NOT LISTED FOR SALE

12 Belair Ave Providence, RI 02906

Blackstone Neighborhood

Estimated Value: $821,000 - $1,037,000

6 Beds
3 Baths
4,414 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $690,000 $156 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,773/month

88 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Laundry Room
  • Wood Flooring
  • Bathtub with Shower
  • Storage Room

About This Home

As of March 2023

East Side 3-Family investment opportunity awaits! Located upon the crest of Hope Street near the Ladd Observatory, this income generating property is a perfectly situated rental with immediate and convenient access to the most popular East Side and Downtown institutions and amenities. Three 2 Bed/1 bath units are generously portioned, have one off street parking space each, and are occupied with leases in place. Renters and owners enjoy double parlor layouts on the first two floors with bedrooms that can accommodate king/queen sized beds comfortably. Comfortable ceiling height and large closets characterize the third floor unit. All units are individually metered for electricity, have separate fuel sources, and are serviced by dedicated furnaces and hot water tanks.

Last Agent to Sell the Property

Kevin Shepherd

Tidal Consultation LLC License #REB.0018456 Listed on: 11/04/2022

Last Buyer's Agent

Melissa Riley

Westcott Properties License #RES.0033799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 1910

Lot Details

  • 4,792

Home Design

  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Plaster

Interior Spaces

  • 4,414 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 1214BELAIRAVPROV

Community Details

Overview

  • 3 Units
  • Observatory/ Freeman Plat Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,070

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Observatory/ Freeman Plat
  • Above Grade Finished Sq Ft: 4414.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Other
  • Foundation Details: Brick/Mortar, Combination, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 1214BELAIRAVPROV
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 11069.82
  • Tax Lot: 411
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 3, 2023
Sold by
Moutahir Mehdi
Bought by
Papantoniou Christopher
Seller's Agent
Kevin Shepherd
Tidal Consultation LLC
Buyer's Agent
Melissa Riley
Westcott Properties
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Current Estimated Value
$880,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,669
Avg. Annual Appreciation
11.16%
Original Mortgage
$500,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2019
Sold by
Moutahir Victoria
Bought by
Moutahir Mehdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 1, 2006
Sold by
Clark Peter C
Bought by
Moutahir Mehdi and Moutahir Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,228
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Papantoniou Christopher $690,000 None Available
Moutahir Mehdi -- --
Moutahir Mehdi $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papantoniou Christopher $697,500
Closed Papantoniou Christopher $540,000
Closed Papantoniou Christopher $500,000
Previous Owner Moutahir Mehdi $388,500
Previous Owner Moutahir Mehdi $388,500
Previous Owner Moutahir Mehdi $15,995
Previous Owner Moutahir Mehdi $13,710
Previous Owner Moutahir Mehdi $2,500
Previous Owner Moutahir Mehdi $412,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $690,000 -1.4% $156 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $700,000 -- $159 / 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 $11,412 $621,900 $311,300 $310,600
2023 $11,412 $621,900 $311,300 $310,600
2022 $11,070 $621,900 $311,300 $310,600
2021 $10,504 $427,700 $204,500 $223,200
2020 $10,504 $427,700 $204,500 $223,200
2019 $10,504 $427,700 $204,500 $223,200
2018 $10,413 $325,800 $203,300 $122,500
2017 $10,413 $325,800 $203,300 $122,500
2016 $10,413 $325,800 $203,300 $122,500
2015 $9,943 $300,400 $188,800 $111,600
2014 $10,139 $300,400 $188,800 $111,600
2013 $10,139 $300,400 $188,800 $111,600
Source: Public Records

Agents Affiliated with this Home

  • Kevin Shepherd

    Seller's Agent in 2023

    Kevin Shepherd

    Tidal Consultation LLC

    (401) 632-7470

    2 in this area

    37 Total Sales

    Section Image
  • Melissa Riley

    Buyer's Agent in 2023

    Melissa Riley

    Westcott Properties

    (401) 721-4000

    2 in this area

    136 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1323586

State-Wide MLS

APN: PROV-060411-000000-000000

Rhode Island Providence County Providence 02906 Blackstone

12 Belair Ave, Providence, RI

This home is located at 12 Belair Ave, Providence, RI 02906 since 04 November 2022 and is currently estimated at $894,102, approximately $202 per square foot. This property was built in 1910. 12 Belair Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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