NOT LISTED FOR SALE

1016 Hope St Providence, RI 02906

Hope Neighborhood

Estimated Value: $751,000 - $901,978

8 Beds
3 Baths
2,821 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $350,800 $124 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,724/month

82 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storm Windows
  • Corner Lot
  • Porch
  • 1-minute walk to Lippit Memorial Park

About This Home

As of October 2015

Spacious 2 family overlooking Lippitt Park with oversized 2nd&3rd 5 bedroom townhouse apartment. Walk to all the Summit and Blackstone neighborhoods have to offer. Needs a little TLC but well worth it!

Last Agent to Sell the Property

Karen Miller

Spitz-Weiss, REALTORS License #RES.0032556 Listed on: 06/11/2015

Last Buyer's Agent

Andrew Iovino

RE/MAX 1st Choice License #RES.0035731

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,803

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,821 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Storm Windows

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Balcony
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 509
  • Assessor Parcel Number 1016HOPESTPROV

Community Details

Overview

  • 2 Units
  • Summit Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,803

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: SUMMIT
  • Above Grade Finished Sq Ft: 2821.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2821.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Exterior Features: Balcony, Porch
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 1016HOPESTPROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7803.0
  • Tax Lot: 509
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Oct 2, 2015
Sold by
Ehrlich Ronald S
Bought by
Lopez-Presciado Luis E
Seller's Agent
Karen Miller
Spitz-Weiss, REALTORS
Buyer's Agent
Andrew Iovino
RE/MAX 1st Choice
List Price
$369,000
Sold Price
$350,800
Premium/Discount to List
-$18,200
-4.93%
Current Estimated Value
$886,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,817
Avg. Annual Appreciation
9.35%
Original Mortgage
$344,446
Interest Rate
3.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lopez-Presciado Luis E $350,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez-Preciado Luis E $372,913
Closed Lopez-Preciado Luis E $24,000
Closed Lopez-Presciado Luis E $344,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $350,800 -4.9% $124 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $369,000 -- $131 / 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 $10,445 $569,200 $248,400 $320,800
2023 $10,445 $569,200 $248,400 $320,800
2022 $10,132 $569,200 $248,400 $320,800
2021 $10,126 $412,300 $193,400 $218,900
2020 $10,126 $412,300 $193,400 $218,900
2019 $9,979 $406,300 $193,400 $212,900
2018 $9,796 $306,500 $167,400 $139,100
2017 $9,796 $306,500 $167,400 $139,100
2016 $9,796 $306,500 $167,400 $139,100
2015 $7,653 $231,200 $140,500 $90,700
2014 $7,803 $231,200 $140,500 $90,700
2013 $7,803 $231,200 $140,500 $90,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Karen Miller

    Spitz-Weiss, REALTORS

  • Andrew Iovino

    Buyer's Agent in 2015

    Andrew Iovino

    RE/MAX 1st Choice

    (401) 556-5589

    39 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1099243

State-Wide MLS

APN: PROV-910509-000000-000000

Rhode Island Providence County Providence 02906 Hope

1016 Hope St, Providence, RI

This home is located at 1016 Hope St, Providence, RI 02906 since 11 June 2015 and is currently estimated at $844,495, approximately $299 per square foot. This property was built in 1900. 1016 Hope St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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