$520,000
SOLD DEC 13, 2022

27 Summit St Central Falls, RI 02863

11 Beds
4 Baths
5,848 Sq Ft
0.28 Acres

Recently Sold

$89 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • 0.28 Acre Lot
  • Game Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Home Office
  • 3-minute walk to Jenks Park

About This Home

As of December 2022

Highest & Best Offers Due Monday, October 17th by 5pm. Great opportunity for owner occupied buyer or investor! Very deceiving 4 family property on an oversized lot with potential for 5th unit in the basement! Exterior features 5 year old architectural shingle roof, vinyl siding, replacement windows, 2 car garage, plenty of off street parking, patio, and huge side yard! Interior features a HUGE 2nd floor owner's unit with 4 bedrooms, double living room, eat in kitchen, & full bath with 1650 square feet in this one unit! An additional 4 bedroom apartment on the third floor. First floor is split into 2 units. 1 Bedroom apartment on the first floor front, and 2 bedroom apartment on the first floor rear. Basement is almost completely finished offering an additional estimated 1000 square feet of living space. Great potential to legally convert to 5 unit building! Separate utilities for each unit. Basement gas & electric connected to the 2nd floor owner's unit. This is a Trustee/Estate Sale priced to sell! Property taxes currently $3,828 with homestead exemption.. $4,548 without exemption.

Last Agent to Sell the Property

Gary Almeida

RE/MAX Preferred License #RES.0031811 Listed on: 10/11/2022

RE/MAX Preferred

Last Buyer's Agent

David Willis

Sand Point Associates License #REB.0014518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,848 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 27SUMMITSTCFLS

Community Details

Overview

  • 4 Units
  • Central Falls Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,828

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.277
  • Subdivision Name: Central Falls
  • Above Grade Finished Sq Ft: 5848.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Family Room, Game Room, Laundry, Living Room, Office, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12067.0
  • Parcel #: 27SUMMITSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3828.0
  • Tax Lot: 135
  • Tax Year: 2022

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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

Property History

Date Event Price Change Sq Ft Price
04/22/2023 04/22/23 Rented $2,150 0.0% --
02/15/2023 02/15/23 For Rent $2,150 0.0% --
12/13/2022 12/13/22 Sold $520,000 +4.0% $89 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $500,000 -- $85 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1321934

State-Wide MLS

APN: CENT M:01 P:135