NOT LISTED FOR SALE

1 W Exchange St Unit 2002 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $509,000 - $667,000

1 Bed
1 Bath
978 Sq Ft
$1,028/mo HOA Fee

Last Sold April 29, 2022

Last sale price $500,000 $511 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,785/month

69 Days on Market

Highlights

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

About This Home

As of April 2022

If zen is your thing, look no further--from the thoughtful design to the priceless views, you can't help but fall hard for this spectacular condominium. Recently renovated, Residence 2002 is nestled in the northwest corner of the 20th floor, and is the largest 1-bedroom floor plan at The Residences. The kitchen has ample space for a cozy home office with an inspiring State House view, as well as all of the necessities to bring out the gourmet chef in you. The waterfall counter separating the kitchen and dining area offers bar seating, and beyond the dining area you are welcomed into the spacious living room - perfect for both entertaining and enjoying some down time. From there, head on over to the balcony to take in the jaw-dropping sunsets! The bedroom easily fits a king bed, and its closet captures every nook and cranny of storage space. You'll feel the serene vibe as you continue into the large bathroom with walk-in shower, soaking tub, double sinks, and built-in cabinetry. One deeded parking space in the enclosed garage transfers with the sale. Located in the heart of downtown, the dining and entertainment options are endless. The condo tower is connected via indoor access to the mall, civic center, and more. The Residences Providence is known for its stellar concierge team available around the clock. You'll wonder how you ever functioned without them!

Last Agent to Sell the Property

Hogan Simpson Group

Engel & Volkers Oceanside Listed on: 01/26/2022

Last Buyer's Agent

Joshua Cullion

Mott & Chace Sotheby's Intl. License #REB.0016942

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 2007

HOA Fees

  • $1,028 Monthly HOA Fees

Parking

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

Home Design

  • 978 Sq Ft Home
  • Entry on the 20th floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • 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
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Security Fence
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 1WESTEXCHANGEST2002PROV

Community Details

Overview

  • 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
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,122

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,028 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Omni Hotel / Downtown
  • Above Grade Finished Sq Ft: 978.0
  • Architectural Style: High Rise
  • Building Name: The Residences Providence
  • Entry Level: 20
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Marble, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 978.0
  • Stories: 32
  • ResoLivingAreaSource: Builder

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: 1.0
  • Garage Spaces: 1.0
  • 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, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water 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, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Indoor Pool, Maintenance, Pool, Restaurant, Spa/Hot Tub, Concierge
  • Association Fee: 1028.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Green Features

  • Green Location: Public Transportation,Walkability

Lot Info

  • Parcel #: 1WESTEXCHANGEST2002PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 98

Tax Info

  • Tax Annual Amount: 6122.0
  • Tax Lot: 143
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Weisman Tony G and Weisman Tracy B
Bought by
Tony G Weisman T
Current Estimated Value
$604,222

Purchase Details

Listed on
Feb 22, 2020
Closed on
Mar 23, 2020
Sold by
Irzhevsky Victoria
Bought by
Weisman Tony G and Weisman Tracy B
Seller's Agent
Pamela Hogan
Pam Hogan Homes LLC
Buyer's Agent
Pamela Hogan
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 29, 2017
Sold by
Demauro Gina A
Bought by
Irzhevsky Victoria
Seller's Agent
Rental Agent Bob Walsh
Compass
Buyer's Agent
John Dolan
Dolan O'Rourke Real Estate Svc
List Price
$427,500
Sold Price
$405,000
Premium/Discount to List
-$22,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$283,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tony G Weisman T -- None Available
Weisman Tony G $480,000 None Available
Irzhevsky Victoria $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irzhevsky Victoria $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $500,000 -8.3% $511 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $545,000 +13.5% $557 / Sq Ft
04/03/2020 04/03/20 Sold $480,000 -1.8% $491 / Sq Ft View Prior Sale
03/04/2020 03/04/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $489,000 +20.7% $500 / Sq Ft
06/29/2017 06/29/17 Sold $405,000 -5.3% $414 / Sq Ft View Prior Sale
05/30/2017 05/30/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $427,500 -- $437 / 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 $6,907 $473,100 $0 $473,100
2024 $8,193 $446,500 $0 $446,500
2023 $8,193 $446,500 $0 $446,500
2022 $7,948 $446,500 $0 $446,500
2021 $10,200 $415,300 $0 $415,300
2020 $9,986 $406,600 $0 $406,600
2019 $9,986 $406,600 $0 $406,600
2018 $15,155 $474,200 $0 $474,200
2017 $15,155 $474,200 $0 $474,200
2016 $15,155 $474,200 $0 $474,200
2015 $10,486 $316,800 $0 $316,800
2014 $10,692 $316,800 $0 $316,800
2013 $10,692 $316,800 $0 $316,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hogan Simpson Group

    Engel & Volkers Oceanside

  • Joshua Cullion

    Buyer's Agent in 2022

    Joshua Cullion

    Mott & Chace Sotheby's Intl.

    (401) 862-8381

    96 in this area

    268 Total Sales

    Joshua Cullion
    Section Image
  • Pamela Hogan

    Seller's Agent in 2020

    Pamela Hogan

    Pam Hogan Homes LLC

    (401) 486-7715

    1 in this area

    14 Total Sales

    Pamela Hogan
    Section Image
  • John Dolan

    Buyer's Agent in 2017

    John Dolan

    Dolan O'Rourke Real Estate Svc

    (401) 288-3608

    31 Total Sales

    John Dolan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1302248

State-Wide MLS

APN: PROV-190143-000000-002002

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 2002, Providence, RI

Not Listed for Sale

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