NOT LISTED FOR SALE

146 Chapin Ave Unit 148 Providence, RI 02909

West End Neighborhood

Estimated Value: $596,484 - $731,000

10 Beds
5 Baths
5,793 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $425,000 $73 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,348/month

21 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Shops
  • Bathtub with Shower
  • Public Transportation
  • 2-minute walk to Major Park

About This Home

As of February 2021

Wnderful investment opportunity, come and see! This property boasts
othree very large units with ample parking. 1st floor unit and 3rd
floor unit each have spacious two-level units with two bathrooms in
each. The third unit (3rd/4th floor) even has two kitchens & 5
bedrooms. The units have had substantial updating including new
kitchens in the top floor unit & a mix of new and original plank wood
flooring in Unit 2. Separate utilities. Stainless appliances.
This great West End property is located in a historic, friendly,
neighborhood bustling with revitalization thanks to the help of a
strong neighborhood association who helps organize businesses and
connect neighbors to preserve this community with a great mission,
Shop, Work, Eat and Learn Locally. This property is easily accessible
to downtown by bus/car/bike, minutes from 95, 195, 6 & 10.

Last Listed By

Jacquelyn Clegg

Seaflower Property Group License #RES.0040863 Listed on: 12/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,793 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 231
  • Assessor Parcel Number 146148CHAPINAVPROV

Community Details

Overview

  • 3 Units
  • West End Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,248

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: West End
  • Above Grade Finished Sq Ft: 5793.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

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: 4356.0
  • Parcel #: 146148CHAPINAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 5248.0
  • Tax Lot: 231
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 19, 2021
Sold by
Browne Christopher D
Bought by
Browne Gbatoh
Seller's Agent
Jacquelyn Clegg
Seaflower Property Group
Buyer's Agent
Jacquelyn Clegg
Seaflower Property Group
List Price
$389,000
Sold Price
$425,000
Premium/Discount to List
$36,000
9.25%
Total Days on Market
21
Current Estimated Value
$682,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,371
Avg. Annual Appreciation
10.51%
Original Mortgage
$389,193
Outstanding Balance
$355,695
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$292,904

Purchase Details

Listed on
Dec 10, 2018
Closed on
Mar 1, 2019
Sold by
Tejada Luis R and Tejada Nilda E
Bought by
Browne Christopher D
Seller's Agent
Nelson Sena
RE/MAX Innovations
Buyer's Agent
Scott Aceto
Smith and Oak Real Estate Co.
List Price
$319,900
Sold Price
$318,000
Premium/Discount to List
-$1,900
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$238,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1991
Sold by
Diruggerio Victor G
Bought by
Tejada Luis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,050
Interest Rate
9.06%

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
Browne Gbatoh $425,000 None Available
Browne Christopher D $318,000 --
Tejada Luis R $108,000 --
Tejada Luis R $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne Gbatoh $111,700
Open Browne Gbatoh $389,193
Previous Owner Browne Christopher D $238,500
Previous Owner Tejada Luis R $262,500
Previous Owner Tejada Luis R $50,000
Previous Owner Tejada Luis R $25,000
Previous Owner Tejada Luis R $106,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $425,000 +9.3% $73 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $389,000 +22.3% $67 / Sq Ft
03/01/2019 03/01/19 Sold $318,000 -0.6% $55 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $319,900 -- $55 / 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 $6,780 $369,500 $72,500 $297,000
2023 $6,780 $369,500 $72,500 $297,000
2022 $6,577 $369,500 $72,500 $297,000
2021 $5,248 $213,700 $34,500 $179,200
2020 $5,248 $213,700 $34,500 $179,200
2019 $5,248 $213,700 $34,500 $179,200
2018 $4,666 $146,000 $34,200 $111,800
2017 $4,666 $146,000 $34,200 $111,800
2016 $4,666 $146,000 $34,200 $111,800
2015 $3,995 $120,700 $34,200 $86,500
2014 $4,074 $120,700 $34,200 $86,500
2013 $3,935 $116,600 $34,200 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1271352

State-Wide MLS

APN: PROV-370231-000000-000000