NOT LISTED FOR SALE

61 Spring St Manville, RI 02838

12 Beds
4 Baths
6,792 Sq Ft
8,102 Sq Ft Lot

Sale Details

Date Sold: April 5, 2024

Last sale price $615,000 $91 Per Sq Ft

4 Days on Market

Highlights

  • Recreation Facilities
  • Bathtub with Shower
  • Storage Room
  • Lincoln Senior High School Rated A-
  • Laundry Room
  • Public Transportation

About This Home

As of April 2024

Welcome to 61 Spring St, Manville, a unique investment gem! With four well-appointed units, this property offers versatility and steady rental income. The solar panels not only contribute to a greener footprint but also promise reduced future operating costs. Located in a sought-after area, this is an opportunity for savvy investors seeking a blend of modern amenities, sustainability, and financial prudence. 12 total bedrooms throughout the building provides great opportunities for investors to secure profitable market rents. Plenty of storage in the basement as well as coin-op laundry for extra income. Act now to secure your stake in this promising real estate venture! SUBJECT TO BUYERS SUCCESSFULLY TRANSFERRING CURRENT SOLAR PANEL CONTRACT! HIGHEST AND BEST DUE SUNDAY 2/4 10:00 AM

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 01/31/2024

Engel & Volkers Oceanside

Last Buyer's Agent

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 01/31/2024

Engel & Volkers Oceanside
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,658

Year Built

  • Built in 1900

Lot Details

  • 8,102 Sq Ft Lot

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 6,792 Sq Ft Home
  • 1-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 61SPRINGSTLINC

Community Details

Overview

  • 4 Units
  • Manville Subdivision

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,658

Year Built

Built in 1900

Lot Details

8,102 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.186
  • Subdivision Name: Manville
  • Above Grade Finished Sq Ft: 6792.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8102.0
  • Parcel #: 61SPRINGSTLINC
  • Zoning: RG7
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7658.0
  • Tax Lot: 125
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
The DiSpirito Team
Engel & Volkers Oceanside
List Price
$620,000
Sold Price
$615,000
Premium/Discount to List
-$5,000
-0.81%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,860
Outstanding Balance
$585,308
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 18, 2021
Sold by
Bought by
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Andrew Hogan
JPAR Prime Real Estate
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$417,656
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1992
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 1990
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1989
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 None Available
$550,000 None Available
-- --
$30,000 --
$90,000 --
$149,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $603,860
Previous Owner $417,656
Previous Owner $2,500,000
Closed $50,000
Previous Owner $65,000
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $615,000 -0.8% $91 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $620,000 +12.7% $91 / Sq Ft
10/18/2021 10/18/21 Sold $550,000 +5.8% $81 / Sq Ft View Prior Sale
09/18/2021 09/18/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $520,000 -- $77 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,813 $577,900 $100,200 $477,700
2024 $8,057 $464,400 $79,000 $385,400
2023 $7,658 $464,400 $79,000 $385,400
2022 $7,639 $464,400 $79,000 $385,400
2021 $4,559 $224,700 $33,400 $191,300
2020 $4,525 $224,700 $33,400 $191,300
2018 $3,674 $164,400 $59,000 $105,400
2017 $3,600 $164,400 $59,000 $105,400
2016 $3,551 $164,400 $59,000 $105,400
2015 $3,480 $147,900 $56,400 $91,500
2014 $3,486 $147,900 $56,400 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351845

State-Wide MLS

APN: LINC M:37 L:125.0 U:

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