NOT LISTED FOR SALE

361 Bullocks Point Ave Unit 363 Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $471,000 - $553,000

6 Beds
2 Baths
2,230 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $499,900 $224 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,321/month

61 Days on Market

Highlights

  • Marina
  • Deck
  • Corner Lot
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of February 2024

How about a new house for Christmas!? It can be done! Why pay rent when you can live here and COLLECT rent? This Jumbo 2 family is a fantastic opportunity to build equity! This 2-unit multi was recently updated just a few years ago. Both units are duplicates and very spacious, offering new hardwoods, bathrooms, kitchens/appliances, and three bedrooms in each unit. BONUS is a 3rd floor with a bathroom ready to be transformed into more living space! Natural gas heating and hot water systems, new electrical, new decks, driveway, along with many other updates. Tenants enjoy basement-secured storage, separate utilities, and washer/dryer hookups. Onsite Parking, fenced-in generous-sized corner lot. This location is steps from the East Bay Bike Path, under a mile to the Crescent Park Carousel, Sabin Point Park, Rose Larisa Park, and Bold Point. Walk into the village for coffee and lunch. This property has tremendous potential. PROPERTY IS OCCUPIED.

Last Agent to Sell the Property

Erin Sheridan

Abbott Properties, LLC Listed on: 11/15/2023

Last Buyer's Agent

Gary Jacques

Williams & Stuart Real Estate License #RES.0046089

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,416

Year Built

  • Built in 1894

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Brick Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,230 Sq Ft Home
  • 2-Story Property
  • Storm Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 02 / 52
  • Assessor Parcel Number 361BULLOCKSPOINTAVEPRO

Community Details

Overview

  • 2 Units
  • Riverside Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $6,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,416

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 2230.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1894
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Internal Expansion, Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 361BULLOCKSPOINTAVEPRO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6200.0

Tax Info

  • Tax Annual Amount: 4416.0
  • Tax Block: 52
  • Tax Lot: 02
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 12, 2024
Sold by
Vigneault Joseph P
Bought by
Potter Jason
Seller's Agent
Erin Sheridan
Abbott Properties, LLC
Buyer's Agent
Gary Jacques
Williams & Stuart Real Estate
List Price
$525,000
Sold Price
$499,900
Premium/Discount to List
-$25,100
-4.78%
Total Days on Market
61
Views
166
Current Estimated Value
$523,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,646
Avg. Annual Appreciation
3.59%
Original Mortgage
$490,845
Outstanding Balance
$483,264
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$40,282

Purchase Details

Closed on
Mar 12, 2020
Sold by
361 Llc
Bought by
Vigneault Joseph P

Purchase Details

Closed on
Sep 20, 2019
Sold by
Smith Todd
Bought by
361 Llc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Hansen Alice M Est and Mello
Bought by
Smith Todd
Source: Public Records

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Range of Values:

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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
Potter Jason $499,900 None Available
Potter Jason $499,900 None Available
Vigneault Joseph P -- None Available
Vigneault Joseph P -- None Available
361 Llc $150,000 --
361 Llc $150,000 --
Smith Todd $67,000 --
Smith Todd $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Jason $490,845
Closed Potter Jason $490,845
Previous Owner Smith Todd $173,000
Previous Owner Smith Todd $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $499,900 0.0% $224 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
11/30/2023 11/30/23 Price Changed $499,900 -4.8% $224 / Sq Ft
11/15/2023 11/15/23 For Sale $525,000 -- $235 / 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 $4,587 $299,200 $79,200 $220,000
2023 $4,416 $299,200 $79,200 $220,000
2022 $3,878 $177,400 $53,000 $124,400
2021 $3,814 $177,400 $53,000 $124,400
2020 $3,653 $177,400 $53,000 $124,400
2019 $3,552 $177,400 $53,000 $124,400
2018 $3,450 $150,800 $53,200 $97,600
2017 $3,373 $150,800 $53,200 $97,600
2016 $3,357 $150,800 $53,200 $97,600
2015 $3,784 $164,900 $54,200 $110,700
2014 $3,784 $164,900 $54,200 $110,700
Source: Public Records

Agents Affiliated with this Home

  • Erin Sheridan

    Seller's Agent in 2024

    Erin Sheridan

    Abbott Properties, LLC

    (401) 413-6794

    3 in this area

    73 Total Sales

    Erin Sheridan
    Section Image
  • Gary Jacques

    Buyer's Agent in 2024

    Gary Jacques

    Williams & Stuart Real Estate

    (774) 400-5748

    1 in this area

    44 Total Sales

    Gary Jacques
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347823

State-Wide MLS

APN: EPRO-000312-000052-000002

Rhode Island Providence County Riverside 02915 Riverside

361 Bullocks Point Ave Unit 363, Riverside, RI

This home is located at 361 Bullocks Point Ave Unit 363, Riverside, RI 02915 since 15 November 2023 and is currently estimated at $523,546, approximately $234 per square foot. This property was built in 1894. 361 Bullocks Point Ave Unit 363 is a home located in Providence County with nearby schools including East Providence High School, St Mary Academy-Bay View, and St Luke Elementary School.

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