NOT LISTED FOR SALE

428 9th Ave Woonsocket, RI 02895

Fairmount Neighborhood

Estimated Value: $424,000 - $539,000

10 Beds
3 Baths
5,138 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $250,750 $49 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,976/month

235 Days on Market

Highlights

  • 0.32 Acre Lot
  • 1 Fireplace
  • Hot Water Heating System
  • Wood Flooring

About This Home

As of January 2020

Fantastic 3 Unit With Solid Rents and Off Street Parking! First Floor is a Spacious Four Bedroom Unit. Second and Third Floor Units are Both 3 Bedrooms. All Units Have Separate Utilities. This Property is Fully Occupied and Turn-Key! All Tenants on Month-to-Month Leases, Great Owner-Occupied or Investment Opportunity!

Last Agent to Sell the Property

Evan Galkin

Gibson Sotheby's Int'l Realty License #REB.0019667 Listed on: 05/10/2019

Gibson Sotheby's Int'l Realty

Last Buyer's Agent

Matthew Daylor

Keller Williams South Watuppa License #RES.0044046

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,138 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $13,610

Listing and Financial Details

  • Legal Lot and Block 30 / 40
  • Assessor Parcel Number 4289THAVWOON

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,917

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Above Grade Finished Sq Ft: 5138.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 10
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None, Window Unit(s), Wall Unit(s)
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13839.0
  • Parcel #: 4289THAVWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 13610.0

Tax Info

  • Tax Annual Amount: 3917.0
  • Tax Block: 40
  • Tax Lot: 30
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jan 31, 2020
Sold by
Soscia Holdings Llc
Bought by
Gerardi Benjamin P
Seller's Agent
Evan Galkin
Gibson Sotheby's Int'l Realty
Buyer's Agent
Matthew Daylor
Keller Williams South Watuppa
List Price
$250,000
Sold Price
$250,750
Premium/Discount to List
$750
0.3%
Current Estimated Value
$480,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,652
Avg. Annual Appreciation
11.65%
Original Mortgage
$246,207
Outstanding Balance
$217,701
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$262,701

Purchase Details

Listed on
May 10, 2019
Closed on
Jan 24, 2020
Sold by
Soscia Bruce
Bought by
Soscia Holdings Llc
Seller's Agent
Evan Galkin
Gibson Sotheby's Int'l Realty
Buyer's Agent
Matthew Daylor
Keller Williams South Watuppa
List Price
$250,000
Sold Price
$250,750
Premium/Discount to List
$750
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,207
Outstanding Balance
$217,701
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$262,701

Purchase Details

Closed on
Jun 4, 2012
Sold by
Reveles R Gregory
Bought by
Soscia Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Mcquesten Timothy and Mcquesten Reveles R
Bought by
Revles R G

Purchase Details

Closed on
May 8, 2008
Sold by
Beaucicaut Jeanne J
Bought by
Mcquesten Timothy and Mcquesten Gregory Reveles

Purchase Details

Closed on
Oct 28, 2005
Sold by
Sartini Jason A
Bought by
Beaucicaut Jeanne J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerardi Benjamin P $250,750 None Available
Gerardi Benjamin P $250,750 None Available
Gerardi Benjamin P $250,750 None Available
Soscia Holdings Llc -- None Available
Soscia Holdings Llc -- None Available
Soscia Holdings Llc -- None Available
Soscia Bruce $108,000 --
Soscia Bruce $108,000 --
Revles R G -- --
Revles R G -- --
Mcquesten Timothy $147,000 --
Mcquesten Timothy $147,000 --
Beaucicaut Jeanne J $327,000 --
Beaucicaut Jeanne J $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerardi Benjamin P $246,207
Closed Gerardi Benjamin P $246,207
Previous Owner Beaucicaut Jeanne J $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $250,750 +0.3% $49 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
05/10/2019 05/10/19 For Sale $250,000 -- $49 / 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 $5,511 $490,700 $91,000 $399,700
2024 $4,558 $313,500 $92,700 $220,800
2023 $4,383 $313,500 $92,700 $220,800
2022 $4,383 $313,500 $92,700 $220,800
2021 $3,864 $162,700 $37,800 $124,900
2020 $3,905 $162,700 $37,800 $124,900
2018 $3,918 $162,700 $37,800 $124,900
2017 $4,115 $136,700 $41,300 $95,400
2016 $4,353 $136,700 $41,300 $95,400
2015 $5,000 $136,700 $41,300 $95,400
2014 $4,820 $134,100 $45,500 $88,600
Source: Public Records

Agents Affiliated with this Home

  • Evan Galkin

    Seller's Agent in 2020

    Evan Galkin

    Gibson Sotheby's Int'l Realty

    (401) 569-7602

    45 Total Sales

    Evan Galkin
    Section Image
  • Matthew Daylor

    Buyer's Agent in 2020

    Matthew Daylor

    Keller Williams South Watuppa

    (774) 301-6860

    172 Total Sales

    Matthew Daylor
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1222616

State-Wide MLS

APN: WOON-000002D-000040-000030

Rhode Island Providence County Woonsocket 02895 Fairmount

428 9th Ave, Woonsocket, RI

Not Listed for Sale

MultiFamily

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