NOT LISTED FOR SALE

Estimated Value: $410,000 - $520,000

3 Beds
2 Baths
1,565 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $180,000 $115 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,892/month

11 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Recreation Facilities
  • Barrington High School Rated A
  • Corner Lot
  • Walking Distance to Water

About This Home

As of June 2017

Rare opportunity to own multi-unit property in Bay Spring near Allin's Cove and Haines Park. Two houses on two lots, 51 Spring and 128 Narragansett being sold together. This is perfect FHA 203K property which will pay for renovations and help build equity immediately.

Last Agent to Sell the Property

Sandra Conca

Residential Properties Ltd. License #REB.0011370 Listed on: 05/18/2017

Residential Properties Ltd.

Last Buyer's Agent

Zhongyuan Williams

Coldwell Banker Realty License #RES.0041519

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,899 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 51SPRINGAVBARR

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Bay Spring Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: BAY SPRING
  • Above Grade Finished Sq Ft: 1565.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4899.0
  • Parcel #: 51SPRINGAVBARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5531.0
  • Tax Lot: 134
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Williams Zhongyuan C and Williams Roger A
Bought by
51 Spring Realty Llc
Current Estimated Value
$458,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Outstanding Balance
$270,879
Interest Rate
7.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$187,750

Purchase Details

Closed on
May 31, 2018
Sold by
Williams Zhongyuan
Bought by
Williams Zhongyuan and Williams Roger A

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 29, 2017
Sold by
Chen Wende and Chen Xinhua
Bought by
Williams Zhongyan
Seller's Agent
Sandra Conca
Residential Properties Ltd.
Buyer's Agent
Zhongyuan Williams
Coldwell Banker Realty
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Davis John H and Davis Kelli
Bought by
Hayes Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,736
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
51 Spring Realty Llc -- None Available
51 Spring Realty Llc -- None Available
Williams Zhongyuan -- --
Williams Zhongyan -- --
Chen Wende $180,000 --
Hayes Mary Beth $124,000 --
Williams Zhongyuan -- --
Williams Zhongyan -- --
Hayes Mary Beth $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 51 Spring Realty Llc $276,250
Closed 51 Spring Realty Llc $276,250
Previous Owner Hayes Mary Beth $70,000
Previous Owner Hayes Mary Beth $155,000
Previous Owner Hayes Mary Beth $151,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $180,000 -7.7% $115 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $195,000 -- $125 / 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
2025 $5,829 $380,000 $183,000 $197,000
2024 $5,605 $380,000 $183,000 $197,000
2023 $5,136 $253,000 $105,000 $148,000
2022 $4,971 $253,000 $105,000 $148,000
2021 $4,845 $253,000 $105,000 $148,000
2020 $4,577 $219,000 $86,000 $133,000
2019 $4,402 $219,000 $86,000 $133,000
2018 $3,803 $195,000 $86,000 $109,000
2017 $4,214 $210,700 $81,700 $129,000
2016 $3,887 $210,700 $81,700 $129,000
2015 $3,845 $210,700 $81,700 $129,000
2014 $3,889 $212,500 $81,700 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1160897

State-Wide MLS

APN: BARR-000001-000000-000134