NOT LISTED FOR SALE

83 Jackson Flat Rd Hope, RI 02831

Estimated Value: $463,290 - $767,000

7 Beds
2.5 Baths
5,966 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $410,000 $69 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,381/month

300 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Bathtub with Shower
  • Recreation Facilities
  • Screened Patio
  • 2-minute walk to Hope Memorial Field

About This Home

As of November 2022

Have you been searching for a rural multifamily with affordable property taxes and plenty of income potential? Welcome to the convenient and yet quiet Hope section of Scituate. This property features two nicely remodeled units, a true 2 bed with a great sunken living room and first floor laundry/half bath, plus a mint condition full bath upstairs. The larger front unit has up to 5 bedrooms, a sunny three season room and a main floor laundry room as well. Both units are town homes with living, dining and kitchen on the first floor and private space upstairs. This old house has been meticulously restored including a new 4br ISDS septic, roof, electrical upgrades, windows, doors, flooring, kitchens on both townhomes are brandy spanking new as well. The cool consistent colors that invite higher paying tenants and that will make your furniture and art pop are here already, you don't even need to paint. This property is a hybrid between a nice place to live with rental income galore. Keep the back smaller unit for yourself and collect almost enough rent to cover a standard mortgage, including PITI, or, live in the big unit and let the 2 bed apartment cut down your expenses. Perfect home for multigenerational living or any mixed household as well. Nearby nature, hunting, fishing but a short shot to "civilization", this is a rare find, a turn key multi!

Last Agent to Sell the Property

Matt Patty

Real Broker, LLC Listed on: 12/21/2021

Real Broker, LLC

Last Buyer's Agent

Merysa Berrios Sevilla

Vicente Realty License #RES.0041514

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1780

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 5,966 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Screened Patio
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 83JACKSONFLATRDSCIT

Community Details

Overview

  • 2 Units
  • Hope Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,532

Year Built

Built in 1780

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: Hope
  • Above Grade Finished Sq Ft: 5966.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1780
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 83JACKSONFLATRDSCIT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4532.0
  • Tax Lot: 038
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Nov 4, 2022
Sold by
Ri Property Wire Llc
Bought by
Ortiz Pietro A and Revirodriguez Aliyah E
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Merysa Berrios Sevilla
Vicente Realty
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%
Views
73
Current Estimated Value
$553,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,707
Avg. Annual Appreciation
11.86%
Original Mortgage
$392,755
Outstanding Balance
$380,009
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$205,564
Source: Public Records
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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
Ortiz Pietro A $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Pietro A $392,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $410,000 0.0% $69 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $409,900 -2.4% $69 / Sq Ft
07/15/2022 07/15/22 Price Changed $419,900 -2.3% $70 / Sq Ft
06/01/2022 06/01/22 For Sale $429,900 -4.4% $72 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $449,900 +130.7% $75 / Sq Ft
04/05/2021 04/05/21 Sold $195,000 -13.3% $73 / Sq Ft View Prior Sale
03/06/2021 03/06/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $225,000 -- $84 / 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 $5,851 $337,600 $118,100 $219,500
2024 $5,851 $337,600 $118,100 $219,500
2023 $5,124 $305,700 $118,100 $187,600
2022 $5,007 $305,700 $118,100 $187,600
2021 $4,532 $242,500 $110,600 $131,900
2020 $4,430 $242,500 $110,600 $131,900
2019 $4,338 $242,500 $110,600 $131,900
2018 $3,120 $160,900 $57,600 $103,300
2017 $3,028 $160,900 $57,600 $103,300
2016 $2,903 $160,900 $57,600 $103,300
2015 $3,211 $167,600 $51,400 $116,200
2014 $3,181 $167,600 $51,400 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1300395

State-Wide MLS

APN: SCIT-000002-000038-000000