$505,000
SOLD MAR 31, 2023

69 Cross St Central Falls, RI 02863

7 Beds
3 Baths
3,004 Sq Ft
3,528 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

3% Above List Price

12 Days on Market

About This Home

As of February 2024

Unbelievable income opportunity, this multi-family property is one of the best decisions you could make if you are looking for an investment. All three units have been fully remodeled within the last year, great tenants who are all current on their month-to-month rents. No cosmetic, plumbing, heating upgrades needed. First and second floor each have two beds, one bath and brand-new washer and dryer in the unit, the third floor has three beds and one bath, all units have brand new appliances. Have someone else pay your mortgage or use this as extra income, you won't believe how beautiful this house is inside an out. With the maintenance free vinyl siding, brand new roof and a small yard, the property upkeep will be a breeze.

Last Agent to Sell the Property

John Koop Jr

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0042934 Listed on: 02/18/2023

HomeSmart Professionals

Last Buyer's Agent

William Figueroa

Realty Quest Group Inc License #RES.0047621

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 1900

Lot Details

  • 3,528 Sq Ft Lot

Parking

  • No Garage

Home Design

  • 3,004 Sq Ft Home
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 69CROSSSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,240

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.081
  • Above Grade Finished Sq Ft: 3004.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Attribution Contact: 401-921-5011
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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: 3528.0
  • Parcel #: 69CROSSSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5240.0
  • Tax Lot: 282
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Feb 12, 2024
Sold by
Callejas Jose A
Bought by
Julian Darlene M
Seller's Agent
William Figueroa
Realty Quest Group Inc
Buyer's Agent
William Figueroa
Realty Quest Group Inc
List Price
$549,900
Sold Price
$539,200
Premium/Discount to List
-$10,700
-1.95%
Total Days on Market
12
Views
33
Current Estimated Value
$607,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,133
Avg. Annual Appreciation
9.59%
Original Mortgage
$5,210,010
Outstanding Balance
$5,143,232
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
-$4,535,899

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 31, 2023
Sold by
Richards Raymond A
Bought by
Callejas Jose A
Seller's Agent
John Koop Jr
HomeSmart Professionals
Buyer's Agent
William Figueroa
Realty Quest Group Inc
List Price
$489,900
Sold Price
$505,000
Premium/Discount to List
$15,100
3.08%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 23, 2020
Sold by
Monteiro Antonio and Correia Dulce P
Bought by
Richards Raymond A
Seller's Agent
Robin Gold-Riccitelli
Coldwell Banker Realty
Buyer's Agent
John Koop Jr
HomeSmart Professionals
List Price
$319,900
Sold Price
$280,000
Premium/Discount to List
-$39,900
-12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%
Original Mortgage
$210,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2017
Sold by
Imperial Realty Rigp and Central Falls Town Of
Bought by
Monteiro Antonio and Correia Dolce P

Purchase Details

Closed on
Mar 12, 2012
Sold by
Kickery Amanda
Bought by
Odonnell John J

Purchase Details

Closed on
Mar 9, 2012
Sold by
Central Falls City Of
Bought by
Kickery Amanda

Purchase Details

Closed on
Oct 14, 2011
Sold by
Kickery Amanda
Bought by
Thompson Edward

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bank Of New York
Bought by
Kickery Amanda

Purchase Details

Closed on
Jan 26, 2010
Sold by
Samuels Marcia
Bought by
Bank Of New York

Purchase Details

Closed on
Dec 11, 2009
Sold by
Samuels Marcia
Bought by
Loose Ends

Purchase Details

Closed on
Oct 5, 2009
Sold by
Samuels Marcia and Pawtucket Water Supply
Bought by
Ends Loose

Purchase Details

Closed on
Jan 14, 2005
Sold by
Aguilar Adan
Bought by
Samuels Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2004
Sold by
Demers William A
Bought by
Aguilar Adan

Purchase Details

Closed on
Jan 10, 1989
Sold by
Conrardy Doris
Bought by
Demers William A
Source: Public Records

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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 $539,200 None Available
Warranty Deed $539,200 None Available
Warranty Deed $505,000 None Available
Warranty Deed $505,000 None Available
Warranty Deed $280,000 None Available
Warranty Deed $280,000 None Available
Deed -- --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $6,502 --
Deed $6,502 --
Deed $5,780 --
Deed $5,780 --
Deed $23,000 --
Deed $23,000 --
Foreclosure Deed $39,000 --
Foreclosure Deed $39,000 --
Deed $1,887 --
Deed $1,887 --
Deed $1,524 --
Deed $1,524 --
Deed $270,000 --
Deed $270,000 --
Deed $221,000 --
Deed $221,000 --
Warranty Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,210,010 FHA
Closed $5,210,010 FHA
Previous Owner $210,000 New Conventional
Previous Owner $243,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $539,200 -1.9% $153 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $549,900 +8.9% $156 / Sq Ft
03/31/2023 03/31/23 Sold $505,000 +3.1% $168 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $489,900 +75.0% $163 / Sq Ft
03/24/2020 03/24/20 Sold $280,000 -12.5% $85 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $319,900 -- $97 / 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 $5,645 $300,100 $90,200 $209,900
2023 $5,567 $300,100 $90,200 $209,900
2022 $5,240 $300,100 $90,200 $209,900
2021 $4,310 $181,400 $26,800 $154,600
2020 $4,297 $181,400 $26,800 $154,600
2019 $4,491 $181,400 $26,800 $154,600
2018 $3,499 $133,000 $20,400 $112,600
2017 $3,499 $133,000 $20,400 $112,600
2016 $3,449 $133,000 $20,400 $112,600
2015 $956 $34,600 $18,500 $16,100
2014 $943 $34,600 $18,500 $16,100
2013 $890 $34,600 $18,500 $16,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1330013

State-Wide MLS

APN: CENT-000001-000000-000282