$470,000
SOLD NOV 13, 2024

495 Lafayette Rd North Kingstown, RI 02852

4 Beds
2 Baths
1,949 Sq Ft
0.78 Acres

Recently Sold

$241 Per Sq Ft

10% Below List Price

63 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Stony Lane Elementary School Rated A
  • Attic
  • Thermal Windows

About This Home

As of November 2024

Exceptional opportunity in North Kingstown! This spacious and versatile duplex ranch with a walk-out basement is a gem for both investors and owner-occupants alike. Each unit boasts its own separate upstairs and downstairs areas, offering an abundance of space and privacy. In-unit laundry and Ample parking space adds a touch of convenience to both units, which are currently rented out. This property can be converted back into a single-family home post-closing, if desired. Nestled in a prime location, you'll be just minutes from all the incredible amenities Rhode Island has to offer whether it's beaches, boating, hiking, shopping, or cultural experiences like museums as well as the Wickford Commuter Train Station. With recent updates, this unique property is a rare find that promises both comfort and opportunity! Property to be sold as is. Please note the sales disclosures & addendum to the sales disclosures for information regarding the condition of the property.

Last Agent to Sell the Property

Alpern & Mesenbourg Group

Keller Williams Coastal Listed on: 08/22/2024

Keller Williams Coastal

Last Buyer's Agent

Sheil Readyhough Team

Mott & Chace Sotheby's Intl.

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1975

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Patio
  • 0.78 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 016
  • Assessor Parcel Number 495LAFAYETTERDNKNG

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.78
  • Above Grade Finished Sq Ft: 1949.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33976.0
  • Parcel #: 495LAFAYETTERDNKNG
  • Zoning: NR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5766.0
  • Tax Lot: 016
  • Tax Map Number: 099
  • Tax Year: 2023

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $470,000 -6.0% $241 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
09/02/2024 09/02/24 Price Changed $499,900 -4.8% $256 / Sq Ft
08/22/2024 08/22/24 For Sale $525,000 -- $269 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366881

State-Wide MLS

APN: NKIN M:099 B:016