NOT LISTED FOR SALE

63 Hadwin St Central Falls, RI 02863

Estimated Value: $579,570

8 Beds
4 Baths
6,048 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $440,000 $73 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,572/month

106 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Baseboard Heating
  • 2 Car Detached Garage

About This Home

As of November 2021

INVESTORS TAKE NOTICE!! This is a cash cow with value-add opportunity. This mixed use 7 unit property consists of 6 residential apartments, 12-bedroom, 8-bath, 2 car garage and as well as a recently updated bar. Transferable Full Liquor License. Come check this one out to see how it fits into your portfolio!

Last Agent to Sell the Property

Carlos Monteiro

Century 21 Limitless License #RES.0044502 Listed on: 06/26/2021

Century 21 Limitless

Last Buyer's Agent

Kyle Seyboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,751

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,048 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

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

Utilities

  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tax Lot 3-263
  • Assessor Parcel Number 63HADWINSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,751

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Above Grade Finished Sq Ft: 6048.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Partial
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.11
  • Parcel #: 63HADWINSTCFLS
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7751.18
  • Tax Lot: 3-263
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Nov 10, 2021
Sold by
Harkness Deborah A
Bought by
Ypr Properties Llc
Seller's Agent
Carlos Monteiro
Century 21 Limitless
Buyer's Agent
Kyle Seyboth
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%
Current Estimated Value
$579,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,570
Avg. Annual Appreciation
6.75%
Original Mortgage
$330,000
Outstanding Balance
$301,202
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,368

Purchase Details

Closed on
Jun 1, 2011
Sold by
Martel Dennis
Bought by
Harkness Paul and Harkness Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2009
Sold by
Martel Dennis N
Bought by
Central Falls City Of

Purchase Details

Closed on
Jul 29, 2009
Sold by
Martel Dennis N
Bought by
Central Falls City Of

Purchase Details

Closed on
Sep 22, 1994
Sold by
Moreau Florence
Bought by
Gbr Rlty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ypr Properties Llc $440,000 None Available
Ypr Properties Llc $440,000 None Available
Harkness Paul $271,500 --
Martel Dennis M -- --
Harkness Paul $271,500 --
Central Falls City Of $12,940 --
Central Falls City Of $12,940 --
Central Falls City Of $12,940 --
Central Falls City Of $12,940 --
Gbr Rlty Corp $50,000 --
Gbr Rlty Corp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ypr Properties Llc $330,000
Closed Ypr Properties Llc $330,000
Previous Owner Harkness Paul $171,500
Previous Owner Gbr Rlty Corp $0
Previous Owner Gbr Rlty Corp $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $440,000 -6.2% $73 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $469,000 -- $78 / 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 $6,745 $510,600 $104,100 $406,500
2024 $6,964 $365,100 $78,700 $286,400
2023 $6,964 $365,100 $78,700 $286,400
2022 $0 $365,100 $78,700 $286,400
2021 $6,964 $293,100 $27,200 $265,900
2020 $6,944 $293,100 $27,200 $265,900
2019 $7,257 $293,100 $27,200 $265,900
2018 $7,512 $285,500 $26,200 $259,300
2017 $7,490 $284,700 $26,200 $258,500
2016 $7,382 $284,700 $26,200 $258,500
2015 $7,001 $253,400 $24,700 $228,700
2014 $6,908 $253,400 $24,700 $228,700
2013 $6,517 $253,400 $24,700 $228,700
Source: Public Records

Agents Affiliated with this Home

  • Carlos Monteiro

    Seller's Agent in 2021

    Carlos Monteiro

    Century 21 Limitless

    (401) 696-8596

    8 in this area

    56 Total Sales

    Carlos Monteiro
    Section Image

  • K

    Buyer's Agent in 2021

    Kyle Seyboth

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1286749

State-Wide MLS

APN: CENT-000003-000000-000263

Rhode Island Providence County Central Falls 02863

63 Hadwin St, Central Falls, RI

Not Listed for Sale

MultiFamily

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