NOT LISTED FOR SALE

Estimated Value: $812,000 - $837,000

2 Beds
2 Baths
1,903 Sq Ft
$1,402/mo HOA Fee

Last Sold March 29, 2024

Last sale price $749,000 $394 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,855/month

40 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Walking Distance to Water
  • Private Lot
  • Recreation Facilities
  • 4-minute walk to Burnside Park

About This Home

As of March 2024

THE COSMOPOLITAN (Palmer Block building, c1915) a boutique NYC SOHO style condo development located in the heart of the revitalized Arts & Theater District of Downtown PVD. This stunning and meticulously maintained (2Bed/2Bath) condo features a bright open layout highlighted by gleaming hardwood floors and walls of oversize windows providing spectacular panoramic views of the city from every room. Perfect for entertaining any size gatherings, a cooks kitchen is connected to the main living space(s) and equipped with top of the line SS appliances, floor to ceiling cabinetry, oversize kitchen island with tons of counter space for food prep. Tucked away from the main living space(s), the Guest Bedroom suite is generous in size and could easy double as a home office, gym or studio space along with a full Bathroom and laundry area. The expansive Primary Bedroom suite features an oversize walk-in closet and plush spa style Bathroom with soaking tub and walk-in glass shower. The building is professionally managed w/ gated outdoor parking, elevator and private entry. (A+) walk score, location will have you in the middle of it all, steps away from local restaurants, gourmet food markets, and shopping. Walking distance to the Train Station, College Hill and Universities, stroll along the Providence River waterfront parks, Pedestrian Bridge and access to the East Bay bike path. Hospitals, highway access and TF Green Airport are only minutes away. Very special and rare offering.

Last Agent to Sell the Property

Joshua Cullion

Mott & Chace Sotheby's Intl. License #REB.0016942 Listed on: 02/06/2024

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Stephanie Basile

Compass / Lila Delman Compass

Compass / Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,807

Year Built

  • Built in 1915

Lot Details

  • Security Fence
  • Secluded Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $1,402 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Masonry

Interior Spaces

  • 1,903 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Outdoor Features

  • Spa
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 100FOUNTAINST5BPROV

Community Details

Overview

  • Association fees include ground maintenance, parking, sewer, snow removal, security, water
  • 14 Units
  • Downtown Providence Subdivision
  • 7-Story Property

Amenities

  • Shops
  • Restaurant
  • Community Storage Space

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,807

Year Built

Built in 1915

Lot Details

0

HOA Fees

$1,402 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: HOA has a strict pet policy. Dogs NOT allowed on the property. Other household pet(s) will require written approval by the HOA Board of Directors.
  • Subdivision Name: DOWNTOWN PROVIDENCE
  • Above Grade Finished Sq Ft: 1903.0
  • Architectural Style: High Rise
  • Building Name: THE COSMOPOLITAN
  • Entry Level: 5
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 7
  • Structure Type: High Rise
  • Year Built: 1915
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 7

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,Private Entry
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1903.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 7
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Paved, Secluded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Brick, Masonry
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hydro Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Sidewalks
  • Senior Community: No
  • Amenities: Restaurant, Storage
  • Association Fee: 1401.93
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Sewer, Snow Removal, Security, Water

Lot Info

  • Parcel #: 100FOUNTAINST5BPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 5807.0
  • Tax Lot: 166
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 25, 2024
Sold by
Pollock Aaron
Bought by
Rollins Phillip
Seller's Agent
Joshua Cullion
Mott & Chace Sotheby's Intl.
Buyer's Agent
Stephanie Basile
Compass / Lila Delman Compass
List Price
$749,000
Sold Price
$749,000
Total Days on Market
40
Views
97
Current Estimated Value
$824,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,119
Avg. Annual Appreciation
8.15%

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 24, 2014
Sold by
Formicola Joseph G
Bought by
Pollock Aaron
Seller's Agent
Joseph Formicola
EXECUTIVE INVESTMENTS & REALTY
Buyer's Agent
Mark Leeman
RE/MAX 1st Choice
List Price
$519,000
Sold Price
$489,000
Premium/Discount to List
-$30,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$366,750
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2005
Sold by
Steelwood Realty Llc
Bought by
Formicola Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Rollins Phillip $749,000 None Available
Rollins Phillip $749,000 None Available
Pollock Aaron $489,000 --
Formicola Joseph G $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pollock Aaron $366,750
Previous Owner Formicola Joseph G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $749,000 0.0% $394 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $749,000 +53.2% $394 / Sq Ft
11/24/2014 11/24/14 Sold $489,000 -5.8% $251 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $519,000 -- $266 / 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
2024 $10,188 $555,200 $0 $555,200
2023 $10,188 $555,200 $0 $555,200
2022 $9,883 $555,200 $0 $555,200
2021 $12,373 $503,800 $0 $503,800
2020 $12,373 $503,800 $0 $503,800
2019 $12,373 $503,800 $0 $503,800
2018 $13,797 $431,700 $0 $431,700
2017 $0 $431,700 $0 $431,700
2016 -- $431,700 $0 $431,700
2015 -- $230,800 $0 $230,800
2014 -- $227,100 $0 $227,100
2013 -- $227,100 $0 $227,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1352390

State-Wide MLS

APN: PROV-250166-000000-000005B