NOT LISTED FOR SALE

53 Sumner Ave Central Falls, RI 02863

Estimated Value: $457,000 - $537,000

8 Beds
3 Baths
2,974 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $140,000 $47 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $3,229/month

63 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Baseboard Heating

About This Home

As of March 2017

HUD Home AS-IS FHA 451-086301 IE Eligible for FHA 203K, Cash or conventional. Great Investment BLB Resources makes no warranty as to the cond. of the property Buyer to verify all info. Bids due by 11:59pm 12-14-16. Buyer Responsible for smoke inspect

Last Agent to Sell the Property

Premier Group

Century 21 Limitless PRG Listed on: 12/05/2016

Century 21 Limitless PRG

Last Buyer's Agent

Renato De Lima

Innovations Realty License #RES.0041249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1900

Lot Details

  • 4,500 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,974 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 3 Units
  • Central Falls Subdivision

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 53SUMNERAVCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1033
  • Subdivision Name: CENTRAL FALLS
  • Above Grade Finished Sq Ft: 2974.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: 5120

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Living Area: 2974.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • 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

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4500.0
  • Parcel #: 53SUMNERAVCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3440.91
  • Tax Lot: 214
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Ri Hsng & Mtg Fin Corp
Current Estimated Value
$512,123

Purchase Details

Closed on
Aug 2, 2012
Sold by
Dossantos Alberto
Bought by
Rhode Island Hsng & Mtg

Purchase Details

Closed on
Aug 5, 2004
Sold by
Paquette Louis
Bought by
Dossantos Alberto R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ri Hsng & Mtg Fin Corp -- --
Ri Hsng & Mtg Fin Corp -- --
Rhode Island Hsng & Mtg $292,810 --
Rhode Island Hsng & Mtg $292,810 --
Dossantos Alberto R $270,000 --
Dossantos Alberto R $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Rene A $168,396
Closed Chacon Rene A $167,620
Previous Owner Dossantos Alberto R $265,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2017 03/09/17 Sold $140,000 +16.7% $47 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $120,000 -- $40 / 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 $5,524 $293,700 $77,500 $216,200
2023 $5,448 $293,700 $77,500 $216,200
2022 $3,524 $293,700 $77,500 $216,200
2021 $4,053 $170,600 $26,800 $143,800
2020 $4,042 $170,600 $26,800 $143,800
2019 $2,462 $170,600 $26,800 $143,800
2018 $3,491 $132,700 $25,800 $106,900
2017 $3,491 $132,700 $25,800 $106,900
2016 -- $132,700 $25,800 $106,900
2015 -- $110,000 $24,400 $85,600
2014 -- $110,000 $24,400 $85,600
2013 $2,829 $110,000 $24,400 $85,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1142557

State-Wide MLS

APN: CENT-000006-000000-000214