NOT LISTED FOR SALE

396 Roosevelt Ave Unit 4 Central Falls, RI 02863

Estimated Value: $448,000 - $522,000

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. 52% increase in value since last sale

Current estimated payment $3,478/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

  • Entry on the 4th floor
  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $5,654 $428,000 $0 $428,000
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

    5 in this area

    74 Total Sales

    John Risica
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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

Not Listed for Sale

Condos

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