NOT LISTED FOR SALE

518 Privilege St Woonsocket, RI 02895

Social District Neighborhood

Estimated Value: $560,000 - $693,000

9 Beds
3 Baths
5,002 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $550,000 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,566/month

103 Days on Market

Highlights

  • Recreation Facilities
  • Bathtub with Shower
  • Storage Room
  • Balcony
  • Laundry Room
  • Public Transportation

About This Home

As of February 2024

This three-unit multifamily property presents a fantastic investment opportunity with contemporary and spacious three-bedroom apartments on each floor. The property has been thoughtfully renovated with modern finishes, making it an ideal choice for potential renters and generating rental income. Conveniently located, with off-street parking and a backyard. Don't miss your chance to see this great property.

Last Agent to Sell the Property

Thiry Bun

Real Broker, LLC License #RES.0041382 Listed on: 11/04/2023

Real Broker, LLC

Co-Listed By

Rhode Island Real Estate Inside

Real Broker, LLC

Last Buyer's Agent

Elisabeth Francois

Real Broker, LLC License #RES.0043143

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,002 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 518PRIVILEGESTWOON

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,379

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: LVGP
  • Co List Office Phone: 855-450-0442
  • Above Grade Finished Sq Ft: 5002.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Other
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony, Paved Driveway
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 518PRIVILEGESTWOON
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3379.0
  • Tax Lot: 130
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Feb 16, 2024
Sold by
Hunter Jerry T
Bought by
Montinard Jeff
Seller's Agent
Thiry Bun
Real Broker, LLC
Buyer's Agent
Elisabeth Francois
Real Broker, LLC
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Views
64
Current Estimated Value
$619,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,084
Avg. Annual Appreciation
7.58%
Original Mortgage
$540,038
Outstanding Balance
$530,296
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$88,788

Purchase Details

Closed on
Oct 21, 2021
Sold by
Hunter Prop & Acquis Llc
Bought by
Hunter Jerry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 1, 2019
Sold by
Hunter Jerry T
Bought by
Hunter Properties & Acq

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 3, 2019
Sold by
Adams John D
Bought by
Hunter Jerry T
Seller's Agent
Milagros Pereira
Excel Companies
Buyer's Agent
Thiry Bun
Real Broker, LLC
List Price
$239,900
Sold Price
$246,000
Premium/Discount to List
$6,100
2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%
Original Mortgage
$209,100
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Us Bank Na
Bought by
Adams John Douglas

Purchase Details

Closed on
Feb 16, 2006
Sold by
Rainville Richard R and Rainville Flora A
Bought by
Baker Kenneth

Purchase Details

Closed on
May 31, 2005
Sold by
Ottolini David J and Ottolini Shiela A
Bought by
Rainville Richard R and Rainville Flora A

Purchase Details

Closed on
May 28, 2003
Sold by
Brizard Cynthia J
Bought by
Ottolini David J

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bellerose Leon A and Bellerose Donna Lee
Bought by
Brizard Cynthia J
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
Montinard Jeff $550,000 None Available
Montinard Jeff $550,000 None Available
Hunter Jerry T -- None Available
Hunter Jerry T -- None Available
Hunter Properties & Acq -- --
Hunter Properties & Acq -- --
Hunter Jerry T $246,000 --
Hunter Jerry T $246,000 --
Adams John Douglas $104,000 --
Adams John Douglas $104,000 --
Baker Kenneth $320,000 --
Baker Kenneth $320,000 --
Rainville Richard R $290,000 --
Rainville Richard R $290,000 --
Ottolini David J $179,000 --
Ottolini David J $179,000 --
Brizard Cynthia J $120,000 --
Brizard Cynthia J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montinard Jeff $540,038
Closed Montinard Jeff $540,038
Previous Owner Hunter Jerry T $245,000
Previous Owner Hunter Jerry T $209,100
Previous Owner Brizard Cynthia J $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $550,000 0.0% $110 / Sq Ft
11/04/2023 11/04/23 For Sale $549,900 +123.5% $110 / Sq Ft
05/03/2019 05/03/19 Sold $246,000 +2.5% $74 / Sq Ft View Prior Sale
04/03/2019 04/03/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $239,900 -- $73 / 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 $3,514 $241,700 $79,900 $161,800
2023 $3,379 $241,700 $79,900 $161,800
2022 $3,379 $241,700 $79,900 $161,800
2021 $3,548 $149,400 $32,800 $116,600
2020 $3,586 $149,400 $32,800 $116,600
2018 $3,130 $130,000 $32,800 $97,200
2017 $3,112 $103,400 $35,700 $67,700
2016 $3,292 $103,400 $35,700 $67,700
2015 $3,782 $103,400 $35,700 $67,700
2014 $3,666 $102,000 $39,200 $62,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Thiry Bun

    Real Broker, LLC

    (401) 785-1700

    1 in this area

    30 Total Sales

    Thiry Bun
    Section Image

  • E

    Buyer's Agent in 2024

    Elisabeth Francois

    Real Broker, LLC

    (954) 673-7107

    1 in this area

    17 Total Sales

    Elisabeth Francois
    Section Image
  • Milagros Pereira

    Seller's Agent in 2019

    Milagros Pereira

    Excel Companies

    (401) 641-2069

    1 in this area

    89 Total Sales

    Milagros Pereira
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1346753

State-Wide MLS

APN: WOON-000021B-000130-000031

Rhode Island Providence County Woonsocket 02895 Social District

518 Privilege St, Woonsocket, RI

This home is located at 518 Privilege St, Woonsocket, RI 02895 since 04 November 2023 and is currently estimated at $619,084, approximately $123 per square foot. This property was built in 1900. 518 Privilege St is a home located in Providence County with nearby schools including Woonsocket High School, Rise Prep Mayoral Academy Middle School, and Rise Prep Mayoral Academy.

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