NOT LISTED FOR SALE

53 Summer St Unit 55 Central Falls, RI 02863

11 Beds
4 Baths
5,865 Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: August 5, 2022

Last sale price $450,000 $77 Per Sq Ft

36 Days on Market

Highlights

  • Bathtub
  • Public Transportation
  • Baseboard Heating
  • Storage Room

About This Home

As of August 2022

What 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

Gustavo Sanchez

Century 21 AllPoints Realty License #RES.0042320 Listed on: 10/20/2021

Last Buyer's Agent

Premier Group

eXp Realty LLC

eXp Realty LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,743

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 5865.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bathtub
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 53SUMMERSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3743.0
  • Tax Lot: 314
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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Map

Source: State-Wide MLS

MLS Number: 1296542

State-Wide MLS

APN: CENT M:06 P:314

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