NOT LISTED FOR SALE

Estimated Value: $450,905

6 Beds
4 Baths
3,850 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $315,000 $82 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,750/month

14 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Recreation Facilities
  • Wood Flooring
  • Game Room
  • 4-minute walk to Globe Park

About This Home

As of April 2021

This mixed use building consists of 2 spacious residential units and a commercial space. The first floor apartment is a 3 bedroom, 1.5 bath with some harwood floors and newer appliances. The unit has 3 good size bedrooms with lots of closet space. There is also a large bonus room in the finished basement. The second floor apartment has 3 bedrooms and 1 bath. The master bedroom in this unit is huge! The commercial space has been recently updated with new electric baseboard heat and electric panel. The commercial space has many potential uses including converting to a possible third residential unit. The building has been updated with new gas boilers, water heaters, and all new electric. All units have separate utilities and there is a house meter for common areas or to add coin-op laundry for extra income. The building is located on a large, fenced in corner lot with parking for 6 cars, a shed and enough yard for entertaing. Close to North Smithfield, highways (Rtes 146 & 295), as well as all major shopping, this is a great location. The residential apartments are currently occupied by great tenants and collecting good rents. Due to the apartments being occupied.

Last Agent to Sell the Property

James Jodoin

Circle 100 Real Estate License #RES.0040935 Listed on: 03/09/2021

Last Buyer's Agent

Spectrum Real Estate Consultants T

Keller Williams Leading Edge

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Game Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 582SOUTHMAINSTWOON

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Additional Features

  • 3 Units
  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,643

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Above Grade Finished Sq Ft: 3850.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Other, Vinyl, Carpet
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Game Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Other, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 582SOUTHMAINSTWOON
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 3643.0
  • Tax Lot: 16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 23, 2021
Sold by
Peguero Nancy
Bought by
Parlee Alyssa J and Choiniere Joseph C
Seller's Agent
James Jodoin
Circle 100 Real Estate
Buyer's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
List Price
$289,900
Sold Price
$315,000
Premium/Discount to List
$25,100
8.66%
Current Estimated Value
$450,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,905
Avg. Annual Appreciation
8.02%
Original Mortgage
$309,294
Outstanding Balance
$285,415
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$154,212

Purchase Details

Closed on
Oct 16, 2017
Sold by
Wells Fargo Bank Na
Bought by
Peguero Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2001
Sold by
Lipka Daniel and Lipka Joanne
Bought by
Smyth Alan and Symth Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,252
Interest Rate
7.2%
Mortgage Type
Commercial
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
Parlee Alyssa J $315,000 None Available
Parlee Alyssa J $315,000 None Available
Peguero Nancy $100,000 --
Peguero Nancy $100,000 --
Smyth Alan $145,500 --
Smyth Alan $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parlee Alyssa J $309,294
Closed Parlee Alyssa J $309,294
Previous Owner Peguero Nancy $135,000
Previous Owner Smyth Alan $186,254
Previous Owner Smyth Alan $143,252
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $315,000 +8.7% $82 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $289,900 0.0% $75 / Sq Ft
04/08/2020 04/08/20 Rented $1,300 -6.8% --
03/09/2020 03/09/20 Under Contract -- -- --
02/23/2020 02/23/20 For Rent $1,395 +16.3% --
08/02/2019 08/02/19 For Rent $1,200 0.0% --
08/02/2019 08/02/19 Rented $1,200 -- --
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 $4,282 $306,300 $85,700 $220,600
2023 $4,282 $306,300 $85,700 $220,600
2022 $0 $306,300 $85,700 $220,600
2021 $3,620 $152,400 $46,000 $106,400
2020 $3,658 $152,400 $46,000 $106,400
2018 $0 $163,200 $46,000 $117,200
2017 $0 $159,400 $63,600 $95,800
2016 $5,760 $159,400 $63,600 $95,800
2015 $5,760 $159,400 $63,600 $95,800
2014 $5,760 $158,500 $69,900 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1277062

State-Wide MLS

APN: WOON-000004C-000039-000016