NOT LISTED FOR SALE

338 Mendon Rd Cumberland, RI 02864

Berkeley Neighborhood

Estimated Value: $484,073 - $601,000

5 Beds
2 Baths
4,340 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $400,000 $92 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,225/month

20 Days on Market

Highlights

  • 0.58 Acre Lot
  • Wood Flooring
  • Hot Water Heating System
  • Cumberland High School Rated 9+
  • 2 Car Detached Garage

About This Home

As of October 2021

Outstanding opportunity for either owner occupant, or investment! With single level living in each unit, ample updates, a large yard and 2 car garage, the options are endless! Long term renter offers stability, while the (vacant upon closing) top floor allows you to occupy or bring in your own tenant. Economical gas heat, preferred maintenance free town water/town sewer, rarely does such a turn key investment property with such a home feel become available. Separate electric meters (panels updated in 2010), 2 brand new hot water tanks, and young heating systems (both 12 years), the value is reinforced throughout!

Last Agent to Sell the Property

Julie Etter

BHHS Evolution Properties License #REB.0018892 Listed on: 09/01/2021

BHHS Evolution Properties

Last Buyer's Agent

Riley White

Keller Williams Leading Edge License #REB.0019467

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1900

Lot Details

  • 0.58 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,340 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Block 45
  • Assessor Parcel Number 338340MENDONRDCUMB

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5773
  • Above Grade Finished Sq Ft: 4340.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding

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: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25146.0
  • Parcel #: 338340MENDONRDCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3390.0
  • Tax Block: 45
  • Tax Lot: 00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 22, 2021
Sold by
Follett Darlene L and Follett Daniel A
Bought by
Oduro Francis
Seller's Agent
Julie Etter
BHHS Evolution Properties
Buyer's Agent
Riley White
Keller Williams Leading Edge
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$528,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,768
Avg. Annual Appreciation
7.32%
Original Mortgage
$392,755
Outstanding Balance
$358,932
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$169,836

Purchase Details

Closed on
Feb 5, 2021
Sold by
Follett Darlene L and Follett Daniel A
Bought by
Follett Darlene L and Follett Daniel A

Purchase Details

Closed on
Nov 30, 2009
Sold by
Cross Realty Llc
Bought by
Follett Daniel A and Dorion Darlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2008
Sold by
Carter Jeanne M and Mclean Jeannette
Bought by
Cross Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oduro Francis $400,000 None Available
Follett Darlene L -- None Available
Follett Daniel A $220,000 --
Cross Realty Llc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oduro Francis $392,755
Previous Owner Cross Realty Llc $216,015
Previous Owner Cross Realty Llc $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $400,000 0.0% $92 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $399,900 -- $92 / 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 $5,068 $413,000 $104,600 $308,400
2024 $4,935 $413,000 $104,600 $308,400
2023 $4,799 $413,000 $104,600 $308,400
2022 $3,548 $236,700 $76,700 $160,000
2021 $3,489 $236,700 $76,700 $160,000
2020 $3,390 $236,700 $76,700 $160,000
2019 $3,778 $237,900 $66,200 $171,700
2018 $945 $237,900 $66,200 $171,700
2017 $3,618 $237,900 $66,200 $171,700
2016 $3,416 $200,000 $70,400 $129,600
2015 $3,416 $200,000 $70,400 $129,600
2014 $3,416 $200,000 $70,400 $129,600
2013 $3,380 $214,200 $69,000 $145,200
Source: Public Records

Agents Affiliated with this Home

  • Julie Etter

    Seller's Agent in 2021

    Julie Etter

    BHHS Evolution Properties

    (508) 259-3025

    1 in this area

    358 Total Sales

    Julie Etter
    Section Image
  • Riley White

    Buyer's Agent in 2021

    Riley White

    Keller Williams Leading Edge

    (401) 575-1285

    1 in this area

    118 Total Sales

    Riley White
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1292540

State-Wide MLS

APN: CUMB-000013-000045-000000

Rhode Island Providence County Cumberland 02864 Berkeley

338 Mendon Rd, Cumberland, RI

This home is located at 338 Mendon Rd, Cumberland, RI 02864 since 01 September 2021 and is currently estimated at $528,768, approximately $121 per square foot. This property was built in 1900. 338 Mendon Rd is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

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