$240,000
SOLD JUN 15, 2018

56 Spring St Woonsocket, RI 02895

North End Neighborhood
7 Beds
3 Baths
4,626 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

21 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Balcony

About This Home

As of October 2019

An immaculate 3 family featuring a 2-3 bedrooms apartment on the first floor with a full bathroom, 3 bedroom with a full bath on the second floor and a 2 bedroom with a full bath on the third floor. This property features off street parking, a 2 car garage and decks/outdoor living space for each tenant. There is a newer roof, replacement windows, newer vinyl siding, upgraded kitchen and bathrooms. Laundry hookups are available for 1st and 2nd floor tenants. Long terms tenants makes this a great investment. Utilities are paid for by tenants. Conveniently located to all highways and shopping opportunities.

Last Agent to Sell the Property

Sara Heathcote

Residential Properties Ltd. Listed on: 04/24/2018

Residential Properties Ltd.

Last Buyer's Agent

Sara Heathcote

Residential Properties Ltd. Listed on: 04/24/2018

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,626 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Utility Room
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Additional Features

  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 262
  • Assessor Parcel Number 56SPRINGSTWOON

Community Details

Overview

  • 4 Units
  • North End Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $7,983

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,006

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 4626.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Gas Water Heater, Oven, Range, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Dining Room Type: Utility Room
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

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, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Space Heater, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 56SPRINGSTWOON
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 7983.0

Tax Info

  • Tax Annual Amount: 4006.0
  • Tax Lot: 262
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Oct 11, 2019
Sold by
Mack Robert J
Bought by
Hamlin Angela Y
Seller's Agent
Michael Plante
Residential Properties Ltd.
Buyer's Agent
CJ Lee
Redfin Corporation
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$458,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,717
Avg. Annual Appreciation
11.16%
Original Mortgage
$260,200
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 18, 2018
Sold by
Silva Anthony J and Silva Linda M
Bought by
Mack Robert J
Seller's Agent
Sara Heathcote
Residential Properties Ltd.
Buyer's Agent
Sara Heathcote
Residential Properties Ltd.
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$235,653
Interest Rate
4.5%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $265,000 --
Warranty Deed $265,000 --
Warranty Deed $240,000 --
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Stand Alone Refi Refinance Of Original Loan
Closed $260,200 FHA
Closed $7,500 Second Mortgage Made To Cover Down Payment
Previous Owner $235,653 FHA
Previous Owner $7,500 Stand Alone Second
Previous Owner $4,697 Unknown
Previous Owner $80,000 Credit Line Revolving
Previous Owner $40,000 No Value Available
Previous Owner $11,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $265,000 -3.6% $94 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $274,900 +14.5% $97 / Sq Ft
06/15/2018 06/15/18 Sold $240,000 0.0% $52 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $239,900 -- $52 / 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 $4,359 $299,800 $86,500 $213,300
2023 $4,191 $299,800 $86,500 $213,300
2022 $4,191 $299,800 $86,500 $213,300
2021 $4,068 $171,300 $56,800 $114,500
2020 $4,111 $171,300 $56,800 $114,500
2018 $4,125 $171,300 $56,800 $114,500
2017 $4,006 $133,100 $50,900 $82,200
2016 $4,238 $133,100 $50,900 $82,200
2015 $4,869 $133,100 $50,900 $82,200
2014 $4,568 $127,100 $56,000 $71,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Plante

    Seller's Agent in 2019

    Michael Plante

    Residential Properties Ltd.

    (401) 487-7600

    1 in this area

    60 Total Sales

    Michael Plante
    Section Image

  • C

    Buyer's Agent in 2019

    CJ Lee

    Redfin Corporation

    Section Image
  • Sara Heathcote

    Seller's Agent in 2018

    Sara Heathcote

    Residential Properties Ltd.

    (401) 330-8420

    183 Total Sales

    Sara Heathcote
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1188652

State-Wide MLS

APN: WOON-000013I-000262-000015

Rhode Island Providence County Woonsocket 02895 North End

56 Spring St, Woonsocket, RI

This home is located at 56 Spring St, Woonsocket, RI 02895 and is currently priced at $240,000, approximately $51 per square foot. This property was built in 1900. 56 Spring St is a home located in Providence County with nearby schools including Woonsocket High School, Rise Prep Mayoral Academy Middle School, and Rise Prep Mayoral Academy.

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