NOT LISTED FOR SALE

396 Roosevelt Ave Unit 7 Central Falls, RI 02863

Estimated Value: $382,000 - $431,501

4 Beds
2 Baths
1,942 Sq Ft
$370/mo HOA Fee

Last Sold November 12, 2020

Last sale price $290,000 $149 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,090/month

76 Days on Market

Highlights

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

About This Home

As of November 2020

Brand new exterior is recently completed. Stunning top floor loft with Juliette balcony and HUGE skylight is available as the first offering in 396 Artist Lofts. This unit is almost 2000 sq ft with 4 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: 07/28/2020

William Raveis Inspire

Last Buyer's Agent

John Risica

William Raveis Inspire Listed on: 07/28/2020

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1900

Lot Details

  • 5,702

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,942 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 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 396ROOSEVELTAV7CFLS

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

$1,645

Year Built

Built in 1900

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1309
  • Above Grade Finished Sq Ft: 1942.0
  • 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: VirtualTour
  • 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: 4
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1942.0
  • Stories: 4
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Other

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: 370.0
  • 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 #: 396ROOSEVELTAV7CFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1645.0
  • Tax Block: 102
  • Tax Lot: 0
  • Tax Year: 2020

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Range of Values:

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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 Change Sq Ft Price
11/12/2020 11/12/20 Sold $290,000 -14.5% $149 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $339,000 0.0% $175 / Sq Ft
07/01/2019 07/01/19 Rented $2,000 0.0% --
06/01/2019 06/01/19 Under Contract -- -- --
05/28/2019 05/28/19 For Rent $2,000 -- --
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 $4,857 $258,200 $0 $258,200
2023 $4,790 $258,200 $0 $258,200
2022 $3,098 $258,200 $0 $258,200
2021 $6,042 $254,300 $0 $254,300
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

    98 Total Sales

    John Risica
    Section Image

  • K

    Seller's Agent in 2019

    Kathleen Stoddart

    CENTURY 21 Gonsalves - Pastore

    (401) 744-3556

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Map

Source: State-Wide MLS

MLS Number: 1260066

State-Wide MLS

APN: CENT M:01 P:22-7

Rhode Island Providence County Central Falls 02860

396 Roosevelt Ave Unit 7, Central Falls, RI

This home is located at 396 Roosevelt Ave Unit 7, Central Falls, RI 02863 since 28 July 2020 and is currently estimated at $412,375, approximately $212 per square foot. This property was built in 1900. 396 Roosevelt Ave Unit 7 is a home located in Providence County with nearby schools including Central Falls Senior High School, International Charter School, and Saint Raphael Academy.

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