NOT LISTED FOR SALE

797 Mineral Spring Ave Pawtucket, RI 02860

Fairlawn Neighborhood

Estimated Value: $506,000 - $590,000

5 Beds
2.5 Baths
3,816 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $326,500 $86 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,390/month

20 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Bathtub with Shower
  • Wood Flooring
  • Porch
  • Public Transportation

About This Home

As of May 2020

This like new 2 family has nothing left to do but move in and collect rent!!This property has been fully renovated with new roof,vinyl siding,replacement windows,2 gas heating systems and hot water tanks,updated electric,updated kitchens with granite counters,tiled back splashes and stainless appliances,hardwoods,tile and carpet,plenty of off street parking and large fenced yard.1st floor unit has front porch, living room,dining area,2 bedrooms,kitchen and bath with tile tub surround.2nd floor unit is a Townhouse style with deck,living room,dining area,kitchen,3 bedrooms,master bedroom with 1/2 bath,kitchen,and bath with tiled tub surround.

Last Agent to Sell the Property

Jeffrey Mateus

Mateus Realty License #REB.0018097 Listed on: 03/11/2020

Last Buyer's Agent

Michael Harrison

Williams & Stuart Real Estate License #RES.0044166

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 3,816 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 843
  • Assessor Parcel Number 797MINERALSPRINGAVPAWT

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 3816.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 797MINERALSPRINGAVPAWT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3455.0
  • Tax Lot: 843
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 30, 2020
Sold by
Homes R Us Llc
Bought by
Carvalho Edite
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Michael Harrison
Williams & Stuart Real Estate
List Price
$299,900
Sold Price
$326,500
Premium/Discount to List
$26,600
8.87%
Current Estimated Value
$561,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,351
Avg. Annual Appreciation
10.26%
Original Mortgage
$320,585
Outstanding Balance
$285,062
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$276,789

Purchase Details

Closed on
Nov 7, 2019
Sold by
Figueroa Properties Llc
Bought by
Homes R Us Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Paquette Carolyn and Wilmington Svgs Fund Soc
Bought by
Homes R Us Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 22, 1996
Sold by
Stsauveur John A
Bought by
Paquette Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,906
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carvalho Edite $326,500 None Available
Homes R Us Llc $180,000 --
Homes R Us Llc $83,000 --
Paquette Carolyn $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carvalho Edite $320,585
Previous Owner Homes R Us Llc $165,000
Previous Owner Homes R Us Llc $163,000
Previous Owner Paquette Carolyn $88,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $326,500 +8.9% $86 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $299,900 -- $79 / 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
2025 $5,075 $385,900 $113,800 $272,100
2024 $4,762 $385,900 $113,800 $272,100
2023 $5,604 $330,800 $86,300 $244,500
2022 $5,485 $330,800 $86,300 $244,500
2021 $5,485 $330,800 $86,300 $244,500
2020 $3,455 $165,400 $67,400 $98,000
2019 $3,455 $165,400 $67,400 $98,000
2018 $3,330 $165,400 $67,400 $98,000
2017 $3,288 $144,700 $58,500 $86,200
2016 $3,167 $144,700 $58,500 $86,200
2015 $3,167 $144,700 $58,500 $86,200
2014 $3,224 $139,800 $58,500 $81,300
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Mateus

    Seller's Agent in 2020

    Jeffrey Mateus

    Mateus Realty

    (401) 447-9459

    3 in this area

    428 Total Sales

    Jeffrey Mateus
    Section Image
  • Michael Harrison

    Buyer's Agent in 2020

    Michael Harrison

    Williams & Stuart Real Estate

    (401) 996-7153

    74 Total Sales

    Michael Harrison
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1249551

State-Wide MLS

APN: PAWT-000050-000000-000843

Rhode Island Providence County Pawtucket 02860 Fairlawn

797 Mineral Spring Ave, Pawtucket, RI

Not Listed for Sale

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