NOT LISTED FOR SALE

1 W Exchange St Unit 1707 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $886,000 - $1,111,000

2 Beds
2 Baths
1,480 Sq Ft
$1,647/mo HOA Fee

Last Sold March 22, 2024

Last sale price $800,000 $541 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,346/month

66 Days on Market

Highlights

  • Concierge
  • Indoor Pool
  • Tennis Courts
  • Marina
  • Marble Flooring
  • 3-minute walk to Burnside Park

About This Home

As of March 2024

Fabulous city views from this sun-drenched corner unit offering sophisticated luxury living in vibrant Downtown Providence. The unique rounded entry foyer ushers you into the stunning open layout including a living room, dining room, and cook's kitchen with a breakfast bar. Beautiful new hardwood floors just installed throughout the condo except in the 2nd bedroom which has new carpeting. The entire wall of living room windows gives you a spectacular view east to picturesque College Hill, while the dining area, kitchen, and primary bedroom all offer wonderful southerly views of Downtown, the Jewelry District, and Narragansett Bay beyond. The well-designed kitchen has a surprising amount of custom cabinetry and expansive granite counters, along with high-end stainless appliances. The primary bedroom features a walk-in closet plus a spacious ensuite bathroom with a soaking tub and a separate stall shower. The cheerful and bright 2nd bedroom or office with quality built-ins and its own walk-in closet is very private, ideally located in a different wing of the condo which has another full bathroom and a laundry area. This impressive condo comes with 2 car parking in the convenient secure integral garage. Enjoy 24-hour concierge services, membership in the Omni Hotel fitness center, along with all the exciting restaurants and shops just outside your door! Property taxes are shown with the Homestead Deduction.

Last Agent to Sell the Property

Gerri Schiffman

Residential Properties Ltd. License #RES.0025339 Listed on: 11/30/2023

Residential Properties Ltd.

Last Buyer's Agent

Angela Gingerella

Westcott Properties License #REB.0013171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,300

Year Built

  • Built in 2007

HOA Fees

  • $1,647 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 17th floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Balcony

Utilities

  • Forced Air Zoned 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 134
  • Assessor Parcel Number 1WESTEXCHANGEST1707PROV

Community Details

Overview

  • Association fees include gas, hot water, ground maintenance, parking, sewer, snow removal, security, trash, water
  • 103 Units
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Concierge
  • Shops
  • Restaurant
  • Public Transportation
  • Business Center

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,300

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,647 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1480.0
  • Architectural Style: High Rise
  • Building Name: The Residences
  • Entry Level: 17
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 2007
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 1480.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Pool Features: Community, Indoor
  • Construction Type: Drywall, Brick
  • Exterior Features: Balcony, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Built In, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Freight Elevator
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Indoor Pool, Maintenance, Pool, Restaurant, Spa/Hot Tub, Concierge
  • Association Fee: 1647.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Gas, Hot Water, Maintenance Grounds, Parking, Sewer, Snow Removal, Security, Trash, Water

Lot Info

  • Parcel #: 1WESTEXCHANGEST1707PROV
  • Zoning: D-1-300
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 103

Tax Info

  • Tax Annual Amount: 11300.0
  • Tax Lot: 134
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Malcolm G Chace T
Bought by
Ri G Chace Ri M and Ri Ma T
Current Estimated Value
$1,034,488

Purchase Details

Closed on
Sep 15, 2011
Sold by
Rec Invesments Llc
Bought by
50 Park Row Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
Pri 21 Lp
Bought by
50 Park Row Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ri G Chace Ri M -- --
50 Park Row Llc -- --
50 Park Row Llc $964,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $800,000 -1.8% $541 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $815,000 -4.0% $551 / Sq Ft
11/30/2023 11/30/23 For Sale $849,000 +5.9% $574 / Sq Ft
07/02/2013 07/02/13 Sold $802,000 +0.9% $542 / Sq Ft View Prior Sale
06/02/2013 06/02/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $795,000 +17.8% $537 / Sq Ft
05/11/2012 05/11/12 Sold $675,000 -15.6% $456 / Sq Ft View Prior Sale
04/11/2012 04/11/12 Pending -- -- --
01/19/2011 01/19/11 For Sale $799,900 -- $540 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $15,029 $1,029,400 $0 $1,029,400
2024 $19,824 $1,080,300 $0 $1,080,300
2023 $19,824 $1,080,300 $0 $1,080,300
2022 $19,229 $1,080,300 $0 $1,080,300
2021 $22,895 $932,200 $0 $932,200
2020 $22,895 $932,200 $0 $932,200
2019 $22,895 $932,200 $0 $932,200
2018 $25,494 $797,700 $0 $797,700
2017 $25,494 $797,700 $0 $797,700
2016 $25,494 $797,700 $0 $797,700
2015 $23,815 $719,500 $0 $719,500
2014 $15,893 $470,900 $0 $470,900
2013 $23,547 $697,700 $0 $697,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gerri Schiffman

    Residential Properties Ltd.

    7 in this area

    287 Total Sales

    Gerri Schiffman
    Section Image

  • A

    Buyer's Agent in 2024

    Angela Gingerella

    Westcott Properties

    (401) 487-4454

    4 in this area

    15 Total Sales

    Angela Gingerella
    Section Image

  • G

    Buyer's Agent in 2013

    Geraldine Schiffman

    Residential Properties, Ltd.

  • M

    Seller's Agent in 2012

    Meredyth Church

    Residential Properties Ltd.

  • C

    Buyer's Agent in 2012

    Christina Ardente

    Residential Properties Ltd.

    (401) 457-1350

    47 Total Sales

    Christina Ardente
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1348939

State-Wide MLS

APN: PROV-190143-000000-001707

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 1707, Providence, RI

Not Listed for Sale

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