NOT LISTED FOR SALE

1 W Exchange St Unit 2204 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $694,883 - $796,000

2 Beds
2 Baths
1,161 Sq Ft
$1,292/mo HOA Fee

Last Sold June 28, 2024

Last sale price $685,000 $590 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,954/month

56 Days on Market

Highlights

  • Concierge
  • Marble Flooring
  • Balcony
  • 1.57 Acre Lot
  • Recreation Facilities
  • 3-minute walk to Burnside Park

About This Home

As of June 2024

Indulge in luxurious living at The Residences Providence, where every detail has been considered. Unit 2204 presents a rare opportunity to reside in a corner unit offering 2 bedrooms, 2 full bathrooms, and unparalleled views of the Rhode Island Statehouse, Waterplace Park, and College Hill - home to Brown University. This exquisite residence features not one, but two balconies, providing the perfect setting to soak in the mesmerizing vistas while enjoying your morning coffee or relaxing in the evening. Inside, discover a gourmet kitchen outfitted with premium appliances and sleek finishes. The spacious living area is perfect for both relaxation and entertainment, while the luxurious master suite offers a serene retreat with its ensuite bathroom and ample closet space. Residents of The Residences Providence enjoy access to a suite of full-service amenities, including a 24-hour concierge, fitness center, and secure parking. Located in the heart of the city, this exclusive address provides easy access to downtown Providence's finest dining, shopping, and entertainment options. Don't miss your chance to elevate your lifestyle with this exceptional residence. Schedule your private tour of Unit 2204 today and experience the epitome of luxury living in Providence.

Last Agent to Sell the Property

Steven Ray

Pam Hogan Homes LLC License #RES.0047766 Listed on: 05/02/2024

Last Buyer's Agent

Rita Steele

Geo Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 2007

Lot Details

  • 1.57

HOA Fees

  • $1,292 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • 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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 1EXCHANGEST2204PROV

Community Details

Overview

  • Association fees include gas, heat, hot water, parking, sewer, security, water
  • On-Site Maintenance
  • Maintained Community
  • 1-Story Property

Amenities

  • Concierge
  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,270

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,292 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.5743
  • 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

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, 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: Hardwood, Marble, Carpet
  • Interior Amenities: Tub Shower, Elevator, Cable TV
  • Living Area: 1161.0
  • Stories: 32
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick
  • Exterior Features: Balcony
  • 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: 1.0

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Freight Elevator
  • Cooling: Central Air
  • 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 Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Concierge, Highway Access, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Amenities: Maintenance, Restaurant, Concierge
  • Association Fee: 1292.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Gas, Heat, Hot Water, Parking, Sewer, Security, Water

Lot Info

  • Lot Size Sq Ft: 68576.0
  • Parcel #: 1EXCHANGEST2204PROV
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7270.0
  • Tax Lot: 143
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 25, 2018
Sold by
Perroni Samuel A
Bought by
Pajouh Behzad N and Bonakdar Maryam
Seller's Agent
Scott Halberg
Compass
Buyer's Agent
Joe DeChristofaro
RI Realty Sales & Mgt
List Price
$525,000
Sold Price
$492,000
Premium/Discount to List
-$33,000
-6.29%
Current Estimated Value
$736,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,721
Avg. Annual Appreciation
5.53%
Original Mortgage
$246,000
Outstanding Balance
$208,538
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$528,183

Purchase Details

Closed on
Mar 5, 2013
Sold by
Perroni Patricia A and Perroni Samuel A
Bought by
Perroni Samuel A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pajouh Behzad N $492,000 --
Perroni Samuel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pajouh Behzad N $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $685,000 -2.1% $590 / Sq Ft
05/29/2024 05/29/24 For Sale $700,000 +2.2% $603 / Sq Ft
05/29/2024 05/29/24 Off Market $685,000 -- --
05/02/2024 05/02/24 For Sale $725,000 +47.4% $624 / Sq Ft
05/25/2018 05/25/18 Sold $492,000 -6.3% $424 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $525,000 0.0% $452 / Sq Ft
12/21/2013 12/21/13 Rented $2,900 0.0% --
11/21/2013 11/21/13 Under Contract -- -- --
11/04/2013 11/04/13 For Rent $2,900 -- --
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 $9,398 $643,700 $0 $643,700
2024 $10,203 $556,000 $0 $556,000
2023 $10,203 $556,000 $0 $556,000
2022 $9,897 $556,000 $0 $556,000
2021 $12,118 $493,400 $0 $493,400
2020 $12,118 $493,400 $0 $493,400
2019 $12,118 $493,400 $0 $493,400
2018 $19,080 $597,000 $0 $597,000
2017 $19,080 $597,000 $0 $597,000
2016 $19,080 $597,000 $0 $597,000
2015 $16,315 $492,900 $0 $492,900
2014 $16,635 $492,900 $0 $492,900
2013 $16,635 $492,900 $0 $492,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Steven Ray

    Pam Hogan Homes LLC

    (508) 292-5022

    1 in this area

    8 Total Sales

    Steven Ray
    Section Image

  • R

    Buyer's Agent in 2024

    Rita Steele

    Geo Properties, Inc.

  • R

    Buyer's Agent in 2024

    Rita Danielle Steele

    Steele Realty Consultants LLC

    Section Image
  • Scott Halberg

    Seller's Agent in 2018

    Scott Halberg

    Compass

    (401) 783-9611

    56 Total Sales

    Scott Halberg
    Section Image
  • Joe DeChristofaro

    Buyer's Agent in 2018

    Joe DeChristofaro

    RI Realty Sales & Mgt

    (401) 837-1976

    33 Total Sales

    Joe DeChristofaro
    Section Image
  • Anthony Lemme

    Seller's Agent in 2013

    Anthony Lemme

    Weichert Realtors-Cress & Co.

    (401) 787-0816

    49 Total Sales

    Anthony Lemme
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1358194

State-Wide MLS

APN: PROV-190143-000000-002204

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 2204, Providence, RI

Not Listed for Sale

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