$615,000
SOLD SEP 17, 2024
6 Beds
3 Baths
2,747 Sq Ft
349 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

10% Above List Price

32 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Baseboard Heating
  • Balcony
  • Storage Room

About This Home

As of September 2024

Investment Opportunity! This three-family property is located in the desirable Washington Park area, just a short walk from Johnson & Wales University. It's an excellent choice for renting to students or families. The first floor features two bedrooms and one full bath. The second floor also has two bedrooms and has been fully renovated, boasting brand-new countertops, kitchen cabinets, and new vinyl flooring. The third floor offers a cozy two-bedroom unit with one full bath. This property presents a fantastic investment potential.

Last Agent to Sell the Property

Qinglu Zhu

Coastline Realty LLC License #REC.0018933 Listed on: 07/03/2024

Last Buyer's Agent

Melany Mendez

My Dream Home Realty License #RES.0048172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1920

Home Design

  • Combination Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,747 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Balcony
  • 349 Sq Ft Lot

Community Details

  • 3 Units
  • Washington Park Subdivision

Listing and Financial Details

  • Tax Lot 184
  • Assessor Parcel Number 62CAROLINAAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.008
  • Subdivision Name: Washington Park
  • Above Grade Finished Sq Ft: 2747.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Bathtub
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Block, Combination
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 349.0
  • Parcel #: 62CAROLINAAVPROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6331.0
  • Tax Lot: 184
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 17, 2024
Sold by
Chen Fangyan
Bought by
Lora Mercado G
Seller's Agent
Qinglu Zhu
Coastline Realty LLC
Buyer's Agent
Melany Mendez
My Dream Home Realty
List Price
$559,900
Sold Price
$615,000
Premium/Discount to List
$55,100
9.84%
Views
62
Current Estimated Value
$656,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,496
Avg. Annual Appreciation
-0.06%
Original Mortgage
$603,860
Outstanding Balance
$599,256
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$15,403

Purchase Details

Closed on
May 6, 2022
Sold by
Lu Lanying and Lu Shijin
Bought by
Chen Fangyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2011
Sold by
Couto Tommy and Couto Dalia M
Bought by
Lu Shijin and Lu Lanying

Purchase Details

Closed on
Jun 8, 2001
Sold by
Ferreira Horacio C and Ferreira Ana P
Bought by
Couto Tommy and Couto Dalia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,338
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $615,000 None Available
Warranty Deed $615,000 None Available
Warranty Deed $430,000 None Available
Warranty Deed $430,000 None Available
Warranty Deed $115,000 --
Warranty Deed $115,000 --
Deed $95,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,860 FHA
Closed $603,860 FHA
Previous Owner $322,500 Purchase Money Mortgage
Previous Owner $138,750 Credit Line Revolving
Previous Owner $20,000 No Value Available
Previous Owner $125,000 No Value Available
Previous Owner $97,338 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $615,000 +9.8% $224 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $559,900 -- $204 / 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 $6,331 $345,000 $87,100 $257,900
2023 $6,331 $345,000 $87,100 $257,900
2022 $4,981 $345,000 $87,100 $257,900
2021 $4,981 $202,800 $42,200 $160,600
2020 $4,981 $202,800 $42,200 $160,600
2019 $4,981 $202,800 $42,200 $160,600
2018 $4,768 $149,200 $46,600 $102,600
2017 $4,768 $149,200 $46,600 $102,600
2016 $4,768 $149,200 $46,600 $102,600
2015 $3,846 $116,200 $38,400 $77,800
2014 $3,922 $116,200 $38,400 $77,800
2013 $3,922 $116,200 $38,400 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1362991

State-Wide MLS

APN: PROV-001010-000184-000000