NOT LISTED FOR SALE

457 Carolina Back Rd Unit A Charlestown, RI 02813

Estimated Value: $423,000 - $695,728

5 Beds
3 Baths
2,118 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $590,000 $279 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,954/month

48 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Baseboard Heating
  • Chariho High School Rated 10
  • Forced Air Heating System

About This Home

As of August 2023

Nestled in the picturesque town of Charlestown is this one-of-a-kind property that sits on 1.79 acres. This property is currently being used as a residential multi-family with 3 legal units. This property is zoned C1, commercial, and can be used for an approved permitted commercial use or residential use, but cannot be used as both. The main house holds two units, one on the first floor, and one on the second floor. Both units are 2 beds, 1 bath. The second-floor unit has been renovated with new flooring, bathroom, kitchen, granite countertops, stainless steel appliances, and includes a washer and dryer in the unit. The lower level of the main house offers an additional washer/dryer and extra storage for tenant use. The separate third unit was fully renovated in 2021 including the siding, roof, windows, flooring, kitchen, bathroom, heat, wall unit A/C, and hot water. All units have separate utilities.

Last Agent to Sell the Property

Katie Kilcommons

Lila Delman Compass License #RES.0041998 Listed on: 07/05/2023

Last Buyer's Agent

Michael Himmel

Mott & Chace Sotheby's Intl. License #REB.0018957

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1830

Lot Details

  • 1.79 Acre Lot
  • Wooded Lot

Home Design

  • Stone Foundation
  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 10 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 457CAROLINABACKRDCHAR

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,095

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 1.79
  • Above Grade Finished Sq Ft: 2118.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1830
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Other, Shingle Siding, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None, Wall Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 77972.0
  • Parcel #: 457CAROLINABACKRDCHAR
  • Zoning: C1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 3095.0
  • Tax Lot: 80
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 30, 2023
Sold by
Pettigrew Brian
Bought by
Potter Augustus
Seller's Agent
Katie Kilcommons
Lila Delman Compass
Buyer's Agent
Michael Himmel
Mott & Chace Sotheby's Intl.
List Price
$589,900
Sold Price
$590,000
Premium/Discount to List
$100
0.02%
Views
46
Current Estimated Value
$525,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,568
Avg. Annual Appreciation
-5.06%
Original Mortgage
$320,000
Outstanding Balance
$312,352
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,080

Purchase Details

Listed on
Oct 8, 2020
Closed on
Mar 29, 2021
Sold by
Matson John O and Matson Mary J
Bought by
Pettigrew Brian
Seller's Agent
Jill Matson
Compass
Buyer's Agent
Jesse Reynolds
RI Real Estate Services
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.71%
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
Potter Augustus $590,000 None Available
Pettigrew Brian $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Augustus $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $590,000 0.0% $279 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $589,900 +96.6% $279 / Sq Ft
04/08/2021 04/08/21 Sold $300,000 -14.0% $142 / Sq Ft View Prior Sale
03/09/2021 03/09/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $349,000 -- $165 / 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 $2,247 $378,900 $129,500 $249,400
2024 $2,190 $378,900 $129,500 $249,400
2023 $2,175 $378,900 $129,500 $249,400
2022 $2,241 $274,300 $101,000 $173,300
2021 $2,244 $274,300 $101,000 $173,300
2020 $2,257 $274,300 $101,000 $173,300
2019 $2,257 $244,500 $101,000 $143,500
2018 $2,357 $244,500 $101,000 $143,500
2017 $2,345 $244,500 $101,000 $143,500
2016 $2,334 $228,600 $92,000 $136,600
2015 $2,311 $228,600 $92,000 $136,600
2014 $2,263 $228,600 $92,000 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1338922

State-Wide MLS

APN: CHAR-000028-000000-000080