NOT LISTED FOR SALE

Estimated Value: $545,000 - $608,618

6 Beds
3 Baths
4,086 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $400,000 $98 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,411/month

29 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Storm Windows
  • 2 Car Detached Garage
  • Porch
  • Bathtub with Shower

About This Home

As of April 2021

Why rent when you can own and live for very little while collecting rental income every month!? This fully occupied 3 family is an excellent opportunity for an owner occupant and or investor! Below market rents are due to long term tenants but offer tremendous upside with increased rental income. Very low exterior maintenance includes vinyl siding, vinyl replacement windows and cement driveway. Individually metered utilities are paid by the tenants. 2 new gas forced warm air heating systems, 100 amp electrical circuit breaker panels, separate gas hot water tanks, laundry hook-ups and separate storage in the basement. Each unit offers an eat-in kitchen, living room, 2 bedrooms and 1 bathroom. Plenty of off-street parking for 4-6 cars including a 2 car garage!

Last Agent to Sell the Property

Jimmy Andrade

The Mello Group, Inc. License #RES.0028701 Listed on: 02/06/2021

Last Buyer's Agent

Brian Buonaiuto

NextHome Ocean State Realty Gr License #REB.0018769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,340

Year Built

  • Built in 1920

Lot Details

  • 4,356

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 4,086 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 4,356 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 1571 / 2
  • Assessor Parcel Number 34FRANCESAVCRAN

Community Details

Amenities

  • Shops
  • Public Transportation

Additional Features

  • 3 Units
  • Operating Expense $9,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,340

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 4086.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination
  • Patio And Porch Features: Porch

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: Forced Air, Gas
  • 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: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 34FRANCESAVCRAN
  • Zoning: B2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 9436.06

Tax Info

  • Tax Annual Amount: 5339.97
  • Tax Block: 2
  • Tax Lot: 1571
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
Apr 7, 2021
Sold by
Andrade Afonso M and Andrade Alice C
Bought by
Pognon Kimberly
Seller's Agent
Jimmy Andrade
The Mello Group, Inc.
Buyer's Agent
Brian Buonaiuto
NextHome Ocean State Realty Gr
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Current Estimated Value
$575,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,905
Avg. Annual Appreciation
8.07%
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
Pognon Kimberly $400,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $400,000 +6.7% $98 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $375,000 -- $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
2024 $4,105 $301,600 $66,000 $235,600
2023 $5,700 $301,600 $66,000 $235,600
2022 $5,583 $301,600 $66,000 $235,600
2021 $5,429 $301,600 $66,000 $235,600
2020 $5,340 $257,100 $62,700 $194,400
2019 $5,340 $257,100 $62,700 $194,400
2018 $5,217 $257,100 $62,700 $194,400
2017 $3,969 $173,000 $46,200 $126,800
2016 $3,884 $173,000 $46,200 $126,800
2015 $3,884 $173,000 $46,200 $126,800
2014 $3,629 $158,900 $46,200 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1274952

State-Wide MLS

APN: CRAN-000003-000002-001571