NOT LISTED FOR SALE

537 Smithfield Rd North Smithfield, RI 02896

Estimated Value: $405,000 - $469,000

4 Beds
2 Baths
2,400 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $392,700 $164 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,703/month

Highlights

  • Wood Flooring
  • Attic
  • Bathtub with Shower
  • North Smithfield Middle School Rated A-
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of September 2023

Nice two family located near police station and across from Barry Field. Each unit has 1200 sq ft and oversized living rooms. First floor has a fully updated modern kitchen, hardwoods, two beds. Both Tenant At Will. Second floor has an older kitchen w/ two beds and a walk up attic area with an additional heated 800+ sq ft that just needs to be finished if you need the extra space. Two staircases in and out of the third floor. One central heating system. Two gas HW heaters. Two laundry set ups in the basement. Roof replaced at end of 2007. Replacement windows. Clapboard siding. Two car garage. Small rear yard area for grilling. Conventional Financing only. Some paint and finish work and this house will do you well for years to come. Great owner occupied home or investor property.

Last Agent to Sell the Property

Raymond Turcotte

Coldwell Banker Realty License #REB.0016460 Listed on: 08/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Tracy Sisson

BHHS Pinnacle Realty License #RES.0041443

BHHS Pinnacle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1920

Lot Details

  • 6,896 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 537SMITHFIELDRDNSMF

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,336

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1583
  • Inclusions: AS IS sale.
  • Above Grade Finished Sq Ft: 2400.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

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: Highway Access, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6896.0
  • Parcel #: 537SMITHFIELDRDNSMF
  • Zoning: RU
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4336.0
  • Tax Block: 000
  • Tax Lot: 009
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 27, 2023
Sold by
Lmn Prop Llc
Bought by
Newman Gary and Purcell Cillian
Seller's Agent
Raymond Turcotte
Coldwell Banker Realty
Buyer's Agent
Tracy Sisson
BHHS Pinnacle Realty
List Price
$395,000
Sold Price
$392,700
Premium/Discount to List
-$2,300
-0.58%
Total Days on Market
0
Views
24
Current Estimated Value
$436,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,174
Avg. Annual Appreciation
6.47%
Original Mortgage
$294,525
Outstanding Balance
$290,035
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,001

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 30, 2016
Sold by
Martin Anthony C
Bought by
Lmn Properties Llc
Seller's Agent
Janice Geddes
Residential Properties Ltd.
Buyer's Agent
Raymond Turcotte
Coldwell Banker Realty
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Source: Public Records

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Range of Values:

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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
Newman Gary $392,700 None Available
Newman Gary $392,700 None Available
Lmn Properties Llc -- --
Martin Anthony C $230,000 --
Lmn Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Gary $294,525
Closed Newman Gary $294,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $392,700 -0.6% $164 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $395,000 +71.7% $165 / Sq Ft
09/30/2016 09/30/16 Sold $230,000 -3.8% $96 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $239,000 +23.5% $100 / Sq Ft
09/26/2012 09/26/12 Sold $193,500 -14.0% $79 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $225,000 -- $92 / 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 $4,604 $311,700 $53,500 $258,200
2023 $4,442 $311,700 $53,500 $258,200
2022 $4,336 $311,700 $53,500 $258,200
2021 $3,794 $232,900 $38,800 $194,100
2020 $3,794 $232,900 $38,800 $194,100
2019 $3,696 $232,900 $38,800 $194,100
2018 $3,305 $191,700 $49,800 $141,900
2017 $3,224 $191,700 $49,800 $141,900
2016 $3,136 $191,700 $49,800 $141,900
2015 $3,291 $197,300 $49,700 $147,600
2014 $3,161 $197,300 $49,700 $147,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341870

State-Wide MLS

APN: NSMI-000009-000000-000538