NOT LISTED FOR SALE

36 Fortin Rd Kingston, RI 02881

Estimated Value: $1,148,871

6 Beds
4.5 Baths
3,248 Sq Ft
$354/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $480,000 $148 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,739/month

60 Days on Market

Highlights

  • Marina
  • Deck
  • Furnished
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of October 2013

Four unit, virtually on campus - great numbers! Excellent investment, easy to rent & maintain. All fire code updated. Rents come to $51,300 a year. Separate utilities and meters. Landlord pays utilities.

Last Agent to Sell the Property

Dave Binns

RE/MAX FLAGSHIP, INC. License #REB.0012927 Listed on: 07/18/2013

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Dave Binns

RE/MAX FLAGSHIP, INC. License #REB.0012927 Listed on: 07/18/2013

RE/MAX FLAGSHIP, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1950

Lot Details

  • 0.36

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Thermal Windows

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 0.36 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 36FORTINRDSKNG

Community Details

Overview

  • 4 Units
  • Kingston Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $19,371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,051

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.36
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: KINGSTON
  • Above Grade Finished Sq Ft: 3248.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Furnished, Cable TV
  • Living Area: 3248.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 15682.0
  • Parcel #: 36FORTINRDSKNG
  • Zoning: RES10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 19371.0

Tax Info

  • Tax Annual Amount: 5051.0
  • Tax Lot: 10
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 17, 2013
Sold by
Lisi Steven V
Bought by
Fortin Place Llc
Seller's Agent
Dave Binns
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Dave Binns
RE/MAX FLAGSHIP, INC.
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$1,148,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,871

Purchase Details

Closed on
Jul 24, 2007
Sold by
Shao Margaret P
Bought by
Lisi Steven V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,500
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1996
Sold by
Larkin Richard N and Larkin Barbara
Bought by
Shao Margaret P and Shao David
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
Fortin Place Llc $480,000 --
Fortin Place Llc $480,000 --
Lisi Steven V $424,000 --
Lisi Steven V $424,000 --
Shao Margaret P $156,000 --
Shao Margaret P $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shao Margaret P $278,500
Previous Owner Shao Margaret P $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2013 10/17/13 Sold $480,000 0.0% $148 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $479,900 -- $148 / 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 $6,338 $573,600 $169,800 $403,800
2023 $6,338 $573,600 $169,800 $403,800
2022 $6,281 $573,600 $169,800 $403,800
2021 $7,962 $551,000 $130,600 $420,400
2020 $7,962 $551,000 $130,600 $420,400
2019 $7,638 $528,600 $130,600 $398,000
2018 $7,530 $480,200 $124,800 $355,400
2017 $7,352 $480,200 $124,800 $355,400
2016 $7,246 $480,200 $124,800 $355,400
2015 $5,280 $340,200 $113,500 $226,700
2014 $5,266 $340,200 $113,500 $226,700
Source: Public Records

Agents Affiliated with this Home

  • Dave Binns

    Seller's Agent in 2013

    Dave Binns

    RE/MAX FLAGSHIP, INC.

    (401) 864-1965

    13 in this area

    28 Total Sales

    Dave Binns
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Map

Source: State-Wide MLS

MLS Number: 1046363

State-Wide MLS

APN: SKIN-002302-000000-000010

Rhode Island Washington County Kingston 02881

36 Fortin Rd, Kingston, RI

This home is located at 36 Fortin Rd, Kingston, RI 02881 since 18 July 2013 and is currently estimated at $1,148,871, approximately $353 per square foot. This property was built in 1950. 36 Fortin Rd is a home located in Washington County with nearby schools including South Kingstown High School, The Compass School, and Kingston Hill Academy.

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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