Sold for $130,000

$130,000

117 John St APT 42, Lincoln, RI 02865

1beds

580sqft

Condominium

Built in 1973

-- sqft lot

$150,500 Zestimate^®

$224/sqft

$1,612 Estimated rent

Home value

$150,500

$140,000 - $161,000

$1,612/mo

Zestimate^® history

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$1,612/mo

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$1,612/mo

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$1,161/mo

Est. payment

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$1,161/mo

Est. payment

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What's special

Fantastic value for this recently updated unit conveniently located near Lincoln Woods State Park, Blackstone River and bike path! This 1 bedroom third level unit features new flooring, ceilings, freshly painted interior, and the HOA has just replaced the roof. Spacious bedroom with double closets. Enjoy your morning coffee perched on your front balcony, with additional amenities including one assigned parking space, two through the wall A/C units, and common coin-op laundry in the building. The current 4-year special assessment (2022-2025) will be paid by Seller at closing. The special assessment will continue at the same monthly amount, $67/m, extending for an additional 6 years (2026-2031), to be assumable by Buyer. Buyer of the unit is required to be a resident owner and must use the unit as their primary residence. Check with your lender for financing options. Great opportunity! **Street parking only for showings**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Bath w Tub & Shower

Heating

Electric, Baseboard

Cooling

Wall Unit(s)

Appliances

Included: Electric Water Heater, Dishwasher, Exhaust Fan, Microwave, Oven/Range, Refrigerator
Laundry: Common Area, In Building

Features

Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
Flooring: Ceramic Tile, Vinyl, Carpet
Doors: Storm Door(s)
Basement: None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 580
Total interior livable area: 580 sqft
Finished area above ground: 580
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: No Garage, Assigned

Features

Stories: 1
Entry location: First Floor Access
Exterior features: Balcony

Lot

Features: Paved

Details

Parcel number: LINCM04L0930U42
Zoning: RG7
Special conditions: Conventional/Market Value
Other equipment: Intercom

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Dry Wall, Brick, Wood
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1973

Utilities & green energy

Electric: 100 Amp Service
Sewer: In Fee, Public Sewer
Water: In Fee, Municipal
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Recreational Facilities, Restaurants, Schools, Near Shopping
Subdivision: Lonsdale

HOA

Has HOA: No
HOA fee: $298 monthly

Location

Region: Lincoln

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $133,400
Annual tax amount: $1,094
Date on market: 9/18/2024
Inclusions: Will not pass FHA due to minimum owner occupancy requirement. The current 4-year special assessment (2022-2025) will be paid by Seller at closing. The special assessment will continue at the same monthly amount, extending for an additional 6 years (2026-2031), to be assumable by Buyer in the amount of $67/m. This assessment was approved for installation of new roofs to improve the structural integrity of our buildings, installation of backflow valves per Town requirements, getting buildings/property up to code with fire protection and getting the parking lot repaved & repainted. Buyer to pay Working Capital Deposit equal to two months of HOA fee at closing. Condo docs available upon request.

Price history

Date	Event	Price
6/17/2024	Sold	$130,000-6.5%$224/sqft
Source: StateWide MLS RI #1351065 Report a problem
5/16/2024	Pending sale	$139,000$240/sqft
Source: StateWide MLS RI #1351065 Report a problem
4/12/2024	Price change	$139,000-4.1%$240/sqft
Source: StateWide MLS RI #1351065 Report a problem
3/20/2024	Listed for sale	$145,000$250/sqft
Source: StateWide MLS RI #1351065 Report a problem
2/18/2024	Pending sale	$145,000$250/sqft
Source: StateWide MLS RI #1351065 Report a problem
2/13/2024	Contingent	$145,000$250/sqft
Source: StateWide MLS RI #1351065 Report a problem
1/25/2024	Listed for sale	$145,000+38.1%$250/sqft
Source: StateWide MLS RI #1351065 Report a problem
10/2/2020	Sold	$105,000$181/sqft
Source: Public Record Report a problem
9/8/2020	Pending sale	$105,000$181/sqft
Source: Keller Williams Elite #1261353 Report a problem
8/12/2020	Listed for sale	$105,000+86.7%$181/sqft
Source: Keller Williams Realty #1261353 Report a problem
6/19/2017	Sold	$56,250$97/sqft
Source: StateWide MLS RI #1150681 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,804 +1.9%	$133,400 +30.7%
2024	$1,771 +5.2%	$102,100
2023	$1,684 +0.2%	$102,100
2022	$1,680 +59.5%	$102,100 +96.7%
2021	$1,053 +0.8%	$51,900
2020	$1,045 -13.7%	$51,900 -4.2%
2018	$1,211 +2%	$54,200
2017	$1,187 +1.4%	$54,200
2016	$1,171 +5.7%	$54,200 +15.1%
2015	$1,108 -0.2%	$47,100
2014	$1,110 +0.4%	$47,100
2013	$1,106 -18.5%	$47,100 +651.2%
2012	$1,357	$6,270 -90%
2011	$1,357	$62,700
2010	$1,357 -35.5%	$62,700 -47.8%
2009	$2,105 +3.9%	$120,000
2008	$2,026	$120,000