NOT LISTED FOR SALE

Estimated Value: $780,000 - $976,000

2 Beds
2 Baths
1,412 Sq Ft
$450/mo HOA Fee

Last Sold September 02, 2020

Last sale price $605,000 $428 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,218/month

20 Days on Market

Highlights

  • Marble Flooring
  • Recreation Facilities
  • Bathtub with Shower
  • 2 Fireplaces
  • Window Unit Cooling System
  • 3-minute walk to Prospect Terrace Park

About This Home

As of September 2020

This elegant condo is straight from the pages of a magazine. Located in the heart of College Hill on the Eastside of Providence, this condo is truly a showstopper for the buyer seeking thoughtfully designed living space paired with charm and a wonderful walking neighborhood. The living room is graced with floor to ceiling windows, a wood burning fireplace, and custom built-ins make the perfect display space for your books or art collection. The dining room looks out over historic Benefit Street, and is anchored by another gorgeous fireplace mantle - the perfect spot for a meal with friends! The kitchen has custom cabinetry, sensuous limestone counters and marble back-splash and professional range. This condo has two lovely bedrooms with more tall windows and custom closets and shelving. Both lustrous full-baths feel spa like and refined. Once the family home of a prominent Providence business person, this unit has been lovingly updated to work in harmony with the architecture. Only minutes from retail, grocery, and commuter rail, this neighborhood is in the heart of RISD and Brown University, and the Rhode Island capital building. Be a part of the center and history of Providence, while living in wall-to-wall sophistication, you will love it!

Last Agent to Sell the Property

Rachael Dotson

Residential Properties Ltd. License #RES.0040997 Listed on: 07/13/2020

Residential Properties Ltd.

Last Buyer's Agent

Barrett Gross

RE/MAX FLAGSHIP, INC. License #RES.0024476

RE/MAX FLAGSHIP, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,843

Year Built

  • Built in 1864

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Stone Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,412 Sq Ft Home
  • 4-Story Property
  • 2 Fireplaces
  • Stone Fireplace
  • Storage Room

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 147BENEFITST1PROV

Community Details

Overview

  • 5 Units
  • College Hill Subdivision

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,843

Year Built

Built in 1864

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 1412.0
  • Building Name: 147 Benefit Street Condos
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1864
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Tub Shower
  • Living Area: 1412.0
  • Dining Room Type: Storage Room
  • Stories: 4
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Plaster, Masonry
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Sidewalks
  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 147BENEFITST1PROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 4843.0
  • Tax Lot: 202
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 28, 2020
Sold by
Peterson Thomas
Bought by
Mulkeen Charles M
Seller's Agent
Rachael Dotson
Residential Properties Ltd.
Buyer's Agent
Barrett Gross
RE/MAX FLAGSHIP, INC.
List Price
$610,000
Sold Price
$605,000
Premium/Discount to List
-$5,000
-0.82%
Current Estimated Value
$861,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,952
Avg. Annual Appreciation
6.88%
Original Mortgage
$453,750
Outstanding Balance
$407,901
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$432,901

Purchase Details

Closed on
Oct 15, 2002
Sold by
Knisel Robert A and Knisel Sidney H
Bought by
Hearn Christopher and Hines Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.24%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Tessler Kathy A
Bought by
Knisel Robert A and Knisel Sidney H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.76%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Gagnon Jeffrey P
Bought by
Henninger Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.65%

Purchase Details

Closed on
Apr 24, 1995
Sold by
147 Benefit St Assoc
Bought by
Gagnon Jeffrey P
Source: Public Records

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
Mulkeen Charles M $605,000 None Available
Hearn Christopher $469,000 --
Knisel Robert A $259,000 --
Henninger Kathy A $220,000 --
Gagnon Jeffrey P $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulkeen Charles M $453,750
Previous Owner Lima Sydney M $50,000
Previous Owner Gagnon Jeffrey P $25,000
Previous Owner Gagnon Jeffrey P $225,000
Previous Owner Gagnon Jeffrey P $198,400
Previous Owner Gagnon Jeffrey P $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $605,000 -0.8% $428 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $610,000 -- $432 / 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 $12,577 $685,400 $0 $685,400
2023 $12,577 $685,400 $0 $685,400
2022 $8,073 $685,400 $0 $685,400
2021 $8,073 $328,700 $0 $328,700
2020 $8,073 $328,700 $0 $328,700
2019 $8,073 $328,700 $0 $328,700
2018 $12,321 $385,500 $0 $385,500
2017 $12,321 $385,500 $0 $385,500
2016 $12,321 $385,500 $0 $385,500
2015 $13,376 $404,100 $0 $404,100
2014 $13,638 $404,100 $0 $404,100
2013 $13,638 $404,100 $0 $404,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1258776

State-Wide MLS

APN: PROV-100202-000000-000001