Seller's Agent in 2017
Stacy Corrigan
Real Broker MA, LLC
(401) 829-8323
2 in this area
105 Total Sales
50 1st Ave Woonsocket, RI 02895
Fairmount NeighborhoodEstimated Value: $176,000 - $542,000
12
Beds
6
Baths
5,262
Sq Ft
$71/Sq Ft
Est. Value
About This Home
As of November 2017SOLID SIX FAMILY BUILDING with STABLE RENTAL HISTORY and 12% cap rate. Each unit has access to porches with TWO units having PRIVATE PORCHES off the living room. HARDWOOD floors throughout with several UPDATES to kitchens and bathrooms. All WIRING replaced in 2008 with 400 AMP service to the house and 100 amp service to each unit and all SMOKES are HARDWIRED with regularly tested alarm panel. Laundry HOOKUPS are in each unit and there's STORAGE in the basement that provides additional INCOME. All new gas pipes in basement. Chimney was re-pointed and driveway paved, in 2008 and the ROOF was replaced 8 years ago. There's plenty of OFF STREET PARKING Four Tenants professionally screened by management company. Two long term tenants are due for a rent increase, allowing for the potential for additional income. Rents are CURRENT and TENANTS PAY reliably. All UTILITIES are SEPARATE including hot water. One Section 8 tenant has heat & hw included currently. Building is WELL INSULATED.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$967
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Easements, Additional Land Avail.
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Unknown
- Year Round: Yes
- Insc: 3750
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 25
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
- Electric: Circuit Breakers, 100 Amps, Individually Metered
- Energy: Insulated Windows
- Flooring: Wood, Vinyl
- Basement: Full, Unfinished Basement
- Full Bathrooms: 6
- Total Levels: 5
- Main Lo: AC1915
- Main So: AN1709
- Estimated Sq Ft: 5262.00
Exterior Features
- Frontage: 50.00
- Construction: Frame
- Exterior: Shingles, Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Common, Improved Driveway
- Parking Spaces: 14
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 907
- Sewer: 1414
Condo/Co-op/Association
- Total Units: 6
Lot Info
- Zoning: R4
- Acre: 0.19
- Lot Size: 8276.00
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/16
- Heat Units: 6
- Total Bedrooms: 12
- Total Floors: 9
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 24
- Total Rent_1: 4295
- Multi Family Type: 5-9 Family
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2017
Closed on
Nov 7, 2017
Sold by
Gobeille Ft and Gobeille
Bought by
Gobeille Arthur A and Gobeille Cinda-Lu
Seller's Agent
Stacy Corrigan
Real Broker MA, LLC
Buyer's Agent
Robert Martin
CrossRoads Real Estate Group
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,770
Avg. Annual Appreciation
5.37%
Purchase Details
Listed on
Aug 14, 2017
Closed on
Oct 10, 2017
Sold by
Woonsocket City Of
Bought by
Gobeille Ft
Seller's Agent
Stacy Corrigan
Real Broker MA, LLC
Buyer's Agent
Robert Martin
CrossRoads Real Estate Group
List Price
$249,900
Sold Price
$249,900
Purchase Details
Closed on
Jun 14, 2017
Sold by
Bank Of America Na
Bought by
Woonsocket City Of
Purchase Details
Closed on
Nov 2, 1999
Sold by
Muto James R and Muto Kathleen F
Bought by
Brosseau Michael G
Purchase Details
Closed on
May 8, 1996
Sold by
First Nb Chicago Tr
Bought by
Muto James R and Muto Kathleen
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gobeille Arthur A | $249,900 | -- | |
| Gobeille Arthur A | $249,900 | -- | |
| Gobeille Ft | $5,000 | -- | |
| Woonsocket City Of | -- | -- | |
| Woonsocket City Of | -- | -- | |
| Brosseau Michael G | $58,000 | -- | |
| Brosseau Michael G | $58,000 | -- | |
| Muto James R | $17,500 | -- | |
| Muto James R | $17,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Muto James R | $126,621 | |
| Previous Owner | Muto James R | $110,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2017 11/07/17 | Sold | $249,900 | 0.0% | $47 / Sq Ft |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | For Sale | $249,900 | -- | $47 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 |
|---|---|---|---|---|
| 2024 | $967 | $66,500 | $66,500 | $0 |
| 2023 | $930 | $66,500 | $66,500 | $0 |
| 2022 | $930 | $66,500 | $66,500 | $0 |
| 2021 | $689 | $29,000 | $29,000 | $0 |
| 2020 | $696 | $29,000 | $29,000 | $0 |
| 2018 | $698 | $29,000 | $29,000 | $0 |
| 2017 | $0 | $29,700 | $29,700 | $0 |
| 2016 | $3,276 | $102,900 | $29,700 | $73,200 |
| 2015 | $3,764 | $102,900 | $29,700 | $73,200 |
| 2014 | $2,471 | $98,200 | $32,600 | $65,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Robert Martin
CrossRoads Real Estate Group
(401) 766-7545
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72213553
APN: WOON-000006C-000264-000028
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