NOT LISTED FOR SALE

25 Summer St Central Falls, RI 02863

Estimated Value: $364,000 - $529,000

6 Beds
3 Baths
2,958 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $185,000 $63 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,805/month

45 Days on Market

Highlights

  • Bathtub with Shower
  • Heating System Uses Steam
  • Carpet

About This Home

As of December 2017

This home is located at 25 Summer St, Central Falls, RI 02863 since 30 September 2017 and is currently estimated at $432,467, approximately $146 per square foot. This property was built in 1900. 25 Summer St is a home located in Providence County with nearby schools including Central Falls Senior High School, Blackstone Valley Prep Elementary School 2, and Blackstone Valley Prep Junior High School.

Last Agent to Sell the Property

Michael Lambrese

RE/MAX Properties License #RES.0032571 Listed on: 09/30/2017

RE/MAX Properties

Last Buyer's Agent

Braulio Diaz

The Network License #REB.0018508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1900

Lot Details

  • 4,779 Sq Ft Lot

Home Design

  • Aluminum Siding
  • Plaster

Interior Spaces

  • 2,958 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 277
  • Assessor Parcel Number 25SummerSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,023

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 2958.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • 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

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4779.0
  • Parcel #: 25SummerSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3023.0
  • Tax Lot: 277
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Dec 18, 2017
Sold by
Mcinerney Karen
Bought by
Dejesus Jose
Seller's Agent
Michael Lambrese
RE/MAX Properties
Buyer's Agent
Braulio Diaz
The Network
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Current Estimated Value
$432,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,467
Avg. Annual Appreciation
11.31%
Original Mortgage
$175,750
Outstanding Balance
$151,320
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$268,474

Purchase Details

Listed on
Jul 29, 2015
Closed on
Oct 15, 2015
Sold by
Gagnon Holland Props L
Bought by
Bonia Karen M
Seller's Agent
Lisa Barbary
Coldwell Banker Realty
Buyer's Agent
Michael Lambrese
RE/MAX Properties
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$108,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Holland Jay

Purchase Details

Closed on
Oct 2, 2009
Sold by
Wells Fargo Bk
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Mar 23, 2009
Sold by
Wells Fargo Bank Na
Bought by
Mejia Mercedes

Purchase Details

Closed on
Jul 14, 2003
Sold by
Medina Franklin
Bought by
Mejia Mercedes

Purchase Details

Closed on
May 2, 2001
Sold by
Premier Prop Inc
Bought by
Medina Franklin
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 Buyer Sale Price Title Company
Dejesus Jose $185,000 --
Dejesus Jose $185,000 --
Bonia Karen M $145,000 --
Bonia Karen M $145,000 --
Holland Jay $30,000 --
Holland Jay $30,000 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Mejia Mercedes $181,000 --
Mejia Mercedes $181,000 --
Mejia Mercedes $185,000 --
Mejia Mercedes $185,000 --
Medina Franklin $102,000 --
Medina Franklin $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejesus Jose $175,750
Closed Medina Franklin $175,750
Previous Owner Medina Franklin $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $185,000 +5.7% $63 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $175,000 +20.7% $59 / Sq Ft
10/15/2015 10/15/15 Sold $145,000 -6.4% $49 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $154,900 -- $52 / 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 $5,252 $279,200 $78,600 $200,600
2023 $5,179 $279,200 $78,600 $200,600
2022 $4,875 $279,200 $78,600 $200,600
2021 $4,298 $180,900 $27,200 $153,700
2020 $4,286 $180,900 $27,200 $153,700
2019 $4,479 $180,900 $27,200 $153,700
2018 $3,068 $116,600 $26,200 $90,400
2017 $3,068 $116,600 $26,200 $90,400
2016 $3,023 $116,600 $26,200 $90,400
2015 $2,893 $104,700 $24,700 $80,000
2014 $2,854 $104,700 $24,700 $80,000
2013 $2,693 $104,700 $24,700 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Lambrese

    Seller's Agent in 2017

    Michael Lambrese

    RE/MAX Properties

    (401) 447-3232

    1 in this area

    42 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Braulio Diaz

    The Network

    (401) 636-1985

    182 Total Sales

    Section Image
  • Lisa Barbary

    Seller's Agent in 2015

    Lisa Barbary

    Coldwell Banker Realty

    (401) 533-7747

    228 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1174607

State-Wide MLS

APN: CENT-000005-000000-000277

Rhode Island Providence County Central Falls 02863

25 Summer St, Central Falls, RI

This home is located at 25 Summer St, Central Falls, RI 02863 since 30 September 2017 and is currently estimated at $432,467, approximately $146 per square foot. This property was built in 1900. 25 Summer St is a home located in Providence County with nearby schools including Central Falls Senior High School, Blackstone Valley Prep Elementary School 2, and Blackstone Valley Prep Junior High School.

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