NOT LISTED FOR SALE
8 Beds
4 Baths
3,681 Sq Ft
5,000 Sq Ft Lot

Sale Details

Date Sold: September 30, 2022

Last sale price $460,000 $125 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Baseboard Heating
  • 2 Car Detached Garage

About This Home

As of September 2022

Very well-maintained four-unit multifamily located on Knight Street in Central Falls, Rhode Island. Property contains two 3 bed units and two 1 bed units. All units are in above average condition, many with updated baths. Family owned for many years. Newer roof, fire alarm system, porches and much more. 2 car garage and off-street parking, make this an ideal live-in or great investment.

Last Agent to Sell the Property

Dave Serpa

Coldwell Banker Realty License #RES.0031919 Listed on: 07/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Taylor & Company

Residential Properties, Ltd.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1925

Lot Details

  • 5,000

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,681 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Utilities

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

Additional Features

  • Porch
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 2830KNIGHTSTCFLS

Community Details

Overview

  • 4 Units
  • Central Falls Subdivision

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1925

Lot Details

5,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Central Falls
  • Above Grade Finished Sq Ft: 3681.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 2830KNIGHTSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 4118.0
  • Tax Lot: 411
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 29, 2022
Sold by
Bought by
Seller's Agent
Dave Serpa
Coldwell Banker Realty
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.48%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $408,750
Closed $368,000
Closed $90,000
Closed $63,000
Previous Owner $55,000
Previous Owner $36,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $460,000 +2.2% $125 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $450,000 -- $122 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,229 $547,200 $105,000 $442,200
2024 $6,732 $357,900 $79,500 $278,400
2023 $6,639 $357,900 $79,500 $278,400
2022 $4,295 $357,900 $79,500 $278,400
2021 $5,379 $226,400 $27,500 $198,900
2020 $5,363 $226,400 $27,500 $198,900
2019 $3,422 $226,400 $27,500 $198,900
2018 $4,610 $175,200 $26,500 $148,700
2017 $4,610 $175,200 $26,500 $148,700
2016 $4,543 $175,200 $26,500 $148,700
2015 $4,219 $152,700 $25,000 $127,700
2014 $4,163 $152,700 $25,000 $127,700
2013 $3,927 $152,700 $25,000 $127,700
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1316239

State-Wide MLS

APN: CENT M:06 P:411

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