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12 Clay Street

12 Clay Street, Central Falls, RI 02863
Property in Central Falls
Sold Aug 12, 2015
$210,000
$214,515 by First Home Mortgage Corp
Mortgage Due Aug 12, 2045
Sold Jul 03, 2014
$49,000
12 Clay Street in Central Falls, RI was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 12 Clay Street has 3,544 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,692 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 Clay Street sold most recently in Jan 1, 1970 for a total of $210,000. If you work out the math, that's approximately a cost of $59.26 per sqft. Before that, the property was also sold for $49,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,316 in taxes each year. The initial year of tax delinquency occurred in 2023. 12 Clay Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,500. If we break it down further, the land itself was valued at $90,700. Improvements to the property, however, were assessed at a total of $249,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,692
  • Total Building Area: 3,544
  • Gross Building Area: 4,742
  • Building Area: 3,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,544
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.062
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : LIMA DAVIDSON D
  • Previous Owner : HZ PROPERTIES LLC
  • Owner Before Previous Owner: VARGAS ANTONIO
  • Owner Before Previous Owner 2: VARGAS MARIBEL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Central Falls School District
  • School Tax School District: CENTRALFALLS SD
  • Census Tract: 010800

Zoning

  • Zoning: R-3

Geography

  • Account Number: 22-0664-99
  • Parcel: CENT M:01 P:231
  • Municipality: CENTRAL FALLS
  • Latitude: 41.8838
  • Longitude: -71.3834

    Address

  • Full Address: 12 Clay St
  • Address - House Number: 12
  • Address - Street Name: Clay
  • Address - Suffix Type: St
  • State: RI
  • City Name: Central Falls
  • Carrier Code: C069
  • 4-Digit Zip Code: 3102
  • Zip Code: 02863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,316
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2945
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 41
  • Final Value: 437,494
  • High Value: 566,377
  • Low Value: 308,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,515
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 12, 2015
  • First Open Lien Mortgage Loan Amount: $214,515
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 12, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,500
  • Assessed Land Value: $90,700
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Recording Date: Aug 12, 2015
  • Current Sale Transaction ID: 1292330682
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 03, 2014
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 12, 2015
  • First Mortgage Loan Amount: $214,515
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 12, 2045

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Frequently Asked Questions

What neighborhood is 12 Clay Street located in?
The 12 Clay Street is a located in the neighborhood of Central Falls in Central Falls, Central Falls.
What is the average sales price for listings in 12 Clay Street?
The average sales price for units in 12 Clay Street is $0 currently.

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