$520,000
SOLD NOV 1, 2024

40 Paradis Ave Woonsocket, RI 02895

Bernon District Neighborhood
8 Beds
3.5 Baths
4,172 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

31 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Bathtub with Shower
  • 1 Fireplace
  • Window Unit Cooling System
  • Storage Room

About This Home

As of November 2024

BACK ON THE MARKET!!! Due to buyers financing. Take advantage of this AMAZING OPPORTUNITY right now. Nestled in the heart of Woonsocket, this charming three-unit property offers a unique blend of classic architecture and modern convenience. Each unit boasts spacious living areas, updated kitchens, and ample natural light, providing a comfortable and inviting atmosphere for tenants. The property is well-maintained, with a lovely exterior and landscaped common areas, making it a standout in the neighborhood. Located just minutes from local shops, dining, and public transportation, this property is ideal for investors seeking a solid rental income or homeowners looking to offset their mortgage with additional rental revenue. Don't miss the opportunity to own this versatile and appealing multi-family home in a prime location. Closing assistance available (Learn how to get a lower rates by contacting the listing agent today!

Last Agent to Sell the Property

Hilda Vargas

Ocean Blue Realty License #REB.0019477 Listed on: 09/05/2024

Last Buyer's Agent

Helene Dominguez

D'Empire Real Estate LLC License #REB.0019144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,172 Sq Ft Home
  • 1 Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 40PARADISAVWOON

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,676

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 4172.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 3
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 40PARADISAVWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4676.0
  • Tax Lot: 37
  • Tax Map Number: 23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 31, 2024
Sold by
Santana Cindy
Bought by
Ortiz Salvador A
Seller's Agent
Hilda Vargas
Ocean Blue Realty
Buyer's Agent
Helene Dominguez
D'Empire Real Estate LLC
List Price
$520,000
Sold Price
$520,000
Views
18
Current Estimated Value
$560,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,589
Avg. Annual Appreciation
8.14%
Original Mortgage
$390,000
Outstanding Balance
$386,096
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,493

Purchase Details

Closed on
Jan 24, 2024
Sold by
Santana Cindy
Bought by
Santana Cindy and Daruwala Salman

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 10, 2023
Sold by
Allard R M
Bought by
Santana Cindy
Seller's Agent
Kimberly Machado
Heritage Realty Group, LLC
Buyer's Agent
Hilda Vargas
Ocean Blue Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$402,707
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2021
Sold by
Allard Robert A and Allard Carol A
Bought by
Allard R Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2012
Sold by
Allard Robert A
Bought by
Allard Robert A and Allard Carol A

Purchase Details

Closed on
Jul 3, 1989
Sold by
Allard Albert R
Bought by
Allard Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.56%
Mortgage Type
Purchase Money Mortgage
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 $520,000 None Available
Warranty Deed $520,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $225,000 None Available
Warranty Deed $225,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $100,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 Purchase Money Mortgage
Closed $390,000 Purchase Money Mortgage
Previous Owner $402,707 FHA
Previous Owner $166,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $520,000 0.0% $125 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $520,000 +22.4% $125 / Sq Ft
10/10/2023 10/10/23 Sold $425,000 +6.3% $102 / Sq Ft View Prior Sale
08/29/2023 08/29/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $399,900 -- $96 / 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 $4,864 $334,500 $89,800 $244,700
2023 $4,676 $334,500 $89,800 $244,700
2022 $4,676 $334,500 $89,800 $244,700
2021 $3,736 $157,300 $35,900 $121,400
2020 $3,775 $157,300 $35,900 $121,400
2018 $3,788 $157,300 $35,900 $121,400
2017 $4,455 $148,000 $40,100 $107,900
2016 $4,712 $148,000 $40,100 $107,900
2015 $5,414 $148,000 $40,100 $107,900
2014 $5,154 $143,400 $44,100 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Hilda Vargas

    Seller's Agent in 2024

    Hilda Vargas

    Ocean Blue Realty

    (401) 865-0224

    3 in this area

    94 Total Sales

    Hilda Vargas
    Section Image
  • Helene Dominguez

    Buyer's Agent in 2024

    Helene Dominguez

    D'Empire Real Estate LLC

    (401) 688-2119

    3 in this area

    99 Total Sales

    Helene Dominguez
    Section Image
  • Kimberly Machado

    Seller's Agent in 2023

    Kimberly Machado

    Heritage Realty Group, LLC

    (401) 428-9919

    1 in this area

    194 Total Sales

    Kimberly Machado
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1367792

State-Wide MLS

APN: WOON-000023I-000019-000037

Rhode Island Providence County Woonsocket 02895 Bernon District

40 Paradis Ave, Woonsocket, RI

This home is located at 40 Paradis Ave, Woonsocket, RI 02895 and is currently priced at $520,000, approximately $124 per square foot. This property was built in 1900. 40 Paradis Ave is a home located in Providence County with nearby schools including Woonsocket High School, Rise Prep Mayoral Academy Middle School, and Founders Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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