NOT LISTED FOR SALE

421 Broad St Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $490,892

5 Beds
3 Baths
2,936 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $407,500 $139 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,097/month

7 Days on Market

Highlights

  • Recreation Facilities
  • Storage Room
  • Shops
  • Laundry Room
  • Public Transportation
  • Ceramic Tile Flooring

About This Home

As of May 2022

Wonderful 3 family in Cumberland, completely rebuilt in 2004. Modern kitchens and baths. Off-street parking. This is a tremendous opportunity and value.

Last Agent to Sell the Property

Dave Serpa

Coldwell Banker Realty License #RES.0031919 Listed on: 04/06/2022

Coldwell Banker Realty

Last Buyer's Agent

Justin Freitas

CENTURY 21 Gonsalves - Pastore License #RES.0047132

CENTURY 21 Gonsalves - Pastore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,936 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 477
  • Assessor Parcel Number 421BROADSTCUMB

Community Details

Overview

  • 3 Units
  • Valley Falls Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $7,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,550

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: Valley Falls
  • Above Grade Finished Sq Ft: 2936.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 421BROADSTCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7325.0

Tax Info

  • Tax Annual Amount: 3550.0
  • Tax Lot: 477
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 13, 2022
Sold by
Bastien Ft
Bought by
Marques Joao and Marques Suzette
Seller's Agent
Dave Serpa
Coldwell Banker Realty
Buyer's Agent
Justin Freitas
CENTURY 21 Gonsalves - Pastore
List Price
$375,000
Sold Price
$407,500
Premium/Discount to List
$32,500
8.67%
Total Days on Market
7
Current Estimated Value
$490,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,392
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Bastien Richard M
Bought by
Bastien Ft

Purchase Details

Closed on
Jun 1, 1988
Bought by
Bastien Ft
Source: Public Records

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Range of Values:

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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
Marques Joao $407,500 None Available
Bastien Ft -- --
Bastien Ft -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $407,500 +8.7% $139 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $375,000 -- $128 / 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 $4,223 $353,400 $96,400 $257,000
2023 $4,107 $353,400 $96,400 $257,000
2022 $3,557 $237,300 $63,800 $173,500
2021 $3,498 $237,300 $63,800 $173,500
2020 $3,398 $237,300 $63,800 $173,500
2019 $2,958 $186,300 $47,600 $138,700
2018 $740 $186,300 $47,600 $138,700
2017 $3,162 $207,900 $47,600 $160,300
2016 $3,033 $177,600 $52,600 $125,000
2015 $3,033 $177,600 $52,600 $125,000
2014 $3,033 $177,600 $52,600 $125,000
2013 $2,945 $186,600 $49,000 $137,600
Source: Public Records

Agents Affiliated with this Home

  • Dave Serpa

    Seller's Agent in 2022

    Dave Serpa

    Coldwell Banker Realty

    (401) 639-2351

    3 in this area

    153 Total Sales

    Dave Serpa
    Section Image
  • Justin Freitas

    Buyer's Agent in 2022

    Justin Freitas

    CENTURY 21 Gonsalves - Pastore

    (401) 288-7659

    4 in this area

    31 Total Sales

    Justin Freitas
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1306907

State-Wide MLS

APN: CUMB-000007-000477-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

421 Broad St, Cumberland, RI

This home is located at 421 Broad St, Cumberland, RI 02864 since 06 April 2022 and is currently priced at $490,892, approximately $167 per square foot. This property was built in 1940. 421 Broad St is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

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