NOT LISTED FOR SALE

Estimated Value: $571,000 - $658,000

9 Beds
3.5 Baths
5,172 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $480,000 $93 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,034/month

5 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • 3-minute walk to Joslin Park & Playground
  • Porch
  • Heating System Uses Steam

About This Home

As of July 2022

Attention property investors! Don't miss your opportunity to own this multi-unit property in the heart of Olneyville, minutes from Federal Hill and Downtown Providence! The first-floor unit features two large bedrooms, a beautifully updated bathroom, original details, tall ceilings and enjoys the washer/dryer in the basement. The sunny second floor unit features 3 bedrooms, 1 bathroom and the third unit is 4 bedrooms, 1.5 bathrooms. Opportunity for rental income here is quite good and tenants pay their own metered utilities. Outside, curb appeal abounds with landscaping and a private garden in the rear. The young driveway has ample off-street parking. The location is ideal, close to highways and downtown Providence checking all the boxes that potential tenants look for. Take this property to the next level with updates and improvements or live in one unit and rent out the rest either way you will have a long-term investment property for many years to come! Reach out today for your private showing! *Tax rate may decrease if property becomes owner-occupied.

Last Listed By

Spectrum Real Estate Consultants T

Keller Williams Leading Edge Listed on: 06/08/2022

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,709

Year Built

  • Built in 1920

Lot Details

  • 3,800

Home Design

  • Shingle Siding

Interior Spaces

  • 5,172 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 3,800 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 123JULIANSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,709

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0872
  • Above Grade Finished Sq Ft: 5172.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3800.0
  • Parcel #: 123JULIANSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8709.0
  • Tax Lot: 71
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 25, 2022
Sold by
Dicenso Wieslawa
Bought by
Martinez-Bonilla Juan C and Martinez-Bonilla Bonilla-Dehernandez L
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Johanna Stephenson
Broadway Real Estate Group
List Price
$449,900
Sold Price
$480,000
Premium/Discount to List
$30,100
6.69%
Total Days on Market
5
Current Estimated Value
$616,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,257
Avg. Annual Appreciation
10.15%
Original Mortgage
$471,306
Outstanding Balance
$453,955
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$177,762

Purchase Details

Closed on
Jun 17, 1996
Sold by
Karpinski Halina
Bought by
Dicenso Wieslawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,857
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

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
Martinez-Bonilla Juan C $480,000 None Available
Dicenso Wieslawa $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Bonilla Juan C $471,306
Previous Owner Dicenso Wieslawa $118,500
Previous Owner Dicenso Wieslawa $130,000
Previous Owner Dicenso Wieslawa $77,198
Previous Owner Dicenso Wieslawa $54,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $480,000 +6.7% $93 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $449,900 -- $87 / 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 $7,008 $381,900 $71,800 $310,100
2023 $7,008 $381,900 $71,800 $310,100
2022 $6,312 $354,600 $71,800 $282,800
2021 $4,973 $202,500 $33,500 $169,000
2020 $4,973 $202,500 $33,500 $169,000
2019 $4,973 $202,500 $33,500 $169,000
2018 $4,206 $131,600 $27,600 $104,000
2017 $4,021 $125,800 $27,600 $98,200
2016 $4,021 $125,800 $27,600 $98,200
2015 $4,614 $139,400 $33,200 $106,200
2014 $4,705 $139,400 $33,200 $106,200
2013 $4,705 $139,400 $33,200 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1312424

State-Wide MLS

APN: PROV-620071-000000-000000