$110,000
SOLD JAN 22, 2016

16 Covell St Providence, RI 02909

Olneyville Neighborhood
6 Beds
4 Baths
2,400 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

26% Below List Price

125 Days on Market

Highlights

  • Heating System Uses Steam
  • Carpet
  • 5-minute walk to Joslin Park & Playground

About This Home

As of August 2016

Young duplex, vinyl sided, separate utilities, 3 bedrooms each unit, off street parking, side street, near bus route

Last Agent to Sell the Property

Marilyn Bennett

Salzberg Real Estate Agency License #REB.0013995 Listed on: 08/19/2015

Last Buyer's Agent

Chester Szafranski

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • 2 Units
  • Mount Pleasant Subdivision

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 16COVELLSTPROV

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: MOUNT PLEASANT
  • Above Grade Finished Sq Ft: 2400.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2005
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 2400.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 16COVELLSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5194.0
  • Tax Lot: 144
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 12, 2016
Sold by
Mercado Osvaldo
Bought by
Sambrano Edvin D
Seller's Agent
Chester Szafranski
Premier Homes Realty, LLC
Buyer's Agent
Betsy DaSilva
Noel Realty Company
List Price
$190,777
Sold Price
$205,000
Premium/Discount to List
$14,223
7.46%
Current Estimated Value
$540,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,517
Avg. Annual Appreciation
10.95%
Original Mortgage
$201,286
Outstanding Balance
$164,469
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$356,628

Purchase Details

Closed on
Feb 18, 2014
Sold by
Smith Dane A and Jp Morgan Chase Bank N
Bought by
Jp Morgan Chase Bank N

Purchase Details

Closed on
Aug 10, 2006
Sold by
Mpdr Construction Co
Bought by
Smith Dane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2005
Sold by
West River Realty Llc and Joseph Baginski Llc
Bought by
Mpdr Constr Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Smith Harold R and Wescott Dev
Bought by
Baginski Joseph
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 Type Sale Price Title Company
Warranty Deed $205,000 --
Foreclosure Deed $111,146 --
Deed $304,000 --
Deed $90,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,286 FHA
Previous Owner $115,000 New Conventional
Previous Owner $308,644 No Value Available
Previous Owner $304,200 Purchase Money Mortgage
Previous Owner $16,900 No Value Available
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $205,000 +7.5% $85 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $190,777 +73.4% $79 / Sq Ft
01/22/2016 01/22/16 Sold $110,000 -25.9% $46 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $148,500 -- $62 / 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 $6,867 $374,200 $73,300 $300,900
2023 $6,867 $374,200 $73,300 $300,900
2022 $6,661 $374,200 $73,300 $300,900
2021 $5,909 $240,600 $35,800 $204,800
2020 $5,909 $240,600 $35,800 $204,800
2019 $5,909 $240,600 $35,800 $204,800
2018 $5,465 $171,000 $29,600 $141,400
2017 $5,465 $171,000 $29,600 $141,400
2016 $5,465 $171,000 $29,600 $141,400
2015 $5,094 $153,900 $35,500 $118,400
2014 $5,194 $153,900 $35,500 $118,400
2013 $5,194 $153,900 $35,500 $118,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chester Szafranski

    Premier Homes Realty, LLC

    Section Image
  • Marilyn Bennett

    Seller's Agent in 2016

    Marilyn Bennett

    Salzberg Real Estate Agency

    (401) 651-6978

    75 Total Sales

    Section Image

  • B

    Buyer's Agent in 2016

    Betsy DaSilva

    Noel Realty Company

    (401) 744-4014

    51 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1105525

State-Wide MLS

APN: PROV-630144-000000-000000

Rhode Island Providence County Providence 02909 Olneyville

16 Covell St, Providence, RI

This home is located at 16 Covell St, Providence, RI 02909 and is currently priced at $110,000, approximately $45 per square foot. This property was built in 2005. 16 Covell St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Laurel Hill Annex School.

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