NOT LISTED FOR SALE

Estimated Value: $590,000 - $679,049

7 Beds
3 Baths
4,197 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $600,000 $143 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,834/month

3 Days on Market

Highlights

  • Recreation Facilities
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room
  • Skylights
  • Bathtub with Shower
  • Tankless Water Heater

About This Home

As of May 2024

Completed renovated and well taken care of triplex is awaiting its new owner. Nestled in the sought-after Fairlawn neighborhood, this property enjoys close proximity to a variety of amenities. From local shops and restaurants to parks and schools, everything you need is just moments away. With easy access to major highways and public transportation, commuting is a breeze, making this property an ideal location for tenants seeking convenience and connectivity. Whether you're looking to expand your investment portfolio or you are an owner-occupy looking to generate rental income, this property has a lot to offer. With three units fully renovated and move-in ready, you can start reaping the rewards of your investment from day one. The roof, on-demand heat and hot water system, appliances and more were just replaced in the last 2 years. Bonus full bathroom in the basement. Don't miss your chance to own this exquisite triplex. Schedule your private showing today.

Last Agent to Sell the Property

The Sousa Team

HomeSmart Professionals Brokerage Phone: 401-921-5011 Listed on: 03/13/2024

HomeSmart Professionals

Last Buyer's Agent

John Slyman

New England Apartment Group License #REB.0018441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 1920

Lot Details

  • 5,083

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,197 Sq Ft Home
  • 3-Story Property
  • Skylights

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater

Additional Features

  • 5,083 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 3976
  • Assessor Parcel Number 471SMITHFIELDAVPAWT

Community Details

Overview

  • 3 Units
  • Fairlawn Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $20,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,341

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1167
  • Inclusions: Buyer to perform due diligence to verify all information.
  • Subdivision Name: Fairlawn
  • Above Grade Finished Sq Ft: 4197.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Skylights, Tub Shower
  • Dining Room Type: Bathroom, Laundry
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • 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, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5083.0
  • Parcel #: 471SMITHFIELDAVPAWT
  • Zoning: Rt
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 20640.0

Tax Info

  • Tax Annual Amount: 5341.0
  • Tax Lot: 3976
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 24, 2024
Sold by
Dasilva Jennie B
Bought by
Dasilva Mitcell R
Seller's Agent
The Sousa Team
HomeSmart Professionals
Buyer's Agent
John Slyman
New England Apartment Group
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%
Views
32
Current Estimated Value
$634,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,762
Avg. Annual Appreciation
4.33%
Original Mortgage
$450,000
Outstanding Balance
$444,511
Interest Rate
6.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$190,251

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 22, 2024
Sold by
Rodriguez Thomas
Bought by
Dash Mitchell R and Dasilva Jennie B
Seller's Agent
The Sousa Team
HomeSmart Professionals
Buyer's Agent
John Slyman
New England Apartment Group
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$444,511
Interest Rate
6.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$190,251

Purchase Details

Listed on
Jul 12, 2015
Closed on
Jul 28, 2016
Sold by
Antonio L Ambrosio
Bought by
Rodriguez Thomas
Seller's Agent
Eric Gendron
William Raveis Inspire
Buyer's Agent
Dulce Noel Realty
Noel Realty Company
List Price
$239,900
Sold Price
$195,000
Premium/Discount to List
-$44,900
-18.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$225,767
Interest Rate
3.48%

Purchase Details

Closed on
Aug 8, 2000
Sold by
Russo Albert and Russo Mary
Bought by
Ambrosio Antonio L and Ambrosio Mariana
Source: Public Records

Range of Values:

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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
Dasilva Mitcell R -- None Available
Dasilva Mitcell R -- None Available
Dash Mitchell R $600,000 None Available
Dash Mitchell R $600,000 None Available
Rodriguez Thomas -- --
Ambrosio Antonio L $110,000 --
Ambrosio Antonio L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dash Mitchell R $450,000
Closed Dash Mitchell R $450,000
Previous Owner Ambrosio Antonio L $225,767
Previous Owner Ambrosio Antonio L --
Previous Owner Ambrosio Antonio L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $600,000 +9.1% $143 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $550,000 +182.1% $131 / Sq Ft
07/28/2016 07/28/16 Sold $195,000 -18.7% $72 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
07/12/2015 07/12/15 For Sale $239,900 -- $89 / 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 $5,633 $456,500 $113,900 $342,600
2023 $5,341 $315,300 $86,400 $228,900
2022 $5,228 $315,300 $86,400 $228,900
2021 $5,228 $315,300 $86,400 $228,900
2020 $4,234 $202,700 $67,500 $135,200
2019 $4,234 $202,700 $67,500 $135,200
2018 $4,080 $202,700 $67,500 $135,200
2017 $4,026 $177,200 $58,600 $118,600
2016 $3,879 $177,200 $58,600 $118,600
2015 $3,879 $177,200 $58,600 $118,600
2014 $3,143 $136,300 $58,600 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354495

State-Wide MLS

APN: PAWT-000048-000000-000473