NOT LISTED FOR SALE

278 Bernon St Woonsocket, RI 02895

Bernon District Neighborhood

Estimated Value: $395,000 - $470,000

5 Beds
3 Baths
2,710 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $169,900 $63 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,727/month

40 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • Shops
  • Bathtub with Shower
  • Public Transportation
  • Forced Air Heating System

About This Home

As of March 2018

Investors take notice! Great Rental Income Generator, Fully Occupied,One (3) Bed Unit (upper level), Two (1) Bedroom Units 1st Floor, Laundry Hookups, Navien Heating System 2 Years Old, Newer Roof, Off Street Parking, Close to Highways, On Public Transportation Route, Shopping, Restaurants, Located off Park Avenue. Don't forget the checkbook!

Last Agent to Sell the Property

Team Success

Green Space Realty Group Listed on: 01/11/2018

Co-Listed By

Victoria Pizzarelli

Family First Realty RI, LLC License #REB.0018511

Last Buyer's Agent

Joseph Laforge

Benchmark Properties, LLC License #RES.0041502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1900

Lot Details

  • 3,039 Sq Ft Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,710 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 278BERNONSTWOON

Community Details

Overview

  • 4 Units
  • Bernon Heights Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0698
  • Co List Office Mls Id: EXIT11
  • Co List Office Phone: 508-556-9990
  • Subdivision Name: Bernon Heights
  • Above Grade Finished Sq Ft: 2710.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar, See Remarks, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3039.0
  • Parcel #: 278BERNONSTWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 3560.0
  • Tax Lot: 53
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Pare Jason
Bought by
Grove Holdings Llc
Current Estimated Value
$440,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$475,328
Interest Rate
4.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$58,661

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 23, 2018
Sold by
278 Bernon Street Rt and Clark-Powell
Bought by
Pare Jason
Seller's Agent
Team Success
Green Space Realty Group
Buyer's Agent
Joseph Laforge
Benchmark Properties, LLC
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$127,425
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2018
Sold by
Clark-Powell James
Bought by
278 Bernon Street Rt and Clark-Powell

Purchase Details

Listed on
Apr 13, 2016
Closed on
Dec 6, 2016
Sold by
Odonnell John M
Bought by
Clark-Powell James T
Seller's Agent
Shelly Armstrong
Redfin Corporation
Buyer's Agent
Shelly Armstrong
Era Key Realty Services
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$108,007
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2014
Closed on
Sep 16, 2014
Sold by
Ingergneri Brandon J and Dias Michael L
Bought by
Odonnell John M
Seller's Agent
Jessica Rebello
HomeSmart Professionals
Buyer's Agent
Shelly Armstrong
Era Key Realty Services
List Price
$100,000
Sold Price
$92,500
Premium/Discount to List
-$7,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$68,375
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Grove Holdings Llc -- None Available
Grove Holdings Llc -- None Available
Pare Jason $169,000 --
Pare Jason $169,000 --
278 Bernon Street Rt -- --
278 Bernon Street Rt -- --
Clark-Powell James T $110,000 --
Clark-Powell James T $110,000 --
Odonnell John M $92,500 --
Odonnell John M $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove Holdings Llc $495,000
Closed Grove Holdings Llc $495,000
Previous Owner Pare Jason $127,425
Previous Owner Clark-Powell James T $108,007
Previous Owner Bibeault Theodore A $68,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $169,900 0.0% $63 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $169,900 +54.5% $63 / Sq Ft
12/06/2016 12/06/16 Sold $110,000 -7.6% $41 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $119,000 +28.6% $44 / Sq Ft
09/16/2014 09/16/14 Sold $92,500 -7.5% $34 / Sq Ft
08/17/2014 08/17/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $100,000 -- $37 / 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 $3,936 $270,700 $81,600 $189,100
2023 $3,784 $270,700 $81,600 $189,100
2022 $3,784 $270,700 $81,600 $189,100
2021 $2,453 $103,300 $23,400 $79,900
2020 $2,479 $103,300 $23,400 $79,900
2018 $2,487 $103,300 $23,400 $79,900
2017 $3,561 $118,300 $34,000 $84,300
2016 $3,767 $118,300 $34,000 $84,300
2015 $4,327 $118,300 $34,000 $84,300
2014 $3,889 $108,200 $37,400 $70,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Team Success

    Green Space Realty Group

  • Victoria Pizzarelli

    Seller Co-Listing Agent in 2018

    Victoria Pizzarelli

    Family First Realty RI, LLC

    (401) 432-4129

    1 in this area

    40 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Joseph Laforge

    Benchmark Properties, LLC

    (312) 407-3298

    1 Total Sale

    Section Image

  • S

    Seller's Agent in 2016

    Shelly Armstrong

    Redfin Corporation

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Robert Moore

    Costello Realty, Inc.

  • Jessica Rebello

    Seller's Agent in 2014

    Jessica Rebello

    HomeSmart Professionals

    (401) 327-2611

    95 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1180675

State-Wide MLS

APN: WOON-000015K-000053-000015

Rhode Island Providence County Woonsocket 02895 Bernon District

278 Bernon St, Woonsocket, RI

This home is located at 278 Bernon St, Woonsocket, RI 02895 since 11 January 2018 and is currently estimated at $427,667, approximately $157 per square foot. This property was built in 1900. 278 Bernon St is a home located in Providence County with nearby schools including Woonsocket High School, Founders Academy, and Beacon Charter School.

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