377 Elm St Woonsocket, RI 02895
East Woonsocket Neighborhood
9
Beds
3
Baths
3,642
Sq Ft
0.48
Acres
About This Home
As of November 2024Welcome to Woonsocket! This remarkable 3-unit home presents an incredible opportunity for savvy investors or those seeking a multi-family residence in a desirable neighborhood. With three well-maintained apartments, each featuring three bedrooms, this property is perfect for both comfortable living and potential rental income.
Situated on a double lot, the extra space sets this property apart and opens up a world of opportunities for the new owners. The city has deemed the lot buildable, but buyers are encouraged to conduct their due diligence to confirm. Sell, expand, or create your dream outdoor space.
There is a large three-car garage that the owner currently utilizes for additional income. This garage is a valuable asset that provides both convenience and potential financial benefits.
With ample storage space throughout and a dedicated workshop in the basement, you'll have plenty of room to store tools, equipment, or personal belongings.
The roof has been replaced within the last few years, ensuring peace of mind and protection for years to come. Additionally, brand-new hardwired smoke detectors have been installed.
This property offers the perfect blend of functionality, potential, and convenience. Schedule a showing today and discover the possibilities that await you in this remarkable home. **Seller reserves the right to accept an offer at any time**
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,912
Year Built
1900
Lot Details
0
Parking
3
Listing Details
- Property Sub Type: Multi Family
- Prop. Type: Residential Income
- Lot Size Acres: 0.48
- Above Grade Finished Sq Ft: 3642.0
- Garage Yn: Yes
- New Construction: No
- Year Built: 1900
- Special Features: VirtualTour
Interior Features
- Number Of Buildings: 2
- Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
- Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
- Basement YN: Yes
- Full Bathrooms: 3
- Total Bedrooms: 9
- Fireplace Features: None
- Fireplace: No
- Flooring: Ceramic Tile, Hardwood
- Interior Amenities: Tub Shower
- Dining Room Type: Storage Room, Utility Room, Workshop
- Stories: 3
- ResoLivingAreaSource: PublicRecords
Exterior Features
- Lot Features: Corner Lot, Multiple lots
- Construction Type: Drywall, Vinyl Siding
- Foundation Details: Concrete Perimeter
Garage/Parking
- Attached Garage: No
- Covered Parking Spaces: 3.0
- Garage Spaces: 3.0
- Parking Features: Detached, Garage
- Total Parking Spaces: 9.0
Utilities
- Laundry Features: Common Area
- Cooling: None
- Cooling Y N: No
- Heating: Baseboard, Gas, Oil
- Heating Yn: Yes
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water Source: Connected
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: 20909.0
- Parcel #: 377ELMSTWOON
- Zoning: R4
- ResoLotSizeUnits: SquareFeet
Multi Family
- Number Of Units Total: 3
Tax Info
- Tax Annual Amount: 4722.0
- Tax Lot: 60
- Tax Year: 2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2024
Closed on
Oct 31, 2024
Sold by
Iris Linda
Bought by
Rodriguez William P
Seller's Agent
Beatriz Giron-moreau
Coldwell Banker Realty
Buyer's Agent
Beatriz Giron-moreau
Coldwell Banker Realty
List Price
$699,999
Sold Price
$645,000
Premium/Discount to List
-$54,999
-7.86%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,907
Avg. Annual Appreciation
-1.52%
Original Mortgage
$628,408
Outstanding Balance
$624,038
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$13,597
Purchase Details
Listed on
Jun 7, 2023
Closed on
Jul 24, 2023
Sold by
Champagne Diane M
Bought by
Iris Linda
Seller's Agent
Joshua West
June Realty
Buyer's Agent
Beatriz Giron-moreau
Coldwell Banker Realty
List Price
$539,000
Sold Price
$565,000
Premium/Discount to List
$26,000
4.82%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$416,250
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 1, 1987
Bought by
Champagne Donald W and Champagne Diane M
Similar Homes in Woonsocket, RI
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | None Available | |
| Warranty Deed | $645,000 | None Available | |
| Warranty Deed | $565,000 | None Available | |
| Warranty Deed | $565,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $628,408 | FHA | |
| Closed | $628,408 | FHA | |
| Previous Owner | $416,250 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $645,000 | -7.9% | $18 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 09/08/2024 09/08/24 | For Sale | $699,999 | +900.1% | $20 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 07/20/2024 07/20/24 | For Sale | $69,990 | -87.6% | $2 / Sq Ft |
| 07/24/2023 07/24/23 | Sold | $565,000 | +4.8% | $155 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 06/07/2023 06/07/23 | For Sale | $539,000 | -- | $148 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,912 | $337,800 | $94,300 | $243,500 |
| 2023 | $4,722 | $337,800 | $94,300 | $243,500 |
| 2022 | $4,722 | $337,800 | $94,300 | $243,500 |
| 2021 | $4,313 | $181,600 | $38,600 | $143,000 |
| 2020 | $4,358 | $181,600 | $38,600 | $143,000 |
| 2018 | $4,373 | $181,600 | $38,600 | $143,000 |
| 2017 | $4,605 | $153,000 | $42,100 | $110,900 |
| 2016 | $4,872 | $153,000 | $42,100 | $110,900 |
| 2015 | $5,597 | $153,000 | $42,100 | $110,900 |
| 2014 | $5,377 | $149,600 | $46,300 | $103,300 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2024
Beatriz Giron-moreau
Coldwell Banker Realty
-
J
Seller's Agent in 2023
Joshua West
June Realty
Map
Source: State-Wide MLS
MLS Number: 1337059
APN: WOON-000037E-000060-000031
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