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Sold for $400,000
  • $400,000

    287 Illinois St, Central Falls, RI 02863

    5beds
    1,853sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $505,700 Zestimate®
    $216/sqft
    $2,306 Estimated rent

    Home value

    $505,700

    $480,000 - $531,000

    $2,306/mo

    Zestimate® history
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    What's special

    Vinyl flooringAluminum siding
    Come check out this 2 family home as a great investment or owner occupied property. Aluminum siding, and updated 1st floor unit. 1st floor offers 3 bedrooms, 2 full baths (1 in basement & 1 in 1st floor unit), vinyl flooring and stainless steel appliances. 2nd floor unit offers, 2 bedrooms and 1 full bath, 2nd floor unit could used some updating but is fully vacant and will serve as a good unit to be rented out! Basement is partially finished for extra storage space. Back yard offers plenty of privacy and parking for 6-8 cars, 2 car garage for storage or parking. Wood Gazebo will be included in the sale as well. May not qualify for FHA due to roof conditions (negotiations for credits, or roof replacement before closing will be considered with offers).

    Zillow last checked:

    Listing updated:

    Listed by:

    Isaac Alvarenga 774-275-9982,

    Re-Connect, Llc

    Bought with:

    Defni Cruz Palma, RES.0044654

    Realty One Group Executives

    Source: StateWide MLS RI,MLS#: 1337933MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Forced Air
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Oven/Range, Refrigerator
    • Laundry: In Building
    Features
    • Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Vinyl
    • Basement: Full,Interior Entry,Partially Finished,Common,Playroom,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,853
    • Total interior livable area: 1,853 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,000 Square Feet
    • Features: Sidewalks
    Details
    • Parcel number: CENTM04P167
    • Zoning: R-2
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding
    • Foundation: Unknown
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Public School, Schools
    HOA
    • Has HOA: No
    Location
    • Region: Central Falls

    Financial & listing details

    • Price per square foot: $216/sqft
    • Tax assessed value: $369,000
    • Annual tax amount: $3,721
    • Date on market: 9/26/2024
    • Inclusions: Buyer and Buyer agent to verify all information provided. Washer & Dryer in basement along with refrigerator in 1st floor unit are not included in sale. Seller will replace functional refrigerator in 1st floor before closing. May not qualify for FHA due to roof conditions (negotiations for credits, or roof replacement before closing will be considered with offers). Subject to sellers finding suitable housing, sellers currently looking for rental options; not purchasing.
    • Total actual rent: 0

    Price history

    DateEventPrice
    8/3/2023Sold$400,000+14.3%$216/sqft
    Source: StateWide MLS RI #1337933 Report a problem
    6/28/2023Contingent$349,900$189/sqft
    Source: StateWide MLS RI #1337933 Report a problem
    6/19/2023Listed for sale$349,900+75.9%$189/sqft
    Source: StateWide MLS RI #1337933 Report a problem
    3/17/2017Listing removed$198,900$107/sqft
    Source: Hemekedeal Realty, LLC #1152701 Report a problem
    2/24/2017Listed for sale$198,900-26.3%$107/sqft
    Source: Hemekedeal Realty, LLC #1152701 Report a problem
    1/31/2007Sold$270,000+14.9%$146/sqft
    Source: Public Record Report a problem
    9/29/2004Sold$235,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,874 +21.4%$369,000 +72.8%
    2024$4,016 +7.7%$213,500
    2023$3,728 $213,500
    2022$3,728 +17.2%$213,500 +59.4%
    2021$3,181 +0.3%$133,900
    2020$3,172 -4.3%$133,900
    2019$3,315 +32.3%$133,900 +40.7%
    2018$2,505 $95,200
    2017$2,505 +1.5%$95,200
    2016$2,469 +2.7%$95,200 +9.4%
    2015$2,404 +1.3%$87,000
    2014$2,372 +6%$87,000
    2013$2,238 -9.9%$87,000 +704.1%
    2012$2,483 +4.2%$10,820 -90%
    2011$2,384 +14.6%$108,200
    2010$2,080 -12.3%$108,200 -50.8%
    2009$2,373 +2.3%$220,100
    2008$2,320 +42.2%$220,100 +85.7%
    2006$1,631 +5.6%$118,500
    2005$1,545 $118,500
    2004$1,545 -27.7%$118,500 +31.7%
    2003$2,138 $90,000
    Find assessor info on the county website

    Neighborhood: 02863

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $505,700
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    Estimated market value
    $505,700