NOT LISTED FOR SALE

8 Colwell Dr Cumberland, RI 02864

Cumberland Hill Neighborhood

Estimated Value: $555,479 - $666,000

4 Beds
6 Baths
4,150 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $375,000 $90 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,687/month

11 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Shops
  • John J. McLaughlin Cumberland Hill School Rated A-
  • Storage Room
  • Heating System Uses Steam

About This Home

As of November 2020

Excellent investment opportunity! Large duplex in wonderful Cumberland Hill neighborhood. New roof, brick and vinyl exterior. Each unit has 2 beds, 2.5 baths and 1,300 sq ft with a walkout basement to spacious yard on corner lot. Plenty of parking.

Last Agent to Sell the Property

Nancy Casimiro

Coldwell Banker Realty License #RES.0028482 Listed on: 10/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Sara Heathcote

Residential Properties Ltd.

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry in unit
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 558
  • Assessor Parcel Number 812COLWELLDRCUMB

Community Details

Overview

  • 2 Units
  • Cumberland Hill Subdivision

Additional Features

  • Shops
  • Operating Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Subdivision Name: Cumberland Hill
  • Above Grade Finished Sq Ft: 4150.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13939.0
  • Parcel #: 812COLWELLDRCUMB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3200.0

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 558
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 23, 2020
Sold by
Gadoury Realty Co Inc
Bought by
Federico Rt
Seller's Agent
Nancy Casimiro
Coldwell Banker Realty
Buyer's Agent
Sara Heathcote
Residential Properties Ltd.
List Price
$409,000
Sold Price
$375,000
Premium/Discount to List
-$34,000
-8.31%
Current Estimated Value
$603,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,620
Avg. Annual Appreciation
10.14%
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
Federico Rt $375,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $375,000 -8.3% $90 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $409,000 -- $99 / 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 $4,778 $399,800 $145,400 $254,400
2023 $4,646 $399,800 $145,400 $254,400
2022 $4,606 $307,300 $103,800 $203,500
2021 $4,530 $307,300 $103,800 $203,500
2020 $4,401 $307,300 $103,800 $203,500
2019 $4,169 $262,500 $87,400 $175,100
2018 $521 $262,500 $87,400 $175,100
2017 $3,956 $260,100 $87,400 $172,700
2016 $3,836 $224,600 $87,400 $137,200
2015 $3,836 $224,600 $87,400 $137,200
2014 $3,836 $224,600 $87,400 $137,200
2013 $3,658 $231,800 $86,100 $145,700
Source: Public Records

Agents Affiliated with this Home

  • Nancy Casimiro

    Seller's Agent in 2020

    Nancy Casimiro

    Coldwell Banker Realty

    (401) 465-2073

    11 in this area

    177 Total Sales

    Section Image
  • Sara Heathcote

    Buyer's Agent in 2020

    Sara Heathcote

    Residential Properties Ltd.

    (401) 330-8420

    9 in this area

    176 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1267262

State-Wide MLS

APN: CUMB-000054-000558-000000

Rhode Island Providence County Cumberland 02864 Cumberland Hill

8 Colwell Dr, Cumberland, RI

This home is located at 8 Colwell Dr, Cumberland, RI 02864 since 12 October 2020 and is currently estimated at $603,620, approximately $145 per square foot. This property was built in 1974. 8 Colwell Dr is a home located in Providence County with nearby schools including John J. McLaughlin Cumberland Hill School, North Cumberland Middle School, and Cumberland High School.

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