NOT LISTED FOR SALE

1 W Exchange St Unit 2201 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $752,393 - $906,000

2 Beds
2 Baths
1,161 Sq Ft
$1,192/mo HOA Fee

Last Sold June 04, 2021

Last sale price $618,000 $532 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,064/month

86 Days on Market

Highlights

  • Concierge
  • Marble Flooring
  • Business Center
  • Indoor Pool
  • Recreation Facilities
  • 3-minute walk to Burnside Park

About This Home

As of June 2021

Sold Before Print

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 02/08/2021

Engel & Volkers Oceanside

Last Buyer's Agent

Nancy Lerner

Coldwell Banker Realty License #RES.0035687

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,147

Year Built

  • Built in 2007

HOA Fees

  • $1,192 Monthly HOA Fees

Parking

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

Home Design

  • 1,161 Sq Ft Home
  • Entry on the 22nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

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 Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System

Additional Features

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

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 1WESTEXCHANGEST2201PROV

Community Details

Overview

  • 98 Units
  • Downtown Providence Subdivision
  • On-Site Maintenance
  • Maintained Community
  • 1-Story Property

Amenities

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

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,147

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,192 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Downtown Providence
  • Above Grade Finished Sq Ft: 1161.0
  • Architectural Style: High Rise
  • Building Name: The Residences Providence
  • Entry Level: 22
  • 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, Disposal, Microwave, Oven, Range, Refrigerator, 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: Carpet, Hardwood, Marble
  • Interior Amenities: Bathtub, Tub Shower, Elevator
  • Living Area: 1161.0
  • 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, Highway Access, 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: 1192.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Green Features

  • Green Location: Public Transportation,Walkability

Lot Info

  • Parcel #: 1WESTEXCHANGEST2201PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 98

Tax Info

  • Tax Annual Amount: 6147.0
  • Tax Lot: 143
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 25, 2021
Sold by
Florio Anthony M
Bought by
Providence 2201 Llc
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Nancy Lerner
Coldwell Banker Realty
List Price
$630,000
Sold Price
$618,000
Premium/Discount to List
-$12,000
-1.9%
Current Estimated Value
$800,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,598
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
May 19, 2017
Closed on
Feb 28, 2018
Sold by
Robert A Kolb Lt and Kolb Robert A
Bought by
Florio Anthony M
Seller's Agent
Angela Gingerella
Westcott Properties
Buyer's Agent
Angela Gingerella
Westcott Properties
List Price
$599,900
Sold Price
$475,000
Premium/Discount to List
-$124,900
-20.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$380,000
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2011
Sold by
Pri 19 Lp
Bought by
Kolb Robert and Kolb Sheila
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
Providence 2201 Llc $618,000 None Available
Florio Anthony M $475,000 --
Kolb Robert $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florio Anthony M $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $618,000 -1.9% $532 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $630,000 +32.6% $543 / Sq Ft
02/28/2018 02/28/18 Sold $475,000 -20.8% $409 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
05/19/2017 05/19/17 For Sale $599,900 -- $517 / 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 $8,074 $553,000 $0 $553,000
2024 $8,801 $479,600 $0 $479,600
2023 $8,801 $479,600 $0 $479,600
2022 $8,537 $479,600 $0 $479,600
2021 $10,242 $417,000 $0 $417,000
2020 $10,242 $417,000 $0 $417,000
2019 $10,242 $417,000 $0 $417,000
2018 $18,339 $573,800 $0 $573,800
2017 $18,339 $573,800 $0 $573,800
2016 $18,339 $573,800 $0 $573,800
2015 $11,575 $349,700 $0 $349,700
2014 $11,802 $349,700 $0 $349,700
2013 $11,802 $349,700 $0 $349,700
Source: Public Records

Agents Affiliated with this Home

  • The DiSpirito Team

    Seller's Agent in 2021

    The DiSpirito Team

    Engel & Volkers Oceanside

    (401) 244-8355

    3 in this area

    472 Total Sales

    The DiSpirito Team
    Section Image
  • Nancy Lerner

    Buyer's Agent in 2021

    Nancy Lerner

    Coldwell Banker Realty

    (401) 741-0301

    1 in this area

    17 Total Sales

    Nancy Lerner
    Section Image

  • A

    Seller's Agent in 2018

    Angela Gingerella

    Westcott Properties

    (401) 487-4454

    4 in this area

    15 Total Sales

    Angela Gingerella
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1274985

State-Wide MLS

APN: PROV-190143-000000-002201

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 2201, Providence, RI

Not Listed for Sale

Condos

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