NOT LISTED FOR SALE

39 N Pleasant St West Warwick, RI 02893

Lippitt-Harris Neighborhood

Estimated Value: $423,000 - $464,000

7 Beds
4 Baths
5,290 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $322,500 $61 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,879/month

191 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Baseboard Heating
  • Bathtub with Shower
  • Storage Room
  • Heating System Uses Steam

About This Home

As of January 2020

Rare legal 6 family with plenty of parking, fully occupied generating nearly $65,000 per year in gross rents. See attached profit and loss, this building should produce approximately $10,000 per year in cash flow after accounting for vacancy, expenses and mortgage payments. 1 3-bedroom unit, 1 2-bedroom unit and 4 1-bedroom units. One gas heating system and one large gas fired hot water tank mean fewer mechanicals for you to service/replace. One electric meter makes it easy to manage turnovers because you will not need to change over utilities. All tenants rents include heat, hot water and electricity. 3 Propane tanks provide fuel for gas stoves only. Well appointed, with several recently renovated apartments make them easy to rent. Building is fully fire coded and completely turnkey.

Last Agent to Sell the Property

Prem Prop RI Team

Premier Properties RI Listed on: 06/09/2019

Last Buyer's Agent

Carl Coutu

Keller Williams Coastal License #REB.0009712

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,290 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $35,004

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 277
  • Assessor Parcel Number 39PLEASANTSTWWAR

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3444
  • Above Grade Finished Sq Ft: 5290.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1950
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15000.0
  • Parcel #: 39PLEASANTSTWWAR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 35004.0

Tax Info

  • Tax Annual Amount: 9726.0
  • Tax Lot: 277
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2019
Closed on
Apr 22, 2019
Sold by
Coelho Richard and Coelho Leilani
Bought by
Lumas Dasheil L
Seller's Agent
Matthew Goudreau
Acumen Group
Buyer's Agent
Paul DeFalco
HomeSmart Professionals
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$444,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,964
Avg. Annual Appreciation
10.57%
Original Mortgage
$240,562
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2013
Sold by
Coelho Richard
Bought by
Coelho Richard and Coelho Leilani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.52%

Purchase Details

Listed on
Dec 5, 2011
Closed on
Aug 14, 2012
Sold by
Dizoglio Evan and Dizoglio Robert
Bought by
Coelho Richard
Seller's Agent
Jean Michael
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Frank DiPietro
Dipietro Real Estate
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Feb 22, 2012
Sold by
E And J Props Llc
Bought by
Dizoglio Evan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lumas Dasheil L $245,000 --
Coelho Richard -- --
Coelho Richard $90,000 --
Dizoglio Evan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumas Dashiell $50,000
Open Lumas Dashiell $262,500
Closed Lumas Dashiell $243,996
Closed Lumas Dasheil L $240,562
Previous Owner Dizoglio Evan J $108,500
Previous Owner Dizoglio Evan J $14,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $322,500 -10.4% $61 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $359,900 +46.9% $68 / Sq Ft
04/23/2019 04/23/19 Sold $245,000 -1.6% $97 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $249,000 +176.7% $98 / Sq Ft
08/14/2012 08/14/12 Sold $90,000 -9.9% $47 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $99,900 -- $52 / 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 $5,453 $266,400 $66,000 $200,400
2023 $5,347 $266,400 $66,000 $200,400
2022 $5,261 $266,400 $66,000 $200,400
2021 $5,715 $191,200 $50,500 $140,700
2020 $5,715 $191,200 $50,500 $140,700
2019 $5,606 $191,200 $50,500 $140,700
2018 $4,899 $128,600 $43,500 $85,100
2017 $4,880 $128,600 $43,500 $85,100
2016 $4,793 $128,600 $43,500 $85,100
2015 $4,700 $126,100 $43,500 $82,600
2014 $4,596 $126,100 $43,500 $82,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Prem Prop RI Team

    Premier Properties RI

    Section Image
  • Carl Coutu

    Buyer's Agent in 2020

    Carl Coutu

    Keller Williams Coastal

    (401) 413-7816

    17 Total Sales

    Carl Coutu
    Section Image
  • Matthew Goudreau

    Seller's Agent in 2019

    Matthew Goudreau

    Acumen Group

    (401) 413-5235

    24 Total Sales

    Matthew Goudreau
    Section Image
  • Paul DeFalco

    Buyer's Agent in 2019

    Paul DeFalco

    HomeSmart Professionals

    (401) 487-9853

    81 Total Sales

    Paul DeFalco
    Section Image

  • J

    Seller's Agent in 2012

    Jean Michael

    Weichert REALTORS-Atlantic Prp

    (401) 499-9341

    1 Total Sale

    Jean Michael
    Section Image

  • F

    Buyer's Agent in 2012

    Frank DiPietro

    Dipietro Real Estate

    (401) 539-8181

    78 Total Sales

    Frank DiPietro
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1225953

State-Wide MLS

APN: WWAR-000001-000139-000000

Rhode Island Kent County West Warwick 02816 Lippitt-Harris

39 N Pleasant St, West Warwick, RI

This home is located at 39 N Pleasant St, West Warwick, RI 02893 since 09 June 2019 and is currently estimated at $444,964, approximately $84 per square foot. This property was built in 1950. 39 N Pleasant St is a home located in Kent County with nearby schools including West Warwick High School and St Joseph School.

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