NOT LISTED FOR SALE

118 Sutton St Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $852,000 - $911,000

9 Beds
3 Baths
3,456 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $680,000 $197 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,402/month

9 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Baseboard Heating
  • Corner Lot
  • Laundry Room
  • 3-minute walk to St John's Park

About This Home

As of July 2022

Large 3 family with 3 beds each floor. Currently fully rented. 1st and 2nd floor tenants have been long term tenants and are month to month. Located close to the Broadway Street shops and cafe's. Walking distance to Downtown Providence.

Last Agent to Sell the Property

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742 Listed on: 05/08/2022

Last Buyer's Agent

Giovanna Boscia

Compass License #RES.0045843

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,341

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,456 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 208
  • Assessor Parcel Number 118SUTTONSTPROV

Community Details

Overview

  • 3 Units
  • Federal Hill/Broadway/West End Subdivision

Building Details

  • Operating Expense $7,341

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,341

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: Federal Hill/Broadway/West end
  • Above Grade Finished Sq Ft: 3456.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 118SUTTONSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7341.0

Tax Info

  • Tax Annual Amount: 7341.0
  • Tax Lot: 208
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Jul 8, 2022
Sold by
Dnc Acquisitions Llc
Bought by
Touchstone Prop Group Llc
Seller's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
Buyer's Agent
Giovanna Boscia
Compass
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%
Total Days on Market
9
Current Estimated Value
$839,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,452
Avg. Annual Appreciation
6.42%
Original Mortgage
$510,000
Outstanding Balance
$488,046
Interest Rate
5.1%
Mortgage Type
Commercial
Estimated Equity
$335,066

Purchase Details

Closed on
Jul 28, 2014
Sold by
S & L Realty Llc
Bought by
Dnc Acquisitions Llc

Purchase Details

Closed on
Sep 24, 2010
Sold by
Silvestri Grace Ann
Bought by
S & L Realty Llc
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
Touchstone Prop Group Llc $680,000 None Available
Dnc Acquisitions Llc -- --
S & L Realty Llc $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touchstone Prop Group Llc $510,000
Previous Owner S & L Realty Llc $2,500,000
Previous Owner S & L Realty Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $680,000 -2.8% $197 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $699,900 -- $203 / 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 $9,193 $501,000 $205,000 $296,000
2023 $9,193 $501,000 $205,000 $296,000
2022 $8,918 $501,000 $205,000 $296,000
2021 $7,341 $298,900 $130,800 $168,100
2020 $7,341 $298,900 $130,800 $168,100
2019 $7,341 $298,900 $130,800 $168,100
2018 $5,615 $175,700 $75,700 $100,000
2017 $5,615 $175,700 $75,700 $100,000
2016 $5,615 $175,700 $75,700 $100,000
2015 $5,048 $152,500 $75,700 $76,800
2014 $5,147 $152,500 $75,700 $76,800
2013 $5,147 $152,500 $75,700 $76,800
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Corsetti

    Seller's Agent in 2022

    Stephanie Corsetti

    Alliance Real Estate Group LLC

    (401) 255-6666

    8 in this area

    28 Total Sales

    Section Image

  • G

    Buyer's Agent in 2022

    Giovanna Boscia

    Compass

    (401) 528-9088

    2 in this area

    9 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1308406

State-Wide MLS

APN: PROV-280208-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

118 Sutton St, Providence, RI

This home is located at 118 Sutton St, Providence, RI 02903 since 08 May 2022 and is currently estimated at $881,798, approximately $255 per square foot. This property was built in 1900. 118 Sutton St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Alfred Lima Sr. Elementary School.

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