NOT LISTED FOR SALE

87 Cleveland St Central Falls, RI 02863

Estimated Value: $466,379 - $550,000

7 Beds
2 Baths
2,961 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $350,000 $118 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,249/month

62 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Storage Room
  • Attic
  • Bathtub with Shower
  • 5-minute walk to Central Falls Veterans Park

About This Home

As of September 2021

Extremely well taken care of two family on a dead end. One unit has 2 bedrooms and the 2nd floor unit has 4/5 bedrooms as it has the completely finished 3rd floor. Great for a large family who needs the extra bedrooms. The current owner has taken very good care of property. Has a nice size yard

Last Agent to Sell the Property

Monalisa Aguiar

Reliable Realty Group LLC License #REC.0016916 Listed on: 06/23/2021

Last Buyer's Agent

Sebastian Casas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1891

Lot Details

  • 5,009 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,961 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 8
  • Assessor Parcel Number 87CLEVELANDSTCFLS

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • 2 Units
  • Shops
  • Operating Expense $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.115
  • Above Grade Finished Sq Ft: 2961.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1891
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • 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: Near Schools, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5009.0
  • Parcel #: 87CLEVELANDSTCFLS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4106.0
  • Tax Lot: 8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 30, 2021
Sold by
Mayer Family Revoc Lt and Mayer
Bought by
Veliz Ingrid and Flores Angelica S
Seller's Agent
Monalisa Aguiar
Reliable Realty Group LLC
Buyer's Agent
Sebastian Casas
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$515,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,095
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Oct 25, 2001
Sold by
Kulacz Leora
Bought by
Mayer Mark D and Mayer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,150
Interest Rate
6.86%
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
Veliz Ingrid $350,000 None Available
Mayer Mark D $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayer Mark D $65,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $350,000 0.0% $118 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $349,900 -- $118 / 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 $6,059 $322,100 $85,000 $237,100
2023 $5,975 $322,100 $85,000 $237,100
2022 $5,624 $322,100 $85,000 $237,100
2021 $4,118 $173,300 $39,300 $134,000
2020 $4,105 $173,300 $39,300 $134,000
2019 $4,291 $173,300 $39,300 $134,000
2018 $2,999 $114,000 $35,000 $79,000
2017 $2,999 $114,000 $35,000 $79,000
2016 $2,956 $114,000 $35,000 $79,000
2015 $2,904 $105,100 $35,000 $70,100
2014 $2,865 $105,100 $35,000 $70,100
2013 $2,703 $105,100 $35,000 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1286493

State-Wide MLS

APN: CENT-000010-000000-000008