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Sold for $641,000
  • $641,000

    563 Putnam Pike, Smithfield, RI 02828

    4beds
    2,494sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $656,900 Zestimate®
    $257/sqft
    $2,143 Estimated rent

    Home value

    $656,900

    $585,000 - $742,000

    $2,143/mo

    Zestimate® history
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    What's special

    In-unit laundryStrong curb appealGrand foyerStylish bathModern finishes throughoutStainless-steel appliances
    This beautiful multi-family offers strong curb appeal, exceptional upside, and a rare nearly-acre lot for outdoor enjoyment. WOOOW! Two distinct units — each with its own character, privacy, and income potential. The first-floor residence is recently vacant and freshly renovated, bright, and open. The kitchen stuns with granite countertops, stainless-steel appliances, and modern finishes throughout. A spacious living room, stylish bath, and in-unit laundry make this the definition of turnkey. Upstairs is quite charming with spacious rooms, in-unit laundry and a grand foyer. Perfect for the investor looking for consistency — or for an owner-occupant who wants to live in one unit while someone else pays the mortgage. Contact us today, don't let your chance at generational wealth pass you by!

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Aceto 401-464-2617,

    Smith and Oak Real Estate Co.,

    Trinity Greene 401-451-2394,

    Smith and Oak Real Estate Co.

    Bought with:

    Yohanny Pujols, RES.0049544

    Palma Realty Corporation

    Source: StateWide MLS RI,MLS#: 1406846MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Electric, Oil, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Stairs, Insulation (Unknown), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Parquet, Wood
    • Basement: Full,Interior Entry,Unfinished,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 3,872
    • Total interior livable area: 2,494 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.74 Acres
    Details
    • Parcel number: SMITM06B000L010U
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Shingles, Wood
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Restaurants, Schools, Near Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Smithfield

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $544,300
    • Annual tax amount: $6,744
    • Date on market: 3/18/2026
    • Total actual rent: 1800
    • Tenant pays: Hot Water, Heat

    Price history

    DateEventPrice
    4/27/2026Sold$641,000+3.6%$257/sqft
    Source: StateWide MLS RI #1406846 Report a problem
    3/25/2026Pending sale$619,000$248/sqft
    Source: StateWide MLS RI #1406846 Report a problem
    3/18/2026Listed for sale$619,000-0.9%$248/sqft
    Source: StateWide MLS RI #1406846 Report a problem
    2/3/2026Listing removed$624,900$251/sqft
    Source: StateWide MLS RI #1398954 Report a problem
    1/28/2026Pending sale$624,900$251/sqft
    Source: StateWide MLS RI #1398954 Report a problem
    12/12/2025Price change$624,900-0.8%$251/sqft
    Source: StateWide MLS RI #1398954 Report a problem
    10/28/2025Price change$629,900-10%$253/sqft
    Source: StateWide MLS RI #1398954 Report a problem
    10/8/2025Listed for sale$699,900+141.3%$281/sqft
    Source: StateWide MLS RI #1397159 Report a problem
    5/18/2025Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    5/13/2025Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    7/27/2018Sold$290,000-25.6%$116/sqft
    Source: Public Record Report a problem
    5/24/2008Listing removed$389,901$156/sqft
    Source: Listhub #833961 Report a problem
    2/15/2008Listed for sale$389,901+205.8%$156/sqft
    Source: Listhub #833961 Report a problem
    7/5/1995Sold$127,500$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,744 +25.9%$544,300 +46.7%
    2024$5,357 +5.2%$371,000
    2023$5,090 +2.7%$371,000
    2022$4,957 +6.6%$371,000 +36.7%
    2021$4,649 0%$271,400
    2020$4,649 +1.9%$271,400
    2019$4,562 +18.7%$271,400 +24%
    2018$3,842 +0%$218,800
    2017$3,842 +4.9%$218,800
    2016$3,661 -9.2%$218,800 -4.6%
    2015$4,031 +2.1%$229,400 -6.9%
    2012$3,949 +0.7%$246,500 -0.4%
    2011$3,923 +1.7%$247,500
    2010$3,859 -8.2%$247,500 -17.7%
    2009$4,205 +2.2%$300,800
    2008$4,115 +3.4%$300,800
    2007$3,980 +5.9%$300,800 +23.2%
    2006$3,759 +4.9%$244,100
    2005$3,583 +5.2%$244,100
    2004$3,405 $244,100
    Find assessor info on the county website

    Neighborhood: 02828

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $656,900
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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
    $656,900