NOT LISTED FOR SALE

8 Sanford Ave Cumberland, RI 02864

Valley Falls Neighborhood

Estimated Value: $522,000 - $573,000

8 Beds
3 Baths
2,656 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $485,000 $183 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,287/month

9 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • Thermal Windows
  • Wood Flooring
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of January 2024

Nice 3 Family home in the Valley Falls section of Cumberland on a quiet dead-end street. 1st and 2nd floor units are 1081SF and each have 3 bedrooms, Kitchen, Dining Area and Family Room. The 3rd floor has 980SF with 2 bedrooms, Kitchen, Dining Area and Family Room. Units have been updated and most mechanicals have been improved. Rents are significantly lower than the market values and tenants are month to month. Perfect investment property.

Last Agent to Sell the Property

Geddes/ Dupuis Team

Residential Properties Ltd. Listed on: 08/06/2023

Residential Properties Ltd.

Last Buyer's Agent

Debbie Scanlon

Jack Conway & Co Inc. License #RES.0034900

Jack Conway & Co Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1920

Lot Details

  • 4,356

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,656 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 4,356 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 090
  • Assessor Parcel Number 8SANFORDAVCUMB

Community Details

Overview

  • 3 Units
  • Valley Falls Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,277

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: Valley Falls
  • Above Grade Finished Sq Ft: 2656.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 8SANFORDAVCUMB
  • Zoning: Res-2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4277.0
  • Tax Lot: 090
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Jan 30, 2024
Sold by
Amaral Joseph F
Bought by
Delorenzo Mark and Delorenzo Elsie
Seller's Agent
Geddes/ Dupuis Team
Residential Properties Ltd.
Buyer's Agent
Debbie Scanlon
Jack Conway & Co Inc.
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%
Views
130
Current Estimated Value
$533,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,190
Avg. Annual Appreciation
8.43%
Original Mortgage
$360,000
Outstanding Balance
$355,667
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,288

Purchase Details

Closed on
Feb 6, 1979
Bought by
Amaral Jose A and Amaral Rosa
Source: Public Records

Range of Values:

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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
Delorenzo Mark $485,000 None Available
Amaral Jose A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delorenzo Mark $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $485,000 +1.0% $183 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $480,000 -- $181 / 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 $4,399 $368,100 $86,400 $281,700
2023 $4,277 $368,100 $86,400 $281,700
2022 $3,631 $242,200 $63,400 $178,800
2021 $3,570 $242,200 $63,400 $178,800
2020 $3,468 $242,200 $63,400 $178,800
2019 $3,082 $194,100 $54,700 $139,400
2018 $385 $194,100 $54,700 $139,400
2017 $2,952 $194,100 $54,700 $139,400
2016 $2,912 $170,500 $56,300 $114,200
2015 $2,912 $170,500 $56,300 $114,200
2014 $2,912 $170,500 $56,300 $114,200
2013 $2,684 $170,100 $56,500 $113,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Geddes/ Dupuis Team

    Residential Properties Ltd.

    (401) 692-0407

    4 in this area

    127 Total Sales

    Section Image
  • Debbie Scanlon

    Buyer's Agent in 2024

    Debbie Scanlon

    Jack Conway & Co Inc.

    (508) 965-7155

    3 in this area

    86 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1340887

State-Wide MLS

APN: CUMB-000004-000090-000000

Rhode Island Providence County Cumberland 02864 Valley Falls

8 Sanford Ave, Cumberland, RI

This home is located at 8 Sanford Ave, Cumberland, RI 02864 since 06 August 2023 and is currently estimated at $549,262, approximately $206 per square foot. This property was built in 1920. 8 Sanford Ave is a home located in Providence County with nearby schools including B.F. Norton Elementary School, Joseph L. McCourt Middle School, and Cumberland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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