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Sold for $558,000
  • $558,000

    1487 Smithfield Ave, Lincoln, RI 02865

    6beds
    2,844sqft
    Multi Family
    Built in 1883
    -- sqft lot
    $639,200 Zestimate®
    $196/sqft
    $1,998 Estimated rent

    Home value

    $639,200

    $607,000 - $671,000

    $1,998/mo

    Zestimate® history
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    What's special

    Zillow last checked:

    Listing updated:

    Listed by:

    Rita Caraccia 401-354-9668,

    Keller Williams Leading Edge

    Bought with:

    Barrows Team

    Keller Williams Leading Edge

    Source: StateWide MLS RI,MLS#: 1373413MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Forced Water
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range Hood, Oven/Range, Refrigerator
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Copper), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Hardwood, Other, Carpet
    • Basement: Full,Bulkhead,Unfinished,Laundry,Utility
    • Has fireplace: No
    Interior area
    • Total structure area: 3,824
    • Total interior livable area: 2,844 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Walk to Fresh Water
    Lot
    • Size: 8,929 Square Feet
    Details
    • Foundation area: 884
    • Parcel number: LINCM09L1320U
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Clapboard
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1883

    Utilities & green energy

    • Electric: 100 Amp Service
    • Utilities for property: Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances, Doors, HVAC

    Community & HOA

    Community
    • Features: Public School, Recreational Facilities
    • Subdivision: Saylesville
    HOA
    • Has HOA: No
    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $528,100
    • Annual tax amount: $5,824
    • Date on market: 11/22/2024
    • Inclusions: Great opportunity to own a multi-family home in Lincoln. This home offers a lot of options. The First floor unit has 2 bedrooms and one bath, with a large eat-in kitchen, with huge closets and beautiful hardwood floors! The Second floor apartment has 2 bedrooms with a Third floor addition of 2 more bedrooms with a connector. Same large eat-in kitchen, huge closet spaces and hardwood floors. This home sits right next to a public town park, Arnold Park. Across the street is one of 3 waterfalls in the town of Lincoln which has a walkover bridge for fishing and a public boat launch for kayaking and canoeing. Property located next to Lincoln Woods State Park and within one mile of the RI Statewide Bike path. Within short walking distance to Saylesville Elementary School. Both apartments recently revovated. Coin-op laundry in basement, First Floor has a new gas heating system with air-conditioning unit.
    • Total actual rent: 4250
    • Tenant pays: Heat

    Price history

    DateEventPrice
    12/30/2024Sold$558,000-0.4%$196/sqft
    Source: StateWide MLS RI #1373413 Report a problem
    11/30/2024Pending sale$560,000$197/sqft
    Source: StateWide MLS RI #1373413 Report a problem
    11/22/2024Listed for sale$560,000$197/sqft
    Source: StateWide MLS RI #1373413 Report a problem
    11/9/2024Listing removed$560,000$197/sqft
    Source: StateWide MLS RI #1371891 Report a problem
    10/29/2024Listed for sale$560,000+60%$197/sqft
    Source: StateWide MLS RI #1371891 Report a problem
    2/28/2022Sold$349,900$123/sqft
    Source: StateWide MLS RI #1299551 Report a problem
    12/23/2021Pending sale$349,900$123/sqft
    Source: StateWide MLS RI #1299551 Report a problem
    12/2/2021Listed for sale$349,900$123/sqft
    Source: StateWide MLS RI #1299551 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,140 +22.6%$528,100 +57.3%
    2024$5,824 +5.2%$335,700
    2023$5,536 +0.3%$335,700
    2022$5,522 +24%$335,700 +52.9%
    2021$4,454 +0%$219,500
    2020$4,454 +2.5%$219,500 +22.9%
    2018$4,346 +11.1%$178,600
    2017$3,911 +0.6%$178,600 -0.8%
    2016$3,888 +14.3%$180,000 +24.5%
    2015$3,402 -0.2%$144,600
    2014$3,408 +0.3%$144,600
    2013$3,397 -16.5%$144,600 +669.1%
    2012$4,070 $18,800 -90%
    2011$4,070 $188,000
    2010$4,070 -13.9%$188,000 -30.2%
    2009$4,727 +3.9%$269,500
    2008$4,549 +8.9%$269,500 +25.8%
    2006$4,177 +1.6%$214,300
    2005$4,110 $214,300
    Find assessor info on the county website

    Neighborhood: 02865

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $639,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $639,200