NOT LISTED FOR SALE

Estimated Value: $491,000 - $833,651

3 Beds
2 Baths
3,354 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $245,000 $73 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,350/month

3 Days on Market

Highlights

  • Marina
  • Private Lot
  • Wood Flooring
  • 3.5 Acre Lot
  • Wooded Lot
  • 3 Car Detached Garage

About This Home

As of July 2018

A unique opportunity to own a two family home with good income potential or it could be easily converted to a single family home. The property also includes 3 car detached garage. Located on a hill, set far back from the road the large wooded lot is close to 3.5 acres. Enjoy year round wildlife, mature shrubs, perennials and a view of Mt. Hope Bay from the second floor. Approximately one mile from RT.24 it is easily accessible to Boston, Newport, Prov. and convenient to all shopping and bus service routes. The property offers lots of character with original wood floors in most rooms, pocket doors to the living room, open floor plan, and nice size rooms. Enjoy sitting on the front porch and relaxing while watching beautiful sunsets. ESTATE SALE

Last Agent to Sell the Property

David Stewart

Mott & Chace Sotheby's Intl. License #REB.0016800 Listed on: 06/12/2018

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Jacqueline Durfee

Jackie Durfee Real Estate License #REC.0018665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1900

Lot Details

  • 3.5 Acre Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 3,354 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Cesspool

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 726MAINRDTIVR

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Pocasset Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,775

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 3.5
  • Subdivision Name: Pocasset Hill
  • Above Grade Finished Sq Ft: 3354.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Other, Carpet
  • Interior Amenities: Tub Shower
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • Construction Type: Plaster, Wood Siding, Clapboard, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Combination, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Cesspool
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 152460.0
  • Parcel #: 726MAINRDTIVR
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 3775.0
  • Tax Lot: 162
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 16, 2018
Sold by
Holahan Helyn S Est
Bought by
Fazzina Robert F
Seller's Agent
David Stewart
Mott & Chace Sotheby's Intl.
Buyer's Agent
Jacqueline Durfee
Jackie Durfee Real Estate
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Total Days on Market
3
Current Estimated Value
$706,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,663
Avg. Annual Appreciation
16.54%
Original Mortgage
$245,471
Outstanding Balance
$217,081
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$489,582

Purchase Details

Closed on
Sep 29, 2000
Sold by
Holahan Helyn S
Bought by
Reynolds Kevin 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
Fazzina Robert F $250,000 --
Reynolds Kevin A $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazzina Robert F $7,546
Open Fazzina Robert F $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $245,000 -10.9% $73 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $275,000 -- $82 / 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 $4,820 $436,200 $149,300 $286,900
2023 $4,340 $291,300 $125,700 $165,600
2022 $4,262 $291,300 $125,700 $165,600
2021 $4,157 $291,300 $125,700 $165,600
2020 $4,098 $253,100 $95,200 $157,900
2019 $3,996 $253,100 $95,200 $157,900
2018 $3,850 $234,900 $77,000 $157,900
2017 $3,804 $199,700 $77,000 $122,700
2016 $3,822 $199,700 $77,000 $122,700
2015 $3,822 $199,700 $77,000 $122,700
2014 $3,445 $178,500 $77,000 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1194769

State-Wide MLS

APN: TIVE-000118-000000-000162