NOT LISTED FOR SALE

977 Main St Hope Valley, RI 02832

Hope Valley-Rockville Neighborhood

Estimated Value: $376,000 - $433,000

3 Beds
3 Baths
2,584 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $270,000 $104 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,708/month

26 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of October 2020

Fully rented 3 family ( 3-1 bed units) on .42 acres in "downtown"Hope Valley. Conveniently located to 1-95 and walking distance to bakery, shops and outdoor activities. Lots of upgrades including septic 2008, septic pump 2017, well tank 2017, some new flooring, some new bathroom fixtures, new electric baseboard heat (unit 1 and 2). All units have separate electric meters, separate hot water tanks ( 1-5 years old, 2- 1 year old). Per tenants request limited inside photos.

Last Agent to Sell the Property

Ann McCrory

RI Real Estate Services License #RES.0028362 Listed on: 08/31/2020

RI Real Estate Services

Last Buyer's Agent

Keith Murphy

Badger Realty License #RES.0042741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1942

Lot Details

  • 0.42 Acre Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Combination Foundation
  • Shingle Siding
  • Masonry

Interior Spaces

  • 2,584 Sq Ft Home
  • 3-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Well
  • Septic Tank

Additional Features

  • Solar Water Heater
  • Patio

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 31
  • Assessor Parcel Number 977MAINSTHOPK

Community Details

Overview

  • 3 Units
  • Hope Valley Subdivision

Recreation

  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,144

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.42
  • Subdivision Name: Hope Valley
  • Above Grade Finished Sq Ft: 2584.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Solar Hot Water, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Masonry, Shingle Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 977MAINSTHOPK
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

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

Tax Info

  • Tax Annual Amount: 3144.0
  • Tax Lot: 31
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 27, 2020
Sold by
Robinson Alan Y
Bought by
Baj Properties Llc
Seller's Agent
Ann McCrory
RI Real Estate Services
Buyer's Agent
Keith Murphy
Badger Realty
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$434,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,311
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Dec 1, 2017
Sold by
Olado Wayne S and Olado Donna E
Bought by
Robinson Alan Y
Source: Public Records

Range of Values:

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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
Baj Properties Llc $270,000 None Available
Robinson Alan Y $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olado Wayne S $168,000
Previous Owner Olado Wayne S $42,000
Previous Owner Olado Wayne S $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $270,000 -3.5% $104 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $279,900 -- $108 / 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 $3,961 $263,000 $124,100 $138,900
2023 $3,856 $263,000 $124,100 $138,900
2022 $3,187 $172,000 $74,400 $97,600
2021 $3,187 $172,000 $74,400 $97,600
2020 $3,144 $172,000 $74,400 $97,600
2019 $3,350 $162,000 $61,400 $100,600
2018 $3,251 $162,000 $61,400 $100,600
2017 $3,251 $162,000 $61,400 $100,600
2016 $3,212 $155,600 $55,400 $100,200
2015 $3,171 $155,600 $55,400 $100,200
2014 $3,212 $155,600 $55,400 $100,200
2013 $3,102 $156,900 $53,400 $103,500
Source: Public Records

Agents Affiliated with this Home

  • Ann McCrory

    Seller's Agent in 2020

    Ann McCrory

    RI Real Estate Services

    (401) 413-6075

    1 in this area

    75 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Keith Murphy

    Badger Realty

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Map

Source: State-Wide MLS

MLS Number: 1262948

State-Wide MLS

APN: HOPK-000027-000000-000031

Rhode Island Washington County Hope Valley 02832 Hope Valley-Rockville

977 Main St, Hope Valley, RI

This home is located at 977 Main St, Hope Valley, RI 02832 since 31 August 2020 and is currently estimated at $413,965, approximately $160 per square foot. This property was built in 1942. 977 Main St is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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