NOT LISTED FOR SALE

Estimated Value: $428,901 - $553,000

3 Beds
2 Baths
2,817 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $370,000 $131 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,956/month

16 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • Laundry Room

About This Home

As of November 2022

Take advantage of this great opportunity to own a two family in Johnston. This property features a new roof, vinyl replacement windows, new hot water tanks, vinyl siding exterior, with separate utilites for each unit. The first-floor unit offers 2 bedrooms, 1 bathroom, with a living room that flows into the dining room with a galley style kitchen. This unit has interior access to the basement featuring a laundry area, additional room for storage and access to the backyard. The 2nd floor features a 1 bedroom, 1 bath unit that has been recently renovated throughout and equipped with modern kitchen appliances and has a separate entrance from the first-floor unit. The property features a full length driveway that extends to the rear patio leading to the backyard and additional off street parking in the front of the house. This property is centrally located to all conveniences, shopping centers, hospitals, minutes to Rt. 6&10, I95 & I295, minutes to downtown providence, ideal for Airbnb, short- & long-term rentals. Owner occupants can take advantage of the homestead tax exemption. Subject to seller finding suitable housing, property will be fully vacant upon closing. Book a showing today for this income producing property!

Last Agent to Sell the Property

Francesca Gallonio

Real Broker, LLC License #RES.0046522 Listed on: 08/22/2022

Real Broker, LLC

Last Buyer's Agent

Johanna Stephenson

Broadway Real Estate Group License #RES.0040376

Broadway Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1932

Lot Details

  • 0.28

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,817 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Additional Features

  • 0.28 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 31FAIRVIEWSTJOHN

Community Details

Overview

  • 2 Units
  • Borden Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $8,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,448

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2755
  • Inclusions: Rents reflect market rents, property will be vacant upon closing
  • Subdivision Name: Borden
  • Above Grade Finished Sq Ft: 2817.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1932
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Block, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12000.0
  • Parcel #: 31FAIRVIEWSTJOHN
  • Zoning: R15
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8100.0

Tax Info

  • Tax Annual Amount: 4448.14
  • Tax Lot: 154
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 2, 2022
Sold by
Medina David and Sexton Nicole
Bought by
Mancillas Mileidy Y
Seller's Agent
Francesca Gallonio
Real Broker, LLC
Buyer's Agent
Johanna Stephenson
Broadway Real Estate Group
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%
Views
82
Current Estimated Value
$482,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,975
Avg. Annual Appreciation
8.63%
Original Mortgage
$331,705
Outstanding Balance
$317,208
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$165,767

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jun 4, 2019
Sold by
Desousa Nicholas
Bought by
Medina David and Sexton Nicole
Seller's Agent
JoAnn Carlton
RE/MAX Properties
Buyer's Agent
Christina Guimar
Realty ONE Group Executives
List Price
$224,900
Sold Price
$227,000
Premium/Discount to List
$2,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$222,888
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2011
Sold by
Beachwood Builders
Bought by
Desousa Nicholas

Purchase Details

Closed on
Dec 13, 2010
Sold by
Narragansett Bay Comm
Bought by
Beachwood Builders

Purchase Details

Closed on
Sep 2, 2004
Sold by
Sullivan Allen
Bought by
Fiontella Joseph and Fiontella Diane

Purchase Details

Closed on
Dec 9, 2002
Sold by
Johnston Phillip G
Bought by
Sullivan Allen

Purchase Details

Closed on
Sep 2, 1999
Sold by
Ferruolo Edward A
Bought by
Johnson Phillip G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mancillas Mileidy Y $370,000 None Available
Mancillas Mileidy Y $370,000 None Available
Medina David $227,000 --
Medina David $227,000 --
Desousa Nicholas $3,486 --
Desousa Nicholas $3,486 --
Beachwood Builders $3,091 --
Beachwood Builders $3,091 --
Fiontella Joseph $205,000 --
Fiontella Joseph $205,000 --
Sullivan Allen $176,000 --
Sullivan Allen $176,000 --
Johnson Phillip G $100,000 --
Johnson Phillip G $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancillas Mileidy Y $331,705
Closed Mancillas Mileidy Y $331,705
Previous Owner Medina David $222,888
Previous Owner Johnson Phillip G $153,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2022 11/02/22 Sold $370,000 +2.8% $131 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $360,000 +58.6% $128 / Sq Ft
06/21/2019 06/21/19 Sold $227,000 +0.9% $81 / Sq Ft View Prior Sale
05/22/2019 05/22/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $224,900 -- $80 / 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 $5,472 $350,300 $92,500 $257,800
2024 $5,360 $350,300 $92,500 $257,800
2023 $5,360 $350,300 $92,500 $257,800
2022 $4,448 $191,400 $68,500 $122,900
2021 $4,448 $191,400 $68,500 $122,900
2018 $3,939 $143,300 $51,000 $92,300
2016 $5,212 $143,300 $51,000 $92,300
2015 $3,737 $128,900 $51,500 $77,400
2014 $3,706 $128,900 $51,500 $77,400
2013 $3,706 $128,900 $51,500 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1318429

State-Wide MLS

APN: JOHN-000012-000000-000154