RENTED AUG 15, 2025

1 W Exchange St Unit 2107 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $497,000 - $592,000

1 Bed
1 Bath
765 Sq Ft
$687/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $409,000 $535 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,203/month

Highlights

  • Golf Course Community
  • Furnished
  • 1 Car Attached Garage
  • Marble Flooring
  • Recreation Facilities
  • 3-minute walk to Burnside Park

About This Home

As of August 2025

Welcome to sophisticated city living high above the heart of Downtown Providence. Located on the 21st floor of The Residences Providence, this fully furnished and thoughtfully equipped rental offers an exceptional blend of style, convenience, and city living. Expansive southern views that showcase the downtown skyline are best enjoyed from the spacious private terrace, accessed from both the living room and bedroom. The interior features an open, sunlit layout designed for both everyday living and entertaining. The living area flows seamlessly into a well-appointed kitchen. The bedroom includes a generous walk-in closet and direct access to the terrace. The renovated marble bathroom includes a separate soaking tub and shower, a private water closet, and elegant finishes throughout. Additional amenities include in-unit laundry, smart-enabled lighting, electronic blinds, custom accent walls, multiple televisions, newer carpeting, and a Peloton bike. With concierge services included and parking available for $250 per month, this turnkey residence offers a relaxed yet refined lifestyle in one of Providence's premier addresses.

Last Agent to Rent the Property

Stephen Gaskin

Residential Properties Ltd. License #RES.0048283 Listed on: 05/14/2025

Residential Properties Ltd.

Last Renter's Agent

Angela Gingerella

Westcott Properties License #REB.0013171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 2007

Parking

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

Home Design

  • Entry on the 21st floor
  • Brick Exterior Construction

Interior Spaces

  • 765 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Furnished

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Security Fence
  • Property near a hospital

Listing and Financial Details

  • Property Available on 8/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 1WESTEXCHANGEST2107PROV

Community Details

Overview

  • Property has a Home Owners Association
  • Downtown Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-08-01
  • Security Deposit: 3950.0

Listing Details

  • Prop. Type: Residential Lease
  • Inclusions: Tenant may elect to include additional utilities not already covered by the Landlord for an additional fee of $450 per month.
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 765.0
  • Architectural Style: High Rise
  • Building Name: The Residences
  • Entry Level: 21
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 2007
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • 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, Stall Shower, Tub Shower, Elevator, Furnished, Cable TV
  • Living Area: 765.0
  • Stories: 1

Exterior Features

  • Fencing: Security
  • Construction Type: Drywall, Brick

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Freight Elevator
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gas, Hot Water, Laundry Facilities, Sewer, Snow Removal, Security System, Trash Collection, Water
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 1WESTEXCHANGEST2107PROV

Multi Family

  • Number Of Units In Community: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 19, 2021
Sold by
Otoole Brian A
Bought by
Tellarico Christopher
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
James McAndrew
Teri Degnan RE & Consulting
List Price
$429,900
Sold Price
$409,000
Premium/Discount to List
-$20,900
-4.86%
Current Estimated Value
$525,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,679
Avg. Annual Appreciation
5.70%
Original Mortgage
$249,000
Outstanding Balance
$225,656
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,023

Purchase Details

Closed on
May 31, 2018
Sold by
Otoole Brian A and Stgermain Thomas R
Bought by
Otoole Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,125
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jun 5, 2017
Sold by
Chen Xinan
Bought by
Otoole Brian A and St Germain Thomas R
Seller's Agent
Celia Almonte
Residential Properties Ltd.
Buyer's Agent
Pamela Hogan
Pam Hogan Homes LLC
List Price
$367,500
Sold Price
$367,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$49,125
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Tellarico Christopher $409,000 None Available
Otoole Brian A -- --
Otoole Brian A $367,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tellarico Christopher $249,000
Previous Owner Otoole Brian A $349,125
Previous Owner Otoole Brian A $49,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Rented $4,650 +17.7% --
07/21/2025 07/21/25 Under Contract -- -- --
05/14/2025 05/14/25 For Rent $3,950 -6.0% --
09/27/2024 09/27/24 Rented $4,200 +6.3% --
08/16/2024 08/16/24 For Rent $3,950 -6.0% --
08/14/2024 08/14/24 Rented $4,200 +6.3% --
08/01/2024 08/01/24 For Rent $3,950 -6.0% --
07/19/2024 07/19/24 Rented $4,200 +6.3% --
06/05/2024 06/05/24 For Rent $3,950 0.0% --
05/20/2021 05/20/21 Sold $409,000 -4.9% $535 / Sq Ft View Prior Sale
04/20/2021 04/20/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $429,900 +17.0% $562 / Sq Ft
06/05/2017 06/05/17 Sold $367,500 0.0% $480 / Sq Ft View Prior Sale
06/05/2017 06/05/17 For Sale $367,500 -- $480 / 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 $5,214 $357,100 $0 $357,100
2024 $6,226 $339,300 $0 $339,300
2023 $6,226 $339,300 $0 $339,300
2022 $6,040 $339,300 $0 $339,300
2021 $8,304 $338,100 $0 $338,100
2020 $8,304 $338,100 $0 $338,100
2019 $8,304 $338,100 $0 $338,100
2018 $11,144 $348,700 $0 $348,700
2017 $11,144 $348,700 $0 $348,700
2016 $11,144 $348,700 $0 $348,700
2015 $10,466 $316,200 $0 $316,200
2014 $10,672 $316,200 $0 $316,200
2013 $10,672 $316,200 $0 $316,200
Source: Public Records

Agents Affiliated with this Home

  • Stephen Gaskin

    Landlord's Agent in 2025

    Stephen Gaskin

    Residential Properties Ltd.

    (508) 991-0151

    5 in this area

    76 Total Sales

    Stephen Gaskin
    Section Image

  • A

    Tenant's Agent in 2025

    Angela Gingerella

    Westcott Properties

    (401) 487-4454

    4 in this area

    15 Total Sales

    Angela Gingerella
    Section Image

  • D

    Seller's Agent in 2024

    Derek Simpson

    Residential Properties Ltd.

    (401) 487-2620

    9 in this area

    44 Total Sales

    Derek Simpson
    Section Image
  • The DiSpirito Team

    Seller's Agent in 2021

    The DiSpirito Team

    Engel & Volkers Oceanside

    (401) 244-8355

    3 in this area

    468 Total Sales

    The DiSpirito Team
    Section Image

  • J

    Buyer's Agent in 2021

    James McAndrew

    Teri Degnan RE & Consulting

  • Celia Almonte

    Seller's Agent in 2017

    Celia Almonte

    Residential Properties Ltd.

    1 in this area

    12 Total Sales

    Celia Almonte
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1384655

State-Wide MLS

APN: PROV-190143-000000-002107

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 2107, Providence, RI

Not Listed for Sale

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