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Sold for $525,000
    • $525,000

    1 Homestead Ave, Smithfield, RI 02917

    6beds
    2,639sqft
    Multi Family
    Built in 1850
    -- sqft lot
    $626,400 Zestimate®
    $199/sqft
    $2,371 Estimated rent

    Home value

    $626,400

    $595,000 - $658,000

    $2,371/mo

    Zestimate® history
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    What's special

    Rare find! Tremendous income in this well located three family on large 3/4 acre lot. Long term tenants in place. Gross annual income of $47,940.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karl Martone 401-232-7900,

    RE/MAX Properties

    Bought with:

    Joseph Mullen, RES.0040363

    BHHS Pinnacle Realty

    Source: StateWide MLS RI,MLS#: 1348495MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil, Forced Water
    Cooling
    • None
    Features
    • Flooring: Other
    • Basement: Partial,Interior and Exterior,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,640
    • Total interior livable area: 2,639 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    Features
    • Stories: 2
    Lot
    • Size: 0.81 Acres
    Details
    • Parcel number: SMITM24B000L096U
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1850

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Connected
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
    • Subdivision: Esmond
    HOA
    • Has HOA: No
    Location
    • Region: Smithfield

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $491,500
    • Annual tax amount: $4,444
    • Date on market: 9/26/2024
    • Total actual rent: 3995

    Price history

    DateEventPrice
    1/11/2024Sold$525,000+14.2%$199/sqft
    Source: StateWide MLS RI #1348495 Report a problem
    11/28/2023Pending sale$459,900$174/sqft
    Source: StateWide MLS RI #1348495 Report a problem
    11/21/2023Listed for sale$459,900+114.9%$174/sqft
    Source: StateWide MLS RI #1348495 Report a problem
    1/9/2017Sold$214,000-14.4%$81/sqft
    Source: StateWide MLS RI #1137884 Report a problem
    10/13/2016Price change$249,900-7.4%$95/sqft
    Source: BHHS Gammons Realty #1137884 Report a problem
    9/27/2016Listed for sale$269,900$102/sqft
    Source: BHHS Gammons Realty #1137884 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,090 +30.2%$491,500 +51.7%
    2024$4,677 +5.2%$323,900
    2023$4,444 +2.4%$323,900 -0.3%
    2022$4,339 +4.8%$324,800 +34.4%
    2021$4,139 +1.9%$241,600
    2020$4,061 $241,600
    2019$4,061 +21%$241,600 +26.4%
    2018$3,356 $191,100
    2017$3,356 +5%$191,100
    2016$3,197 -16.3%$191,100 -12.1%
    2015$3,818 +2.6%$217,300 -6.5%
    2012$3,721 +1.4%$232,300 +0.4%
    2011$3,668 +1.7%$231,400
    2010$3,608 -8%$231,400 -17.5%
    2009$3,921 +2.2%$280,500
    2008$3,837 +3.4%$280,500
    2007$3,711 +6.8%$280,500 +24.3%
    2006$3,474 +4.9%$225,600
    2005$3,312 +5.2%$225,600
    2004$3,147 $225,600
    Find assessor info on the county website

    Neighborhood: 02917

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    Estimated market value
    $626,400
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    Estimated market value
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