NOT LISTED FOR SALE

916 Bullocks Point Ave Riverside, RI 02915

Riverside Neighborhood

Estimated Value: $606,000 - $666,000

4 Beds
2 Baths
3,272 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $320,000 $98 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,054/month

16 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Water Views
  • Corner Lot
  • Thermal Windows

About This Home

As of June 2018

Rare opportunity to own a duplex on the Terrace in this great seaside community. This charming 2-family home has updates throughout, including newer boilers and hot water tanks, updated kitchen with stainless steel appliances, new interior paint, replacement windows, hardwood floors, front porch with Trex decking and much more. Both units are 2 bedrooms, 1 bath each and have a kitchen, living room and dining room. Each unit has separate utilities, including a basement with storage and laundry hookups for each. Walk to water, Looff Carousel and Rose Larisa Park. No flood insuance required. Perfect for an investor or owner occupant with some rental income.

Last Agent to Sell the Property

Friedman Group

Compass Listed on: 05/13/2018

Compass

Last Buyer's Agent

Rachel Wills

Peter M. Scotti & Assoc.,Inc. License #RES.0041740

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1928

Lot Details

  • 8,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,272 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 001 / 12
  • Assessor Parcel Number 916BULLOCKSPOINTAVEPRO

Community Details

Overview

  • 4 Units
  • Riverside / Terrace Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,074

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Subdivision Name: Riverside / Terrace
  • Above Grade Finished Sq Ft: 3272.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Bathtub, Cable TV
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8098.0
  • Parcel #: 916BULLOCKSPOINTAVEPRO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5074.0
  • Tax Block: 12
  • Tax Lot: 001
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Jun 29, 2018
Sold by
Sheran Sharon O
Bought by
Sharif Wanda C
Seller's Agent
Friedman Group
Compass
Buyer's Agent
Rachel Wills
Peter M. Scotti & Assoc.,Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$641,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,010
Avg. Annual Appreciation
9.08%
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
Sharif Wanda C $320,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $320,000 -1.5% $98 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/13/2018 05/13/18 For Sale $325,000 -- $99 / 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 $6,537 $426,400 $159,000 $267,400
2023 $6,294 $426,400 $159,000 $267,400
2022 $6,234 $285,200 $91,600 $193,600
2021 $6,132 $285,200 $91,600 $193,600
2020 $5,872 $285,200 $91,600 $193,600
2019 $5,710 $285,200 $91,600 $193,600
2018 $5,189 $226,800 $78,900 $147,900
2017 $5,074 $226,800 $78,900 $147,900
2016 $5,049 $226,800 $78,900 $147,900
2015 $5,033 $219,300 $78,300 $141,000
2014 $5,033 $219,300 $78,300 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1191650

State-Wide MLS

APN: EPRO-000414-000012-000001