 $87,900 $73,700
2015 $2,760 $161,600 $87,900 $73,700
2014 $2,760 $161,600 $87,900 $73,700
2013 $2,525 $160,000 $87,900 $72,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donovan Currier

    North Star Realty, LLC

  • M

    Buyer's Agent in 2019

    Michele Stevenin

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1228254

State-Wide MLS

APN: CUMB-000050-000052-000000

Rhode Island Providence County Cumberland 02864 North Cumberland

25 Pine Swamp Rd, Cumberland, RI

Not Listed for Sale

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