NOT LISTED FOR SALE

Estimated Value: $761,000 - $1,087,000

2 Beds
2.5 Baths
2,316 Sq Ft
$601/mo HOA Fee

Last Sold October 20, 2022

Last sale price $825,000 $356 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,413/month

26 Days on Market

Highlights

  • Cathedral Ceiling
  • Recreation Facilities
  • Bathtub with Shower
  • Wood Flooring
  • Skylights
  • Dry Bar

About This Home

As of October 2022

This sleek and stylish loft condominium is located in the heart of Providence's desirable Jewelry District. The masterful blend of style, comfort, and convenience is sure to dazzle. A private entrance welcomes you into this stunning garden-level unit. The open-floor plan with abundant natural light from the glass skylit ceiling and industrial touches will at once captivate and impress. A brick-walled entrance hall, opens into the incredible kitchen which takes centerstage. Complete with custom KraftMaid cabinetry, stone countertops, professional grade appliances, breakfast bar and a custom welded railing, overlooking the expansive living area. Step down to the combined living and dining room, an entertainer's dream, with its gas fireplace, radiant heat floors, and a sensational wet bar with slick cabinetry, wine fridge, and open shelving. At the opposite end of the unit is a spacious primary suite with a dramatic spa-like bathroom and a generous walk-in closet with laundry. A second bedroom suite with a beautifully renovated private bath, and a separate powder room complete this one-of-a-kind unit. With off-street parking and an unrivaled location that is just steps to all the shops, restaurants, and entertainment offered by Downtown, including the newly announced Trader Joe's. This condominium residence is simply unmatched. *Taxes do not reflect homestead exemption*

Last Agent to Sell the Property

Jim DeRentis

Residential Properties Ltd. License #RES.0034320 Listed on: 08/11/2022

Residential Properties Ltd.

Last Buyer's Agent

Kevin Fox

Compass / Lila Delman Compass License #RES.0033060

Compass / Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,169

Year Built

  • Built in 1887

HOA Fees

  • $601 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,316 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Three-Phase Power
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 116CHESTNUTSTD-1PROV

Community Details

Overview

  • Association fees include ground maintenance, snow removal
  • 16 Units
  • Jewelry District Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,169

Year Built

Built in 1887

Lot Details

0

HOA Fees

$601 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Association Fee Includes: Ground Maintenance, Insurance and Snow Removal. *Kawasaki motorcycle NOT included in sale*
  • Subdivision Name: Jewelry District
  • Above Grade Finished Sq Ft: 2316.0
  • Architectural Style: Loft
  • Building Name: 116 Chestnut Street Condos
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1887
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Other
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dry Bar, Skylights, Tub Shower
  • Living Area: 2316.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 3 Phase, 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 601.47
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other, Snow Removal, See Remarks

Lot Info

  • Parcel #: 116CHESTNUTSTD-1PROV
  • Zoning: D-1-100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 11168.72
  • Tax Lot: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Dellagrotta Kristin L and Dellagrotta Michael
Bought by
Dellagrotta Jacob M
Current Estimated Value
$988,691

Purchase Details

Closed on
Jun 3, 2009
Sold by
Palangio Thomas A
Bought by
Mcguigan Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2006
Sold by
Galvin Mark L and Watt Robert D
Bought by
Duclos Paul and Duclos Rosemary

Purchase Details

Closed on
Jul 15, 2003
Sold by
Drew Thomas M and Benedict-Drew Carolyn
Bought by
Palangio Thomas A and Palangio Joy M

Purchase Details

Closed on
Apr 1, 1998
Sold by
Kuffner John
Bought by
Berrien Steven and Berrien Roberta

Purchase Details

Closed on
May 24, 1994
Sold by
Mckain Sharon
Bought by
Silverstein Marcia L
Source: Public Records

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Range of Values:

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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
Dellagrotta Jacob M -- None Available
Mcguigan Stuart $700,000 --
Duclos Paul $320,000 --
Palangio Thomas A $625,000 --
Berrien Steven $247,000 --
Silverstein Marcia L $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furlich Carol $618,750
Previous Owner Silverstein Marcia L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $825,000 -6.1% $356 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $879,000 +188.2% $380 / Sq Ft
09/08/2017 09/08/17 Sold $305,000 -17.5% $127 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $369,900 -- $154 / 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 $15,642 $852,400 $0 $852,400
2023 $15,642 $852,400 $0 $852,400
2022 $11,169 $315,500 $0 $315,500
2021 $10,511 $286,400 $0 $286,400
2020 $10,511 $286,400 $0 $286,400
2019 $10,511 $286,400 $0 $286,400
2018 $8,133 $221,600 $0 $221,600
2017 $8,133 $221,600 $0 $221,600
2016 $8,133 $221,600 $0 $221,600
2015 $7,670 $208,700 $0 $208,700
2014 $7,670 $208,700 $0 $208,700
2013 $7,670 $208,700 $0 $208,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1317712

State-Wide MLS

APN: PROV-210021-000000-D000001