NOT LISTED FOR SALE

Estimated Value: $461,000 - $586,000

5 Beds
3 Baths
4,087 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $388,000 $95 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,344/month

28 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Thermal Windows
  • Attic
  • 1 Car Detached Garage
  • Porch

About This Home

As of September 2021

Impeccable owner occupied three family. All units are pristine with hardwood floors, two have enclosed sitting porches, new furnace on third 2021, new gas water heaters all units 2021. Radon Mitigation 2021. Owner has converted to city gas in 2020. Sewer assessment paid in full. Laundry on-site. Aluminum exterior, updated windows. Very large newly fenced yard (2021) and ample parking for 6-7 cars. Surveyed 2021. Garage is used for owners; although it offers additional income potential. Rents are $1450 third floor, 1500. first floor, second is owner unit. Owner has a waiting list. Do not miss this one!

Last Agent to Sell the Property

Emily Kheradi

HomeSmart Professionals License #RES.0031290 Listed on: 07/24/2021

Last Buyer's Agent

Paul Campbell

Coldwell Banker Realty License #RES.0042862

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,601

Year Built

  • Built in 1925

Lot Details

  • 8,777 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,087 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0125
  • Assessor Parcel Number 41PHENIXAVWWAR

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Lippitt / Western Cranston Line Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,601

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2015
  • Subdivision Name: Lippitt / Western Cranston line
  • Above Grade Finished Sq Ft: 4087.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Laundry
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8777.0
  • Parcel #: 41PHENIXAVWWAR
  • Zoning: R8
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 21600.0

Tax Info

  • Tax Annual Amount: 6601.0
  • Tax Lot: 0125
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 17, 2021
Sold by
Burmeister Cory and Burmeister Miranda
Bought by
Farrea Stephen T
Seller's Agent
Emily Kheradi
HomeSmart Professionals
Buyer's Agent
Paul Campbell
Coldwell Banker Realty
List Price
$399,900
Sold Price
$388,000
Premium/Discount to List
-$11,900
-2.98%
Current Estimated Value
$522,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,995
Avg. Annual Appreciation
8.28%
Original Mortgage
$291,000
Outstanding Balance
$264,977
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,426

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 25, 2020
Sold by
Westbriar Properties Inc
Bought by
Cory Burmeister and Miranda Burnmeister Miranda
Seller's Agent
Bruce Haslehurst
Proactive Realty
Buyer's Agent
Emily Kheradi
HomeSmart Professionals
List Price
$299,900
Sold Price
$360,000
Premium/Discount to List
$60,100
20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$365,211
Interest Rate
2.8%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Farrea Stephen T $388,000 None Available
Cory Burmeister $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrea Stephen T $291,000
Previous Owner Cory Burmeister $365,211
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $388,000 -3.0% $95 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $399,900 +11.1% $98 / Sq Ft
11/25/2020 11/25/20 Sold $360,000 +20.0% $83 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $299,900 -- $69 / 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
2025 $6,981 $456,600 $69,400 $387,200
2024 $6,737 $329,100 $65,400 $263,700
2023 $6,605 $329,100 $65,400 $263,700
2022 $6,500 $329,100 $65,400 $263,700
2021 $6,952 $232,600 $50,100 $182,500
2020 $6,555 $219,300 $36,800 $182,500
2019 $6,430 $219,300 $36,800 $182,500
2018 $5,580 $153,200 $36,800 $116,400
2017 $5,814 $153,200 $36,800 $116,400
2016 $5,710 $153,200 $36,800 $116,400
2015 $5,430 $145,700 $36,800 $108,900
2014 $5,311 $145,700 $36,800 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1289178

State-Wide MLS

APN: WWAR-000002-000125-000000