$405,000
SOLD AUG 27, 2021

322 Grove St Woonsocket, RI 02895

Bernon District Neighborhood
8 Beds
3 Baths
7,224 Sq Ft
7,754 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

3% Below List Price

42 Days on Market

Highlights

  • Golf Course Community
  • Bathtub with Shower
  • Storage Room
  • Tennis Courts
  • Laundry Room
  • Public Transportation

About This Home

As of August 2021

Massive Three Family with outstanding cash flow + 2 long term tenants at decent rents.

Large rear porches, yard, large units + W/D Hookups mean your property will always be rented!

New roof this year, young hot water tanks, + boiler, some new appliances, and vinyl siding, make this property very low maintenance.

Schedule your showing today....Check out the 360 tour too!!

Last Agent to Sell the Property

Stacy Corrigan

Real Broker, LLC License #REB.0016898 Listed on: 06/15/2021

Last Buyer's Agent

Stacy Corrigan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 1880

Home Design

  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 7,224 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • 7,754 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 390 / H
  • Assessor Parcel Number 322GROVESTWOON

Community Details

Overview

  • 3 Units
  • Bernon Heights Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $10,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,250

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.178
  • Subdivision Name: Bernon Heights
  • Above Grade Finished Sq Ft: 7224.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, 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: 7754.0
  • Parcel #: 322GROVESTWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10838.4

Tax Info

  • Tax Annual Amount: 4250.4
  • Tax Block: H
  • Tax Lot: 390
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 27, 2021
Sold by
Lin Jin X
Bought by
Gately Tammie
Seller's Agent
Stacy Corrigan
Real Broker, LLC
Buyer's Agent
Stacy Corrigan
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Total Days on Market
42
Current Estimated Value
$563,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,536
Avg. Annual Appreciation
7.70%
Original Mortgage
$397,664
Outstanding Balance
$368,870
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$167,144

Purchase Details

Closed on
Nov 5, 2008
Sold by
Hldngs Bay
Bought by
Acosta Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,981
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2007
Sold by
Mortgage Guaranty Ins
Bought by
Binette Chad P

Purchase Details

Closed on
Mar 23, 2004
Sold by
Martel James
Bought by
Gardner Carlton B

Purchase Details

Closed on
Sep 30, 2002
Sold by
Wells Fargo Home Mtg
Bought by
Wells Fargo Home Mtg

Purchase Details

Closed on
Apr 30, 2001
Sold by
Abbott Lee
Bought by
Spicer Sean D and Spicer Colleen R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Available
Warranty Deed $405,000 None Available
Deed $155,000 --
Deed $155,000 --
Deed $290,000 --
Deed $290,000 --
Deed $290,000 --
Deed $325,000 --
Deed $325,000 --
Deed $96,500 --
Deed $96,500 --
Deed $69,000 --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,664 FHA
Closed $397,664 FHA
Previous Owner $191,250 Adjustable Rate Mortgage/ARM
Previous Owner $152,981 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $405,000 -3.3% $56 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $419,000 +64.3% $58 / Sq Ft
11/27/2018 11/27/18 Sold $255,000 -1.9% $80 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $259,900 -- $82 / 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 $4,849 $333,500 $91,200 $242,300
2023 $4,662 $333,500 $91,200 $242,300
2022 $4,662 $333,500 $91,200 $242,300
2021 $4,206 $177,100 $37,200 $139,900
2020 $4,250 $177,100 $37,200 $139,900
2018 $4,265 $177,100 $37,200 $139,900
2017 $4,283 $142,300 $40,700 $101,600
2016 $4,531 $142,300 $40,700 $101,600
2015 $5,205 $142,300 $40,700 $101,600
2014 $4,992 $138,900 $44,800 $94,100
Source: Public Records

Agents Affiliated with this Home

  • Stacy Corrigan

    Seller's Agent in 2021

    Stacy Corrigan

    Real Broker, LLC

    (401) 829-8323

    17 in this area

    106 Total Sales

    Stacy Corrigan
    Section Image
  • Scott McGee

    Seller's Agent in 2018

    Scott McGee

    RE/MAX Properties

    (401) 639-2906

    47 in this area

    1,097 Total Sales

    Scott McGee
    Section Image
  • Christine Corriveau

    Seller Co-Listing Agent in 2018

    Christine Corriveau

    RE/MAX Properties

    17 in this area

    137 Total Sales

    Christine Corriveau
    Section Image

  • J

    Buyer's Agent in 2018

    Jimmy Cloutier

    Peace of Mind Prop. Mgmt & R.E

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1285583

State-Wide MLS

APN: WOON-000023H-000390-000006

Rhode Island Providence County Woonsocket 02895 Bernon District

322 Grove St, Woonsocket, RI

This home is located at 322 Grove St, Woonsocket, RI 02895 and is currently priced at $405,000, approximately $56 per square foot. This property was built in 1880. 322 Grove St is a home located in Providence County with nearby schools including Woonsocket High School, Founders Academy, and Beacon Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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