NOT LISTED FOR SALE

Estimated Value: $658,000 - $775,000

6 Beds
3 Baths
2,922 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $360,000 $123 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,675/month

31 Days on Market

Highlights

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

About This Home

As of October 2017

Investor's dream: fully rented LEGAL 3-unit with shared driveway, excellent INCOME & condition. NEW vinyl siding, rear parking lot + walkway. Per owner: 8-yr roof, windows w/ maintenance-free aluminum frames, and updated plumbing & electrical. 3 COMPLETE sets of appliances (oven/range, refrigerator, dishwasher, washer/dryer)! On-street permit parking available. Well maintained, great tenants, QUICK closing, EASY income generator, terrific LOCATION near access to all East Side amenities & all points commute make renting a breeze. Just sit back & collect income.

Last Agent to Sell the Property

Ted Ngo

HomeSmart Professionals License #RES.0031313 Listed on: 08/01/2017

HomeSmart Professionals

Last Buyer's Agent

Ted Ngo

Block Island Rentals Online

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,703

Year Built

  • Built in 1900

Lot Details

  • 3,200

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,922 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • 3,200 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 471
  • Assessor Parcel Number 8587RochambeauAVPROV

Community Details

Overview

  • 3 Units
  • Hope St Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,703

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Subdivision Name: Hope St
  • Above Grade Finished Sq Ft: 2922.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 8587RochambeauAVPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3900.0

Tax Info

  • Tax Annual Amount: 8703.0
  • Tax Lot: 471
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 2, 2017
Sold by
Witwicki Glen A
Bought by
Vecchio Frank
Seller's Agent
Ted Ngo
HomeSmart Professionals
Buyer's Agent
Ted Ngo
Block Island Rentals Online
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Current Estimated Value
$718,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,371
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Diamond Robert
Bought by
Witwicki Glen and Witwicki Diamantina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1997
Sold by
Realty Kand M
Bought by
Diamond Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
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
Vecchio Frank $360,000 --
Witwicki Glen $286,500 --
Diamond Robert $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diamond Robert $229,200
Previous Owner Diamond Robert $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $360,000 -1.4% $123 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $365,000 -- $125 / 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 $9,133 $497,700 $245,500 $252,200
2023 $9,133 $497,700 $245,500 $252,200
2022 $8,859 $497,700 $245,500 $252,200
2021 $8,842 $360,000 $190,000 $170,000
2020 $8,842 $360,000 $190,000 $170,000
2019 $8,842 $360,000 $190,000 $170,000
2018 $8,703 $272,300 $164,500 $107,800
2017 $8,703 $272,300 $164,500 $107,800
2016 $8,703 $272,300 $164,500 $107,800
2015 $6,994 $211,300 $153,600 $57,700
2014 $7,131 $211,300 $153,600 $57,700
2013 $7,131 $211,300 $153,600 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1169531

State-Wide MLS

APN: PROV-050471-000000-000000