NOT LISTED FOR SALE

502 Bullocks Point Ave Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $504,083 - $623,000

4 Beds
3 Baths
4,269 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $400,000 $94 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,473/month

20 Days on Market

Highlights

  • 1.09 Acre Lot
  • Wood Flooring
  • Bathtub with Shower
  • Wooded Lot
  • Porch
  • Laundry Room

About This Home

As of December 2021

Unique opportunity to own a legal two family, 2 bedrooms each floor with 2,698 sf GLA per public records. (Rents are low / month to month tenancy, no leases), located at 502 Bullocks Point AND potential for excess land (part of 1.04 acres) to be improved (buyer to confirm details with City Zoning) (See MLS 1266329) off Earl Street. Seller has cleared the lot, older perc test (public utilities possibly at end of Earl Street). Seller will not entertain approvals for development.

Last Agent to Sell the Property

Brenda L. Marchwicki

BisMarc Properties, LLC License #REC.0014896 Listed on: 10/20/2021

Last Buyer's Agent

Brenda L. Marchwicki

BisMarc Properties, LLC License #REC.0014896 Listed on: 10/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,891

Year Built

  • Built in 1835

Lot Details

  • 1.09 Acre Lot
  • Wooded Lot

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 4,269 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service

Listing and Financial Details

  • Legal Lot and Block 413 / 1
  • Assessor Parcel Number 502BULLOCKSPOINT&EARLSTREETSTEPRO

Community Details

Overview

  • 2 Units
  • Bullocks Point Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,891

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0872
  • Subdivision Name: Bullocks Point
  • Above Grade Finished Sq Ft: 4269.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1835
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots, Wooded
  • Construction Type: Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47357.0
  • Parcel #: 502BULLOCKSPOINT&EARLSTREETSTEPRO
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7891.0
  • Tax Block: 1
  • Tax Lot: 413
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2013
Sold by
715 Cottage St Assoc
Bought by
Joseph W Warzycha Jr R
Current Estimated Value
$562,521

Purchase Details

Closed on
Nov 3, 2006
Sold by
Eddy Robin and Dunn-Meadows Paula Ann
Bought by
Ass 715 Cottage Street
Source: Public Records

Range of Values:

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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
Joseph W Warzycha Jr R -- --
Ass 715 Cottage Street $365,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $400,000 -11.1% $94 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $450,000 -- $105 / 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 $5,890 $384,200 $102,500 $281,700
2023 $5,255 $356,000 $102,500 $253,500
2022 $6,809 $311,500 $83,100 $228,400
2021 $6,697 $311,500 $83,100 $228,400
2020 $6,414 $311,500 $83,100 $228,400
2019 $6,236 $311,500 $83,100 $228,400
2018 $6,082 $265,800 $59,300 $206,500
2017 $5,946 $265,800 $59,300 $206,500
2016 $5,908 $265,400 $59,300 $206,100
2015 $6,144 $267,700 $58,600 $209,100
2014 $6,144 $267,700 $58,600 $209,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1296748

State-Wide MLS

APN: EPRO-000413-000001-000003