NOT LISTED FOR SALE

Estimated Value: $611,000 - $825,000

6 Beds
3 Baths
2,899 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $515,000 $178 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,208/month

51 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Public Transportation
  • Attic
  • Laundry Room
  • 2-minute walk to Billy Taylor Park

About This Home

As of June 2021

Solid 3 family in desirable east side neighborhood. All 3 units are 2 bed/1 bath. Property has brand new vinyl siding, new roof, and updated mechanicals. Some off street parking and private back yard. First floor unit completely renovated and ready for occupancy. Two long term month/month tenants in place on 2nd and 3rd floor. Perfect for owner occupied or investor.

Last Agent to Sell the Property

Patrick Merner

Conway Commercial Group License #RES.0041154 Listed on: 03/18/2021

Last Buyer's Agent

Christopher Healy

Coldwell Banker Realty License #RES.0031531

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1895

Lot Details

  • 2,800 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Slab Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,899 Sq Ft Home
  • 3-Story Property
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 98
  • Assessor Parcel Number 118JENKINSSTPROV

Community Details

Overview

  • 3 Units
  • East Side Of Providence/Mt. Hope Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,545

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0643
  • Subdivision Name: East side of Providence/Mt. Hope
  • Above Grade Finished Sq Ft: 2899.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Slab, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2800.0
  • Parcel #: 118JENKINSSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 6545.24
  • Tax Lot: 98
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 8, 2021
Sold by
River Stone Prop Llc
Bought by
Kretsch Kristofer and Kretsch Lisa
Seller's Agent
Patrick Merner
Conway Commercial Group
Buyer's Agent
Christopher Healy
Coldwell Banker Realty
List Price
$489,900
Sold Price
$515,000
Premium/Discount to List
$25,100
5.12%
Current Estimated Value
$714,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,462
Avg. Annual Appreciation
7.51%
Original Mortgage
$360,500
Outstanding Balance
$325,676
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,786

Purchase Details

Closed on
Dec 30, 2011
Sold by
Marr Andrew and Merner Patrick
Bought by
River Stone Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2011
Sold by
Campbell Timothy J
Bought by
Merner Patrick and Marr Andrew

Purchase Details

Closed on
Nov 3, 2000
Sold by
Maloney Kimberly A
Bought by
Campball Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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
Kretsch Kristofer $515,000 None Available
River Stone Prop Llc -- --
Merner Patrick $105,000 --
Campball Timothy J $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kretsch Kristofer $360,500
Previous Owner River Stone Prop Llc $100,000
Previous Owner Campball Timothy J $225,000
Previous Owner Campball Timothy J $79,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $515,000 +5.1% $178 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $489,900 -- $169 / 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 $5,403 $715,600 $277,200 $438,400
2024 $9,247 $503,900 $209,900 $294,000
2023 $9,247 $503,900 $209,900 $294,000
2022 $8,969 $503,900 $209,900 $294,000
2021 $6,545 $266,500 $93,500 $173,000
2020 $6,545 $266,500 $93,500 $173,000
2019 $6,545 $266,500 $93,500 $173,000
2018 $5,877 $183,900 $82,300 $101,600
2017 $5,877 $183,900 $82,300 $101,600
2016 $5,877 $183,900 $82,300 $101,600
2015 $5,610 $169,500 $90,500 $79,000
2014 $5,721 $169,500 $90,500 $79,000
2013 $5,721 $169,500 $90,500 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1277867

State-Wide MLS

APN: PROV-050098-000000-000000