NOT LISTED FOR SALE

950 Mineral Spring Ave North Providence, RI 02904

Marieville Neighborhood

Estimated Value: $554,305

6 Beds
3.5 Baths
3,802 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $279,575 $74 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,939/month

134 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Baseboard Heating
  • 3 Car Detached Garage

About This Home

As of April 2018

Solid Money Making Four unit Features three residential units and one retail unit- fully rented. Brick front, New Roof, Unit #2 received new hot water heater & Boiler, Rents can be higher. Great cash flow 8% Cap with a 13% ROI. Situated on 5000 SqFt lot offering 3 Car garage and plenty of additional off-street parking. Prime Mineral Spring Avenue Location, Great Investment Opportunity. P&L Available.

Last Agent to Sell the Property

Martha Habib

Pyramid Realty Inc License #REB.0019420 Listed on: 10/19/2017

Last Buyer's Agent

Madonna Micheletti

Lions Key Real Estate LLC License #REC.0017136

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,802 Sq Ft Home
  • 4-Story Property

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 950MineralSpringAVNPRO

Community Details

Overview

  • 4 Units
  • Marieville Subdivision

Building Details

  • Operating Expense $11,490

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Marieville
  • Above Grade Finished Sq Ft: 3802.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1929
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Available
  • Water Source: Connected, Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5001.0
  • Parcel #: 950MineralSpringAVNPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 11490.0

Tax Info

  • Tax Annual Amount: 7953.0
  • Tax Lot: 158
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Apr 3, 2018
Sold by
Natco Enterprises Llc
Bought by
Deleon Luis E
Seller's Agent
Martha Habib
Pyramid Realty Inc
Buyer's Agent
Madonna Micheletti
Lions Key Real Estate LLC
List Price
$289,900
Sold Price
$279,575
Premium/Discount to List
-$10,325
-3.56%
Current Estimated Value
$554,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,730
Avg. Annual Appreciation
9.54%
Original Mortgage
$279,837
Outstanding Balance
$242,361
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$311,944

Purchase Details

Closed on
Feb 17, 2010
Sold by
Potenza Walter M
Bought by
Natco Enterprises

Purchase Details

Closed on
Sep 21, 2005
Sold by
Olean Norman F and Olean James R
Bought by
Natale Carmela and Potenza Walter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,919
Interest Rate
5.92%
Mortgage Type
Commercial
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
Deleon Luis E $285,000 --
Deleon Luis E $285,000 --
Natco Enterprises $225,000 --
Natco Enterprises $225,000 --
Natale Carmela $250,000 --
Natale Carmela $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Luis E $279,837
Closed Natale Carmela $279,837
Previous Owner Natale Carmela $201,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $279,575 -3.6% $74 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $289,900 -- $76 / 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 -- $327,300 $91,400 $235,900
2023 $0 $327,300 $91,400 $235,900
2022 $0 $266,400 $62,900 $203,500
2021 $0 $266,400 $62,900 $203,500
2020 $0 $266,400 $62,900 $203,500
2017 $0 $241,900 $61,400 $180,500
2016 -- $214,700 $59,500 $155,200
2015 -- $214,700 $59,500 $155,200
2014 -- $214,700 $59,500 $155,200
Source: Public Records

Agents Affiliated with this Home

  • Martha Habib

    Seller's Agent in 2018

    Martha Habib

    Pyramid Realty Inc

    (401) 864-5505

    26 Total Sales

    Martha Habib
    Section Image

  • M

    Buyer's Agent in 2018

    Madonna Micheletti

    Lions Key Real Estate LLC

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Map

Source: State-Wide MLS

MLS Number: 1176038

State-Wide MLS

APN: NPRO-000002-000000-000158

Rhode Island Providence County North Providence 02904 Marieville

950 Mineral Spring Ave, North Providence, RI

This home is located at 950 Mineral Spring Ave, North Providence, RI 02904 since 19 October 2017 and is currently estimated at $554,305, approximately $145 per square foot. This property was built in 1929. 950 Mineral Spring Ave is a home located in Providence County with nearby schools including North Providence High School, Blackstone Valley Prep Upper Elementary School, and The San Miguel School.

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