NOT LISTED FOR SALE

291 Waterman Ave Smithfield, RI 02917

Estimated Value: $516,978 - $608,000

4 Beds
2 Baths
3,324 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $530,000 $159 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,401/month

21 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Corner Lot
  • Vincent J. Gallagher Middle School Rated A-
  • Attic
  • Tennis Courts

About This Home

As of August 2024

Mint 2 family in Smithfield 2 beds on each floor, hardwoods throughout, replacement windows, vinyl siding, newer boilers and hot water tanks, fenced yard plus 2 car detached garage on corner lot

Last Agent to Sell the Property

Roseann Halladay

RE/MAX Preferred License #RES.0027483 Listed on: 06/11/2024

RE/MAX Preferred

Last Buyer's Agent

Matthew Mailhot

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1920

Lot Details

  • 5,200 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 052
  • Assessor Parcel Number 291WATERMANAVSMTH

Community Details

Overview

  • 2 Units
  • Esmond Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,825

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1194
  • Subdivision Name: Esmond
  • Above Grade Finished Sq Ft: 3324.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • 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: 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
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5200.0
  • Parcel #: 291WATERMANAVSMTH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3825.0
  • Tax Lot: 052
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 6, 2024
Sold by
Pitrone Richard A and Pitrone Stephanie L
Bought by
Mailhot Mathew and Charon Timothy
Seller's Agent
Roseann Halladay
RE/MAX Preferred
Buyer's Agent
Matthew Mailhot
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%
Views
48
Current Estimated Value
$560,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,495
Avg. Annual Appreciation
3.91%
Original Mortgage
$520,400
Outstanding Balance
$513,553
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$46,942

Purchase Details

Closed on
Jan 13, 1998
Sold by
Hood Kevin J
Bought by
Pitrone Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,700
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Mailhot Mathew $530,000 None Available
Mailhot Mathew $530,000 None Available
Mailhot Mathew $530,000 None Available
Pitrone Richard A $125,000 --
Pitrone Richard A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mailhot Mathew $520,400
Closed Mailhot Mathew $520,400
Previous Owner Pitrone Richard A $33,000
Previous Owner Pitrone Richard A $129,000
Previous Owner Pitrone Richard A $118,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $530,000 +6.0% $159 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $499,900 -- $150 / 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
2025 $5,982 $482,800 $114,700 $368,100
2024 $4,026 $278,800 $97,200 $181,600
2023 $3,825 $278,800 $97,200 $181,600
2022 $3,725 $278,800 $97,200 $181,600
2021 $3,193 $186,400 $72,000 $114,400
2020 $3,133 $186,400 $72,000 $114,400
2019 $3,133 $186,400 $72,000 $114,400
2018 $2,845 $162,000 $60,000 $102,000
2017 $2,845 $162,000 $60,000 $102,000
2016 $2,710 $162,000 $60,000 $102,000
2015 $3,170 $180,400 $59,300 $121,100
2012 $3,113 $194,300 $70,500 $123,800
Source: Public Records

Agents Affiliated with this Home

  • Roseann Halladay

    Seller's Agent in 2024

    Roseann Halladay

    RE/MAX Preferred

    (401) 353-2200

    7 in this area

    88 Total Sales

    Roseann Halladay
    Section Image

  • M

    Buyer's Agent in 2024

    Matthew Mailhot

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1361371

State-Wide MLS

APN: SMIT-000026-000000-000052

Rhode Island Providence County Smithfield 02917

291 Waterman Ave, Smithfield, RI

Not Listed for Sale

MultiFamily

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