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508 Elm Street

508 Elm Street, Woonsocket, RI 02895
Property in Woonsocket
Sold Apr 01, 2022
$400,000
Buyer
$438,750 by Rflf 7 Llc
Mortgage Due Sep 01, 2053
Sold Dec 16, 2019
$300,000
$170,000 by Ryan Schreffler
Mortgage
508 Elm Street in Woonsocket, RI was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 17 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 508 Elm Street has 3,584 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. The basement is 1,768 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 4,464 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. 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 wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. The property was last sold in Mar 31, 2022 for $400,000. That's $111.61 per sqft. Prior to that sales transaction, the property was also sold in Dec 16, 2019 for $300,000. 508 Elm Street was last assessed in 2023. The total value of the property was assessed at $412,200. Specifically, the land the property is located on was valued at $87,200. While improvements on the property were assessed at a total of $325,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,763. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 5
  • Basement Type: Finished improved basement
  • Basement Area: 1,768
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,464
  • Total Building Area: 3,584
  • Gross Building Area: 6,120
  • Building Area: 3,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,584
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.102
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : LIVIN LLC
  • Previous Owner : TORREY SAMUEL S
  • Owner Before Previous Owner: SCHREFFLER RYAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Woonsocket School District
  • School Tax School District: WOONSOCKET SD
  • Census Tract: 018200

Zoning

  • Zoning: MU1

Geography

  • Account Number: 900734
  • Parcel: WOON M:36C L:243 U:1
  • Lot: 243
  • Municipality: WOONSOCKET
  • Latitude: 42.0078
  • Longitude: -71.4947

    Address

  • Full Address: 508 Elm St
  • Address - House Number: 508
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C019
  • 4-Digit Zip Code: 9309
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,763
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 525,510
  • High Value: 669,420
  • Low Value: 381,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,750
  • First Open Lien Mortgage Lender: RFLF 7 LLC
  • First Open Lien Mortgage Recording Date: Aug 23, 2023
  • First Open Lien Mortgage Loan Amount: $438,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,200
  • Assessed Land Value: $87,200
  • Assessed Improvements Value: $325,000

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11884162533
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221050
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Dec 16, 2019
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORMAND JOLICOEUR
  • First Mortgage Transaction Date: Apr 01, 2022
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: RYAN SCHREFFLER
  • Previous Mortgage Transaction Date: Dec 16, 2019
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Woonsocket



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Nearby Rentals

Unit for rent at 604 Blackstone Street, Woonsocket, RI, 02895

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 700 ft²
604 Blackstone Street, Woonsocket, RI, 02895 Listing by James Jodoin

Frequently Asked Questions

What neighborhood is 508 Elm Street located in?
The 508 Elm Street is a located in the neighborhood of Woonsocket in Woonsocket, Woonsocket.
What is the average sales price for listings in 508 Elm Street?
The average sales price for units in 508 Elm Street is $0 currently.

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