$190,000
SOLD OCT 17, 2022
4 Beds
2 Baths
4,639 Sq Ft
2.6 Acres

Recently Sold

$41 Per Sq Ft

26% Below List Price

128 Days on Market

Highlights

  • 2.6 Acre Lot
  • Bathtub with Shower
  • Wood Siding
  • Wood Flooring
  • Baseboard Heating

About This Home

As of April 2023

Large two family home, across from the Ashaway River, in the mill area of Hopkinton is perfect for an investor. Situated on 2.66 acres, mostly wooded (see aerial photo), the home is super close to Rt.95, less than 10 minutes to downtown Westerly and 15-20 minutes to some of the most beautiful beaches in New England! The house will need a top-to-bottom renovation (refer to the attached detailed photos) and, due to its condition, the property is being sold AS IS. Bank financed deals will NOT be considered; cash and hard money offers need proof of funds. Property is being sold without any guarantees, warranties or disclosures.

Last Agent to Sell the Property

Rob Doorley

Doorley Real Estate Inc License #REC.0015548 Listed on: 04/17/2022

Last Buyer's Agent

Michelle Gambardella

Century 21 The Seyboth Team License #RES.0045852

Century 21 The Seyboth Team

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1802

Home Design

  • Stone Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 4,639 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Oil Water Heater

Additional Features

  • Outbuilding
  • 2.6 Acre Lot

Community Details

  • 2 Buildings
  • 2 Units
  • Ashaway Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 4LAKECTHOPK

Property Details

Home Type

Multi-Family

Year Built

Built in 1802

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.6
  • Subdivision Name: ASHAWAY
  • Above Grade Finished Sq Ft: 4639.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1802
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Unknown
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 113256.0
  • Parcel #: 4LAKECTHOPK
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5038.0
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 15, 2023
Sold by
New Venture Llc
Bought by
M & I Homes Llc
Seller's Agent
Michelle Gambardella
Century 21 The Seyboth Team
Buyer's Agent
Carla Zimmerman
LPT Realty
List Price
$419,000
Sold Price
$414,000
Premium/Discount to List
-$5,000
-1.19%
Total Days on Market
128
Views
131
Current Estimated Value
$489,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,293
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
Apr 17, 2022
Closed on
Oct 6, 2022
Sold by
New Venture Llc and Equity T Co
Bought by
Equity T Co and Deangelis
Seller's Agent
Rob Doorley
Doorley Real Estate Inc
Buyer's Agent
Michelle Gambardella
Century 21 The Seyboth Team
List Price
$258,500
Sold Price
$190,000
Premium/Discount to List
-$68,500
-26.5%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
360.50%

Purchase Details

Listed on
Apr 17, 2022
Closed on
Sep 16, 2022
Sold by
Usa and Us Marshall Svc
Bought by
New Venture Llc
Seller's Agent
Rob Doorley
Doorley Real Estate Inc
Buyer's Agent
Michelle Gambardella
Century 21 The Seyboth Team
List Price
$258,500
Sold Price
$190,000
Premium/Discount to List
-$68,500
-26.5%
Views
169

Purchase Details

Closed on
Jan 3, 2017
Sold by
Cai Xuan Y and Liu Qing S
Bought by
Liu Qing S

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 8, 2016
Sold by
Fnma
Bought by
Cai Xuan Y and Liu Quing S
Seller's Agent
Robert Blough
Randall, REALTORS Compass
Buyer's Agent
Jeff Leduc
RE/MAX Premier Properties
List Price
$147,500
Sold Price
$125,000
Premium/Discount to List
-$22,500
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
May 2, 2016
Sold by
Iannella Anne and Fnma
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed $290,000 None Available
Warranty Deed $190,000 None Available
Warranty Deed -- --
Quit Claim Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 No Value Available
Previous Owner $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $414,000 0.0% $166 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/11/2023 03/11/23 Price Changed $414,000 -1.2% $166 / Sq Ft
03/07/2023 03/07/23 For Sale $419,000 +120.5% $168 / Sq Ft
10/17/2022 10/17/22 Sold $190,000 -14.9% $41 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $223,250 -9.5% $48 / Sq Ft
05/27/2022 05/27/22 Price Changed $246,750 -4.5% $53 / Sq Ft
05/16/2022 05/16/22 For Sale $258,500 0.0% $56 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $258,500 +106.8% $56 / Sq Ft
07/08/2016 07/08/16 Sold $125,000 -15.3% $50 / Sq Ft
06/21/2016 06/21/16 For Sale $147,500 -- $59 / 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 $6,221 $413,100 $152,300 $260,800
2023 $6,056 $413,100 $152,300 $260,800
2022 $5,038 $271,900 $92,300 $179,600
2021 $5,038 $271,900 $92,300 $179,600
2020 $4,970 $271,900 $92,300 $179,600
2019 $4,000 $193,400 $76,600 $116,800
2018 $3,882 $193,400 $76,600 $116,800
2017 $3,882 $193,400 $76,600 $116,800
2016 $3,587 $173,800 $69,700 $104,100
2015 $3,542 $173,800 $69,700 $104,100
2014 $3,587 $173,800 $69,700 $104,100
2013 $3,954 $200,000 $67,700 $132,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1307799

State-Wide MLS

APN: HOPK-000025-000000-000005