NOT LISTED FOR SALE

49 Ruth Ave Rumford, RI 02916

Phillipsdale Neighborhood

Estimated Value: $520,000 - $568,447

4 Beds
2 Baths
2,736 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $319,900 $117 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,362/month

23 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Attic
  • Thermal Windows
  • Patio

About This Home

As of February 2021

Don't wait to view this Two Family home located in the desirable Rumford area of East Providence. This 2 unit offers a strong rental history, 2 bedrooms each unit. 2 car detached garage, hardwood floors and more! Whether you are an investor looking for cash flow or a homebuyer looking to occupy a unit and rent out another, this property is for you! All showings inclusive of Open Houses will by appointment only with strict adherence to Covid guidelines.

Last Agent to Sell the Property

David Spinella

Greco Real Estate License #REB.0016691 Listed on: 12/16/2020

Last Buyer's Agent

Tori Turco

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 07/004
  • Assessor Parcel Number 49RUTHAVEPRO

Community Details

Overview

  • 2 Units
  • Rumford Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Rumford
  • Above Grade Finished Sq Ft: 2736.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1963
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • 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, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 49RUTHAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4569.0
  • Tax Lot: 07/004
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 5, 2021
Sold by
Barletta John F
Bought by
Rego Grinoalda J and Rego Roberto O
Seller's Agent
David Spinella
Greco Real Estate
Buyer's Agent
Tori Turco
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$546,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,462
Avg. Annual Appreciation
11.40%
Original Mortgage
$254,900
Outstanding Balance
$216,236
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,126

Purchase Details

Closed on
Oct 3, 2003
Sold by
Tavares Manuel and Tavares Maria
Bought by
Barletta John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 1991
Sold by
Fogarty Lawrence B
Bought by
Tavares Manuel F
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
Rego Grinoalda J $319,900 None Available
Rego Grinoalda J $319,900 None Available
Barletta John $240,000 --
Barletta John $240,000 --
Tavares Manuel F $147,500 --
Tavares Manuel F $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rego Grinoalda J $254,900
Closed Rego Grinoalda J $254,900
Previous Owner Tavares Manuel F $192,000
Previous Owner Tavares Manuel F $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $319,900 0.0% $117 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $319,900 -- $117 / Sq Ft
Source: State-Wide MLS

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 $6,263 $479,200 $150,600 $328,600
2024 $4,850 $316,400 $125,500 $190,900
2023 $4,670 $316,400 $125,500 $190,900
2022 $4,925 $225,300 $67,700 $157,600
2021 $4,844 $225,300 $63,200 $162,100
2020 $4,639 $225,300 $63,200 $162,100
2019 $4,511 $225,300 $63,200 $162,100
2018 $4,247 $185,600 $57,500 $128,100
2017 $4,152 $185,600 $57,500 $128,100
2016 $4,131 $185,600 $57,500 $128,100
2015 $4,085 $178,000 $54,700 $123,300
2014 $4,085 $178,000 $54,700 $123,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Spinella

    Greco Real Estate

    (401) 742-8505

    1 in this area

    13 Total Sales

    David Spinella
    Section Image

  • T

    Buyer's Agent in 2021

    Tori Turco

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1271936

State-Wide MLS

APN: EPRO-000303-000007-000004

Rhode Island Providence County Rumford 02916 Phillipsdale

49 Ruth Ave, Rumford, RI

Not Listed for Sale

MultiFamily

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