NOT LISTED FOR SALE

31 Edward Ave Rumford, RI 02916

Phillipsdale Neighborhood

Estimated Value: $528,261 - $658,000

4 Beds
2 Baths
3,297 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $500,000 $152 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,661/month

22 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Car Detached Garage
  • Golf Course Community
  • Tennis Courts
  • Thermal Windows

About This Home

As of September 2022

Location! Location! Location! This absolutely impeccable property is not only in incredible condition but it's also just a couple blocks from Wannamoisett Country Club and is surrounded by beautiful single family homes in a quiet neighborhood. This area of Rumford offers easy access to the well-known and highly rated private golf course, highway, restaurants and shops Rumford and nearby Providence has to offer! Two fully renovated units with two new granite kitchens, stainless steel appliances, new lighting fixtures and fully renovated bathrooms. Each unit offers two bedrooms, full bath, new kitchen, family room and the first floor has a beautiful sunroom off the back of the house. 2 Car detached garage with a level and private back yard. The unfinished basement level features two large secure storage rooms for the tenants, a utility sink and double washer and dryer for the tenants use. Independent tenant paid utilities for gas and electric, separate heating systems, high efficiency natural gas heat, central air for both units and a low maintenance vinyl exterior with vinyl replacement windows. If you are hoping to keep this as a rental both current tenants have been incredible, long term, reliable and a pleasure to work with.

Last Agent to Sell the Property

Jennifer Mello

The Mello Group, Inc. Listed on: 07/20/2022

Last Buyer's Agent

Adam Osetek

Compass License #RES.0045287

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,378

Year Built

  • Built in 1967

Lot Details

  • 5,750

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • 5,750 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 12 / 08
  • Assessor Parcel Number 31EDWARDAVEPRO

Community Details

Overview

  • 2 Units
  • Rumford Wannamoisett Country Club Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,378

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.132
  • Inclusions: Broker related to seller
  • Subdivision Name: Rumford- Wannamoisett Country Club
  • Above Grade Finished Sq Ft: 3297.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

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: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5750.0
  • Parcel #: 31EDWARDAVEPRO
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 5378.0
  • Tax Block: 08
  • Tax Lot: 12
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 1, 2022
Sold by
Marie Thomas Everett Lt
Bought by
Wright Joyce E
Seller's Agent
Jennifer Mello
The Mello Group, Inc.
Buyer's Agent
Adam Osetek
Compass
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
12
Current Estimated Value
$589,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,565
Avg. Annual Appreciation
4.44%
Original Mortgage
$425,000
Outstanding Balance
$408,439
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,195

Purchase Details

Closed on
Jan 24, 2020
Sold by
William H Everett Lt
Bought by
Marie Thomas Everett Lt

Purchase Details

Closed on
May 23, 2018
Sold by
Lincoln Austin Llc
Bought by
Thomas-Everett Marie

Purchase Details

Closed on
Jul 27, 2015
Sold by
Thomas-Everett Marie and Everett William H
Bought by
Lincoln Austin Llc

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 20, 2015
Sold by
Mary D Williamson Lt
Bought by
Everett Marie T and Everett William H
Seller's Agent
Alyson Roslonek
Milestone Realty, Inc.
Buyer's Agent
Gary Mello
The Mello Group, Inc.
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$146,250
Interest Rate
3.6%
Source: Public Records

Range of Values:

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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
Wright Joyce E $500,000 None Available
Marie Thomas Everett Lt -- None Available
Thomas-Everett Marie -- --
Lincoln Austin Llc -- --
Everett Marie T $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Joyce E $425,000
Previous Owner Everett Marie T $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $500,000 +0.2% $152 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $499,000 0.0% $151 / Sq Ft
10/07/2015 10/07/15 For Rent $1,350 0.0% --
10/07/2015 10/07/15 Rented $1,350 0.0% --
03/20/2015 03/20/15 Sold $195,000 -11.0% $93 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $219,000 -- $104 / 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
2024 $6,242 $407,200 $124,100 $283,100
2023 $6,010 $407,200 $124,100 $283,100
2022 $5,710 $261,200 $69,600 $191,600
2021 $5,616 $261,200 $62,800 $198,400
2020 $5,378 $261,200 $62,800 $198,400
2019 $5,229 $261,200 $62,800 $198,400
2018 $5,093 $222,600 $57,100 $165,500
2017 $4,980 $222,600 $57,100 $165,500
2016 $4,955 $222,600 $57,100 $165,500
2015 $4,870 $212,200 $54,300 $157,900
2014 -- $212,200 $54,300 $157,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Mello

    Seller's Agent in 2022

    Jennifer Mello

    The Mello Group, Inc.

    (401) 339-1506

    1 in this area

    169 Total Sales

    Jennifer Mello
    Section Image
  • Adam Osetek

    Buyer's Agent in 2022

    Adam Osetek

    Compass

    (401) 744-2692

    1 in this area

    68 Total Sales

    Adam Osetek
    Section Image
  • Alyson Roslonek

    Seller's Agent in 2015

    Alyson Roslonek

    Milestone Realty, Inc.

    (401) 529-7030

    2 in this area

    55 Total Sales

    Alyson Roslonek
    Section Image

  • G

    Seller's Agent in 2015

    Gary Mello

    The Mello Group, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1315833

State-Wide MLS

APN: EPRO-000303-000008-000012

Rhode Island Providence County Rumford 02916 Phillipsdale

31 Edward Ave, Rumford, RI

This home is located at 31 Edward Ave, Rumford, RI 02916 since 20 July 2022 and is currently estimated at $589,565, approximately $178 per square foot. This property was built in 1967. 31 Edward Ave is a home located in Providence County with nearby schools including East Providence High School, St Margaret School, and Saint Teresa Catholic Elementary School.

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