NOT LISTED FOR SALE

Estimated Value: $547,516 - $636,000

4 Beds
2 Baths
3,501 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $500,000 $143 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,786/month

24 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Bathtub with Shower
  • Golf Course Community
  • 2 Car Detached Garage
  • Storage Room

About This Home

As of July 2022

Welcome to 84-86 Centre Street, a turn-key investment property in Rumford! This is a rare, multi-family property in the heart of Rumford sitting on a well appointed lot. Great for an investor or owner occupant alike. Both units have been modernized to appeal to today's savvy and sophisticated buyer and will demand above market rental income. Unit 1: Offers a modern granite/stainless kitchen, living room, 2 large bedrooms, and large bathroom. Unit 2: Offers 2nd & 3rd floor townhouse-style Owners unit featuring a beautiful eat-in kitchen, over-sized bathroom with separate soaking tub and walk in shower, and a large laundry room. The open floor plan encompasses the eat in kitchen,living room, large bedroom with open concept stairs to the top floor leading to a dramatic loft space with skylights and an additional bonus room. This property offers a full basement for storage, fantastic private fenced-in backyard and over-sized side yard for outdoor entertaining. The large driveway allows parking for 8 cars and leads to a two-car garage. Maintenance free vinyl siding, newer windows, and two new energy efficient Navien heating systems round are some of the many features. This property offers easy access to Downtown Providence, the East Side, and a short drive to the Boston commuter rail. Located in the highly rated Myron J Francis school zone, and just down the street to Agawam Hunt Country Club, Agawam Park, Avenue N, Seven Stars Bakery and Rumford Center.

Last Agent to Sell the Property

Matthew Pita

RE/MAX ADVANTAGE GROUP License #RES.0042385 Listed on: 05/20/2022

RE/MAX ADVANTAGE GROUP

Last Buyer's Agent

Rhode Island Real Estate Inside

Real Broker, LLC License #RES.0041189

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,239

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,501 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry in unit

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Utilities

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

Additional Features

  • 7,841 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 06 / 09
  • Assessor Parcel Number 8486CENTRESTEPRO

Community Details

Overview

  • 2 Units
  • Rumford/Agawam Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,239

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Inclusions: Owner lives in the townhouse style 2nd Unit. Approximate market rent for the townhouse unit is $2300.00- $2500.00. Unit 1 has a lease until 7/31/2022 at $1700.00 which is below market.
  • Subdivision Name: Rumford/Agawam
  • Above Grade Finished Sq Ft: 3501.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • Parcel #: 8486CENTRESTEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5239.0
  • Tax Block: 09
  • Tax Lot: 06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 8, 2022
Sold by
Neto Laysa M and Capaldi Michael K
Bought by
Chartier Matthew
Seller's Agent
Matthew Pita
RE/MAX ADVANTAGE GROUP
Buyer's Agent
Rhode Island Real Estate Inside
Real Broker, LLC
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%
Current Estimated Value
$594,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,879
Avg. Annual Appreciation
5.88%
Original Mortgage
$490,943
Outstanding Balance
$471,799
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$126,098

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 10, 2019
Sold by
Martingale Homes Llc
Bought by
Neto Laysa M and Capaldi Michael K
Seller's Agent
Matthew Pita
RE/MAX ADVANTAGE GROUP
Buyer's Agent
Tina Hartley
RE/MAX Professionals
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 30, 2018
Sold by
Smith Linda
Bought by
Martingale Homes Llc
Seller's Agent
Jessica Hopkins
The Hennessy Group
Buyer's Agent
Matthew Pita
RE/MAX ADVANTAGE GROUP
List Price
$209,000
Sold Price
$191,000
Premium/Discount to List
-$18,000
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.47%
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
Chartier Matthew $500,000 None Available
Chartier Matthew $500,000 None Available
Neto Laysa M $70,000 --
Neto Laysa M $70,000 --
Martingale Homes Llc $191,000 --
Martingale Homes Llc $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chartier Matthew $490,943
Closed Chartier Matthew $490,943
Previous Owner Neto Laysa M $55,973
Previous Owner Smith Thomas $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $500,000 -7.2% $143 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $539,000 +45.7% $154 / Sq Ft
07/11/2019 07/11/19 Sold $370,000 -2.6% $106 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $379,900 +98.9% $109 / Sq Ft
05/30/2018 05/30/18 Sold $191,000 -8.6% $55 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $209,000 -- $60 / 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 $6,543 $426,800 $100,900 $325,900
2023 $6,300 $426,800 $100,900 $325,900
2022 $5,327 $243,700 $49,900 $193,800
2021 $5,240 $243,700 $46,000 $197,700
2020 $5,018 $243,700 $46,000 $197,700
2019 $4,879 $243,700 $46,000 $197,700
2018 $4,214 $184,200 $46,600 $137,600
2017 $4,121 $184,200 $46,600 $137,600
2016 $4,100 $184,200 $46,600 $137,600
2015 $4,108 $179,000 $43,100 $135,900
2014 $4,108 $179,000 $43,100 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1310528

State-Wide MLS

APN: EPRO-000404-000009-000006