NOT LISTED FOR SALE

112 Colonial Rd Unit 114 Providence, RI 02906

Hope Neighborhood

Estimated Value: $753,000 - $868,000

6 Beds
2 Baths
5,096 Sq Ft
$157/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $520,000 $102 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,153/month

41 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of July 2020

Terrific opportunity to own a house that is in true move in condition and needs nothing. This house was just completely rehabbed and has a brand new roof, windows and is in fantastic condition. Both units offer an open floor plan with a huge living/dining room and three spacious bedrooms each. The property gets great light as you can see in the photos which really make the hardwoods which were just sanded stand out. There are additional rooms in the attic which could be used either for storage, a play room, music studio, artist space and could even be converted into additional living space. The house is located in great neighborhood which is convenient and quiet. There is a two car garage that also just had a new roof and plywood installed on it and a large driveway for parking. This is a great property for either an owner occupant or an investor and won't last so act fast before it is gone!

Last Agent to Sell the Property

Gabe Francis

Lenox Realty Group License #REB.0016894 Listed on: 05/09/2020

Last Buyer's Agent

Steven Rodrigues

Lamacchia Realty, Inc License #RES.0032701

Lamacchia Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 1910

Lot Details

  • 4,989 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 5,096 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units
  • Summit Subdivision

Listing and Financial Details

  • Tax Lot 463
  • Assessor Parcel Number 112114COLONIALRDPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,430

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1145
  • Subdivision Name: Summit
  • Above Grade Finished Sq Ft: 5096.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4989.0
  • Parcel #: 112114COLONIALRDPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5430.0
  • Tax Lot: 463
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 16, 2020
Sold by
Francis Nicola
Bought by
Chase Sarah and Chase William
Seller's Agent
Gabe Francis
Lenox Realty Group
Buyer's Agent
Steven Rodrigues
Lamacchia Realty, Inc
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%
Current Estimated Value
$801,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,538
Avg. Annual Appreciation
8.93%
Original Mortgage
$290,000
Outstanding Balance
$260,001
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$545,083

Purchase Details

Closed on
Mar 18, 2020
Sold by
Ramos Edward
Bought by
Francis Nicola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Reves Stamatis
Bought by
Ramos Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Dress Joseph and Dress Frances E
Bought by
Reves Stamatis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chase Sarah $520,000 None Available
Francis Nicola $290,000 None Available
Ramos Edward $290,000 --
Reves Stamatis $211,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Sarah $290,000
Previous Owner Francis Nicola $150,000
Previous Owner Reves Stamatis $284,747
Previous Owner Reves Stamatis $169,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $520,000 -1.9% $102 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $529,900 -- $104 / 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 $9,524 $519,000 $251,100 $267,900
2023 $9,524 $519,000 $251,100 $267,900
2022 $9,238 $519,000 $251,100 $267,900
2021 $9,252 $376,700 $202,700 $174,000
2020 $9,053 $368,600 $202,700 $165,900
2019 $9,053 $368,600 $202,700 $165,900
2018 $9,153 $286,400 $175,500 $110,900
2017 $9,153 $286,400 $175,500 $110,900
2016 $9,153 $286,400 $175,500 $110,900
2015 $8,222 $248,400 $163,800 $84,600
2014 $8,384 $248,400 $163,800 $84,600
2013 $8,384 $248,400 $163,800 $84,600
Source: Public Records

Agents Affiliated with this Home

  • Gabe Francis

    Seller's Agent in 2020

    Gabe Francis

    Lenox Realty Group

    (617) 513-9156

    2 in this area

    78 Total Sales

    Gabe Francis
    Section Image
  • Steven Rodrigues

    Buyer's Agent in 2020

    Steven Rodrigues

    Lamacchia Realty, Inc

    (401) 533-0021

    28 Total Sales

    Steven Rodrigues
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1253336

State-Wide MLS

APN: PROV-730463-000000-000000

Rhode Island Providence County Providence 02906 Hope

112 Colonial Rd Unit 114, Providence, RI

This home is located at 112 Colonial Rd Unit 114, Providence, RI 02906 since 09 May 2020 and is currently estimated at $801,538, approximately $157 per square foot. This property was built in 1910. 112 Colonial Rd Unit 114 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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