Louis Barrows
Keller Williams Leading Edge
(401) 208-2129
231 Total Sales
1 in Fairmount
$302,500 Price
50 1st Ave Woonsocket, RI 02895
Fairmount NeighborhoodEstimated Value: $252,000 - $562,000
12
Beds
6
Baths
5,262
Sq Ft
$74/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.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
8,276 Sq Ft Lot
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
- Stories: 5
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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
$140,615
Avg. Annual Appreciation
5.20%
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
Listed on
Nov 10, 2016
Closed on
Jun 14, 2017
Sold by
Bank Of America Na
Bought by
Woonsocket City Of
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Joy Riley
Westcott Properties
List Price
$4,200
Sold Price
$1
Premium/Discount to List
-$4,199
-99.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98,581,439,593,722,437.50%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fairmount, RI
-
Louis Barrows
-
Holly Regoli
Holly Regoli
REMAX Revolution
(401) 340-2289
59 Total Sales
1 in Fairmount
$480,000 Price
-
Herson Martinez
Herson Martinez
RISE REC
(401) 414-4072
104 Total Sales
1 in Fairmount
$357,000 Price
-
Lisa Duffy
Lisa Duffy
Residential Properties Ltd.
(774) 500-3819
84 Total Sales
1 in Fairmount
$340,000 Price
-
Peter Brown
Peter Brown
eXp Realty
(401) 246-7116
26 Total Sales
1 in Fairmount
$350,000 Price
-
Remi Lanoie
Remi Lanoie
Yorway Realty
(401) 406-8889
107 Total Sales
1 in Fairmount
$405,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $249,900 | -- | ||
| Gobeille Ft | $5,000 | -- | |
| Woonsocket City Of | -- | -- | |
| Brosseau Michael G | $58,000 | -- | |
| Muto James R | $17,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $126,621 | ||
| Previous Owner | Brosseau Michael G | $110,150 | |
| Previous Owner | Brosseau Michael G | $104,500 | |
| Previous Owner | Rainone Kenneth V | $90,000 | |
| Previous Owner | Brosseau Michael G | $15,000 | |
| Previous Owner | Tinwin Norbert | $46,090 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | +24989900.0% | $47 / Sq Ft | |
| 06/28/2017 06/28/17 | Sold | $1 | -100.0% | $0 / Sq Ft | View Prior Sale |
| 05/29/2017 05/29/17 | Pending | -- | -- | -- | |
| 11/10/2016 11/10/16 | For Sale | $4,200 | -- | $1 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $733 | $65,300 | $65,300 | $0 |
| 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
-
Stacy Corrigan
Seller's Agent in 2017
Stacy Corrigan
Real Broker MA, LLC
(401) 829-8323
2 in this area
99 Total Sales
-
Joy Riley
Seller's Agent in 2017
Joy Riley
Westcott Properties
(401) 952-7887
1 in this area
255 Total Sales
-
Robert Martin
Buyer's Agent in 2017
Robert Martin
CrossRoads Real Estate Group
(401) 766-7545
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72213553
APN: WOON-000006C-000264-000028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.