NOT LISTED FOR SALE

79 Cross St Central Falls, RI 02863

Estimated Value: $571,000 - $627,000

8 Beds
3 Baths
4,464 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $450,000 $101 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,511/month

7 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Bathtub with Shower
  • Corner Lot
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of May 2022

Perfect investment opportunity! Come check out this well maintained multifamily. Unit 1 has 3 great sized bedrooms, spacious kitchen with a formal dinning room with hardwood floors. Unit two is very similar, with 3 great sized bedrooms. All tenants are responsible for their own utilities, first and second floor feature gas heat. Third floor is a cozy 2 bedroom, 1 bath, featuring gas on gas heat. On-site Laundry located in the spacious basement, providing plenty of storage. Enjoy a beautiful day out back in your fenced in yard, with plenty of room for some back yard fun. This property is conveniently located next to all amenities. This won't last!!!

Last Agent to Sell the Property

Ron Mercurio

RE/MAX Preferred Listed on: 03/22/2022

RE/MAX Preferred

Last Buyer's Agent

Renato De Lima

Innovations Realty License #RES.0041249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1915

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,464 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 79CROSSSTCFLS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,255

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 4464.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1915
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Steam
  • 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: 5663.0
  • Parcel #: 79CROSSSTCFLS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4255.0
  • Tax Lot: 269
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Surti Ghulam M and Surti Ruksana M
Bought by
Four Warriors Llc
Current Estimated Value
$555,848

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 23, 2022
Sold by
Soy Sotheavuth
Bought by
Surti Ghulam M and Surti Ruksana M
Seller's Agent
Ron Mercurio
RE/MAX Preferred
Buyer's Agent
Renato De Lima
Innovations Realty
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$337,500
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2021
Sold by
Charbatji Raymond and Charbatji Donna
Bought by
Soy Sotheavuth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2006
Sold by
Teofilo Anselmo and Monteiro Dolores
Bought by
Charbatji Raymond and Charbatji Donna
Source: Public Records

Range of Values:

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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
Four Warriors Llc -- None Available
Four Warriors Llc -- None Available
Surti Ghulam M $450,000 None Available
Surti Ghulam M $450,000 None Available
Surti Ghulam M $450,000 None Available
Soy Sotheavuth $380,000 None Available
Soy Sotheavuth $380,000 None Available
Soy Sotheavuth $380,000 None Available
Charbatji Raymond $272,500 --
Charbatji Raymond $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Surti Ghulam M $337,500
Previous Owner Soy Sotheavuth $288,000
Previous Owner Soy Sotheavuth $281,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $450,000 +4.7% $101 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $429,900 +13.1% $96 / Sq Ft
02/10/2021 02/10/21 Sold $380,000 -2.3% $130 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $389,000 -- $133 / 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 $5,602 $297,800 $98,700 $199,100
2023 $5,524 $297,800 $98,700 $199,100
2022 $5,247 $300,500 $98,700 $201,800
2021 $4,255 $179,100 $29,900 $149,200
2020 $4,243 $179,100 $29,900 $149,200
2019 $4,435 $179,100 $29,900 $149,200
2018 $3,526 $134,000 $22,800 $111,200
2017 $3,526 $134,000 $22,800 $111,200
2016 $3,475 $134,000 $22,800 $111,200
2015 $3,003 $108,700 $20,700 $88,000
2014 $2,963 $108,700 $20,700 $88,000
2013 $2,796 $108,700 $20,700 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1305597

State-Wide MLS

APN: CENT-000001-000000-000269