NOT LISTED FOR SALE

396 Roosevelt Ave Unit 4 Central Falls, RI 02863

Central Falls Area

Estimated Value: $437,584 - $503,000

3 Beds
2 Baths
2,661 Sq Ft
5,702 Sq Ft Lot

Sale Details

Date Sold: December 9, 2020

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

Est. 48% increase in value since last sale

Current estimated payment $3,575 / mo

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
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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
  • Bathtub

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

5,702 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 3, 2020
Sold by
Bought by
Seller's Agent
John Risica
William Raveis Inspire
Buyer's Agent
John Risica
William Raveis Inspire
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$475,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,146
Avg. Annual Appreciation
7.25%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Falls, RI

  • Elvis Santana Real Estate Agent - Circle 100 Real Estate

    Elvis Santana

    Circle 100 Real Estate

    (774) 806-8764

    94 Total Sales

    3 in Central Falls

    $400K - $535K Price Range

    Elvis Santana
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  • Michael Saccoccio Real Estate Agent - Coldwell Banker Realty

    Michael Saccoccio

    Coldwell Banker Realty

    (401) 437-5428

    108 Total Sales

    1 in Central Falls

    $310,000 Price

    Michael Saccoccio
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  • Juan Jaramillo Real Estate Agent

    Juan Jaramillo

    (857) 465-4065

    60 Total Sales

    1 in Central Falls

    $500,000 Price

    Juan Jaramillo
     Section Image
  • Alex Parmenidez Real Estate Agent - Coldwell Banker Realty

    Alex Parmenidez

    Coldwell Banker Realty

    (401) 425-4256

    130 Total Sales

    27 in Central Falls

    $300K - $725K Price Range

    Alex Parmenidez
     Section Image
  • Samuel Alba Real Estate Agent - Innovations Realty

    Samuel Alba

    Responds Quickly

    Innovations Realty

    (401) 406-4077

    513 Total Sales

    32 in Central Falls

    $200K - $745K Price Range

    Samuel Alba
     Section Image
  • Jhenny Sanchez Real Estate Agent - eXp Realty

    Jhenny Sanchez

    eXp Realty

    (774) 224-8662

    18 Total Sales

    1 in Central Falls

    $545,000 Price

    Jhenny Sanchez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - William Raveis Inspire

    Seller's Agent in 2020

    John Risica

    William Raveis Inspire

    (401) 439-3634

    54 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

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