NOT LISTED FOR SALE

463 Broad St Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $548,000 - $581,000

9 Beds
3 Baths
2,844 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $231,500 $81 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,352/month

68 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Baseboard Heating
  • Cumberland High School Rated 9+
  • Shops

About This Home

As of September 2014

GREAT INVESTMENT-3 FAMILY WITH 3 BEDROOMS EACH UNIT. PLENTY OF OFF STREET PARKING. SEPERATE UTILITIES. MAINTANCE FREE EXTERIOR. HARDWOODS, BUS ROUTE, GREAT TENANT HISTORY

Last Agent to Sell the Property

Thomas Pastore

CENTURY 21 Gonsalves - Pastore License #RES.0023121 Listed on: 06/10/2014

CENTURY 21 Gonsalves - Pastore

Last Buyer's Agent

Kyle Seyboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1900

Lot Details

  • 5,800 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,844 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 448
  • Assessor Parcel Number 463BROADSTCUMB

Community Details

Overview

  • 3 Units
  • Valley Falls Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,493

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1331
  • Subdivision Name: VALLEY FALLS
  • Above Grade Finished Sq Ft: 2844.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2844.0
  • Stories: 3

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5800.0
  • Parcel #: 463BROADSTCUMB

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 2493.0
  • Tax Lot: 448
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Sep 16, 2014
Sold by
Martel James P and Martel Jeanne M
Bought by
Tavares Joaquim F and Tavares Ana M
Seller's Agent
Thomas Pastore
CENTURY 21 Gonsalves - Pastore
Buyer's Agent
Kyle Seyboth
List Price
$274,900
Sold Price
$231,500
Premium/Discount to List
-$43,400
-15.79%
Current Estimated Value
$563,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,446
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Oct 22, 2007
Sold by
Fnma
Bought by
Martel James P and Martel Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2007
Sold by
Gracioso Crystal M
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Goyette Robert G and Goyette Dawn M
Bought by
Gracioso Jose P and Gracioso Crystal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tavares Joaquim F $231,500 --
Martel James P $210,000 --
Federal National Mortgage Association $287,425 --
Gracioso Jose P $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gracioso Jose P $138,800
Previous Owner Gracioso Jose P $157,500
Previous Owner Gracioso Jose P $256,800
Previous Owner Gracioso Jose P $64,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2014 09/17/14 Sold $231,500 -15.8% $81 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $274,900 -- $97 / 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 $4,591 $374,200 $100,600 $273,600
2024 $4,472 $374,200 $100,600 $273,600
2023 $4,348 $374,200 $100,600 $273,600
2022 $3,601 $240,200 $66,600 $173,600
2021 $3,541 $240,200 $66,600 $173,600
2020 $3,440 $240,200 $66,600 $173,600
2019 $2,935 $184,800 $49,600 $135,200
2018 $2,850 $184,800 $49,600 $135,200
2017 $2,811 $184,800 $49,600 $135,200
2016 $2,699 $158,000 $55,400 $102,600
2015 $2,699 $158,000 $55,400 $102,600
2014 $2,767 $158,000 $55,400 $102,600
2013 $2,577 $163,300 $57,800 $105,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Pastore

    CENTURY 21 Gonsalves - Pastore

    Section Image

  • K

    Buyer's Agent in 2014

    Kyle Seyboth

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1070447

State-Wide MLS

APN: CUMB-000007-000448-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

463 Broad St, Cumberland, RI

Not Listed for Sale

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