NOT LISTED FOR SALE

7 Eli St Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $449,788 - $512,000

4 Beds
2 Baths
2,166 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $240,000 $111 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,011/month

190 Days on Market

Highlights

  • Attic
  • Storage Room
  • Shops
  • Recreation Facilities
  • Public Transportation
  • Property near a hospital

About This Home

As of December 2017

Spacious and well maintained updated 2 family, lots of upgrades, including hardwoods, ceramic tile, updated kitchens and baths. along with newer roof, high efficient Navien system, Burham gas boiler. Plenty of on site parking, shared driveway. Attic could be 3rd floor additional space. Veterans take note assumable VA Mortgage.

Last Agent to Sell the Property

Michael Saccoccio

Coldwell Banker Realty Listed on: 05/04/2017

Coldwell Banker Realty

Last Buyer's Agent

Gia Parmentier

RE/MAX Results License #RES.0034622

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1910

Lot Details

  • 6,403

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,166 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 6,403 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 75
  • Assessor Parcel Number 7EliSTCUMB

Community Details

Overview

  • 4 Units
  • Valley Falls Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,526

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Valley Falls
  • Above Grade Finished Sq Ft: 2166.0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Attic, Internal Expansion, Permanent Attic Stairs, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Aluminum Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Carport
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6403.0
  • Parcel #: 7EliSTCUMB
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2526.0
  • Tax Lot: 75
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Dec 11, 2017
Sold by
Obrien Michael
Bought by
Vargas Caroleena and Fontes Hipolito E
Seller's Agent
Michael Saccoccio
Coldwell Banker Realty
Buyer's Agent
Gia Parmentier
RE/MAX Results
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$487,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,447
Avg. Annual Appreciation
9.45%
Original Mortgage
$235,653
Outstanding Balance
$199,326
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$282,597

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 15, 2015
Sold by
Amaral Ida
Bought by
Obrien Michael
Seller's Agent
trish marrapese
TMarra Realty LLC
Buyer's Agent
Michael Saccoccio
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$209,407
Interest Rate
3.92%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vargas Caroleena $240,000 --
Obrien Michael $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Caroleena $235,653
Closed Vargas Caroleena $8,400
Previous Owner Obrien Michael $209,407
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $240,000 0.0% $111 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $239,900 +17.0% $111 / Sq Ft
01/15/2015 01/15/15 Sold $205,000 -6.4% $95 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $219,000 -- $101 / 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 $4,258 $356,300 $102,100 $254,200
2023 $4,140 $356,300 $102,100 $254,200
2022 $3,037 $202,600 $67,500 $135,100
2021 $6,273 $202,600 $67,500 $135,100
2020 $2,901 $202,600 $67,500 $135,100
2019 $2,768 $174,300 $50,300 $124,000
2018 $692 $174,300 $50,300 $124,000
2017 $2,651 $174,300 $50,300 $124,000
2016 $2,526 $147,900 $56,400 $91,500
2015 $2,526 $147,900 $56,400 $91,500
2014 $4,185 $147,900 $56,400 $91,500
2013 $2,526 $160,100 $59,600 $100,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Saccoccio

    Seller's Agent in 2017

    Michael Saccoccio

    Coldwell Banker Realty

    (401) 465-2661

    129 Total Sales

    Michael Saccoccio
    Section Image
  • Gia Parmentier

    Buyer's Agent in 2017

    Gia Parmentier

    RE/MAX Results

    (401) 837-2331

    1 in this area

    88 Total Sales

    Gia Parmentier
    Section Image

  • t

    Seller's Agent in 2015

    trish marrapese

    TMarra Realty LLC

    (401) 447-3148

    5 in this area

    22 Total Sales

    trish marrapese
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1158609

State-Wide MLS

APN: CUMB-000003-000075-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

7 Eli St, Cumberland, RI

This home is located at 7 Eli St, Cumberland, RI 02864 since 04 May 2017 and is currently estimated at $487,447, approximately $225 per square foot. This property was built in 1910. 7 Eli St is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes