25 Read Ave Woonsocket, RI 02895
East Woonsocket Neighborhood
9
Beds
3
Baths
3,528
Sq Ft
4,792
Sq Ft Lot
Highlights
- Wood Flooring
- Recreation Facilities
- Thermal Windows
- Attic
- 1 Car Detached Garage
- Porch
About This Home
As of April 2021Best in show for Woonsocket true 3 families 2020. 25 Read contains 3 enormous apartments front to back style, with high ceilings, large rooms, double parlors, many recent updates in this well taken care of building. Walk up attic for storage/future expansion as well. Sale includes lots 143-014 and 144-015 so tons of off street parking, plus green space for you and your tenants to enjoy. Original hardwoods and moldings throughout this stately, spacious home with good paying, clean, easy to deal with tenants. Front 3 tiered decking completely rebuilt by current owner. Beautiful curb appeal on this dead end street. Perfect opportunity for owner occupant or investor to capitalize on low interest rates, an improving economy and your chance to improve your portfolio here in a quality built home that is already a proven cash cow. Looking forward to getting you in the door!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,886
Year Built
- Built in 1910
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Block Foundation
- Shingle Siding
- Vinyl Siding
- Plaster
Interior Spaces
- 3,528 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Attic
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- <<tubWithShowerToken>>
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Security System Owned
- Storm Doors
Outdoor Features
- Outbuilding
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Oil Water Heater
Additional Features
- 4,792 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Legal Lot and Block 014/015 / 143
- Assessor Parcel Number 25READAVWOON
Community Details
Overview
- 3 Units
- Cass Park Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2020
Closed on
Apr 16, 2021
Sold by
Manuel Serge
Bought by
Fernandez Gisela M and Fernandez Rafaela A
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Matthew Daylor
Keller Williams South Watuppa
List Price
$349,900
Sold Price
$331,000
Premium/Discount to List
-$18,900
-5.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,011
Avg. Annual Appreciation
10.66%
Original Mortgage
$248,250
Outstanding Balance
$226,553
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,458
Purchase Details
Closed on
Sep 7, 2018
Sold by
Tavernier Stephen A
Bought by
Manuel Serge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 20, 2016
Closed on
Feb 10, 2017
Sold by
Riordan Diane C and Neveu Celeste M
Bought by
Tavernier Stephen A
Seller's Agent
Karen Moreau
HomeSmart Professionals
Buyer's Agent
Karen Moreau
HomeSmart Professionals
List Price
$183,000
Sold Price
$125,000
Premium/Discount to List
-$58,000
-31.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.14%
Original Mortgage
$100,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Similar Home in Woonsocket, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $331,000 | None Available | |
| Warranty Deed | $331,000 | None Available | |
| Warranty Deed | $240,000 | -- | |
| Warranty Deed | $240,000 | -- | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,250 | Purchase Money Mortgage | |
| Closed | $248,250 | Purchase Money Mortgage | |
| Previous Owner | $188,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $331,000 | -5.4% | $94 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 11/16/2020 11/16/20 | For Sale | $349,900 | +179.9% | $99 / Sq Ft |
| 02/10/2017 02/10/17 | Sold | $125,000 | -31.7% | $35 / Sq Ft |
| 01/11/2017 01/11/17 | Pending | -- | -- | -- |
| 07/20/2016 07/20/16 | For Sale | $183,000 | -- | $52 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,590 | $315,700 | $89,500 | $226,200 |
| 2023 | $4,413 | $315,700 | $89,500 | $226,200 |
| 2022 | $4,413 | $315,700 | $89,500 | $226,200 |
| 2021 | $3,762 | $158,400 | $35,600 | $122,800 |
| 2020 | $3,802 | $158,400 | $35,600 | $122,800 |
| 2018 | $3,814 | $158,400 | $35,600 | $122,800 |
| 2017 | $4,304 | $143,000 | $40,000 | $103,000 |
| 2016 | $4,553 | $143,000 | $40,000 | $103,000 |
| 2015 | $5,231 | $143,000 | $40,000 | $103,000 |
| 2014 | $5,014 | $139,500 | $44,000 | $95,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Patty
Seller's Agent in 2021
Matt Patty
Real Broker, LLC
(401) 269-6169
2 in this area
233 Total Sales
-
Matthew Daylor
Buyer's Agent in 2021
Matthew Daylor
Keller Williams South Watuppa
(774) 301-6860
1 in this area
172 Total Sales
-
Karen Moreau
Seller's Agent in 2017
Karen Moreau
HomeSmart Professionals
(401) 862-6510
3 in this area
93 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1270164
APN: WOON-000037F-000143-000014
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