NOT LISTED FOR SALE

640 Douglas Pike North Smithfield, RI 02896

Estimated Value: $410,000 - $457,000

4 Beds
2 Baths
1,664 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 07, 2021

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

Est. 62% increase in value since last sale

Current estimated payment $2,579/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
$430,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,252
Avg. Annual Appreciation
10.91%

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

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
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
Previous Owner Baker Dennis A $153,760
Previous Owner Baker Dennis A $25,545
Previous Owner Baker Dennis A $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    25 Total Sales

    Matthew Goudreau
    Section Image
  • Jessica Rebello

    Buyer's Agent in 2021

    Jessica Rebello

    HomeSmart Professionals

    (401) 327-2611

    1 in this area

    90 Total Sales

    Jessica Rebello
    Section Image
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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

Not Listed for Sale

MultiFamily

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