The Realpro Group
REALPRO by The Water
(401) 240-4724
341 Total Sales
7 in Central Falls
$363K - $850K Price Range
53 Summer St Unit 55 Central Falls, RI 02863
Central Falls Area
11
Beds
4
Baths
5,865
Sq Ft
4,356
Sq Ft Lot
Highlights
- Bathtub
- Public Transportation
- Baseboard Heating
- Storage Room
About This Home
As of August 2022What a wonder multifamily house is on the market for sale. This is a legal 4 units that is presently used as a 3 family house. With a lot of work performed in 2020 this property is a great opportunity for a homeowner occupied or investment. All 3 units are in extremely good condition. Electrical has been update and also 3 new boiler has been installed. Rent is bringing over $45,000 a year, with the potential for another $15,000 after unit #4 is ready. Also a good advantage of this property is that it is within walking distance from a high school and a elementary school. What can be better?
Last Agent to Sell the Property
Century 21 AllPoints Realty License #RES.0042320 Listed on: 10/20/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,743
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Brick Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 5,865 Sq Ft Home
- 4-Story Property
- Storage Room
- Utility Room
- Laminate Flooring
Bedrooms and Bathrooms
- 11 Bedrooms
- 4 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Community Details
- 4 Units
- Public Transportation
Listing and Financial Details
- Tax Lot 314
- Assessor Parcel Number 53SUMMERSTCFLS
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
Oct 20, 2021
Closed on
Aug 5, 2022
Sold by
Bought by
Seller's Agent
Gustavo Sanchez
Century 21 AllPoints Realty
Buyer's Agent
Premier Group
eXp Realty LLC
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,884
Outstanding Balance
$384,601
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 19, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,022
Interest Rate
5.5%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 9, 2017
Sold by
Bought by
Purchase Details
Closed on
May 18, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 18, 2011
Sold by
Bought by
Purchase Details
Closed on
Jun 22, 2011
Sold by
Bought by
Purchase Details
Closed on
May 25, 2011
Sold by
Bought by
Purchase Details
Closed on
Jun 30, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 16, 2009
Sold by
Bought by
Purchase Details
Closed on
Sep 24, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 12, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Falls, RI
-
The Realpro Group
-
Heber Anibal Recinos
Heber Anibal Recinos
Hemekedeal Realty, LLC
(401) 593-6248
37 Total Sales
1 in Central Falls
$550,000 Price
-
Jen McMorran
Jen McMorran
Responds QuicklyKeller Williams Elite
(339) 220-5309
114 Total Sales
1 in Central Falls
$185,000 Price
-
Yvonne Sousa
Yvonne Sousa
LoKation Real Estate
(401) 645-4299
159 Total Sales
2 in Central Falls
$725K - $730K Price Range
-
Julie King
Julie King
Lion Real Estate Group
(508) 719-6822
29 Total Sales
1 in Central Falls
$367,000 Price
-
Elvis Santana
Elvis Santana
Circle 100 Real Estate
(774) 806-8764
94 Total Sales
3 in Central Falls
$400K - $535K Price Range
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 |
|---|---|---|---|
| $450,000 | None Available | ||
| $170,000 | -- | ||
| $140,000 | -- | ||
| $1,018 | -- | ||
| -- | -- | ||
| $697 | -- | ||
| $697 | -- | ||
| $1,354 | -- | ||
| $50,000 | -- | ||
| $236,700 | -- | ||
| $280,000 | -- | ||
| $85,000 | -- |
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 |
|---|---|---|---|
| Open | $411,884 | ||
| Previous Owner | $269,022 | ||
| Previous Owner | $10,623 | ||
| Closed | $170,000 | ||
| Previous Owner | $42,000 | ||
| Previous Owner | $42,000 |
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 |
|---|---|---|---|---|
| 08/05/2022 08/05/22 | Sold | $450,000 | +4.7% | $77 / Sq Ft |
| 11/26/2021 11/26/21 | Pending | -- | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $429,900 | -- | $73 / Sq Ft |
Source: State-Wide MLS
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 | $7,568 | $572,900 | $102,300 | $470,600 |
| 2024 | $7,042 | $374,400 | $76,900 | $297,500 |
| 2023 | $6,945 | $374,400 | $76,900 | $297,500 |
| 2022 | $6,537 | $374,400 | $76,900 | $297,500 |
| 2021 | $3,593 | $151,200 | $26,600 | $124,600 |
| 2020 | $3,582 | $151,200 | $26,600 | $124,600 |
| 2019 | $3,744 | $151,200 | $26,600 | $124,600 |
| 2018 | $3,857 | $146,600 | $25,600 | $121,000 |
| 2017 | $3,857 | $146,600 | $25,600 | $121,000 |
| 2016 | $3,801 | $146,600 | $25,600 | $121,000 |
| 2015 | $3,506 | $126,900 | $24,200 | $102,700 |
| 2014 | $3,459 | $126,900 | $24,200 | $102,700 |
| 2013 | $3,264 | $126,900 | $24,200 | $102,700 |
Source: Public Records
Agents Affiliated with this Home
-
Gustavo Sanchez
Seller's Agent in 2022
Gustavo Sanchez
Century 21 AllPoints Realty
(401) 521-9490
119 Total Sales
-
Premier Group
P
Buyer's Agent in 2022
Premier Group
eXp Realty LLC
(401) 288-3600
368 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1296542
APN: CENT M:06 P:314
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