Seller's Agent in 2024
Paul Zarrella
Williams & Stuart Real Estate
(401) 398-2100
2 in this area
132 Total Sales
398 Park Ave Woonsocket, RI 02895
Bernon District NeighborhoodEstimated Value: $572,000 - $634,000
11
Beds
3
Baths
3,726
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bathtub with Shower
- Shops
- Porch
- Public Transportation
- Baseboard Heating
About This Home
As of December 2024Attention investors and homeowners seeking to generate income while building equity! 398 Park Avenue is a prime 3-family on a corner lot with strong income potential. This well-maintained property features two spacious 4-bedroom units and one spacious 3-bedroom unit, all with separate utilities and updated electric and plumbing. The large living areas and ample off-street parking add to its appeal. Conveniently located near local amenities, schools, and major highways, this is a true cash cow with strong rental potential don't miss out on this income-producing opportunity!
Last Agent to Sell the Property
Williams & Stuart Real Estate License #REB.0015470 Listed on: 10/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,950
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3,726 Sq Ft Home
- 3-Story Property
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 11 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Outdoor Features
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 398PARKAVWOON
Community Details
Overview
- 3 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Dec 27, 2024
Sold by
Blais Chia
Bought by
Beato Harris L
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Sean Cardoso
Century 21 Limitless
List Price
$589,900
Sold Price
$610,000
Premium/Discount to List
$20,100
3.41%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,061
Avg. Annual Appreciation
-1.18%
Original Mortgage
$598,951
Outstanding Balance
$593,133
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$9,806
Purchase Details
Closed on
Jul 13, 2007
Sold by
South Point Inc
Bought by
Blais Chia
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beato Harris L | $610,000 | None Available | |
| Beato Harris L | $610,000 | None Available | |
| Beato Harris L | $610,000 | None Available | |
| Blais Chia | $144,000 | -- | |
| Blais Chia | $144,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beato Harris L | $598,951 | |
| Closed | Beato Harris L | $598,951 | |
| Previous Owner | Blais Chia | $222,400 | |
| Previous Owner | Blais Chia | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $610,000 | +3.4% | $164 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $589,900 | -- | $158 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,276 | $558,900 | $87,900 | $471,000 |
| 2024 | $4,724 | $324,900 | $89,500 | $235,400 |
| 2023 | $4,542 | $324,900 | $89,500 | $235,400 |
| 2022 | $4,542 | $324,900 | $89,500 | $235,400 |
| 2021 | $3,995 | $168,200 | $35,600 | $132,600 |
| 2020 | $4,037 | $168,200 | $35,600 | $132,600 |
| 2018 | $4,050 | $168,200 | $35,600 | $132,600 |
| 2017 | $4,217 | $140,100 | $40,000 | $100,100 |
| 2016 | $4,461 | $140,100 | $40,000 | $100,100 |
| 2015 | $5,125 | $140,100 | $40,000 | $100,100 |
| 2014 | $4,913 | $136,700 | $44,000 | $92,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Zarrella
-
Sean Cardoso
Buyer's Agent in 2024
Sean Cardoso
Century 21 Limitless
(401) 654-0462
2 in this area
22 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1365740
APN: WOON-000016A-000230-000027
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