NOT LISTED FOR SALE

703 Mineral Spring Ave Pawtucket, RI 02860

Fairlawn Neighborhood

Estimated Value: $530,000 - $572,000

6 Beds
3 Baths
2,546 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $237,500 $93 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,330/month

48 Days on Market

Highlights

  • Baseboard Heating
  • Carpet
  • 5-minute walk to Fairlawn Dog Park

About This Home

As of January 2018

Beautiful 3 Family home located in the Fairlawn section of Pawtucket. Perfect for any investor or first time home owner. Live in one unit and let the rents pay your mortgage! Each unit has its own electric and hot water tank. 6 car parking in the back. Only minutes from highway to make for an easy commute. All 3 units are currently rented below market on a month to month lease. This home won't last come take a look!

Last Agent to Sell the Property

Jocelyn Vieira

HomeSmart Professionals License #RES.0042311 Listed on: 11/13/2017

Last Buyer's Agent

Danielle Alba

Innovations Realty License #RES.0035020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1935

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • 2,546 Sq Ft Home
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units
  • Fairlawn Subdivision

Listing and Financial Details

  • Tax Lot 0162
  • Assessor Parcel Number 703705MINERALSPRINGAVPAWT

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,599

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Fairlawn
  • Above Grade Finished Sq Ft: 2546.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1935
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 703705MINERALSPRINGAVPAWT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3599.0
  • Tax Lot: 0162
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Jan 31, 2018
Sold by
Jocelyn Vieira
Bought by
Byad Adil and El Moumni Ilham
Seller's Agent
Jocelyn Vieira
HomeSmart Professionals
Buyer's Agent
Danielle Alba
Innovations Realty
List Price
$239,900
Sold Price
$237,500
Premium/Discount to List
-$2,400
-1%
Current Estimated Value
$546,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,833
Avg. Annual Appreciation
12.40%
Original Mortgage
$225,600
Interest Rate
4.15%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Vieira Jocelyn
Bought by
Vieira Jocelyn and Lopes Victor M

Purchase Details

Closed on
Aug 26, 2011
Sold by
Santos Jose E
Bought by
Vieira Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Byad Adil $237,500 --
Vieira Jocelyn -- --
Vieira Jocelyn $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byad Adil $219,170
Closed Santos Jose E $225,600
Closed Santos Jose E --
Previous Owner Santos Jose E $69,200
Previous Owner Santos Jose E $182,054
Previous Owner Santos Jose E $202,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $237,500 -1.0% $93 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $239,900 -- $94 / 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 $5,166 $418,600 $110,400 $308,200
2023 $4,772 $281,700 $83,700 $198,000
2022 $4,671 $281,700 $83,700 $198,000
2021 $4,671 $281,700 $83,700 $198,000
2020 $3,821 $182,900 $65,400 $117,500
2019 $3,821 $182,900 $65,400 $117,500
2018 $3,682 $182,900 $65,400 $117,500
2017 $3,599 $158,400 $55,400 $103,000
2016 $3,467 $158,400 $55,400 $103,000
2015 $3,467 $158,400 $55,400 $103,000
2014 $2,892 $125,400 $55,400 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1177822

State-Wide MLS

APN: PAWT-000048-000000-000162