NOT LISTED FOR SALE

Estimated Value: $750,492 - $858,000

-- Bed
2 Baths
1,020 Sq Ft
$788/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $500,000 $490 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,072/month

15 Days on Market

Highlights

  • Wood Flooring
  • Upgraded Countertops
  • Programmable Thermostat
  • No HOA
  • Energy-Efficient Appliances
  • Forced Air Heating and Cooling System

About This Home

As of February 2013

New Renovation! Condo Alternative w/ Income blocks from Rhode Island Metro. ~$2250 mortgage lets you rent out bottom unit for $1500 and live for $750/mo Everything brand new, Stunning Design, Unique fixtures, Granite Counters, Stainless steel appliances, Hardwood flooring throughout, Two Master Baths, Central HVAC, W/D, Rental Unit with CofO Plus Parking. Must See! Open House Sunday Dec 9th 1-4 pm

Last Agent to Sell the Property

Sofonias Astatke

Equilibrium Realty, LLC Listed on: 12/05/2012

Last Buyer's Agent

Didier Ramos

Allison James Estates & Homes License #MRIS:126374

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1924 | Remodeled in 2012

Lot Details

  • 943 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Finished Basement

  • English Basement
  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Front and Rear Basement Entry
  • Basement Windows

Parking

  • Garage
  • Rear-Facing Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • En-Suite Bathroom
  • Stacked Washer and Dryer
  • Energy-Efficient Appliances

Listing and Financial Details

  • The owner pays for insurance, management, repairs, supplies, real estate taxes
  • Tax Lot 69
  • Assessor Parcel Number 3562//0069

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,247

Year Built

Built in 1924 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1924
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
  • Interior Amenities: Master Bath(s), Upgraded Countertops, Wood Floors
  • Fireplace Features: Equipment
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Front Entrance, Outside Entrance, Rear Entrance, Daylight, Full, English, Full, Fully Finished, Heated, Improved, Walkout Level, Walkout Stairs, Windows
  • Price Per Sq Ft: 514.71

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Rear Entry
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Central, Electric, Natural Gas
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 111270.00
  • Land Assessed Value: 153110.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 943
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 943.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2011
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Management, Repairs, Supplies, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16063993
  • Tax Annual Amount: 2247.23
  • Assessor Parcel Number: 3562//0069
  • Tax Lot: 69
  • Tax Total Finished Sq Ft: 1020
  • Tax Year: 2011
  • Close Date: 02/28/2013

Multi Family

  • Gross Income: 48000.00
  • Metering: Fully Separate
  • Operating Expense: 5000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2012
Closed on
Feb 28, 2013
Sold by
Equilibrium Fund Prop 8 Llc
Bought by
Agold Daniel J
Seller's Agent
Sofonias Astatke
Equilibrium Realty, LLC
Buyer's Agent
Didier Ramos
Allison James Estates & Homes
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$804,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,246
Avg. Annual Appreciation
3.90%
Original Mortgage
$500,000
Outstanding Balance
$352,292
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$454,102

Purchase Details

Closed on
May 5, 2011
Sold by
Federal National Mortgage Association
Bought by
Equilibrium Fund Prop S Llc

Purchase Details

Closed on
May 3, 2011
Sold by
Bierman Sub Tr Howard N and Fawehinmi Odusan Abimbola J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 16, 1998
Sold by
Franklin Gordon
Bought by
Fawehinmi Abimbola J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,850
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1998
Sold by
Howard Michael P and Howard Charlene A W
Bought by
Franklin Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,850
Interest Rate
6.98%
Mortgage Type
FHA
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
Agold Daniel J $500,000 --
Equilibrium Fund Prop S Llc $160,000 --
Federal National Mortgage Association $174,000 --
Fawehinmi Abimbola J $125,000 --
Franklin Gordon $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agold Daniel J $130,000
Open Agold Daniel J $500,000
Previous Owner Equilibrium Fund Prop 5 Llc $100,000
Previous Owner Fawehinmi Abimbola J $18,000
Previous Owner Fawehinmi Odusan Abimbola J $175,000
Previous Owner Fawehinmi Abimbola J $124,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $500,000 -4.8% $490 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $525,000 -- $515 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004234710

Bright MLS

APN: 3562 0069