NOT LISTED FOR SALE

Estimated Value: $694,000 - $765,000

6 Beds
2 Baths
2,808 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $680,000 $242 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,509/month

11 Days on Market

Highlights

  • Marina
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • Corner Lot
  • Walking Distance to Water

About This Home

As of June 2024

Ideal two-family home for investors or owner-occupied. Charming c1920 Colonial on large corner lot in Edgewood with expansion possibilities. The exterior is brick and newly installed, low-maintenance siding. Replacements windows on each floor; second floor was installed in 2011. Each unit has three, equal-size bedrooms, a full bathroom with updated vanity, and kitchen with newer appliances. The dining room and living room are open to one another and then into a south facing sunroom with glass doors. Beautiful hardwood floors throughout the bedrooms and living spaces. The second-floor unit has a private porch overlooking the neighborhood and stackable laundry on the second floor. The first-floor unit has its own washer/dryer located in the basement level with plenty of open space for storage. The side yard is partially fenced in with mature maple tree and large rhododendron on the corner of the home. Two car garage ideal for off-street parking or storage. Located off Broad Street, close to Edgewood Yacht Club, RI Yacht Club, Historic Pawtuxet Village shops, and an excellent dining scene. Near Roger Williams Park & Zoo, Johnson & Wales University, Rhode Island hospital complex, RISD and Brown University, and downtown Providence. Lease on first floor unit (#109) ends 8/31/24 and lease on second floor unit (#107) ends 5/31/24.

Last Agent to Sell the Property

Megan Fox

Residential Properties Ltd. Brokerage Phone: 401-368-3674 License #RES.0045020 Listed on: 04/27/2024

Last Buyer's Agent

Lindsay Pettinelli

Churchill & Banks Co., LLC License #RES.0043494

Churchill & Banks Co., LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,790

Year Built

  • Built in 1920

Lot Details

  • 8,760 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 2241
  • Assessor Parcel Number 107109SEFTONDRCRAN

Community Details

Overview

  • 2 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Building Details

  • Operating Expense $16,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,790

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2011
  • Inclusions: seller pays cable/internet, water, sewer, and landscaping
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 2808.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Attribution Contact: 401-368-3674
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8760.0
  • Parcel #: 107109SEFTONDRCRAN
  • Zoning: A6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 16676.0

Tax Info

  • Tax Annual Amount: 7790.0
  • Tax Lot: 2241
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Jun 11, 2024
Sold by
Fox Paul J and Fox Megan A
Bought by
Stonehart Michael
Seller's Agent
Megan Fox
Residential Properties Ltd.
Buyer's Agent
Lindsay Pettinelli
Churchill & Banks Co., LLC
List Price
$625,000
Sold Price
$680,000
Premium/Discount to List
$55,000
8.8%
Views
45
Current Estimated Value
$727,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,680
Avg. Annual Appreciation
4.82%
Original Mortgage
$575,000
Outstanding Balance
$566,871
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,809

Purchase Details

Closed on
Jun 27, 2011
Sold by
Armand Savella T and Armand Savella
Bought by
Fox Paul J and Fox Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Stonehart Michael $680,000 None Available
Stonehart Michael $680,000 None Available
Fox Paul J $270,000 --
Fox Paul J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehart Michael $575,000
Closed Stonehart Michael $575,000
Previous Owner Fox Paul J $263,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $680,000 +8.8% $242 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $625,000 -- $223 / 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
2025 $8,121 $585,100 $207,200 $377,900
2024 $7,963 $585,100 $207,200 $377,900
2023 $7,390 $391,000 $149,800 $241,200
2022 $7,237 $391,000 $149,800 $241,200
2021 $7,038 $391,000 $149,800 $241,200
2020 $6,987 $336,400 $139,600 $196,800
2019 $6,987 $336,400 $139,600 $196,800
2018 $6,826 $336,400 $139,600 $196,800
2017 $6,329 $275,900 $122,500 $153,400
2016 $6,194 $275,900 $122,500 $153,400
2015 $6,194 $275,900 $122,500 $153,400
2014 $5,856 $256,400 $116,100 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1357782

State-Wide MLS

APN: CRAN-000002-000002-002241