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542 Prospect St, Woonsocket, RI, 02895

$589,900

Home List Price

$7,005*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
4,574 SqFt
$129/SqFt
House

Location

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542 Prospect St, Woonsocket$589,900

Buyer Closing Credits

$7,005*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1940
HeatingBaseboard, Oil, Zoned, Pellet Stove
CoolingNone
BasementYes
FireplaceMasonry
MLS #1370382
Lot Size0.35 Acres
StatusActive

About 542 Prospect St

Large Colonial in the desirable Northend of Woonsocket (Blackstone, Ma line). This property boasts over 3,800 sq ft of living space, formal living room, formal dining room, 3 car garage, pellet stove, and more! This home offers 5-6 bedrooms, 3 1/2 baths, and a partly finished basement. This is a home that you truly need to see to appreciate. There is also an opportunity to purchase the additional rear lot(s) that contain a swimming pool, and buildable lot(s). Purchase the additional lot(s) to maximize privacy!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1940
  • Stories: 3
  • Living Area: 4,574 SqFt

Listing Office:

  • Office Name: RIMa Properties
  • Office Phone: (401) 744-6268

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Water Heater, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Other, Carpet
  • Interior: Attic, Bathtub, Cedar Closet(s), Permanent Attic Stairs, Skylights, Tub Shower, Cable TV
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil, Zoned, Pellet Stove
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,900
  • Price Per SqFt: $129/SqFt

Tax Information:

  • Annual Amount: $4,947
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Woonsocket, RI.

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Woonsocket, RI

City

Med. Sold Price

$409K

Med. Price/SqFt

$223

Avg. Days On Market

19

# of Sold Homes

40

542 Prospect St vs Woonsocket

56 DAYS ON ROCKET

+37 Days

$589,900

+$180.8K More

$129/SqFt

-$95 Less

KEY TAKEAWAY

This property is $180.8K more than the Median Sold Price and $95/SqFt less than other homes in Woonsocket, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1370382

Listing Office:

  • Office Name: RIMa Properties
  • Office Phone: (401) 744-6268

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 27, 1988Home Sold
$278,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,947$277,700
2018$6,687$277,700
2017$7,721$256,500

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3504027
3
/10

  • Harris School

  • 60 High School St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-3504028
5
/10

  • Rise Preparatory Mayoral Academy Ele

  • 30 Cumberland St

  • 0.98 miles

  • Public Charter Grades KG-4

school-card-donut-3504029
3
/10

  • Kevin K. Coleman School

  • 96 2nd Ave

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,212. The majority of Woonsocket, RI residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Woonsocket, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Woonsocket, RI.

Woonsocket's housing market is characterized by a blend of historical and contemporary styles, with a significant presence of Victorian and Colonial homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, multi-family residences, and apartment complexes. While single-family homes are prevalent, there is also a substantial number of multi-family units that cater to various housing needs. The homeownership rate in Woonsocket is around 40%, with the remaining 60% of residents opting to rent, indicative of a strong rental market.

What is it like to live in Woonsocket, RI?

Woonsocket is celebrated for its vibrant history and cultural heritage, with a community that prides itself on its strong sense of identity. The city's character is shaped by its historical architecture, local arts scene, and annual events like the Autumnfest that bring the community together. Residents enjoy a variety of local attractions, including the Museum of Work and Culture, which pays homage to the city's industrial past.

Is it easy to get around Woonsocket, RI without a car?

The community is served by a network of public services that includes several public schools, healthcare facilities, and a public library system. Woonsocket's educational landscape comprises elementary, middle, and high schools, as well as options for higher education in nearby areas. Healthcare services are accessible through local clinics and a regional hospital that provides emergency care and specialized treatments. Retail and dining options are plentiful, with a mix of national chains and local establishments that reflect the city's diverse cultural makeup.

Transportation in Woonsocket, RI.

Transportation in Woonsocket is facilitated by a combination of public bus services and a network of major roads that connect the city to the rest of Providence and neighboring states. The public transit system offers routes that cover key areas of the city, with varying schedules to accommodate commuters. Woonsocket's walkability varies by neighborhood, with some areas being more pedestrian-friendly than others. The city's infrastructure also supports cycling, with bike lanes present in certain parts. While ride-sharing services are commonly used, specific brands are not mentioned to maintain neutrality.

Frequently Asked Questions About 542 Prospect St

What is the listing price of this property?

The listing price of 542 Prospect St property is $589,900.

What type of property is this?

The property 542 Prospect St is a house located in Woonsocket, Rhode Island, 02895.

Is this property for sale now?

Active Listing: 542 Prospect St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,947 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 27, 1988 for $278,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 542 Prospect St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 542 Prospect St is 4,574 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 542 Prospect St is 1940.

Rocket Homes›Rhode Island›Providence County›Woonsocket›02895›542 Prospect St

This home is located at 542 Prospect St in Woonsocket, RI and zip code 02895. This 4,574 square foot home, which was built in 1940, sits on a 0.35 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $589,900.

In November 2024, from all listings sold in Woonsocket, RI there were more than 28 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. In November 2024 in Woonsocket, RI there were 7.9% less homes for sale than in October 2024. In November 2024 median list price was $409,062 and the average listing age was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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