NOT LISTED FOR SALE

8 Whitman St Smithfield, RI 02917

Estimated Value: $471,201 - $549,000

5 Beds
2 Baths
2,230 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $237,000 $106 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,230/month

72 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Shops
  • Vincent J. Gallagher Middle School Rated A-
  • Public Transportation
  • Property near a hospital

About This Home

As of June 2016

BEAUTIFUL 2 FAMILY IN GREAT CONDITION. BOTH UNITS ARE TURN KEY. HUGE OVERSIZED LOT, CUL-DE-SAC, PLENTY OF OFF STREET PARKING. TONS OF UPDATES INCLUDING ROOF, HEAT AND GUTTERS. PERFECT FOR OWNER OCC OR INVESTOR.

Last Agent to Sell the Property

Premier Group

Century 21 Limitless PRG Listed on: 03/16/2016

Century 21 Limitless PRG

Co-Listed By

Michael Veltri

Century 21 Limitless PRG License #REB.0018100

Last Buyer's Agent

Riccardo Oriani

CENTURY 21 Stachurski Agency License #RES.0027975

CENTURY 21 Stachurski Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1916

Lot Details

  • 0.27

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,230 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 0.27 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number 8WHITMANSTSMTH

Community Details

Overview

  • 2 Units
  • Smithfield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: EXIT10
  • Co List Office Phone: 401-288-3600
  • Subdivision Name: SMITHFIELD
  • Above Grade Finished Sq Ft: 2230.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1916
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2230.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 11761.0
  • Parcel #: 8WHITMANSTSMTH
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3672.0
  • Tax Lot: 032
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 24, 2016
Sold by
Cataldo Joseph J and Cataldo Constance A
Bought by
Bianchi Falvia M
Seller's Agent
Premier Group
Century 21 Limitless PRG
Buyer's Agent
Riccardo Oriani
CENTURY 21 Stachurski Agency
List Price
$249,900
Sold Price
$237,000
Premium/Discount to List
-$12,900
-5.16%
Current Estimated Value
$507,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,800
Avg. Annual Appreciation
8.67%
Original Mortgage
$232,707
Outstanding Balance
$186,010
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$321,790
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
Bianchi Falvia M $237,000 --
Bianchi Falvia M $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianchi Falvia M $232,707
Closed Bianchi Falvia M $232,707
Previous Owner Cataldo Constance A $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $237,000 -5.2% $106 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $249,900 -- $112 / 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 $5,805 $468,500 $163,900 $304,600
2024 $4,755 $329,300 $149,000 $180,300
2023 $4,518 $329,300 $149,000 $180,300
2022 $4,399 $329,300 $149,000 $180,300
2021 $5,002 $292,000 $133,200 $158,800
2020 $4,909 $292,000 $133,200 $158,800
2019 $4,909 $292,000 $133,200 $158,800
2018 $4,076 $232,100 $86,400 $145,700
2017 $4,076 $232,100 $86,400 $145,700
2016 $3,883 $232,100 $86,400 $145,700
2015 $3,672 $209,000 $76,200 $132,800
2012 $3,614 $225,600 $89,700 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1120343

State-Wide MLS

APN: SMIT-000025-000000-000032