NOT LISTED FOR SALE

Estimated Value: $429,246 - $614,000

4 Beds
2 Baths
2,886 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $426,000 $148 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,095/month

8 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Tennis Courts
  • River Access
  • Attic
  • 2 Car Detached Garage

About This Home

As of March 2023

Fabulous opportunity to own an updated, well-maintained two-family home on a quiet street, only steps from the paved walking and biking trail of the Woonasquatucket River Greenway! Perfect for an owner-occupier or an investor, with nothing to do but move right in or start collecting the rents. The long-time owner of this home undertook major renovations over the years, adding insulation, updated plumbing and electrical, replacement windows, a newer roof, and renovated kitchens and baths. Each unit has 2 bedrooms, 1 full bath, an eat-in kitchen, and an oversized living room. The home has gas heat, 200 amp electrical service, washer & dryer hookups and storage areas in the basement, and the 1st floor unit has central air. The detached garage fits two cars, the driveway can accommodate 4 additional cars, and there's ample street parking. The location is great--close to shopping, restaurants, schools, recreation areas, highway access, and only a few minutes' drive to Providence. If you've been looking for a manageable investment property that doesn't need work, this is the one! HIGHEST & BEST OFFERS DUE BY WED., 2/15/23, @ 5:00 PM.

Last Agent to Sell the Property

Erica Gregg

Lila Delman Compass License #REB.0016822 Listed on: 02/08/2023

Lila Delman Compass

Last Buyer's Agent

Frank Smith

Keller Williams Coastal License #RES.0045627

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1882

Lot Details

  • 4,792

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,886 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • River Access
  • Breezeway
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 228
  • Assessor Parcel Number 42LYMANAVJOHN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Cherry Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $9,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,271

Year Built

Built in 1882

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Inclusions: Annual income based on increase in rent for Unit 2 (from $1,200 to $1,400) starting on 3/1/23.
  • Subdivision Name: Cherry Hill
  • Above Grade Finished Sq Ft: 2886.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1882
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Breezeway, Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Partial, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Forced Air, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 42LYMANAVJOHN
  • Zoning: R15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9500.0

Tax Info

  • Tax Annual Amount: 4271.0
  • Tax Lot: 228
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 29, 2023
Sold by
Sciacca Ft 23017 and Sciacca S
Bought by
Perry Samuel
Seller's Agent
Erica Gregg
Lila Delman Compass
Buyer's Agent
Frank Smith
Keller Williams Coastal
List Price
$390,000
Sold Price
$426,000
Premium/Discount to List
$36,000
9.23%
Views
91
Current Estimated Value
$520,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,312
Avg. Annual Appreciation
7.38%
Original Mortgage
$390,109
Outstanding Balance
$376,532
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$143,780

Purchase Details

Closed on
Mar 5, 2018
Sold by
Sciacca Elvio
Bought by
Sciacca Ft and Sciacca

Purchase Details

Closed on
Aug 5, 1992
Sold by
Scicca Elvio
Bought by
Scicca Elvio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Perry Samuel $426,000 None Available
Perry Samuel $426,000 None Available
Sciacca Ft -- --
Sciacca Ft -- --
Scicca Elvio $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Samuel $390,109
Closed Perry Samuel $390,109
Previous Owner Scicca Elvio $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $426,000 +9.2% $148 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $390,000 -- $135 / 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 $4,813 $308,100 $82,900 $225,200
2024 $4,714 $308,100 $82,900 $225,200
2023 $4,714 $308,100 $82,900 $225,200
2022 $4,272 $183,800 $61,400 $122,400
2021 $4,272 $183,800 $61,400 $122,400
2018 $3,942 $143,400 $45,700 $97,700
2016 $5,215 $143,400 $45,700 $97,700
2015 $4,044 $139,500 $46,200 $93,300
2014 $4,011 $139,500 $46,200 $93,300
2013 $4,011 $139,500 $46,200 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1329508

State-Wide MLS

APN: JOHN-000034-000000-000228