NOT LISTED FOR SALE

Estimated Value: $381,000 - $452,898

5 Beds
3 Baths
1,246 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $350,000 $281 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,600/month

10 Days on Market

Highlights

  • Bathtub with Shower
  • Property near a hospital
  • Paved or Partially Paved Lot
  • Public Transportation
  • Baseboard Heating
  • 2-minute walk to Bina's Playground

About This Home

As of April 2023

We are in a multiple offer situation. All offers by 12pm on Thursday March 9th.

3 family home in the historic Artic area could be a great opportunity for a first-time home buyer looking to have their mortgage supplemented by tenants. The fact that the property is three stories with each unit having its own access is a nice feature, as it provides a level of privacy and independence for each tenant. Additionally, the property's six parking spaces are a valuable asset, as it means tenants won't have to park on the street.

The fact that the property is within walking distance to many shops and conveniences is also a plus, as it makes the location attractive to potential tenants. Overall, this property could be a great owner-occupy or investment opportunity for someone looking to get into the real estate market.

Last Agent to Sell the Property

Hollie Curtis

JMG RHODE ISLAND License #REC.0005245 Listed on: 03/03/2023

Last Buyer's Agent

Rylee Leonard

BHHS Commonwealth Real Estate License #RES.0047233

BHHS  Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,246 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

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

Community Details

  • 3 Units
  • Public Transportation
  • Operating Expense $6,393

Listing and Financial Details

  • Tax Lot 483
  • Assessor Parcel Number 35SHIPPEEAVWWAR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,723

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Above Grade Finished Sq Ft: 1246.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 35SHIPPEEAVWWAR
  • Zoning: R75
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6393.19

Tax Info

  • Tax Annual Amount: 3723.0
  • Tax Lot: 483
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 19, 2023
Sold by
Waltonen Thayden B and Waltonen Linda J
Bought by
Leonard Rylee
Seller's Agent
Hollie Curtis
JMG RHODE ISLAND
Buyer's Agent
Rylee Leonard
BHHS Commonwealth Real Estate
List Price
$315,000
Sold Price
$350,000
Premium/Discount to List
$35,000
11.11%
Views
190
Current Estimated Value
$415,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,975
Avg. Annual Appreciation
6.18%
Original Mortgage
$332,500
Outstanding Balance
$323,813
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,098
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
Leonard Rylee $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Rylee $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $350,000 +11.1% $281 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $315,000 -- $253 / 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 $4,830 $315,900 $79,000 $236,900
2024 $3,859 $188,500 $50,200 $138,300
2023 $3,783 $188,500 $50,200 $138,300
2022 $3,723 $188,500 $50,200 $138,300
2021 $4,630 $154,900 $41,200 $113,700
2020 $4,630 $154,900 $41,200 $113,700
2019 $4,542 $154,900 $41,200 $113,700
2018 $4,449 $113,500 $38,700 $74,800
2017 $4,307 $113,500 $38,700 $74,800
2016 $4,230 $113,500 $38,700 $74,800
2015 $4,062 $109,000 $38,700 $70,300
2014 $3,973 $109,000 $38,700 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1330738

State-Wide MLS

APN: WWAR-000005-000483-000000