NOT LISTED FOR SALE

Estimated Value: $707,000 - $889,000

8 Beds
3 Baths
4,461 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $600,000 $134 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,635/month

65 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Dexter Training Ground Park
  • 1 Fireplace
  • Wood Siding

About This Home

As of September 2022

Massive Victorian two family in Providence's historic West End neighborhood, located directly across from the picturesque views of the Armory building and Dexter Park. This charming multi family has been tastefully updated and provides an excellent investment opportunity. The first floor is a 3 bed 1 bath unit that has a lease in place through June of 2023. The second unit is a townhouse with 5 bedrooms, 2 bathrooms, and a spacious balcony. This unit is vacant which allows for an owner occupant or could be easily rented to produce strong income. Both units have in unit laundry and brand new, high efficiency Navien heating and hot water systems. The right side of the building offers three parking spots. Walking distance to Federal Hill and less than a 10 minute drive to Downtown Providence. This unique two family is a must see!

Last Agent to Sell the Property

Eli Adams

Churchill & Banks Co., LLC License #RES.0043681 Listed on: 06/23/2022

Last Buyer's Agent

Rachael Dotson

Residential Properties Ltd. License #RES.0040997

Residential Properties Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,422

Year Built

  • Built in 1875

Lot Details

  • 2,790 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 4,461 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 150 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $13,500

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 125PARADESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,422

Year Built

Built in 1875

Lot Details

2,790 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.064
  • Above Grade Finished Sq Ft: 4461.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1875
  • 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
  • Total Bedrooms: 8
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2790.0
  • Parcel #: 125PARADESTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 13500.0

Tax Info

  • Tax Annual Amount: 8422.0
  • Tax Lot: 167
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 23, 2022
Sold by
Dem Partners Llc
Bought by
Wilson Dennis F and Wilson Denela H
Seller's Agent
Eli Adams
Churchill & Banks Co., LLC
Buyer's Agent
Rachael Dotson
Residential Properties Ltd.
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Views
34
Current Estimated Value
$786,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,779
Avg. Annual Appreciation
8.03%
Original Mortgage
$450,000
Outstanding Balance
$427,375
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$359,404

Purchase Details

Closed on
Oct 13, 2010
Sold by
Fnma
Bought by
Reynolds Albert E

Purchase Details

Closed on
May 24, 2010
Sold by
Spicer Jack C and Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2004
Sold by
Brown-Everett Ann K
Bought by
Spicer Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2001
Sold by
Appiah Michael and Appiah Ronita M
Bought by
Brown-Everett Ann K

Purchase Details

Closed on
Jul 16, 1997
Sold by
Recycled Rehabilitatio
Bought by
Appiah Michael and Appiah Ronita
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
Wilson Dennis F $600,000 None Available
Reynolds Albert E $170,000 --
Federal National Mortgage Association $288,104 --
Spicer Jack $316,000 --
Brown-Everett Ann K $137,000 --
Appiah Michael $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Dennis F $450,000
Previous Owner Appiah Michael $82,353
Previous Owner Appiah Michael $252,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $600,000 -3.1% $134 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $619,000 +551.6% $139 / Sq Ft
02/08/2013 02/08/13 Sold $95,000 -36.6% $35 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $149,900 -- $55 / Sq Ft
Source: State-Wide MLS

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 $5,171 $684,900 $260,000 $424,900
2024 $9,157 $499,000 $193,000 $306,000
2023 $9,157 $499,000 $193,000 $306,000
2022 $8,423 $473,200 $193,000 $280,200
2021 $7,970 $324,500 $126,000 $198,500
2020 $7,970 $324,500 $126,000 $198,500
2019 $7,970 $324,500 $126,000 $198,500
2018 $7,188 $224,900 $108,000 $116,900
2017 $7,188 $224,900 $108,000 $116,900
2016 $7,188 $224,900 $108,000 $116,900
2015 $7,858 $237,400 $108,000 $129,400
2014 $8,012 $237,400 $108,000 $129,400
2013 $7,196 $213,200 $108,000 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1313827

State-Wide MLS

APN: PROV-360167-000000-000000

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