NOT LISTED FOR SALE

Estimated Value: $504,783 - $627,000

7 Beds
3 Baths
4,000 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $310,000 $78 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,401/month

15 Days on Market

Highlights

  • Above Ground Pool
  • Attic
  • Thermal Windows
  • Wood Flooring
  • Recreation Facilities
  • Window Unit Cooling System

About This Home

As of September 2020

Beautiful, turn-key & meticulously kept 3-family home!(Perfect Owner Occupied Home - Will Pass FHA, RI Housing and VA Guidelines)!!  Vinyl siding, replacement windows, (tenant paid!) separate gas and electrical utilities, stunning outdoor living space which includes a fully fenced-in yard, oversized pool, and deck in addition to an automatic retractable awning over you gigantic patio!! You will love the partially finished walkout basement!! There is a kitchenette area, 2 potential rooms, a full bathroom, access to the laundry for tenants, utilities, storage, and more! Each unit has been renovated recently and has the potential for strong rent. This property is a rare opportunity and you will want to see it before someone else makes it theirs!

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 07/20/2020

Engel & Volkers Oceanside

Last Buyer's Agent

Scott McGee

RE/MAX Properties

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,151

Year Built

  • Built in 1920

Lot Details

  • 5,001 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Above Ground Pool
  • Patio

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 620FAIRMOUNTSTWOON

Community Details

Overview

  • 3 Units
  • Fairmount / North Smithfield Line Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,151

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Fairmount / North Smithfield Line
  • Above Grade Finished Sq Ft: 4000.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Construction Type: Drywall, Aluminum Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5001.0
  • Parcel #: 620FAIRMOUNTSTWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 4151.0
  • Tax Lot: 23
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 4, 2020
Sold by
Brannan James D and Brannan Sandra M
Bought by
Nguyen Darrin
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Scott McGee
RE/MAX Properties
List Price
$290,000
Sold Price
$310,000
Premium/Discount to List
$20,000
6.9%
Current Estimated Value
$552,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,946
Avg. Annual Appreciation
11.51%
Original Mortgage
$294,500
Outstanding Balance
$260,654
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,292

Purchase Details

Closed on
May 18, 1993
Sold by
Magnole George W and Magnole Rachel
Bought by
Brannan James D and Brannan Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,842
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Nguyen Darrin $310,000 None Available
Nguyen Darrin $310,000 None Available
Nguyen Darrin $310,000 None Available
Brannan James D $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Darrin $294,500
Closed Nguyen Darrin $294,500
Previous Owner Brannan James D $127,842
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $310,000 +6.9% $78 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $290,000 -- $73 / 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
2025 $6,138 $546,600 $87,900 $458,700
2024 $5,006 $344,300 $89,500 $254,800
2023 $4,813 $344,300 $89,500 $254,800
2022 $4,813 $344,300 $89,500 $254,800
2021 $4,095 $172,400 $35,600 $136,800
2020 $4,138 $172,400 $35,600 $136,800
2018 $4,151 $172,400 $35,600 $136,800
2017 $4,485 $149,000 $40,000 $109,000
2016 $4,744 $149,000 $40,000 $109,000
2015 $5,450 $149,000 $40,000 $109,000
2014 $5,222 $145,300 $44,000 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1258988

State-Wide MLS

APN: WOON-000002B-000023-000072