116 Chestnut St Unit I Providence, RI 02903
Upper South Providence NeighborhoodEstimated Value: $1,253,000 - $1,482,764
2
Beds
2
Baths
2,969
Sq Ft
$719/mo
HOA Fee
Highlights
- Marina
- Spa
- Wood Flooring
- Golf Course Community
- 0.35 Acre Lot
- 1 Fireplace
About This Home
As of May 2019Sleek, sophisticated and expertly designed loft in Providence's Historic Jewelry District. Attention to detail and design make this a dream home with 12ft ceilings, original brick walls, mahogany floors & pocket doors, with 17 oversized mahogany windows, the panoramic city views are amazing! The 52 ft Great Room is comprised of a raised living area w/ electric gas tiled fireplace; dining area; Piano space; hidden storage, a Murphy bed & Juliet balcony w/ grill. The mahogany wet bar incl. a Sub-Zero wine cooler and separate beverage fridge; and a Maple counter accommodates guests. It's an entertainers paradise. Featuring a chef's dream Kitchen w/ 22 ft granite working surface, rolling island, Sub-Zero refrigerator, Wolf French cook top, Wolf double ovens, warming drawer, trash compactor, microwave, and double sinks w/disposal. 27 ft of floor to ceiling Maple cabinets w/ladder make for exceptional storage. MBR w/bath, oversized whirlpool tub, roman shower, cantilevered toilet & a fabulous closet with built-ins. The spacious ensuite guest bedroom has great city views. The circular foyer and hall are accented with Copper doors & detailing, including 2 closets. Separate office w/ 2 built-in desks and storage completes the space. Utility room features an extra stainless refrigerator, washer/dryer, sink & cabinets for storage. The entire loft is outfitted with LED lighting incl. picture frame lights; it's wired for cable/internet/sound. Two tandem assigned parking spaces convey.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0040832 Listed on: 09/05/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,560
Year Built
- Built in 1900
Lot Details
- 0.35
HOA Fees
- $719 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 2,969 Sq Ft Home
- Wet Bar
- 1 Fireplace
- Intercom
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
- Energy-Efficient Hot Water Distribution
Outdoor Features
- Spa
- Walking Distance to Water
- Outdoor Grill
Utilities
- Whole House Fan
- Zoned Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Underground Utilities
- 100 Amp Service
- High-Efficiency Water Heater
- Gas Water Heater
- Cable TV Available
Additional Features
- Paved or Partially Paved Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 21/I
- Assessor Parcel Number 116CHESTNUTSTIPROV
Community Details
Overview
- 12 Units
- 6-Story Property
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2018
Closed on
May 30, 2019
Sold by
Daneker Barrie
Bought by
Roma Stephen J and Shea Maureen A
Seller's Agent
Cherry Arnold
Mott & Chace Sotheby's Intl.
Buyer's Agent
Nancy Denelle
CENTURY 21 Stachurski Agency
List Price
$949,000
Sold Price
$805,000
Premium/Discount to List
-$144,000
-15.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,191
Avg. Annual Appreciation
8.10%
Original Mortgage
$563,500
Outstanding Balance
$505,388
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$786,116
Purchase Details
Listed on
Nov 6, 2013
Closed on
Aug 15, 2014
Sold by
Worden Curtis R and Worden Gloria B
Bought by
Daneker Barrie
Seller's Agent
Barbara Rhine
Residential Properties Ltd.
Buyer's Agent
David Hasslinger
Residential Properties Ltd.
List Price
$729,000
Sold Price
$550,000
Premium/Discount to List
-$179,000
-24.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$440,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 27, 2002
Sold by
Freeman Gerald and Freeman Sharon Kent
Bought by
Worden Curtis R and Worden Gloria Bailen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.02%
Purchase Details
Closed on
Sep 23, 1994
Sold by
Harshman Thomas R
Bought by
Langmuir Karl D and Langmuir Corryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.56%
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roma Stephen J | $805,000 | -- | |
| Daneker Barrie | $550,000 | -- | |
| Worden Curtis R | $560,000 | -- | |
| Langmuir Karl D | $142,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roma Stephen J | $563,500 | |
| Previous Owner | Daneker Barrie | $417,000 | |
| Previous Owner | Daneker Barrie | $50,000 | |
| Previous Owner | Daneker Barrie | $440,000 | |
| Previous Owner | Langmuir Karl D | $448,000 | |
| Previous Owner | Langmuir Karl D | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2019 05/30/19 | Sold | $805,000 | -15.2% | $271 / Sq Ft |
| 04/30/2019 04/30/19 | Pending | -- | -- | -- |
| 09/05/2018 09/05/18 | For Sale | $949,000 | +72.5% | $320 / Sq Ft |
| 08/15/2014 08/15/14 | Sold | $550,000 | -24.6% | $185 / Sq Ft |
| 07/16/2014 07/16/14 | Pending | -- | -- | -- |
| 11/06/2013 11/06/13 | For Sale | $729,000 | -- | $246 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $21,189 | $1,154,700 | $0 | $1,154,700 |
| 2023 | $21,189 | $1,154,700 | $0 | $1,154,700 |
| 2022 | $20,554 | $1,154,700 | $0 | $1,154,700 |
| 2021 | $19,400 | $789,900 | $0 | $789,900 |
| 2020 | $15,763 | $641,800 | $0 | $641,800 |
| 2019 | $15,763 | $641,800 | $0 | $641,800 |
| 2018 | $12,851 | $402,100 | $0 | $402,100 |
| 2017 | $12,851 | $402,100 | $0 | $402,100 |
| 2016 | $14,510 | $454,000 | $0 | $454,000 |
| 2015 | $13,157 | $397,500 | $0 | $397,500 |
| 2014 | $13,416 | $397,500 | $0 | $397,500 |
| 2013 | $13,416 | $397,500 | $0 | $397,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cherry Arnold
Seller's Agent in 2019
Cherry Arnold
Mott & Chace Sotheby's Intl.
(401) 864-5401
2 in this area
87 Total Sales
-
Nancy Denelle
Buyer's Agent in 2019
Nancy Denelle
CENTURY 21 Stachurski Agency
(617) 803-7998
55 Total Sales
-
Barbara Rhine
B
Seller's Agent in 2014
Barbara Rhine
Residential Properties Ltd.
13 Total Sales
-
David Hasslinger
Buyer's Agent in 2014
David Hasslinger
Residential Properties Ltd.
(401) 465-8625
7 in this area
165 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1203111
APN: PROV-210021-000000-I000000
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