Seller's Agent in 2021
Robin Lozito
RE/MAX River's Edge
(800) 699-1542
1 in this area
53 Total Sales
83 Garfield St Unit 87 Central Falls, RI 02863
Estimated Value: $554,000 - $697,000
12
Beds
4
Baths
3,412
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Thermal Windows
- Patio
- Storage Room
- Bathtub with Shower
- Tankless Water Heater
- Public Transportation
About This Home
As of August 2021Don't miss this one! Fantastic opportunity to own this 4-unit property, which consists of a 3-family and a single family on one lot. All units are fully rented, tenants pay own utilities, with Leases on a month to month basis. The single family home is updated and features an open & spacious kitchen, dining & living room, 1st floor main bedroom, 2-3 beds on 2nd floor, also its own basement perfect for storage or future living space. The 3-family has 3 beds, 1 bath (with tub & shower) on each floor, all units remodeled, and have hardwired smokes. Exterior is vinyl sided, replacement windows, young roof, fenced yard and patio for your tenants enjoyment. Plenty of off street parking. Current taxes are at the Non-Owner Occupied rate of $23.69. Selling AS IS.
Last Agent to Sell the Property
RE/MAX River's Edge License #RES.0030075 Listed on: 06/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,368
Year Built
- Built in 1900
Lot Details
- 5,150 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 3,412 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Storage Room
- Utility Room
- Storm Doors
Kitchen
- Oven
- Range
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Patio
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 155
- Assessor Parcel Number 8387GARFIELDSTCFLS
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Shops
- Public Transportation
Building Details
- Operating Expense $6,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2021
Closed on
Aug 2, 2021
Sold by
Graca Nelson O and Graca Maria C
Bought by
Perez-Castro Jorge L
Seller's Agent
Robin Lozito
RE/MAX River's Edge
Buyer's Agent
Renato De Lima
Innovations Realty
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,335
Avg. Annual Appreciation
8.13%
Original Mortgage
$407,483
Outstanding Balance
$370,695
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$221,640
Purchase Details
Closed on
Mar 30, 2004
Sold by
Cabral Daniel C
Bought by
Graca Nelson O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.65%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez-Castro Jorge L | $415,000 | None Available | |
| Graca Nelson O | $275,000 | -- | |
| Graca Nelson O | $775,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez-Castro Jorge L | $407,483 | |
| Previous Owner | Graca Nelson O | $174,300 | |
| Previous Owner | Graca Nelson O | $206,250 | |
| Previous Owner | Graca Nelson O | $124,570 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $415,000 | +10.7% | $122 / Sq Ft |
| 07/03/2021 07/03/21 | Pending | -- | -- | -- |
| 06/15/2021 06/15/21 | For Sale | $375,000 | -- | $110 / Sq Ft |
Source: State-Wide MLS
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 | $7,608 | $575,900 | $105,600 | $470,300 |
| 2024 | $7,697 | $409,200 | $79,700 | $329,500 |
| 2023 | $7,591 | $409,200 | $79,700 | $329,500 |
| 2022 | $7,145 | $409,200 | $79,700 | $329,500 |
| 2021 | $4,381 | $184,400 | $27,700 | $156,700 |
| 2020 | $4,368 | $184,400 | $27,700 | $156,700 |
| 2019 | $4,566 | $184,400 | $27,700 | $156,700 |
| 2018 | $3,491 | $132,700 | $26,700 | $106,000 |
| 2017 | $3,491 | $132,700 | $26,700 | $106,000 |
| 2016 | $3,441 | $132,700 | $26,700 | $106,000 |
| 2015 | $3,114 | $112,700 | $25,200 | $87,500 |
| 2014 | $3,072 | $112,700 | $25,200 | $87,500 |
| 2013 | $2,899 | $112,700 | $25,200 | $87,500 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Lozito
-
Renato De Lima
Buyer's Agent in 2021
Renato De Lima
Innovations Realty
(401) 723-3312
23 in this area
169 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1285609
APN: CENT-000006-000000-000155
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