Seller's Agent in 2023
Ramiro Encizo
Residential Properties Ltd.
(646) 275-4542
1 in this area
109 Total Sales
1 W Exchange St Unit 2901 Providence, RI 02903
Downtown Providence NeighborhoodEstimated Value: $1,096,000 - $1,527,877
2
Beds
2.5
Baths
1,400
Sq Ft
$1,600/mo
HOA Fee
Highlights
- Concierge
- Wood Flooring
- Recreation Facilities
- Indoor Pool
- Furnished
- 3-minute walk to Burnside Park
About This Home
As of October 2023Spectacular panoramic views from this stylish penthouse located on the highly coveted 29th floor in Providence's premier luxury condominium tower, The Residences. Enter to a sophisticated and tasteful lobby where round the clock concierge personnel will greet you, and grant exclusive access to your guests. Unit 2901, only one of four penthouses on this floor, welcomes you through a foyer and into an impressive living space with 10' ceilings, and a wall of glass showcasing magnificent views from 370 feet above. A sleek, fully equipped chef's kitchen with high end appliances opens to an intimate dining space, and steps out to the oversized 500sq foot outdoor terrace with Statehouse & City views. Two spacious bedrooms with spa-like ensuite bathrooms, and walk in closets offer comfort and privacy on either end of the unit, while an elegant half bath is just off the living room for convenience. All of the amenities one would expect in a condominium of this caliber, plus 2 assigned parking spaces, an oversized storage unit in the safe & covered garage. Arguably one of the city's safest buildings, The Residences prides itself on providing world class luxury living in the heart of downtown Providence. Walkability to the educational facilities at Brown University, RISD, Johnson & Wales, the Pedestrian Bridge, minutes away from Rhode Island Hospital, easy access to I-95, Amtrak, numerous cafes, restaurants, world-famous WaterFire, and award winning theatre. A fine offering!
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0042346 Listed on: 07/01/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,537
Year Built
- Built in 2007
HOA Fees
- $1,600 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Assigned Parking
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,400 Sq Ft Home
- Furnished
- Thermal Windows
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Indoor Pool
- Balcony
- Patio
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Tankless Water Heater
Additional Features
- Security Fence
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 143 / 2901
- Assessor Parcel Number 1WESTEXCHANGEST2901PROV
Community Details
Overview
- Association fees include ground maintenance, parking, sewer, snow removal, security, trash, water
- 103 Units
- Downtown Subdivision
- 1-Story Property
Amenities
- Concierge
- Shops
- Restaurant
Recreation
- Recreation Facilities
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2023
Closed on
Oct 12, 2023
Sold by
Ramayya Sulekha and Ramayya Shreya
Bought by
Robert S Gottlieb Ret and Gottlieb
Seller's Agent
Ramiro Encizo
Residential Properties Ltd.
Buyer's Agent
Sweeney Advisory Group
Mott & Chace Sotheby's Intl.
List Price
$1,549,000
Sold Price
$1,390,000
Premium/Discount to List
-$159,000
-10.26%
Total Days on Market
83
Views
297
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
-$89,374
Avg. Annual Appreciation
-3.92%
Purchase Details
Listed on
Jan 4, 2018
Closed on
Apr 27, 2018
Sold by
Denton David M
Bought by
Ramayya Sulekha and Ramayya Shreya
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Ramiro Encizo
Residential Properties Ltd.
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Purchase Details
Listed on
Jul 27, 2015
Closed on
Sep 25, 2015
Sold by
Duchin Gloria
Bought by
Denton David D
Seller's Agent
Markham And Derentis Associates
Residential Properties Ltd.
Buyer's Agent
Markham And Derentis Associates
Residential Properties Ltd.
List Price
$1,199,000
Sold Price
$1,067,500
Premium/Discount to List
-$131,500
-10.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.49%
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert S Gottlieb Ret | $1,390,000 | None Available | |
| Ramayya Sulekha | $1,000,000 | -- | |
| Denton David D | $1,067,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $1,390,000 | -5.8% | $993 / Sq Ft |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- |
| 09/01/2023 09/01/23 | Price Changed | $1,475,000 | -4.8% | $1,054 / Sq Ft |
| 07/01/2023 07/01/23 | For Sale | $1,549,000 | +54.9% | $1,106 / Sq Ft |
| 04/27/2018 04/27/18 | Sold | $1,000,000 | -8.7% | $715 / Sq Ft |
| 03/28/2018 03/28/18 | Pending | -- | -- | -- |
| 01/04/2018 01/04/18 | For Sale | $1,095,000 | +2.6% | $783 / Sq Ft |
| 09/25/2015 09/25/15 | Sold | $1,067,500 | -11.0% | $770 / Sq Ft |
| 08/26/2015 08/26/15 | Pending | -- | -- | -- |
| 07/27/2015 07/27/15 | For Sale | $1,199,000 | -- | $865 / 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 | $17,877 | $974,200 | $0 | $974,200 |
| 2023 | $17,877 | $974,200 | $0 | $974,200 |
| 2022 | $17,341 | $974,200 | $0 | $974,200 |
| 2021 | $20,682 | $842,100 | $0 | $842,100 |
| 2020 | $20,682 | $842,100 | $0 | $842,100 |
| 2019 | $20,682 | $842,100 | $0 | $842,100 |
| 2018 | $31,375 | $981,700 | $0 | $981,700 |
| 2017 | $31,375 | $981,700 | $0 | $981,700 |
| 2016 | $31,375 | $981,700 | $0 | $981,700 |
| 2015 | $15,070 | $455,300 | $0 | $455,300 |
| 2014 | $15,366 | $455,300 | $0 | $455,300 |
| 2013 | $22,697 | $672,500 | $0 | $672,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ramiro Encizo
-
Sweeney Advisory Group
S
Buyer's Agent in 2023
Sweeney Advisory Group
Mott & Chace Sotheby's Intl.
(401) 864-8286
1 in this area
93 Total Sales
-
Jim DeRentis
Seller's Agent in 2018
Jim DeRentis
Residential Properties Ltd.
(401) 529-2188
5 in this area
479 Total Sales
-
M
Seller's Agent in 2015
Markham And Derentis Associates
Residential Properties Ltd.
Map
Source: State-Wide MLS
MLS Number: 1338755
APN: PROV-190143-000000-002901
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