NOT LISTED FOR SALE

1 W Exchange St Unit 1903 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $476,000 - $658,000

1 Bed
1.5 Baths
876 Sq Ft
$609/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $377,000 $430 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,319/month

Highlights

  • Concierge
  • Golf Course Community
  • Marble Flooring
  • Marina
  • Indoor Pool
  • 3-minute walk to Burnside Park

About This Home

As of April 2023

Unobstructed City Views and Astonishing Sunsets! You'll love coming home to this beautifully furnished, turn-key 1 bed/1.5 bath executive rental at the most exclusive address in Providence! Enjoy the central location walkability, and the best concierge staff in the state, as you live in luxury on the 19th floor of The Residences high-rise. One of the highlights is the gorgeous gourmet kitchen with granite countertops, stylish backsplash, and stainless steel appliances. The large bedroom with generous closet brings the word "zen" to mind. This unit also offers conveniences such as in-unit laundry, 1 full and 1 half bath, a fully outfitted kitchen, and 1 designated parking space in the enclosed garage. All utilities included in rent. Indoor accessibility to the Omni Providence Hotel and its fitness center, the Providence Place Mall, restaurants, movies, concerts, sporting events, and more. Three-month minimum term. (Note: television included but not pictured.)

Last Agent to Rent the Property

Pamela Hogan

Pam Hogan Homes LLC License #REB.0019081 Listed on: 04/06/2023

Last Renter's Agent

Celeste Santilli

BHHS New England Properties License #RES.0041174

BHHS New England Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 2007

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 19th floor
  • Brick Exterior Construction

Interior Spaces

  • 876 Sq Ft Home
  • Furnished

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 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

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Property Available on 4/28/23
  • The owner pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 1WESTEXCHANGEST1903PROV

Community Details

Overview

  • Property has a Home Owners Association
  • 98 Units
  • Omni Hotel / Downtown Subdivision
  • On-Site Maintenance
  • Maintained Community
  • 1-Story Property

Amenities

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

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,228

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2023-04-28

Listing Details

  • Prop. Type: Residential Lease
  • Inclusions: Lease is subject to the rules and regulations of The Residences Providence.
  • Subdivision Name: Omni Hotel / Downtown
  • Above Grade Finished Sq Ft: 876.0
  • Architectural Style: High Rise
  • Building Name: The Residences Providence
  • Entry Level: 19
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment, High Rise
  • Year Built: 2007
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Tub Shower, Elevator, Furnished
  • Living Area: 876.0
  • Stories: 32
  • ResoLivingAreaSource: Builder

Exterior Features

  • Pool Features: Community, Indoor
  • Construction Type: Drywall, Brick
  • Exterior Features: Balcony, Paved Driveway
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Freight Elevator
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Hot Water, Internet, Laundry Facilities, Parking, Pool, Sewer, Snow Removal, Security System, Trash Collection, Cable TV
  • Amenities: Business Center, Indoor Pool, Maintenance, Pool, Restaurant, Spa/Hot Tub, Concierge
  • Association: Yes
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 1WESTEXCHANGEST1903PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Apr 30, 2020
Sold by
Schofield Christopher S
Bought by
Gonzalez and Rico Jorge
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$399,900
Sold Price
$377,000
Premium/Discount to List
-$22,900
-5.73%
Current Estimated Value
$533,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,895
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jul 3, 2018
Sold by
Weinberg Carl
Bought by
Schofield Christopher S
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$395,000
Sold Price
$362,500
Premium/Discount to List
-$32,500
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 12, 2017
Closed on
May 24, 2018
Sold by
Weinberg Carl and Weinberg Lisa
Bought by
Weinberg Carl
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$395,000
Sold Price
$362,500
Premium/Discount to List
-$32,500
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2009
Sold by
Pri 19 Lp
Bought by
Weinberg Carl and Weinberg Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gonzalez $377,000 None Available
Schofield Christopher S $362,500 --
Weinberg Carl -- --
Weinberg Carl $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schofield Christopher S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Rented $3,800 -9.5% --
04/18/2023 04/18/23 Under Contract -- -- --
04/06/2023 04/06/23 For Rent $4,200 +7.7% --
01/24/2023 01/24/23 Rented $3,900 -7.1% --
12/25/2022 12/25/22 Under Contract -- -- --
11/06/2022 11/06/22 For Rent $4,200 +1.2% --
07/17/2022 07/17/22 Rented $4,150 -7.8% --
06/20/2022 06/20/22 For Rent $4,500 0.0% --
05/01/2020 05/01/20 Sold $377,000 -5.7% $430 / Sq Ft View Prior Sale
04/01/2020 04/01/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $399,900 0.0% $457 / Sq Ft
04/11/2019 04/11/19 Rented $4,800 -5.9% --
03/12/2019 03/12/19 Under Contract -- -- --
02/08/2019 02/08/19 For Rent $5,100 0.0% --
07/03/2018 07/03/18 Sold $362,500 -8.2% $414 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $395,000 -- $451 / 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 $6,228 $426,600 $0 $426,600
2024 $6,923 $377,300 $0 $377,300
2023 $6,923 $377,300 $0 $377,300
2022 $6,716 $377,300 $0 $377,300
2021 $8,574 $349,100 $0 $349,100
2020 $8,574 $349,100 $0 $349,100
2019 $8,574 $349,100 $0 $349,100
2018 $11,943 $373,700 $0 $373,700
2017 $11,943 $373,700 $0 $373,700
2016 $11,943 $373,700 $0 $373,700
2015 $9,996 $302,000 $0 $302,000
2014 $10,193 $302,000 $0 $302,000
2013 $10,193 $302,000 $0 $302,000
Source: Public Records

Agents Affiliated with this Home

  • Pamela Hogan

    Landlord's Agent in 2023

    Pamela Hogan

    Pam Hogan Homes LLC

    (401) 486-7715

    1 in this area

    14 Total Sales

    Pamela Hogan
    Section Image
  • Celeste Santilli

    Tenant's Agent in 2023

    Celeste Santilli

    BHHS New England Properties

    (401) 261-4313

    13 Total Sales

    Celeste Santilli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1332952

State-Wide MLS

APN: PROV-190143-000000-001903

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 1903, Providence, RI

Not Listed for Sale

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