NOT LISTED FOR SALE

500 Bullocks Point Ave Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $603,000 - $680,000

5 Beds
3 Baths
2,872 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $572,000 $199 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,959/month

4 Days on Market

Highlights

  • 0.33 Acre Lot
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Recreation Facilities
  • Window Unit Cooling System

About This Home

As of October 2023

A perfect balance between classic Victorian and modern amenities make this property irresistible and a must see! Enter through the enclosed porch and right away you will see the lead glass windows, the hardwood floors, and the amazing woodwork. There is a double living room with a fireplace. As your eye travels, you will see an updated kitchen with granite which flows to the classic dining room with built-in china cabinets and woodwork that makes the room complete. On the far side of the kitchen is the first floor bathroom. On the second level you will find three bedrooms, another full bathroom, laundry, and access to the attic. The laundry room is large and has a closet which provides opportunity for a fourth bedroom. This property also has a one bedroom apartment attached to the main residence. This is perfect for additional income or for an in-law or au pair living space. The apartment has a full eat-in kitchen, a living room, bedroom, bathroom, and laundry as well as a separate entrance with a deck for an outside seating area. This property sits on a fully fenced lot. You can see the sunrise from the east, as you pour your coffee in the morning, and set in the west as you sit and relax on the porch and unwind from the day.

Last Agent to Sell the Property

Pamela Clarke

Weichert REALTORS-Atlantic Prp License #RES.0044328 Listed on: 08/11/2023

Weichert REALTORS-Atlantic Prp

Last Buyer's Agent

Debbie Gold

Coldwell Banker Realty License #RES.0028148

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,621

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Fenced

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 002 / 1
  • Assessor Parcel Number 500BULLOCKSPOINTAVEPRO

Community Details

Overview

  • 2 Units
  • Bullocks Point / Riverside Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,621

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Subdivision Name: Bullocks Point / Riverside
  • Above Grade Finished Sq Ft: 2872.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Steam, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 500BULLOCKSPOINTAVEPRO
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 6621.0
  • Tax Block: 1
  • Tax Lot: 002
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 26, 2023
Sold by
Mcbride Robert G and Mcbride Marlene A
Bought by
Mchale Phyllis
Seller's Agent
Pamela Clarke
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Debbie Gold
Coldwell Banker Realty
List Price
$549,900
Sold Price
$572,000
Premium/Discount to List
$22,100
4.02%
Views
209
Current Estimated Value
$634,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,088
Avg. Annual Appreciation
2.52%
Original Mortgage
$300,000
Outstanding Balance
$295,122
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$305,901

Purchase Details

Listed on
Oct 27, 2015
Closed on
Dec 24, 2015
Sold by
Patterson Pamela J
Bought by
Mcbride Robert G and Mcbride Marlene A
Seller's Agent
Roseann Dugan
HomeSmart Professionals Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$150,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Patterson 3Rd Charles H and Patteson Pamela J
Bought by
Patterson Pamela J

Purchase Details

Closed on
Dec 6, 1991
Sold by
Rosenholm William H
Bought by
Patterson Charles H
Source: Public Records

Range of Values:

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Average Value
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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
Mchale Phyllis $572,000 None Available
Mchale Phyllis $572,000 None Available
Mcbride Robert G $255,000 --
Mcbride Robert G $255,000 --
Patterson Pamela J -- --
Patterson Pamela J -- --
Patterson Charles H $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchale Phyllis $300,000
Closed Mchale Phyllis $300,000
Previous Owner Mcbride Robert G $150,000
Previous Owner Patterson Charles H $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $572,000 +4.0% $199 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $549,900 +115.6% $191 / Sq Ft
12/30/2015 12/30/15 Sold $255,000 0.0% $80 / Sq Ft
12/23/2015 12/23/15 Sold $255,000 -5.2% $80 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
11/23/2015 11/23/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $269,000 -3.9% $85 / Sq Ft
09/29/2015 09/29/15 For Sale $279,900 -- $88 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $7,168 $467,600 $95,200 $372,400
2023 $6,902 $467,600 $95,200 $372,400
2022 $6,621 $302,900 $61,800 $241,100
2021 $6,512 $302,900 $61,800 $241,100
2020 $6,237 $302,900 $61,800 $241,100
2019 $6,064 $302,900 $61,800 $241,100
2018 $5,315 $232,300 $42,000 $190,300
2017 $5,197 $232,300 $42,000 $190,300
2016 $5,309 $238,500 $42,000 $196,500
2015 $5,692 $248,000 $41,600 $206,400
2014 $5,692 $248,000 $41,600 $206,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341567

State-Wide MLS

APN: EPRO-000413-000001-000002