NOT LISTED FOR SALE

114 Reservoir Ave Providence, RI 02907

Estimated Value: $424,631 - $618,000

4 Beds
2 Baths
5,110 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $250,000 $49 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,108/month

42 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Porch
  • Attic
  • Skylights
  • 4-minute walk to Ardoene Field

About This Home

As of May 2019

Nice 2 family in great area. Many updates. New roof, Replacement windows, Brand new heating system on first, Rebuilt 2 car garage, Updated baths. Walk up attic for possible expansion. Walk to schools and shopping. On bus route. Taxes do not reflect owner occupied.

Last Agent to Sell the Property

Erin Rico

Quality Properties License #RES.0043930 Listed on: 03/19/2019

Last Buyer's Agent

The Realpro Group

REALPRO by The Water

REALPRO by The Water

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,110 Sq Ft Home
  • 4-Story Property
  • Skylights
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Tankless Water Heater
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 114116RESERVOIRAVPROV

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Reservoir Triangle Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: Reservoir Triangle
  • Above Grade Finished Sq Ft: 5110.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Oil Water Heater, Range, Tankless Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Cedar Closet(s), Internal Expansion, Permanent Attic Stairs, Skylights, Tub Shower
  • Stories: 4
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 114116RESERVOIRAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4216.0
  • Tax Lot: 5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 28, 2019
Sold by
Rico Erin
Bought by
Cepeda Rafael A and Franco Julia N
Seller's Agent
Erin Rico
Quality Properties
Buyer's Agent
The Realpro Group
REALPRO by The Water
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Current Estimated Value
$538,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,658
Avg. Annual Appreciation
12.49%
Original Mortgage
$187,500
Outstanding Balance
$164,516
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$374,142

Purchase Details

Closed on
Nov 6, 2009
Sold by
Noel Gary M and Noel Wanda L
Bought by
Rico Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2009
Sold by
Moorehead William Jeffrey and Moorehead Agnes
Bought by
Rico Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2008
Sold by
Noel Barry
Bought by
Rico Erin
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
Cepeda Rafael A $250,000 --
Rico Erin M $50,000 --
Rico Erin -- --
Rico Erin $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cepeda Rafael A $187,500
Previous Owner Rico Erin $85,000
Previous Owner Rico Erin $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $250,000 +4.2% $49 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $239,900 -- $47 / 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 $3,252 $430,700 $128,800 $301,900
2024 $5,465 $297,800 $86,500 $211,300
2023 $5,465 $297,800 $86,500 $211,300
2022 $5,301 $297,800 $86,500 $211,300
2021 $4,367 $177,800 $56,400 $121,400
2020 $4,367 $177,800 $56,400 $121,400
2019 $4,367 $177,800 $56,400 $121,400
2018 $4,216 $131,900 $51,300 $80,600
2017 $4,216 $131,900 $51,300 $80,600
2016 $4,216 $131,900 $51,300 $80,600
2015 $3,879 $117,200 $39,900 $77,300
2014 $3,956 $117,200 $39,900 $77,300
2013 $3,956 $117,200 $39,900 $77,300
Source: Public Records

Agents Affiliated with this Home

  • Erin Rico

    Seller's Agent in 2019

    Erin Rico

    Quality Properties

    (401) 413-7663

    5 Total Sales

    Erin Rico
    Section Image

  • T

    Buyer's Agent in 2019

    The Realpro Group

    REALPRO by The Water

    (401) 709-4626

    365 Total Sales

    The Realpro Group
    Section Image
  • Andre Marines

    Buyer Co-Listing Agent in 2019

    Andre Marines

    REALPRO by The Water

    (401) 400-2019

    14 Total Sales

    Andre Marines
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1217648

State-Wide MLS

APN: PROV-001250-000005-000000

Rhode Island Providence County Providence 02907

114 Reservoir Ave, Providence, RI

Not Listed for Sale

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