Seller's Agent in 2023
The Rachel Jones Team
SKD Real Estate
(401) 663-6162
2 in this area
198 Total Sales
5 Lincoln St Smithfield, RI 02917
4
Beds
4
Baths
4,420
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wooded Lot
- Wood Flooring
- Porch
- Vincent J. Gallagher Middle School Rated A-
- Recreation Facilities
- Bathtub with Shower
About This Home
As of May 2023Do not miss out on this income producing 4 unit in Smithfield! Located in a quiet neighborhood on a dead end road, excellent proximity to highway, shopping, Citizens, Fidelity, Bryant University, and Rhode Island College. Tenants have been in place 2 years or longer. One bed one bath in all units, gas on gas stoves and electric heat, tenants pay their own heat and electric, gas hot water tanks, all four less than 3 years old. Great open floorpans, hardwood floors, and bonus/office space with lots of natural light in the second floor units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,000
Year Built
- Built in 1920
Lot Details
- 6,534 Sq Ft Lot
- Wooded Lot
Home Design
- Wood Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 4,420 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 32
- Assessor Parcel Number 5LINCOLNSTSMTH
Community Details
Overview
- 4 Units
- Esmond Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $8,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $440,000 | +2.3% | $100 / Sq Ft | |
| 04/12/2023 04/12/23 | Pending | -- | -- | -- | |
| 03/25/2023 03/25/23 | For Sale | $429,900 | +104.7% | $97 / Sq Ft | |
| 09/29/2014 09/29/14 | Sold | $210,000 | -12.5% | $88 / Sq Ft | View Prior Sale |
| 08/30/2014 08/30/14 | Pending | -- | -- | -- | |
| 02/11/2014 02/11/14 | For Sale | $239,900 | -- | $100 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,853 | $391,700 | $143,400 | $248,300 |
| 2024 | $3,740 | $259,000 | $125,400 | $133,600 |
| 2023 | $3,553 | $259,000 | $125,400 | $133,600 |
| 2022 | $3,460 | $259,000 | $125,400 | $133,600 |
| 2021 | $3,996 | $233,300 | $108,600 | $124,700 |
| 2020 | $3,922 | $233,300 | $108,600 | $124,700 |
| 2019 | $3,922 | $233,300 | $108,600 | $124,700 |
| 2018 | $3,449 | $196,400 | $76,700 | $119,700 |
| 2017 | $3,449 | $196,400 | $76,700 | $119,700 |
| 2016 | $3,286 | $196,400 | $76,700 | $119,700 |
| 2015 | $4,141 | $235,700 | $72,600 | $163,100 |
| 2012 | $4,128 | $257,700 | $86,000 | $171,700 |
Source: Public Records
Agents Affiliated with this Home
-
The Rachel Jones Team
-
Michael Russo
Buyer's Agent in 2023
Michael Russo
RI Real Estate Services
(401) 465-0417
2 in this area
292 Total Sales
-
Karl Martone
Seller's Agent in 2014
Karl Martone
RE/MAX Properties
(401) 232-3900
29 in this area
315 Total Sales
-
J
Buyer's Agent in 2014
Jeremy Krause
Map
Source: State-Wide MLS
MLS Number: 1332106
APN: SMIT M:24 B:000 L:032 U:
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