NOT LISTED FOR SALE

114 Waterman Ave Unit 116 East Providence, RI 02914

Estimated Value: $435,788 - $573,000

4 Beds
2 Baths
4,588 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $340,750 $74 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,238/month

79 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Heating System Uses Steam
  • Bathtub with Shower

About This Home

As of June 2021

***Highest & Best due Monday 3/15 at 5pm***Have you been looking for a multi family home with instant equity available? Look no further. This is a large two family home offering mirror layouts on the first and second floor at 1,152 sq feet each with options to grow on the third floor. The second unit is beautifully maintained with a large living room, dining room and two bedrooms all with gleaming hardwood floors. The bathroom has been modernized with beautiful tiling. The kitchen has the classic black and white theme with oversized cabinets and an area for another table. The third floor, 571 sq ft, has endless possibilities to either use it as a townhouse style living or minimal left to do to make it a third unit. Three electric panels and three gas meters are already in place. Many new upgrades include roof, electric, heating and hot water tanks. Great for owner occupants or investors! Subject to seller finding suitable housing or rent back.

Last Agent to Sell the Property

Kiersten Luis

Mako Realty License #REC.005297 Listed on: 03/10/2021

Last Buyer's Agent

Roseann Dugan

HomeSmart Professionals License #RES.0028273

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Shingle Siding

Interior Spaces

  • 4,588 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 114116WATERMANAVEPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,194

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 4588.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, 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: 4792.0
  • Parcel #: 114116WATERMANAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4194.18
  • Tax Lot: 8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 25, 2021
Sold by
Almeida Mario F
Bought by
Rodrigue Marc A
Seller's Agent
Kiersten Luis
Mako Realty
Buyer's Agent
Roseann Dugan
HomeSmart Professionals
List Price
$299,900
Sold Price
$340,750
Premium/Discount to List
$40,850
13.62%
Current Estimated Value
$514,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,329
Avg. Annual Appreciation
10.67%
Original Mortgage
$296,500
Outstanding Balance
$271,927
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,400

Purchase Details

Closed on
Dec 7, 2018
Sold by
Almeida Ofelia and Almeida Mario
Bought by
Almeida Mario F

Purchase Details

Closed on
Nov 27, 2018
Sold by
Dasilva Antonio
Bought by
Almeida Ofelia and Almeida Mario
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
Rodrigue Marc A $340,750 None Available
Rodrigue Marc A $340,750 None Available
Almeida Mario F -- --
Almeida Mario F -- --
Almeida Ofelia $104,000 --
Almeida Ofelia $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigue Marc A $296,500
Closed Rodrigue Marc A $296,500
Previous Owner Dasilva Antonio $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $340,750 +13.6% $74 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $299,900 -- $65 / 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 $5,074 $331,000 $73,700 $257,300
2023 $4,886 $331,000 $73,700 $257,300
2022 $4,453 $203,700 $39,300 $164,400
2021 $4,380 $203,700 $39,300 $164,400
2020 $4,194 $203,700 $39,300 $164,400
2019 $4,078 $203,700 $39,300 $164,400
2018 $3,883 $169,700 $41,000 $128,700
2017 $3,796 $169,700 $41,000 $128,700
2016 $3,778 $169,700 $41,000 $128,700
2015 $3,348 $145,900 $33,200 $112,700
2014 $3,348 $145,900 $33,200 $112,700
Source: Public Records

Agents Affiliated with this Home

  • Kiersten Luis

    Seller's Agent in 2021

    Kiersten Luis

    Mako Realty

    (401) 301-8488

    4 in this area

    193 Total Sales

    Section Image
  • Roseann Dugan

    Buyer's Agent in 2021

    Roseann Dugan

    HomeSmart Professionals

    (401) 378-8451

    3 in this area

    72 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1277082

State-Wide MLS

APN: EPRO-000205-000015-000008

Rhode Island Providence County East Providence 02914

114 Waterman Ave Unit 116, East Providence, RI

This home is located at 114 Waterman Ave Unit 116, East Providence, RI 02914 since 10 March 2021 and is currently estimated at $507,447, approximately $110 per square foot. This property was built in 1920. 114 Waterman Ave Unit 116 is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and Lincoln School.

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