1 W Exchange St Unit 1604 Providence, RI 02903
Downtown Providence Neighborhood
2
Beds
3
Baths
2,356
Sq Ft
$2,351/mo
HOA Fee
Highlights
- Concierge
- Marble Flooring
- Thermal Windows
- Indoor Pool
- Balcony
- 3-minute walk to Burnside Park
About This Home
As of July 2023Truly one of a kind, Unit 1604 is an entertainer’s dream home in the sky. Offering 2,356 square feet of open living space, this double unit has every imaginable amenity and has been meticulously renovated from top to bottom. Flanked by 2 master suites, the living space contains an open great room floorplan, including a breakfast room, large living room, formal dining room, wine/coffee bar and an office/den that all together span an impressive 56 feet in length. The kitchen features a new Subzero refrigerator, a Wolf cooktop, prep sink, quartz countertops and a marble backsplash. The large formal dining area is a stunning entertaining room and flows directly into a bar area with marble countertops, custom mirrored shelving, a new built-in Wolf coffee maker, 146 bottle Subzero wine cooler, and double Thermador refrigerator drawers. The living area provides plenty of space and a wall of windows overlooking the Providence skyline. The spacious master suite offers a spa-like bathroom, walk-in closet, and views south, towards the bay. The large den, with a wall of sliding glass doors, is the perfect spot for your home office. The second master bedroom features a walk in closet, a large bathroom with separate tub & shower, and a second laundry area. A third full marble bath rounds out the living space. This stunning unit conveys with 3 coveted parking spaces in The Residences secure, private garage. This is true luxury living in Providence’s only full amenity high-rise building.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0044977 Listed on: 06/20/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,003
Year Built
- Built in 2007
HOA Fees
- $2,351 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Driveway
- Assigned Parking
Home Design
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 2,356 Sq Ft Home
- 1-Story Property
- Wet Bar
- Thermal Windows
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Indoor Pool
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- 100 Amp Service
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Security Fence
- Property near a hospital
Listing and Financial Details
- Tax Lot 143
- Assessor Parcel Number 1WESTEXCHANGEST1604PROV
Community Details
Overview
- 98 Units
- On-Site Maintenance
- Maintained Community
Amenities
- Concierge
- Shops
- Restaurant
- Public Transportation
Recreation
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Jun 17, 2023
Sold by
Mckay James
Bought by
Michael J Huber Irt and Huber
Seller's Agent
Renato De Lima
Innovations Realty
Buyer's Agent
Barbara Dacey
Residential Properties Ltd.
List Price
$1,050,000
Sold Price
$1,040,000
Premium/Discount to List
-$10,000
-0.95%
Views
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,916
Avg. Annual Appreciation
13.75%
Purchase Details
Listed on
Jun 20, 2020
Closed on
Oct 1, 2020
Sold by
Simpson Derek
Bought by
Mckay James
Seller's Agent
Derek Simpson
Residential Properties Ltd.
Buyer's Agent
Renato De Lima
Innovations Realty
List Price
$1,635,000
Sold Price
$1,400,000
Premium/Discount to List
-$235,000
-14.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.04%
Purchase Details
Listed on
Oct 29, 2019
Closed on
Oct 28, 2019
Sold by
Meer Omar
Bought by
Simpson Derek
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$805,000
Sold Price
$805,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.31%
Original Mortgage
$867,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 29, 2019
Closed on
Oct 25, 2019
Sold by
1604 West Exchange Llc
Bought by
Simpson Derek
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$805,000
Sold Price
$805,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 25, 2013
Closed on
Jan 15, 2014
Sold by
Oak Homes Llc
Bought by
1604 W Exchange Llc
Seller's Agent
Michael Furia
Anderson Davis, Inc
Buyer's Agent
Rental Agent Bob Walsh
Compass
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Purchase Details
Closed on
Aug 23, 2013
Sold by
Arca Ruben H
Bought by
1 Oak Homes Llc
Purchase Details
Closed on
Jan 12, 2012
Sold by
Castillo Vania and Providence City Of
Bought by
Neboa Juan S
Purchase Details
Closed on
Aug 10, 2011
Sold by
Arca Elizabeth
Bought by
Castillo Vania
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,040,000 | None Available | |
| Condominium Deed | $1,400,000 | None Available | |
| Condominium Deed | $352,000 | -- | |
| Warranty Deed | $805,000 | -- | |
| Warranty Deed | $805,000 | -- | |
| Warranty Deed | $550,000 | -- | |
| Foreclosure Deed | $467,000 | -- | |
| Deed | $3,193 | -- | |
| Deed | $3,193 | -- | |
| Deed | $1,355 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $867,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2023 07/25/23 | Sold | $1,040,000 | -1.0% | $441 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $1,050,000 | -25.0% | $446 / Sq Ft |
| 10/01/2020 10/01/20 | Sold | $1,400,000 | -14.4% | $594 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 06/20/2020 06/20/20 | For Sale | $1,635,000 | +103.1% | $694 / Sq Ft |
| 10/29/2019 10/29/19 | Sold | $805,000 | 0.0% | $544 / Sq Ft |
| 10/29/2019 10/29/19 | For Sale | $805,000 | +46.4% | $544 / Sq Ft |
| 01/15/2014 01/15/14 | Sold | $550,000 | -4.3% | $372 / Sq Ft |
| 12/16/2013 12/16/13 | Pending | -- | -- | -- |
| 11/25/2013 11/25/13 | For Sale | $575,000 | -- | $389 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $22,708 | $1,237,500 | $0 | $1,237,500 |
| 2023 | $22,708 | $1,237,500 | $0 | $1,237,500 |
| 2022 | $22,028 | $1,237,500 | $0 | $1,237,500 |
| 2021 | $23,003 | $936,600 | $0 | $936,600 |
| 2020 | $23,003 | $936,600 | $0 | $936,600 |
| 2019 | $15,829 | $644,500 | $0 | $644,500 |
| 2018 | $22,819 | $714,000 | $0 | $714,000 |
| 2017 | $22,819 | $714,000 | $0 | $714,000 |
| 2016 | $22,819 | $714,000 | $0 | $714,000 |
| 2015 | $13,670 | $413,000 | $0 | $413,000 |
| 2014 | $13,939 | $413,000 | $0 | $413,000 |
| 2013 | $13,939 | $413,000 | $0 | $413,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Renato De Lima
Innovations Realty
(401) 723-3312
2 in this area
180 Total Sales
-
Buyer's Agent in 2023
Barbara Dacey
Residential Properties Ltd.
(401) 553-6322
1 in this area
136 Total Sales
-
D
Seller's Agent in 2020
Derek Simpson
Residential Properties Ltd.
(401) 487-2620
9 in this area
36 Total Sales
-
Seller's Agent in 2019
Pamela Hogan
Pam Hogan Homes LLC
(401) 486-7715
1 in this area
14 Total Sales
-
M
Seller's Agent in 2014
Michael Furia
Anderson Davis, Inc
(401) 527-7056
3 Total Sales
-
R
Buyer's Agent in 2014
Rental Agent Bob Walsh
Compass
(401) 274-1644
11 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1256886
APN: PROV-190143-000000-001604
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