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7 Summer St

Central Falls, RI 02863

4 bd 2 ba 2,331 sqft Built 1900 Lot 2,045 sqft multi_family
Most recent sale
$130,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $130,000 MLS #1295505
Jan 26, 2022 Price changed $170,000 MLS #1295505
Nov 15, 2021 Price changed $195,000 MLS #1295505
Oct 5, 2021 Listed $199,900 MLS #1295505
May 25, 2020 Sold $105,000 MLS #1252541
Apr 29, 2020 Listed $119,900 MLS #1252541

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,300 $92,600 $330,900 $4,371
2023 $151,900 $67,800 $219,700 $4,075
2022 $152,600 $67,800 $220,400 $3,848
2021 $63,500 $23,500 $87,000 $2,067
2020 $63,500 $23,500 $87,000 $2,061
2019 $101,900 $23,500 $125,400 $3,105
2018 $78,200 $22,600 $100,800 $2,652
2017 $78,200 $22,600 $100,800 $2,652
2016 $78,200 $22,600 $100,800 $2,614
2015 $69,400 $21,300 $90,700 $2,506
2014 $69,400 $21,300 $90,700 $2,472
2013 $69,400 $21,300 $90,700 $2,333
2006 $94,000 $20,300 $114,300 $1,573

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,331 sqft
Lot size
2,045 sqft
ZIP code
02863
City
Central Falls
Street
Summer St
Coordinates
41.88770, -71.39079

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7 Summer St last sell?
7 Summer St most recently sold on Apr 21, 2022 for $130,000.
What is the current tax assessment for 7 Summer St?
The most recent total assessment for 7 Summer St (year 2025) is $330,900 with $4,371 in property tax.
How does 7 Summer St's assessment compare to its last sale price?
The current assessment is 154.5% above the last sale price of $130,000.
When was 7 Summer St built?
7 Summer St was built in 1900.
How does 7 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 7 Summer St?
7 Summer St is a 4 bed, 2 bath, 2,331 sqft, 2,045 sqft lot multi_family.
Is 7 Summer St a flip candidate?
Yes — 7 Summer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7 Summer St a tax-appeal candidate?
No — 7 Summer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.6%
Implied 1-yr
+18.4%
2025 Q4
$645.6K
2026 Q1
$668.4K
ZIP 02863 — Median Price History + Forecast

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