NOT LISTED FOR SALE

3 Spruce Dr Hope, RI 02831

2 Beds
2 Baths
2,274 Sq Ft
10,775 Sq Ft Lot Lot

Sale Details

Date Sold: April 11, 2024

Last sale price $460,000 $202 Per Sq Ft

143 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Thermal Windows
  • Waterfront
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of April 2024

Waterfront on the Pawtuxet River is where you will find this legal duplex nestled in the heart of picturesque Hope,R.I. Enjoy the beauty of the river or sit out on the patio watching the ducks and geese playing in the water or relax by the fire-pit on a lovely summer night. Enjoy kayaking and canoeing from your back yard. You will definitely enjoy waking up with the breathtaking view of the river. The right side of the duplex is currently being used as an Airbnb. Tenant on left side is related to family and their rent is below market value. The Airbnb is generating good income. Income and expenses will be provided. Property is approved within the town as a legal 2 family and a legal Airbnb. The use will transfer with the sale. The Airbnb unit has been totally remodeled . Reviews posted on Airbnb such as Pristine, beautiful view, very quiet and peaceful. Definitely recommend to anyone .The possibilities for this property are endless, Either owner occupied in one of the units and collect rent for tenant or continue the use of the Airbnb. Furniture on the Airbnb side is available for purchase.

Last Agent to Sell the Property

Janet Audet

Coldwell Banker Realty License #RES.0022997 Listed on: 10/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Janet Audet

Coldwell Banker Realty License #RES.0022997 Listed on: 10/03/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1970

Lot Details

  • 10,775 Sq Ft Lot
  • Waterfront

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Water Views
  • Storm Doors
  • Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 290
  • Assessor Parcel Number 3SPRUCEDRSCIT

Community Details

Overview

  • 2 Units
  • Ring Rock Acres Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,425

Year Built

Built in 1970

Lot Details

10,775 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2474
  • Subdivision Name: Ring Rock Acres
  • Above Grade Finished Sq Ft: 2274.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1970
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Waterfront, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10775.0
  • Parcel #: 3SPRUCEDRSCIT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4425.0
  • Tax Lot: 290
  • Tax Year: 2022
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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 List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold $460,000 -6.1% $202 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
10/03/2023 10/03/23 For Sale $489,900 +277.1% $215 / Sq Ft
04/24/2013 04/24/13 Sold $129,900 -35.0% $57 / Sq Ft View Prior Sale
03/25/2013 03/25/13 Pending -- -- --
05/13/2012 05/13/12 For Sale $199,900 -- $88 / Sq Ft
Source: State-Wide MLS

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 $4,575 $264,000 $105,700 $158,300
2024 $4,575 $264,000 $105,700 $158,300
2023 $4,425 $264,000 $105,700 $158,300
2022 $4,239 $258,800 $105,700 $153,100
2021 $3,476 $188,000 $58,200 $129,800
2020 $3,435 $188,000 $58,200 $129,800
2019 $3,363 $188,000 $58,200 $129,800
2018 $2,736 $141,100 $49,700 $91,400
2017 $2,656 $141,100 $49,700 $91,400
2016 $2,545 $141,100 $49,700 $91,400
2015 $2,753 $143,700 $43,500 $100,200
2014 $2,707 $142,600 $43,500 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1345231

State-Wide MLS

APN: SCIT M:10-0 L:290-00

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