NOT LISTED FOR SALE

56 Lincoln Ave Central Falls, RI 02863

Estimated Value: $449,579 - $555,000

7 Beds
3 Baths
2,908 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $299,900 $103 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,168/month

159 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Public Transportation
  • Attic
  • Bathtub with Shower
  • Shops

About This Home

As of February 2021

Great 3 family in Central Falls. Off street parking for you and tenants. First and second have double parlors. Why rent when you can own and have someone else pay your mortgage.

Last Agent to Sell the Property

Monalisa Aguiar

Reliable Realty Group LLC License #REC.0016916 Listed on: 08/05/2020

Last Buyer's Agent

Vladmir Pires

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1900

Lot Details

  • 4,857

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,908 Sq Ft Home
  • 3-Story Property
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Porch
  • 4,857 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 56LINCOLNAVCFLS

Community Details

Amenities

  • Shops
  • Public Transportation

Additional Features

  • 3 Units
  • Operating Expense $8,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1115
  • Above Grade Finished Sq Ft: 2908.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

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: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4857.0
  • Parcel #: 56LINCOLNAVCFLS
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8900.0

Tax Info

  • Tax Annual Amount: 4254.0
  • Tax Lot: 68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Feb 11, 2021
Sold by
Mayer Ft and Mayer
Bought by
Semedo Ariana
Seller's Agent
Monalisa Aguiar
Reliable Realty Group LLC
Buyer's Agent
Vladmir Pires
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$505,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,495
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Oneil Yvette A
Bought by
Mayer Mark D and Mayer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Semedo Ariana $299,900 None Available
Semedo Ariana $299,900 None Available
Mayer Mark D $77,000 --
Mayer Mark D $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayer Mark D $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $299,900 0.0% $103 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
08/05/2020 08/05/20 For Sale $299,900 -- $103 / 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 $5,701 $303,100 $78,900 $224,200
2023 $5,623 $303,100 $78,900 $224,200
2022 $5,292 $303,100 $78,900 $224,200
2021 $4,082 $171,800 $27,300 $144,500
2020 $4,070 $171,800 $27,300 $144,500
2019 $4,254 $171,800 $27,300 $144,500
2018 $3,573 $135,800 $26,300 $109,500
2017 $3,573 $135,800 $26,300 $109,500
2016 $3,521 $135,800 $26,300 $109,500
2015 $3,070 $111,100 $24,800 $86,300
2014 $3,029 $111,100 $24,800 $86,300
2013 $2,857 $111,100 $24,800 $86,300
Source: Public Records

Agents Affiliated with this Home

  • Monalisa Aguiar

    Seller's Agent in 2021

    Monalisa Aguiar

    Reliable Realty Group LLC

    (401) 413-8581

    6 in this area

    87 Total Sales

    Monalisa Aguiar
    Section Image

  • V

    Buyer's Agent in 2021

    Vladmir Pires

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1260936

State-Wide MLS

APN: CENT-000004-000000-000068

Rhode Island Providence County Central Falls 02863

56 Lincoln Ave, Central Falls, RI

This home is located at 56 Lincoln Ave, Central Falls, RI 02863 since 05 August 2020 and is currently estimated at $505,395, approximately $173 per square foot. This property was built in 1900. 56 Lincoln Ave is a home located in Providence County with nearby schools including Central Falls Senior High School, Blackstone Valley Prep Elementary School 2, and Blackstone Valley Prep Elementary School 1.

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