NOT LISTED FOR SALE

640 Douglas Pike North Smithfield, RI 02896

Estimated Value: $358,000 - $449,000

4 Beds
2 Baths
1,664 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $265,000 $159 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,528/month

164 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Cooling System Mounted In Outer Wall Opening
  • North Smithfield Middle School Rated A-
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of April 2021

Investment property with potential! Two family that is rented and cash flowing. Great location! 1.5 miles to Bryant College, and 3 miles to rt 295 as well as rt 146 highway access. Vinyl sided, has a detached garage and plenty of parking.

Last Agent to Sell the Property

Matthew Goudreau

Acumen Group License #RES.0040334 Listed on: 09/24/2020

Last Buyer's Agent

Jessica Rebello

HomeSmart Professionals License #RES.0035399

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1920

Lot Details

  • 0.54

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Utility Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Cesspool

Additional Features

  • Outbuilding
  • 0.54 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 035
  • Assessor Parcel Number 640DOUGLASPIKENSMF

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Primrose Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,292

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.542
  • Subdivision Name: primrose
  • Above Grade Finished Sq Ft: 1664.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Cesspool
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23609.52
  • Parcel #: 640DOUGLASPIKENSMF
  • Zoning: RA
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3292.0
  • Tax Lot: 035
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Apr 6, 2021
Sold by
Farrar Brian J
Bought by
Bliven Ryan
Seller's Agent
Matthew Goudreau
Acumen Group
Buyer's Agent
Jessica Rebello
HomeSmart Professionals
List Price
$319,000
Sold Price
$265,000
Premium/Discount to List
-$54,000
-16.93%
Current Estimated Value
$397,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,640
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Mar 20, 2006
Sold by
Baker Dennis A
Bought by
Farrar Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1996
Sold by
Gleason John T and Gleason Paula
Bought by
Baker Dennis A
Source: Public Records

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Range of Values:

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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
Bliven Ryan $265,000 None Available
Bliven Ryan $265,000 None Available
Farrar Brian J $235,000 --
Farrar Brian J $235,000 --
Baker Dennis A $107,500 --
Baker Dennis A $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bliven Ryan $54,600
Previous Owner Gleason John T $153,760
Previous Owner Gleason John T $25,545
Previous Owner Gleason John T $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $265,000 -16.9% $159 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
09/24/2020 09/24/20 For Sale $319,000 -- $192 / 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 $3,859 $261,300 $73,600 $187,700
2023 $3,724 $261,300 $73,600 $187,700
2022 $3,635 $261,300 $73,600 $187,700
2021 $3,292 $202,100 $58,600 $143,500
2020 $3,292 $202,100 $58,600 $143,500
2019 $3,207 $202,100 $58,600 $143,500
2018 $2,696 $156,400 $64,200 $92,200
2017 $2,631 $156,400 $64,200 $92,200
2016 $2,559 $156,400 $64,200 $92,200
2015 $2,882 $172,800 $79,500 $93,300
2014 $2,768 $172,800 $79,500 $93,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Goudreau

    Seller's Agent in 2021

    Matthew Goudreau

    Acumen Group

    (401) 413-5235

    1 in this area

    24 Total Sales

    Matthew Goudreau
    Section Image
  • Jessica Rebello

    Buyer's Agent in 2021

    Jessica Rebello

    HomeSmart Professionals

    (401) 327-2611

    1 in this area

    99 Total Sales

    Jessica Rebello
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Map

Source: State-Wide MLS

MLS Number: 1264856

State-Wide MLS

APN: NSMI-000019-000000-000035

Rhode Island Providence County North Smithfield 02896

640 Douglas Pike, North Smithfield, RI

This home is located at 640 Douglas Pike, North Smithfield, RI 02896 since 24 September 2020 and is currently estimated at $397,640, approximately $238 per square foot. This property was built in 1920. 640 Douglas Pike is a home located in Providence County with nearby schools including North Smithfield Elementary School, North Smithfield Middle School, and North Smithfield High School.

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