NOT LISTED FOR SALE

Estimated Value: $391,685 - $518,000

4 Beds
2 Baths
2,476 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $290,000 $117 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,692/month

48 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Bathtub with Shower
  • Corner Lot
  • Porch
  • Public Transportation

About This Home

As of September 2021

Great opportunity for either investor or owner occupied buyers. This solid, very well built 2 family home has been updated over the years and well maintained. Located within a block of East Ave and within minutes to the highway and train station, this property's terrific location provides for an easy commute to Boston or anywhere in RI in addition to its close proximity to restaurants and other conveniences. The exterior of the home features a younger architectural roof, replacement windows, vinyl siding, and a nice side porch. Mechanics are also updated with a newer boiler, electrical panel, and a 3 year old hot water tank. Some interior improvements to the units include recessed lighting, ceramic tile flooring, and modernized kitchens and baths. The second floor apartment has been recently renovated with all new paint and carpeting. It is move in ready as the tenant just vacated (monthly rent was $825.00). The unfinished, dry basement has a very high ceiling (10 feet+) with two full windows and an exterior door lending itself to easily being finished off for future expansion and great additional space. The ample sized corner lot provides for plenty of grassy space to enjoy the outdoors and a driveway with off street parking. Each unit has its own entrance. The solid rental history and low maintenance makes this property an overall ideal investment.

Last Agent to Sell the Property

Leza Williamson

Williams & Stuart Real Estate License #RES.0040787 Listed on: 06/23/2021

Williams & Stuart Real Estate

Last Buyer's Agent

Ron Mercurio

RE/MAX Preferred

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1880

Lot Details

  • 4,794 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 181
  • Assessor Parcel Number 47PINESTPAWT

Community Details

Overview

  • 2 Units
  • Woodlawn / East Ave. Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $11,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,063

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1101
  • Subdivision Name: Woodlawn / East Ave.
  • Above Grade Finished Sq Ft: 2476.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • 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: Tub Shower
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4794.0
  • Parcel #: 47PINESTPAWT
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 11310.0

Tax Info

  • Tax Annual Amount: 4063.0
  • Tax Lot: 181
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 10, 2021
Sold by
Jeffrey Morton
Bought by
Hilchey Mollie
Seller's Agent
Leza Williamson
Williams & Stuart Real Estate
Buyer's Agent
Ron Mercurio
RE/MAX Preferred
List Price
$305,000
Sold Price
$290,000
Premium/Discount to List
-$15,000
-4.92%
Current Estimated Value
$455,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,671
Avg. Annual Appreciation
10.89%
Original Mortgage
$284,747
Outstanding Balance
$256,829
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$198,842

Purchase Details

Closed on
May 29, 2002
Sold by
Londono Guillermo and Londono Blanca
Bought by
Morton Jeffrey

Purchase Details

Closed on
Oct 29, 1999
Sold by
Cardoso Jose J
Bought by
Londono Guillermo A and Londono Blanca E
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hilchey Mollie $290,000 None Available
Morton Jeffrey $95,000 --
Londono Guillermo A $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilchey Mollie $284,747
Previous Owner Londono Guillermo A $50,000
Previous Owner Londono Guillermo A $30,000
Previous Owner Londono Guillermo A $89,829
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $290,000 -4.9% $117 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $305,000 -- $123 / 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 $3,917 $297,900 $81,400 $216,500
2024 $3,676 $297,900 $81,400 $216,500
2023 $3,295 $194,500 $40,200 $154,300
2022 $3,225 $194,500 $40,200 $154,300
2021 $3,225 $194,500 $40,200 $154,300
2020 $3,355 $160,600 $56,900 $103,700
2019 $3,355 $160,600 $56,900 $103,700
2018 $3,233 $160,600 $56,900 $103,700
2017 $3,231 $142,200 $66,000 $76,200
2016 $3,113 $142,200 $66,000 $76,200
2015 $3,113 $142,200 $66,000 $76,200
2014 $3,337 $144,700 $77,000 $67,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1286206

State-Wide MLS

APN: PAWT-000054-000000-000181