16 Emmett St Providence, RI 02903
Upper South Providence Neighborhood
8
Beds
4
Baths
4,366
Sq Ft
3,031
Sq Ft Lot
Highlights
- Wood Flooring
- Laundry Room
- Public Transportation
- Recreation Facilities
- Storage Room
- Shops
About This Home
As of December 2024Multiple offers, deadline for all offers is Tuesday October 29th by 5pm. The seller reserves the right to accept an offer at any time. Discover this charming, oversized 3-unit investment property located in the heart of Providence's Hospital District. Oozing with character, this fully vacant property offers an excellent rental opportunity, featuring updated kitchens and baths, a new roof, and upgraded electrical systems. Situated within walking distance to local hospitals, this prime location presents great potential for rental increases. Don't miss out on this exceptional opportunity to invest in a thriving rental market! Also for sale, connecting lot 12 Emmett St, additional 3600 sq ft lot, providing ample off-street parking for tenants or potential for expansion.
Last Agent to Sell the Property
The Hennessy Group License #RES.0043779 Listed on: 10/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,175
Year Built
- Built in 1910
Parking
- No Garage
Home Design
- Clapboard
Interior Spaces
- 4,366 Sq Ft Home
- 3-Story Property
- Storage Room
- Laundry Room
- Utility Room
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- Gas Water Heater
Additional Features
- 3,031 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 752
- Assessor Parcel Number 16EMMETTSTPROV
Community Details
Overview
- 3 Units
- West Side/ Hospital/ Upper South Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $25,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Dec 12, 2024
Sold by
Ward Brandon J
Bought by
T3 Properties Llc
Seller's Agent
Sydelle Stinson
The Hennessy Group
Buyer's Agent
Celina Lemos Tillett
Circle 100 Real Estate
List Price
$749,000
Sold Price
$645,000
Premium/Discount to List
-$104,000
-13.89%
Total Days on Market
28
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,853
Avg. Annual Appreciation
0.92%
Original Mortgage
$516,000
Outstanding Balance
$514,197
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,656
Purchase Details
Listed on
Apr 2, 2021
Closed on
Sep 17, 2021
Sold by
Cabral Alfred T
Bought by
Ward Brandon J
Seller's Agent
April Holland
Keller Williams Leading Edge
Buyer's Agent
Jennifer Petreccia
RE/MAX ADVANTAGE GROUP
List Price
$399,000
Sold Price
$406,000
Premium/Discount to List
$7,000
1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$304,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 1999
Sold by
Rankowitz Peter J
Bought by
Cabral Alfred T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | None Available | |
| Warranty Deed | $645,000 | None Available | |
| Warranty Deed | $645,000 | None Available | |
| Warranty Deed | $406,000 | None Available | |
| Warranty Deed | $406,000 | None Available | |
| Warranty Deed | $78,500 | -- | |
| Warranty Deed | $78,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $516,000 | Purchase Money Mortgage | |
| Closed | $516,000 | Purchase Money Mortgage | |
| Previous Owner | $304,500 | Purchase Money Mortgage | |
| Previous Owner | $74,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $645,000 | +0.9% | $148 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | Price Changed | $639,000 | -14.7% | $146 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $749,000 | +84.5% | $172 / Sq Ft |
| 09/17/2021 09/17/21 | Sold | $406,000 | +1.8% | $68 / Sq Ft |
| 08/18/2021 08/18/21 | Pending | -- | -- | -- |
| 04/02/2021 04/02/21 | For Sale | $399,000 | -- | $67 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,175 | $391,000 | $55,300 | $335,700 |
| 2023 | $7,175 | $391,000 | $55,300 | $335,700 |
| 2022 | $6,960 | $391,000 | $55,300 | $335,700 |
| 2021 | $5,683 | $231,400 | $24,100 | $207,300 |
| 2020 | $5,683 | $231,400 | $24,100 | $207,300 |
| 2019 | $5,683 | $231,400 | $24,100 | $207,300 |
| 2018 | $4,557 | $142,600 | $21,900 | $120,700 |
| 2017 | $4,557 | $142,600 | $21,900 | $120,700 |
| 2016 | $4,557 | $142,600 | $21,900 | $120,700 |
| 2015 | $3,300 | $99,700 | $21,900 | $77,800 |
| 2014 | $3,365 | $99,700 | $21,900 | $77,800 |
| 2013 | $3,365 | $99,700 | $21,900 | $77,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sydelle Stinson
Seller's Agent in 2024
Sydelle Stinson
The Hennessy Group
(401) 441-9900
4 in this area
80 Total Sales
-
Celina Lemos Tillett
C
Buyer's Agent in 2024
Celina Lemos Tillett
Circle 100 Real Estate
(401) 830-0833
3 in this area
73 Total Sales
-
April Holland
Seller's Agent in 2021
April Holland
Keller Williams Leading Edge
(401) 699-3209
5 in this area
107 Total Sales
-
Jennifer Petreccia
Buyer's Agent in 2021
Jennifer Petreccia
RE/MAX ADVANTAGE GROUP
(401) 439-8835
2 in this area
107 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1371225
APN: PROV-230752-000000-000000
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