NOT LISTED FOR SALE

55 Magnolia St Rumford, RI 02916

Phillipsdale Neighborhood

Estimated Value: $359,000 - $414,000

3 Beds
1.5 Baths
1,127 Sq Ft
$344/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $242,000 $215 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,429/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Bathtub with Shower
  • Deck
  • 1 Car Detached Garage
  • Public Transportation

About This Home

As of December 2019

RECENTLY REDUCED!!!! WON'T LAST.......CALL TODAY!!! "WELCOME HOME!!" COMPLETELY RENOVATED! 3 BED, 1.5 BATH COLONIAL IN RUMFORD! GREAT FIRST TIME HOME BUYER OPPORTUNITY FEATURING HARDWOOD FLOORS THROUGHOUT FIRST FLOOR, TILE BATH, MODERN KITCHEN, GRANITE COUNTERS AND ISLAND, BEAUTIFUL MATCHING APPLIANCES. WASHER/DRYER LOCATED ON FIRST FLOOR. HUGE BACK YARD WITH TWO DECKS, FENCED YARD WITH A ONE CAR GARAGE. CLOSE TO ALL YOUR NEEDS! EASY HIGHWAY ACCESS. BRING OFFERS!! OFFERS ENCOURAGED!!!

Last Agent to Sell the Property

Melissa Baker

eXp Realty Listed on: 10/04/2019

eXp Realty

Co-Listed By

Manny Camelo

Century 21 Limitless PRG License #RES.0041805

Last Buyer's Agent

Matthew Pita

RE/MAX ADVANTAGE GROUP License #RES.0042385

RE/MAX ADVANTAGE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1890

Lot Details

  • 5,163

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,127 Sq Ft Home
  • 2-Story Property
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • Deck
  • 5,163 Sq Ft Lot
  • Property near a hospital

Community Details

  • Rumford Subdivision
  • Public Transportation

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 55MAGNOLIASTEPRO

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,505

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1185
  • Co List Office Mls Id: SMRT
  • Co List Office Phone: 401-921-5011
  • Subdivision Name: RUMFORD
  • Above Grade Finished Sq Ft: 1127.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1127.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5163.0
  • Parcel #: 55MAGNOLIASTEPRO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4505.0
  • Tax Lot: 11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 6, 2019
Sold by
Edward Electric Llc
Bought by
Alexander Karen
Seller's Agent
Melissa Baker
eXp Realty
Buyer's Agent
Matthew Pita
RE/MAX ADVANTAGE GROUP
List Price
$269,900
Sold Price
$242,000
Premium/Discount to List
-$27,900
-10.34%
Current Estimated Value
$387,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,684
Avg. Annual Appreciation
8.65%
Original Mortgage
$142,000
Outstanding Balance
$126,087
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$265,048

Purchase Details

Closed on
Jun 25, 2019
Sold by
Greenwich Capital Partnrs
Bought by
Edward Electric Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 5, 2019
Sold by
Bergin Marco P and Carrington Mortgage Svc
Bought by
Greenwich Capital Partnrs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Rosamond Partners Llc
Bought by
Bergin Marco and Bergin Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,322
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2007
Sold by
Pinto Albino
Bought by
Crescent Mortgage Svcs

Purchase Details

Closed on
Jul 15, 2003
Sold by
Emery John
Bought by
Pinto Albino

Purchase Details

Closed on
Dec 28, 1995
Sold by
Dovale Jose P
Bought by
Emery John E
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
Alexander Karen $242,000 --
Alexander Karen $242,000 --
Edward Electric Llc $167,000 --
Edward Electric Llc $167,000 --
Greenwich Capital Partnrs $140,000 --
Greenwich Capital Partnrs $140,000 --
Bergin Marco $238,000 --
Crescent Mortgage Svcs $168,000 --
Pinto Albino $165,000 --
Emery John E $90,000 --
Bergin Marco $238,000 --
Crescent Mortgage Svcs $168,000 --
Pinto Albino $165,000 --
Emery John E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Karen $142,000
Closed Alexander Karen $142,000
Previous Owner Edward Electric Llc $10,000
Previous Owner Edward Electric Llc $27,000
Previous Owner Edward Electric Llc $144,000
Previous Owner Greenwich Capital Partnrs $145,000
Previous Owner Emery John E $67,045
Previous Owner Emery John E $234,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $242,000 -10.3% $215 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $269,900 -- $239 / 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 $4,357 $284,200 $95,700 $188,500
2023 $4,195 $284,200 $95,700 $188,500
2022 $4,344 $198,700 $71,400 $127,300
2021 $4,272 $198,700 $69,000 $129,700
2020 $4,054 $196,900 $69,000 $127,900
2019 $3,942 $196,900 $69,000 $127,900
2018 $3,537 $154,600 $55,200 $99,400
2017 $3,458 $154,600 $55,200 $99,400
2016 $3,441 $154,600 $55,200 $99,400
2015 $3,449 $150,300 $53,500 $96,800
2014 $3,449 $150,300 $53,500 $96,800
Source: Public Records

Agents Affiliated with this Home

  • Melissa Baker

    Seller's Agent in 2019

    Melissa Baker

    eXp Realty

    (401) 588-2400

    1 in this area

    165 Total Sales

    Melissa Baker
    Section Image
  • Manny Camelo

    Seller Co-Listing Agent in 2019

    Manny Camelo

    Century 21 Limitless PRG

    (401) 447-3989

    32 Total Sales

    Manny Camelo
    Section Image
  • Matthew Pita

    Buyer's Agent in 2019

    Matthew Pita

    RE/MAX ADVANTAGE GROUP

    (401) 226-3478

    11 in this area

    46 Total Sales

    Matthew Pita
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1238162

State-Wide MLS

APN: EPRO-000404-000001-000011

Rhode Island Providence County Rumford 02916 Phillipsdale

55 Magnolia St, Rumford, RI

This home is located at 55 Magnolia St, Rumford, RI 02916 since 04 October 2019 and is currently estimated at $387,684, approximately $343 per square foot. This property was built in 1890. 55 Magnolia St is a home located in Providence County with nearby schools including East Providence High School, St Margaret School, and Ocean State Montessori School.

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