Seller's Agent in 2024
Rebecca Mayer
Compass
(401) 447-8040
16 in this area
134 Total Sales
122 Hope St Providence, RI 02906
College Hill Neighborhood
8
Beds
5.5
Baths
7,140
Sq Ft
0.35
Acres
Highlights
- Marina
- Wood Flooring
- 2 Fireplaces
- 0.35 Acre Lot
- Attic
- 3-minute walk to Brassil Park
About This Home
As of May 2024"Rich folks live on Power, but most of us live off Hope" ~ excerpted from the iconic cartoon designed by John Peck (1978). Located at the corner of Power and Hope Streets, this signature 6-unit Victorian Mansard home is available for the first time in almost 50 years. The Underwood-Hale Durfee House ca. 1823 has been beautifully restored and impeccably maintained by its current owner/resident. Period details abound: multiple stained glass windows, lovely millwork and built-ins, pocket doors and a towering belvedere served by an internal stairway. Roofs have been recently replaced, exterior painted, updated mechanicals, A/C. Carefully landscaped gardens provide a secluded and spacious oasis on an expansive 15,000+ SF lot with 3-car garage plus ample parking. Truly an exceptional opportunity! Please Note: A Conservation Easement protects the open area of the property. Further information is available upon request. (Also: MLS limits data entry to a max of 4 units; the property is a legal 6-unit and currently used as a 5-unit in order to preserve the owner-occupied Homestead Exemption) NOTE: Owner-occupancy in R-1 district allows for short-term rentals yielding a very generous income stream!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,007
Year Built
- Built in 1823
Lot Details
- 0.35 Acre Lot
- Fenced
- Corner Lot
- Sprinkler System
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Combination Foundation
- Wood Siding
- Clapboard
- Plaster
Interior Spaces
- 7,140 Sq Ft Home
- 3-Story Property
- Furnished
- 2 Fireplaces
- Self Contained Fireplace Unit Or Insert
- Fireplace Features Masonry
- Gas Fireplace
- Living Room
- Storage Room
- Utility Room
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Security System Owned
- Storm Windows
- Storm Doors
Outdoor Features
- Walking Distance to Water
- Patio
- Porch
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Baseboard Heating
- 220 Volts
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 185
- Assessor Parcel Number 122HOPESTPROV
Community Details
Overview
- 4 Units
- Fox Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
Building Details
- Operating Expense $25,000
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $1,880,000 | -16.4% | $263 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | Price Changed | $2,250,000 | -10.0% | $315 / Sq Ft |
| 11/15/2023 11/15/23 | For Sale | $2,500,000 | -- | $350 / 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 |
|---|---|---|---|---|
| 2025 | $41,634 | $1,601,300 | $502,300 | $1,099,000 |
| 2024 | $26,329 | $1,434,800 | $383,600 | $1,051,200 |
| 2023 | $26,329 | $1,434,800 | $383,600 | $1,051,200 |
| 2022 | $25,539 | $1,434,800 | $383,600 | $1,051,200 |
| 2021 | $19,790 | $805,800 | $292,800 | $513,000 |
| 2020 | $19,790 | $805,800 | $292,800 | $513,000 |
| 2019 | $19,790 | $805,800 | $292,800 | $513,000 |
| 2018 | $22,187 | $694,200 | $269,800 | $424,400 |
| 2017 | $22,187 | $694,200 | $269,800 | $424,400 |
| 2016 | $22,187 | $694,200 | $269,800 | $424,400 |
| 2015 | $19,658 | $593,900 | $269,800 | $324,100 |
| 2014 | $20,044 | $593,900 | $269,800 | $324,100 |
| 2013 | $20,044 | $593,900 | $269,800 | $324,100 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Mayer
Map
Source: State-Wide MLS
MLS Number: 1348177
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Nearby Homes
- 172 Williams St
- 169 Transit St Unit 2
- 104 Sheldon St
- 323 Wickenden St
- 84 Transit St
- 427 Wickenden St
- 165 Waterman St Unit 2
- 130 Gano St Unit A
- 73 Trenton St
- 63 Pitman St Unit 5
- 63 Pitman St Unit 4
- 355 Angell St Unit 7
- 6 Olive St
- 400 Angell St
- 265 Bowen St Unit 1
- 124 Pitman St
- 20 Taber Ave
- 260 Bowen St
- 178 Bowen St Unit 8
- 178 Bowen St Unit 16