NOT LISTED FOR SALE

48 Fairmount Ave Johnston, RI 02919

Hartford Avenue Neighborhood

Estimated Value: $402,000 - $551,000

5 Beds
2 Baths
2,400 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $95,000 $40 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $3,035/month

310 Days on Market

Highlights

  • Wooded Lot
  • Porch
  • Shops
  • Wood Flooring
  • Storm Windows
  • Forced Air Heating System

About This Home

As of October 2013

RARE FIND WITH TWO SINGLES HOUSES ON SAME LOT!!!MOVING CONDITIONS,GREAT NEIGHBORHOOD.NOT FHA, PROBABLY CONVENTIONAL LOAN NEEDS SOME REPAIRS AND ONE OF THEM ROOF REPAIR. SALE AS 'IS' CONDITION.

Last Agent to Sell the Property

Irma Bolanos

Heavens Realty License #RES.0028514 Listed on: 11/14/2012

Last Buyer's Agent

Elena Yanez

New England Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,800 Sq Ft Lot
  • Wooded Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 480
  • Assessor Parcel Number 48481/2FAIRMOUNTAVJOHN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Johnston Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.1791
  • Co List Office Mls Id: MGMR
  • Co List Office Phone: 401-723-6461
  • Subdivision Name: JOHNSTON
  • Above Grade Finished Sq Ft: 2400.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: 12

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range
  • Accessibility Features: Other
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2400.0
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7800.0
  • Parcel #: 48481/2FAIRMOUNTAVJOHN

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 422900.0
  • Tax Lot: 480
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Sep 12, 2013
Sold by
Blanco Julio C and Blanco Jesse A
Bought by
Guerrero Martin
Seller's Agent
Irma Bolanos
Heavens Realty
Buyer's Agent
Elena Yanez
New England Realty Group
List Price
$144,000
Sold Price
$95,000
Premium/Discount to List
-$49,000
-34.03%
Current Estimated Value
$479,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,674
Avg. Annual Appreciation
14.13%
Original Mortgage
$40,000
Outstanding Balance
$29,885
Interest Rate
4.43%
Estimated Equity
$449,789

Purchase Details

Closed on
May 14, 2007
Sold by
Tamayo Javier A and Tamayo Luz D
Bought by
Blanco Julio C and Blanco Jesse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1996
Sold by
Magnani Pietro and Magnani Claire
Bought by
Tamayo Javier A and Tamayo Luz
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
Guerrero Martin $95,000 --
Blanco Julio C $290,000 --
Tamayo Javier A $110,000 --
Guerrero Martin $95,000 --
Blanco Julio C $290,000 --
Tamayo Javier A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamayo Javier A $40,000
Closed Tamayo Javier A $40,000
Previous Owner Tamayo Javier A $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2013 10/21/13 Sold $95,000 -34.0% $40 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $144,000 -- $60 / 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 $6,615 $423,500 $88,900 $334,600
2024 $6,480 $423,500 $88,900 $334,600
2023 $6,480 $423,500 $88,900 $334,600
2022 $5,989 $257,700 $65,800 $191,900
2021 $5,989 $257,700 $65,800 $191,900
2018 $5,130 $186,600 $49,000 $137,600
2016 $6,787 $186,600 $49,000 $137,600
2015 $5,514 $190,200 $49,500 $140,700
2014 $5,468 $190,200 $49,500 $140,700
2013 $5,468 $190,200 $49,500 $140,700
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2013

    Irma Bolanos

    Heavens Realty

    Section Image

  • E

    Buyer's Agent in 2013

    Elena Yanez

    New England Realty Group

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1029344

State-Wide MLS

APN: JOHN-000016-000000-000480

Rhode Island Providence County Johnston 02919 Hartford Avenue

48 Fairmount Ave, Johnston, RI

Not Listed for Sale

MultiFamily

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