NOT LISTED FOR SALE

131 W Park St Providence, RI 02908

Smith Hill Neighborhood

Estimated Value: $569,517 - $700,000

7 Beds
3 Baths
4,251 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $342,000 $80 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,655/month

19 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • Bathtub with Shower
  • Shops
  • 4-minute walk to Candace Street Park

About This Home

As of October 2020

Fantastic three family home in a very special location. The road dead ends and there are only a few houses amongst the trees. It feels so rural yet you are in the heart of the city. The first floor has been renovated with a brand new custom tiled bathroom and is vacant and ready to move in. It has 3 bedrooms a nice living room and a huge kitchen. The second floor 2 bed room apartment is spacious and comfortable. The third floor has 2 bedrooms and lots of character. Spacious yard. Close to all amenities and highway access. This great opportunity won't last.

Last Agent to Sell the Property

Bill Gaess

Keller Williams Coastal License #RES.0029228 Listed on: 08/27/2020

Keller Williams Coastal

Last Buyer's Agent

Jay Rezendes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 1910

Lot Details

  • 5,937 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,251 Sq Ft Home
  • 3-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 131WESTPARKSTPROV

Community Details

Overview

  • 3 Units
  • Smith Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,580

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Smith Hill
  • Above Grade Finished Sq Ft: 4251.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Clapboard, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5937.0
  • Parcel #: 131WESTPARKSTPROV
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 4580.0
  • Tax Lot: 158
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 16, 2020
Sold by
Lusi Joseph
Bought by
Delgado Malik
Seller's Agent
Bill Gaess
Keller Williams Coastal
Buyer's Agent
Jay Rezendes
List Price
$319,900
Sold Price
$342,000
Premium/Discount to List
$22,100
6.91%
Current Estimated Value
$635,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,129
Avg. Annual Appreciation
12.80%
Original Mortgage
$335,805
Outstanding Balance
$298,005
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$337,124

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 23, 2019
Sold by
Depaiva Jessica P
Bought by
Lusi Joseph
Seller's Agent
Kathy Souza
RE/MAX Preferred
Buyer's Agent
Kathy Souza
RE/MAX Preferred
List Price
$200,000
Sold Price
$200,300
Premium/Discount to List
$300
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.59%
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2015
Sold by
Depaiva Maria N
Bought by
Depaiva Jessica P
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
Delgado Malik $342,000 None Available
Lusi Joseph $200,300 --
Depaiva Jessica P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Malik $335,805
Previous Owner Lusi Joseph $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $342,000 +6.9% $80 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $319,900 +59.7% $75 / Sq Ft
11/01/2019 11/01/19 Sold $200,300 +0.2% $47 / Sq Ft View Prior Sale
10/02/2019 10/02/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $200,000 -- $47 / 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
2025 $3,773 $499,800 $147,500 $352,300
2024 $5,630 $306,800 $69,600 $237,200
2023 $5,630 $306,800 $69,600 $237,200
2022 $5,461 $306,800 $69,600 $237,200
2021 $4,580 $186,500 $36,300 $150,200
2020 $4,580 $186,500 $36,300 $150,200
2019 $4,580 $186,500 $36,300 $150,200
2018 $3,845 $120,300 $39,000 $81,300
2017 $3,845 $120,300 $39,000 $81,300
2016 $3,845 $120,300 $39,000 $81,300
2015 $3,787 $114,400 $51,000 $63,400
2014 $3,861 $114,400 $51,000 $63,400
2013 -- $114,400 $51,000 $63,400
Source: Public Records

Agents Affiliated with this Home

  • Bill Gaess

    Seller's Agent in 2020

    Bill Gaess

    Keller Williams Coastal

    (401) 623-1543

    5 in this area

    32 Total Sales

    Bill Gaess
    Section Image
  • Jay Rezendes

    Buyer's Agent in 2020

    Jay Rezendes

    (401) 639-3914

    1 in this area

    121 Total Sales

    Jay Rezendes
    Section Image
  • Kathy Souza

    Seller's Agent in 2019

    Kathy Souza

    RE/MAX Preferred

    (401) 265-4494

    1 in this area

    61 Total Sales

    Kathy Souza
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1262904

State-Wide MLS

APN: PROV-670158-000000-000000

Rhode Island Providence County Providence 02908 Smith Hill

131 W Park St, Providence, RI

Not Listed for Sale

MultiFamily

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