NOT LISTED FOR SALE

543 Smithfield Rd North Smithfield, RI 02896

Estimated Value: $451,457 - $481,000

4 Beds
2 Baths
2,048 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $380,000 $186 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,725/month

35 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • North Smithfield Elementary School Rated A-
  • Bathtub with Shower
  • Hot Water Heating System

About This Home

As of May 2023

HIGHEST AND BEST OFFER DEADLINE TUESDAY APRIL 4TH @ 12PM. Well maintained 2 family home with detached 2 car garage. The home features a newer roof, shingle style vinyl siding, hard wood floors and over 2000 square feet of living space. Both units consist of 2 good sized bedrooms, and one bath and have have been recently painted. The shared unfinished basement provides ample storage and a shared washer and dryer. Small shed in yard also provides additional storage space. 1st floor tenants are month to month and second floor is vacant.

Last Agent to Sell the Property

Ben Willett

Serhant New England License #REB.0019095 Listed on: 03/30/2023

Serhant New England

Last Buyer's Agent

Israel Akinbo

Tabernacle Realty License #REB.0015880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1900

Lot Details

  • 7,187 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

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 Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 539
  • Assessor Parcel Number 543SMITHFIELDRDNSMF

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 1900

Lot Details

7,187 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.165
  • Above Grade Finished Sq Ft: 2048.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7187.0
  • Parcel #: 543SMITHFIELDRDNSMF
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4054.0
  • Tax Lot: 539
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 5, 2023
Sold by
Scudder Bay Capital Llc
Bought by
Igbuku Emmanuel
Seller's Agent
Ben Willett
Serhant New England
Buyer's Agent
Israel Akinbo
Tabernacle Realty
List Price
$349,000
Sold Price
$380,000
Premium/Discount to List
$31,000
8.88%
Current Estimated Value
$461,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,614
Avg. Annual Appreciation
7.06%
Original Mortgage
$373,117
Outstanding Balance
$360,788
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$100,826

Purchase Details

Listed on
Aug 6, 2012
Closed on
Apr 24, 2013
Sold by
Hsbc Bank Usa
Bought by
W Scudder Bay Capital
Seller's Agent
Michael Rodriguez
Realhome Services & Solutions
Buyer's Agent
Shannon Mace
Serhant New England
List Price
$210,000
Sold Price
$174,900
Premium/Discount to List
-$35,100
-16.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Igbuku Emmanuel $380,000 None Available
Igbuku Emmanuel $380,000 None Available
W Scudder Bay Capital $150,299 --
W Scudder Bay Capital $150,299 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igbuku Emmanuel $373,117
Closed Igbuku Emmanuel $373,117
Previous Owner W Scudder Bay Capital $252,000
Previous Owner W Scudder Bay Capital $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $380,000 +8.9% $186 / Sq Ft
03/30/2023 03/30/23 For Sale $349,000 0.0% $170 / Sq Ft
06/30/2013 06/30/13 Rented $850 0.0% --
05/31/2013 05/31/13 Under Contract -- -- --
05/14/2013 05/14/13 For Rent $850 0.0% --
04/26/2013 04/26/13 Sold $174,900 -16.7% $85 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
08/06/2012 08/06/12 For Sale $210,000 -- $103 / Sq Ft
Source: State-Wide MLS

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
2025 $4,184 $363,800 $64,500 $299,300
2024 $4,313 $292,000 $53,700 $238,300
2023 $4,161 $292,000 $53,700 $238,300
2022 $4,062 $292,000 $53,700 $238,300
2021 $4,045 $248,300 $39,000 $209,300
2020 $4,045 $248,300 $39,000 $209,300
2019 $3,941 $248,300 $39,000 $209,300
2018 $3,586 $208,000 $50,000 $158,000
2017 $3,499 $208,000 $50,000 $158,000
2016 $3,403 $208,000 $50,000 $158,000
2015 $3,223 $193,200 $49,900 $143,300
2014 $3,095 $193,200 $49,900 $143,300
Source: Public Records

Agents Affiliated with this Home

  • Ben Willett

    Seller's Agent in 2023

    Ben Willett

    Serhant New England

    (401) 835-8810

    1 in this area

    119 Total Sales

    Ben Willett
    Section Image

  • I

    Buyer's Agent in 2023

    Israel Akinbo

    Tabernacle Realty

    (401) 663-2893

    1 in this area

    23 Total Sales

    Israel Akinbo
    Section Image
  • Shannon Mace

    Seller's Agent in 2013

    Shannon Mace

    Serhant New England

    (401) 257-5516

    1 in this area

    28 Total Sales

    Shannon Mace
    Section Image

  • M

    Seller's Agent in 2013

    Michael Rodriguez

    Realhome Services & Solutions

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1332447

State-Wide MLS

APN: NSMI-000009-000000-000539

Rhode Island Providence County North Smithfield 02895

543 Smithfield Rd, North Smithfield, RI

Not Listed for Sale

MultiFamily

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