NOT LISTED FOR SALE

Estimated Value: $575,000 - $617,000

6 Beds
3 Baths
3,088 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $440,000 $142 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,842/month

20 Days on Market

Highlights

  • 0.2 Acre Lot
  • Attic
  • Bathtub with Shower
  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of December 2021

HIGHEST AND BEST DUE BY MON NOV 8TH 7 PM. Rare, well-cared for, very large 3-family home on a double lot with off-street parking, a large fenced-in backyard and a 2-car garage. This 3-family consists of 3 2-bedroom apartments with a full living room, dining room, and kitchen so one room could easily be converted into a 3rd bedroom with the addition of a closet. Oil-fired baseboard heat for the 1st floor, gas fired baseboard heat on 2nd floor and gas-on-gas stove / space heater for the 3rd floor. One long-term tenant on 2nd floor paying well below market rent is month to month. 1st and 3rd floor apartments currently vacant. Tenants pay own utilities. Newer roof, newer boiler for 1st floor, durable siding. A large fenced-in backyard are perfect for your pets or make a great play area for children. This home will be hardwired with smokes and COs prior to closing and this home will meet FHA requirements. Potential value add with included second lot (lot 251) appears to be buildable in an R3 Zone suitable by right for a 2-family home (see photos for zoning plat map and zoning ordinances. Each lot is 4400 square feet with 40 feet of frontage and 110 feet of depth. Both lots will convey with this sale (lots 252 and 251). Buyer responsible for all due diligence regarding suitability of 2nd lot for new construction. Taxes do NOT reflect homestead exemption. Taxes with homestead estimated at $2686 per year.

Last Agent to Sell the Property

Prem Prop RI Team

Premier Properties RI Listed on: 11/02/2021

Last Buyer's Agent

Rachel Langley

Warner Realty Group License #RES.0044614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,887

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,088 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

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
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service

Community Details

  • 2 Buildings
  • 3 Units
  • Smith Hill Neighborhood Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 252
  • Assessor Parcel Number 35FELIXSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,887

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Subdivision Name: Smith Hill Neighborhood
  • Above Grade Finished Sq Ft: 3088.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Wood Siding, Other, Shingle Siding
  • Foundation Details: Combination

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: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 35FELIXSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4887.44
  • Tax Lot: 252
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 23, 2021
Sold by
Caerus Properties Llc
Bought by
Toland Julie
Seller's Agent
Prem Prop RI Team
Premier Properties RI
Buyer's Agent
Rachel Langley
Warner Realty Group
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Total Days on Market
20
Current Estimated Value
$602,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,000
Avg. Annual Appreciation
9.45%
Original Mortgage
$330,000
Outstanding Balance
$305,507
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,493

Purchase Details

Closed on
Oct 12, 2021
Sold by
Trask Ann D and Trask Anthony B
Bought by
Caerus Properties Llc
Source: Public Records

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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
Toland Julie $440,000 None Available
Caerus Properties Llc $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toland Julie $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $440,000 +10.0% $142 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $399,900 -- $130 / 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 $5,700 $310,600 $68,300 $242,300
2023 $5,700 $310,600 $68,300 $242,300
2022 $5,529 $310,600 $68,300 $242,300
2021 $4,477 $182,300 $34,300 $148,000
2020 $4,477 $182,300 $34,300 $148,000
2019 $4,477 $182,300 $34,300 $148,000
2018 $4,046 $126,600 $36,800 $89,800
2017 $4,046 $126,600 $36,800 $89,800
2016 $4,046 $126,600 $36,800 $89,800
2015 $3,909 $118,100 $48,200 $69,900
2014 $3,986 $118,100 $48,200 $69,900
2013 $3,986 $118,100 $48,200 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1297500

State-Wide MLS

APN: PROV-660252-000000-000000