Check Availability

587 Wood Street

587 Wood Street, Bristol, RI 02809
Property in Bristol
Local assessors in Bristol, RI have categorized 587 Wood Street as a commercial type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 5,937 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Residents rely on air conditioning for their cooling system. The home's a space/suspended heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 587 Wood Street was last sold in Jan 1, 1970 for $250,000. According to our calculations, that's $892.86 per sqft. Current property owners are expected to pay $4,842 in taxes per year. The property on 587 Wood Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $362,400. To break that down further, the land itself was valued at $135,900. While improvements to the property were assessed at a total of $226,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,937
  • Total Building Area: 280
  • Gross Building Area: 280
  • Building Area: 280
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Space/suspended
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.136
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • County Land Use Code: Road (right-of-way)

Ownership

  • Current Owner : CORDEIRO MICHAEL
  • Current Owner 2: CORDEIRO DEBORAH
  • Previous Owner : DOCOUTO MANUEL
  • Previous Owner 2: DOCOUTO ROSA

Neighborhood

  • School District Name: Bristol-Warren Regional School District
  • School Tax School District: BRSTLWARRN RGNL
  • Census Tract: 030700

Zoning

  • Zoning: LB

Geography

  • Account Number: 1065
  • Parcel: BRIS M:17 L:12
  • Lot: 12
  • Municipality: BRISTOL
  • Latitude: 41.676
  • Longitude: -71.2733

    Address

  • Full Address: 587 Wood St
  • Address - House Number: 587
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: RI
  • City Name: Bristol
  • Carrier Code: C010
  • 4-Digit Zip Code: 2326
  • Zip Code: 02809

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: CENTREVILLE BANK
  • First Open Lien Mortgage Recording Date: Mar 12, 2024
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 300
  • 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: Apr 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,400
  • Assessed Land Value: $135,900
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Recording Date: Apr 08, 2011
  • Current Sale Transaction ID: 1200822160
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MANUEL DOCOUTO
  • First Mortgage Transaction Date: Apr 08, 2011
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 08, 2026

About Bristol



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 587 Wood Street located in?
The 587 Wood Street is a located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 587 Wood Street?
The average sales price for units in 587 Wood Street is $0 currently.

Quantcast