1 W Exchange St Unit 1901 Providence, RI 02903
Downtown Providence Neighborhood
1
Bed
1
Bath
783
Sq Ft
$871/mo
HOA Fee
Highlights
- Private Lot
- Recreation Facilities
- Balcony
- Marble Flooring
- Business Center
- 3-minute walk to Burnside Park
About This Home
As of February 2025Experience the epitome of luxury living at The Residences with this stunning north-facing condo. With breathtaking views of the iconic State House and the vibrant WaterFire events, you will enjoy the scenery from the comfort of your spacious private balcony. Step into a beautifully appointed home featuring a gourmet kitchen with sleek granite countertops, top-of-the-line stainless steel appliances, and elegant crown molding. The views continue into the bedroom and an expansive walk-in closet provides ample storage. The marble bathroom is a spa-like retreat, complete with double sinks, and the convenience of in-unit laundry makes life easier. Included in the sale is a coveted parking space in the building's private garage. Whether this is for full-time living, or a perfect Pied- -terre to visit the city, The Residences redefine downtown living with full-service amenities. Expect 24-hour concierge service, a state-of-the-art gym, and indoor access to the Omni Providence Hotel, Providence Place Mall, upscale dining, sporting events, and more. This location is amazing for enjoying our creative, foodie city. The convenience of being .5 mile to the train station means you have easy access to both Boston and NYC.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,071
Year Built
- Built in 2007
Lot Details
- Security Fence
- Secluded Lot
HOA Fees
- $871 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 783 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Unfinished Basement
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Accessibility Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
Additional Features
- Balcony
- Property near a hospital
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 1WESTEXCHANGEST1901PROV
Community Details
Overview
- Association fees include hot water, parking, sewer, security, water
- 103 Units
- Downcity Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
- Business Center
Recreation
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Feb 26, 2025
Sold by
Goldman Idliko
Bought by
Laurie John
Seller's Agent
Kimberly Marion
Engel & Volkers
Buyer's Agent
Kimberly Marion
Engel & Volkers
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Total Days on Market
99
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$456,000
Outstanding Balance
$455,588
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$31,617
Purchase Details
Closed on
May 17, 2022
Sold by
Simpson Derek
Bought by
Goldman Ildiko
Purchase Details
Listed on
Aug 25, 2021
Closed on
Dec 1, 2021
Sold by
Moutoudis Ionnis D
Bought by
Simpson Derek
Seller's Agent
Joshua Deaner
Mott & Chace Sotheby's Intl.
Buyer's Agent
Hogan Simpson Group
Engel & Volkers
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$300,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 23, 2018
Closed on
Nov 21, 2018
Sold by
Valentine R Ferraris R R and Valentine Ferraris
Bought by
Moutoudis Ioannis D
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$389,000
Sold Price
$352,000
Premium/Discount to List
-$37,000
-9.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Purchase Details
Closed on
Aug 10, 2010
Sold by
Ferraris Valentine R
Bought by
Valentine R Derraris R
Purchase Details
Closed on
Dec 14, 2007
Sold by
Pri 19 Lp
Bought by
Ferraris Valentine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Map
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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
Similar Homes in Providence, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Available | |
| Warranty Deed | $480,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $375,000 | None Available | |
| Warranty Deed | $375,000 | None Available | |
| Deed | $352,000 | -- | |
| Deed | $352,000 | -- | |
| Deed | $352,000 | -- | |
| Deed | -- | -- | |
| Deed | $529,900 | -- | |
| Deed | $529,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,000 | Purchase Money Mortgage | |
| Closed | $456,000 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $480,000 | -1.8% | $613 / Sq Ft |
| 12/25/2024 12/25/24 | Pending | -- | -- | -- |
| 12/01/2024 12/01/24 | Price Changed | $489,000 | -2.0% | $625 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $499,000 | +33.1% | $637 / Sq Ft |
| 12/01/2021 12/01/21 | Sold | $375,000 | -5.1% | $479 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $395,000 | +12.2% | $504 / Sq Ft |
| 11/21/2018 11/21/18 | Sold | $352,000 | -9.5% | $450 / Sq Ft |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- |
| 07/23/2018 07/23/18 | For Sale | $389,000 | 0.0% | $497 / Sq Ft |
| 08/21/2017 08/21/17 | Rented | $4,250 | 0.0% | -- |
| 07/22/2017 07/22/17 | Under Contract | -- | -- | -- |
| 06/08/2017 06/08/17 | For Rent | $4,250 | 0.0% | -- |
| 03/18/2016 03/18/16 | Rented | $4,250 | 0.0% | -- |
| 02/17/2016 02/17/16 | Under Contract | -- | -- | -- |
| 01/22/2016 01/22/16 | For Rent | $4,250 | -- | -- |
Source: State-Wide MLS
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 | $6,967 | $379,700 | $0 | $379,700 |
| 2023 | $6,967 | $379,700 | $0 | $379,700 |
| 2022 | $6,759 | $379,700 | $0 | $379,700 |
| 2021 | $9,377 | $381,800 | $0 | $381,800 |
| 2020 | $9,377 | $381,800 | $0 | $381,800 |
| 2019 | $9,377 | $381,800 | $0 | $381,800 |
| 2018 | $11,263 | $352,400 | $0 | $352,400 |
| 2017 | $11,263 | $352,400 | $0 | $352,400 |
| 2016 | $11,263 | $352,400 | $0 | $352,400 |
| 2015 | $9,321 | $281,600 | $0 | $281,600 |
| 2014 | $9,504 | $281,600 | $0 | $281,600 |
| 2013 | -- | $281,600 | $0 | $281,600 |
Source: Public Records
Source: State-Wide MLS
MLS Number: 1368925
APN: PROV-190143-000000-001901
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