NOT LISTED FOR SALE

Estimated Value: $1,121,150 - $1,470,000

6 Beds
3 Baths
3,500 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $475,000 $136 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,468/month

46 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Walking Distance to Water
  • 2 Fireplaces
  • Tennis Courts
  • 3-minute walk to Congdon Parks

About This Home

As of October 2014

Impressive 3 family residence off Kay St with large yard and newly paved circular driveway. Solid rental history with upside potential. Exterior freshly painted, most windows have been replaced, Large rental units w/hardwood floors and high ceilings.

Last Agent to Sell the Property

Steven Tooel

JMG RHODE ISLAND License #REB.0016346 Listed on: 08/13/2014

JMG RHODE ISLAND

Last Buyer's Agent

Jason Brown

William Raveis Inspire License #REB.0018222

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1900

Lot Details

  • 9,200 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 30CRANSTONAVNEWP

Community Details

Overview

  • 3 Units
  • Kay Broadway Subdivision

Amenities

  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,575

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2112
  • Subdivision Name: KAY-BROADWAY
  • Above Grade Finished Sq Ft: 3500.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Living Area: 3500.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 9200.0
  • Parcel #: 30CRANSTONAVNEWP
  • Zoning: r10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4575.0
  • Tax Lot: 56
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 28, 2014
Sold by
Serotta Michael D
Bought by
Mcgillicuddy John G and Mcgillicuddy Kathleen M
Seller's Agent
Steven Tooel
JMG RHODE ISLAND
Buyer's Agent
Jason Brown
William Raveis Inspire
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$1,281,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,538
Avg. Annual Appreciation
9.53%
Original Mortgage
$356,250
Outstanding Balance
$273,903
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,007,635
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
Mcgillicuddy John G $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgillicuddy John G $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2014 10/29/14 Sold $475,000 -9.5% $136 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $525,000 -- $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 $8,397 $966,400 $263,300 $703,100
2024 $7,944 $966,400 $263,300 $703,100
2023 $6,305 $635,600 $186,100 $449,500
2022 $6,070 $631,600 $186,100 $445,500
2021 $5,893 $631,600 $186,100 $445,500
2020 $4,969 $483,400 $152,300 $331,100
2019 $4,969 $483,400 $152,300 $331,100
2018 $4,829 $483,400 $152,300 $331,100
2017 $5,269 $470,000 $117,100 $352,900
2016 $5,137 $470,000 $117,100 $352,900
2015 $5,015 $470,000 $117,100 $352,900
2014 $4,712 $390,700 $117,100 $273,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1076096

State-Wide MLS

APN: NEWP-000019-000000-000056