NOT LISTED FOR SALE

1 W Exchange St Unit 2401 Providence, RI 02903

Downtown Providence Neighborhood

Estimated Value: $1,011,000 - $1,054,627

2 Beds
2 Baths
1,416 Sq Ft
$727/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $883,500 $624 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,661/month

About This Home

As of October 2021

Rare opportunity to rent this downtown high-end, award-winning 2 bedroom, 2 bathroom condo in the iconic Providence City high rise - The Residences. The open floor plan, with six foot windows and floor to ceiling sliding glass doors, was perfectly designed to integrate lighting, sound and storage with functional, cool custom-designed wood elements for optimum ambience and comfort throughout. The redesigned kitchen boasts Thermador appliances and quartz countertops. The primary bedroom, complete with luxurious en-suite and walk in closet, leads to a private balcony for early morning coffee and amazing evening sunsets. The second bedroom features a Murphy-style bed nestled between built-in shelving for versatile home and work living. Ultimate lifestyle with 24-hour concierge and security, indoor pool, hot tub and fitness center, 2 deeded parking spaces in enclosed garage, etc. Inquire about leasing it furnished. Ideally located between Boston and NYC; walking distance to trains and 10 minute drive to airport. Call today for your private showing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 6, 2021
Sold by
Lo Anthony
Bought by
Ibrahim Farhat
Seller's Agent
Hogan Simpson Group
Engel & Volkers
Buyer's Agent
Kimberly Marion
Engel & Volkers
List Price
$929,000
Sold Price
$883,500
Premium/Discount to List
-$45,500
-4.9%
Current Estimated Value
$1,029,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,376
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
May 17, 2012
Closed on
Aug 15, 2012
Sold by
Pri Xix Lp
Bought by
Lo Anthony
Seller's Agent
Rental Agent Bob Walsh
Compass / Lila Delman Compass
Buyer's Agent
Rental Agent Bob Walsh
Compass / Lila Delman Compass
List Price
$569,900
Sold Price
$560,000
Premium/Discount to List
-$9,900
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ibrahim Farhat $883,500 None Available
Lo Anthony $560,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2023 02/05/23 Rented $6,000 0.0% --
01/06/2023 01/06/23 Under Contract -- -- --
11/02/2022 11/02/22 For Rent $6,000 0.0% --
10/13/2021 10/13/21 Sold $883,500 -4.9% $624 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $929,000 +65.9% $656 / Sq Ft
08/16/2012 08/16/12 Sold $560,000 -1.7% $395 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $569,900 -- $402 / Sq Ft

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
2024 $14,353 $782,200 $0 $782,200
2023 $14,353 $782,200 $0 $782,200
2022 $13,923 $782,200 $0 $782,200
2021 $16,382 $667,000 $0 $667,000
2020 $16,382 $667,000 $0 $667,000
2019 $16,382 $667,000 $0 $667,000
2018 $20,796 $650,700 $0 $650,700
2017 $20,796 $650,700 $0 $650,700
2016 $20,796 $650,700 $0 $650,700
2015 $18,748 $566,400 $0 $566,400
2014 $19,116 $566,400 $0 $566,400
Source: Public Records

Agents Affiliated with this Home

  • Hanne Leblanc

    Seller's Agent in 2023

    Hanne Leblanc

    Keller Williams Coastal

    (401) 241-6306

    35 Total Sales

    Hanne Leblanc
    Section Image
  • Debbie Gold

    Buyer's Agent in 2023

    Debbie Gold

    Coldwell Banker Realty

    (401) 640-0403

    1 in this area

    130 Total Sales

    Debbie Gold
    Section Image

  • H

    Seller's Agent in 2021

    Hogan Simpson Group

    Engel & Volkers

  • Kimberly Marion

    Buyer's Agent in 2021

    Kimberly Marion

    Engel & Volkers

    (401) 692-1644

    4 in this area

    141 Total Sales

    Kimberly Marion
    Section Image

  • R

    Seller's Agent in 2012

    Rental Agent Bob Walsh

    Compass / Lila Delman Compass

    (401) 274-1644

    11 Total Sales

    Rental Agent Bob Walsh
    Section Image
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Map

Rhode Island Providence County Providence 02903 Downtown Providence

1 W Exchange St Unit 2401, Providence, RI

This home is located at 1 W Exchange St Unit 2401, Providence, RI 02903 and is currently estimated at $1,029,876, approximately $727 per square foot. 1 W Exchange St Unit 2401 is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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