NOT LISTED FOR SALE

396 Roosevelt Ave Unit 4 Central Falls, RI 02863

Estimated Value: $433,000 - $487,000

3 Beds
2 Baths
2,661 Sq Ft
$493/mo HOA Fee

Last Sold December 09, 2020

Last sale price $320,000 $120 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,503/month

27 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Thermal Windows

About This Home

As of December 2020

Brand new exterior is recently completed. This unit is almost 2700 sq ft with 3 bedrooms and 2 full baths. Light-filled fails to adequately describe this space, developers spent $20k to rebuild the 10x20 skylight. This is the property that you dreamed of living in. Each loft in the building has the option of renting 1 indoor parking spot for a compact car. Exercise your artistic practice in this beautiful living space!! Within blocks of the NEW Central Falls train station that will be running a direct line to Boston. This building has negotiated an aggressive 12-year tax reduction program with the City of Central Falls and there will be ZERO condo fees for 6 months. Note Taxes are stabilized from 2020 - 2023 at $1645 per year.

Last Agent to Sell the Property

John Risica

William Raveis Inspire Listed on: 11/11/2020

William Raveis Inspire

Last Buyer's Agent

John Risica

William Raveis Inspire Listed on: 11/11/2020

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1900

Lot Details

  • 5,702

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Combination Foundation
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,661 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 102
  • Assessor Parcel Number 396ROOSEVELTAV4CFLS

Community Details

Overview

  • 8 Units

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,255

Year Built

Built in 1900

Lot Details

0

HOA Fees

$493 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1309
  • Above Grade Finished Sq Ft: 2661.0
  • Architectural Style: Loft
  • Building Name: 396 Artist Lofts
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 2661.0
  • Stories: 4
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Drywall, Masonry, Other
  • Foundation Details: Combination, Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Available
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 492.72
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 5700.0
  • Parcel #: 396ROOSEVELTAV4CFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2255.17
  • Tax Block: 102
  • Tax Lot: 0
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $320,000 -2.7% $120 / Sq Ft
11/11/2020 11/11/20 For Sale $329,000 -- $124 / 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 $5,822 $309,500 $0 $309,500
2023 $5,741 $309,500 $0 $309,500
2022 $3,714 $309,500 $0 $309,500
2021 $7,180 $302,200 $0 $302,200
Source: Public Records

Agents Affiliated with this Home

  • John Risica

    Seller's Agent in 2020

    John Risica

    William Raveis Inspire

    (401) 439-3634

    9 in this area

    91 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1269731

State-Wide MLS

APN: CENT M:01 P:22-4

Rhode Island Providence County Central Falls 02860

396 Roosevelt Ave Unit 4, Central Falls, RI

This home is located at 396 Roosevelt Ave Unit 4, Central Falls, RI 02863 since 11 November 2020 and is currently estimated at $469,899, approximately $176 per square foot. This property was built in 1900. 396 Roosevelt Ave Unit 4 is a home located in Providence County with nearby schools including Central Falls Senior High School, International Charter School, and Saint Raphael 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes