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Sold for $650,000
  • $650,000

    16 Fales St, Central Falls, RI 02863

    7beds
    4,134sqft
    Multi Family
    Built in 1938
    -- sqft lot
    $685,200 Zestimate®
    $157/sqft
    $1,404 Estimated rent

    Home value

    $685,200

    $610,000 - $774,000

    $1,404/mo

    Zestimate® history
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    What's special

    Two-car detached garageGrassy areaFenced-in backyardCharming double parlorsStunning hardwood floorsGenerously sized bedrooms
    Welcome to this meticulously maintained three-family home in the heart of Central Falls! This spacious property boasts a fantastic layout, with the first floor featuring three generously sized bedrooms, while the second and third floors each offer two bedrooms. All three levels are enhanced by charming double parlors and stunning hardwood floors, exuding warmth and character. Natural light floods each unit through numerous windows, creating a bright and inviting atmosphere. The partially finished basement includes a full bathroom and separate washer/dryer hookups for each unit, providing convenience and functionality for all residents. Step outside to discover a fenced-in backyard perfect for entertaining, along with a two-car detached garage and ample additional parking space. The grassy area is ideal for outdoor gatherings and relaxation. Located just moments away from a variety of restaurants, bus routes, schools, and easy highway access, this well-maintained home is truly ready for its new owner. Don't miss the opportunity to invest in this fantastic property! Home is being sold as is!

    Zillow last checked:

    Listing updated:

    Listed by:

    The ALBA Group,

    Innovations Realty

    Bought with:

    Axel Correia, RES.0046156

    Century 21 Limitless Prg

    Source: StateWide MLS RI,MLS#: 1382371MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Space Heater
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior Entry,Partially Finished,Bath/Stubbed,Laundry,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,286
    • Total interior livable area: 4,134 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Fencing: Fenced
    Lot
    • Size: 4,499 sqft
    • Features: Local Historic District, Paved, Sidewalks
    Details
    • Parcel number: CENTM01P2
    • Zoning: R-3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Electric: 100 Amp Service
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Highway Access, Hospital, Interstate, Restaurants, Schools, Near Shopping
    Location
    • Region: Central Falls
    • Subdivision: 40

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    6/30/2025Sold$650,000+8.5%$157/sqft
    Source: StateWide MLS RI #1382371 Report a problem
    4/24/2025Pending sale$599,000$145/sqft
    Source: StateWide MLS RI #1382371 Report a problem
    4/14/2025Listed for sale$599,000$145/sqft
    Source: StateWide MLS RI #1382371 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,827 +101.9%$516,800 +187.4%
    2024$3,382 +7.7%$179,800
    2023$3,139 $179,800
    2022$3,139 -33.2%$179,800 -9.1%
    2021$4,702 +0.3%$197,900
    2020$4,688 -4.3%$197,900
    2019$4,900 +22%$197,900 +29.7%
    2018$4,015 +0.1%$152,600 +0.1%
    2017$4,012 +1.5%$152,500
    2016$3,954 -5.5%$152,500 +0.7%
    2015$4,186 +1.4%$151,500
    2014$4,130 +6%$151,500
    2013$3,897 +25.9%$151,500 +1023.1%
    2012$3,096 +4.2%$13,490 -90%
    2011$2,972 +14.6%$134,900
    2010$2,593 -17%$134,900 -53.5%
    2009$3,124 +2.3%$289,800
    2008$3,054 +3.7%$289,800 +35.4%
    2006$2,946 +5.5%$214,100
    2005$2,792 $214,100
    2004$2,792 +2.5%$214,100 +86.7%
    2003$2,724 $114,700

    Find assessor info on the county website

    Neighborhood: 02863

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $685,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $685,200