NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $1,760,000

9 Beds
3 Baths
2,800 Sq Ft
$488/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2023

Last sale price $875,000 $312 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,362 / mo

32 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Shops
  • Recreation Facilities
  • Public Transportation
  • 2-minute walk to Brassil Park

About This Home

As of March 2023

This newly (2021) renovated two-unit building is located in the sought-after Fox Point neighborhood on the East Side of Providence. The lower unit has 3 bedrooms and 1 full bathroom, while the upper unit has 6 bedrooms and 2 full bathrooms. New appliances and in-unit washer/dryer are included, as well as 4 off-street parking spaces. Both units are occupied and leased until 6/2024, with a current cap rate of 7.3% and a cap rate of 7.7% starting 6/2023.

Last Agent to Sell the Property

Tony Berbara

William Raveis Inspire License #RES.0047864 Listed on: 02/10/2023

William Raveis Inspire

Last Buyer's Agent

Amy Barrett

Compass License #RES.0047119

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,690

Year Built

  • Built in 1900

Lot Details

  • 2,600

Home Design

  • Clapboard

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • 2,600 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 430
  • Assessor Parcel Number 104SHELDONSTPROV

Community Details

Overview

  • 2 Units
  • East Side Of Providence Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,690

Year Built

Built in 1900

Lot Details

2,600 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0597
  • Subdivision Name: East Side of Providence
  • Above Grade Finished Sq Ft: 2800.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Other, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2600.0
  • Parcel #: 104SHELDONSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 18000.0

Tax Info

  • Tax Annual Amount: 10690.0
  • Tax Lot: 430
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 8, 2023
Sold by
Bought by
Seller's Agent
Tony Berbara
William Raveis Inspire
Buyer's Agent
Amy Barrett
Compass
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
38
Current Estimated Value
$1,366,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,137
Avg. Annual Appreciation
14.69%
Original Mortgage
$656,250
Outstanding Balance
$632,613
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$733,524

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 23, 2023
Sold by
Bought by
Seller's Agent
Tony Berbara
William Raveis Inspire
Buyer's Agent
Amy Barrett
Compass
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Outstanding Balance
$632,613
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$733,524

Purchase Details

Closed on
Jun 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
$875,000 None Available
$875,000 None Available
$875,000 None Available
$480,000 None Available
$480,000 None Available
$480,000 None Available
$422,500 --
$422,500 --
$254,000 --
$254,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $656,250
Closed $656,250
Previous Owner $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $875,000 -2.7% $313 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $899,000 -- $321 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,799 $842,800 $432,300 $410,500
2024 $11,021 $600,600 $330,100 $270,500
2023 $11,021 $600,600 $330,100 $270,500
2022 $10,691 $600,600 $330,100 $270,500
2021 $9,365 $381,300 $209,400 $171,900
2020 $9,365 $381,300 $209,400 $171,900
2019 $9,365 $381,300 $209,400 $171,900
2018 $9,118 $285,300 $193,100 $92,200
2017 $9,118 $285,300 $193,100 $92,200
2016 $9,118 $285,300 $193,100 $92,200
2015 $9,162 $276,800 $193,100 $83,700
2014 $9,342 $276,800 $193,100 $83,700
2013 $9,342 $276,800 $193,100 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1329594

State-Wide MLS

APN: PROV-160430-000000-000000

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