1 W Exchange St Unit 2401 Providence, RI 02903
Downtown Providence Neighborhood
2
Beds
2
Baths
1,416
Sq Ft
$1,454/mo
HOA Fee
Highlights
- Concierge
- Marble Flooring
- Business Center
- Indoor Pool
- Recreation Facilities
- 3-minute walk to Burnside Park
About This Home
As of October 2021An open floor plan and timeless views of the elegant state capitol building from six-foot windows make this 1,416-square-foot condo the very best in sophisticated city living in the luxurious Residences Providence. The home's newly redesigned kitchen boasts Thermador appliances, quartz countertops, and a neutral color palette that enhances light-filled common areas. You'll flow easily from kitchen to dining room to living room, the latter defined by a custom walnut tray ceiling with inset lighting and surround-sound speakers, complementing an entertainment wall with built-in audio-video cabinetry and display space. Hidden appliances and extensive storage enhance the home's uncluttered feel and crisp decor, offering a fresh palette for any desired redesign while providing a foundation of top-quality finishing work. Antique-aged natural bamboo flooring throughout offers continuity from room to room, extending into a guest bedroom with private bath that thanks to a hidden Murphy bed easily transitions from sleeping quarters to home office. The carpeted master bedroom includes a Crema Marfil marble-lined en-suite bath with both tub & shower, and a generously proportioned walk-in closet has endless LED-lit shelves, drawers, and pull-out niches for clothing and accessories. Framed in a walnut and supple leather headboard, the platform bed is mere steps from a private balcony for morning coffee or evening cocktails. Includes 2 deeded, adjacent parking spaces in the enclosed garage.
Last Agent to Sell the Property
Hogan Simpson Group
Engel & Volkers Listed on: 08/14/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,832
Year Built
- Built in 2007
HOA Fees
- $1,454 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- 1,416 Sq Ft Home
- 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
- 100 Amp Service
Additional Features
- Accessible Elevator Installed
- Property near a hospital
Listing and Financial Details
- Tax Lot 143
- Assessor Parcel Number 1WESTEXCHANGEST2401PROV
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
- Recreation Facilities
- Community Pool
- Community Spa
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,491
Avg. Annual Appreciation
3.48%
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
Buyer's Agent
Rental Agent Bob Walsh
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%
Similar Homes in Providence, RI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $883,500 | None Available | |
| Deed | $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 |
Source: State-Wide MLS
Tax History Compared to Growth
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
-
Seller's Agent in 2023
Hanne Leblanc
Keller Williams Coastal
(401) 241-6306
37 Total Sales
-
Buyer's Agent in 2023
Debbie Gold
Coldwell Banker Realty
(401) 640-0403
1 in this area
132 Total Sales
-
H
Seller's Agent in 2021
Hogan Simpson Group
Engel & Volkers
-
Buyer's Agent in 2021
Kimberly Marion
Engel & Volkers
(401) 692-1644
4 in this area
145 Total Sales
-
R
Seller's Agent in 2012
Rental Agent Bob Walsh
Compass
(401) 274-1644
11 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1290814
APN: PROV-190143-000000-002401
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