S
Seller's Agent in 2024
Spencer Kelleher
William Raveis Inspire
(508) 493-7093
2 in this area
14 Total Sales
173 Prospect St Providence, RI 02906
Mount Hope NeighborhoodEstimated Value: $1,068,000 - $1,448,000
15
Beds
7
Baths
4,439
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Wood Siding
- 4-minute walk to Brown Street Park
- Forced Air Heating and Cooling System
About This Home
As of October 2024**The property is being sold in a package with 71 Olney St, MLS#1360300. Both properties must be purchased together, total price $3,300,000** 173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.
Last Agent to Sell the Property
William Raveis Inspire License #RES.0048238 Listed on: 05/29/2024
Last Buyer's Agent
William Raveis Inspire License #RES.0048238 Listed on: 05/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,479
Year Built
- Built in 1900
Lot Details
- 5,189 Sq Ft Lot
Home Design
- Stone Foundation
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,439 Sq Ft Home
- 3-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 15 Bedrooms
- 7 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 522
- Assessor Parcel Number 173PROSPECTSTPROV
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2015
Sold by
Feeney Francis P
Bought by
171 Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Outstanding Balance
$882,307
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$375,693
Purchase Details
Closed on
Feb 17, 2006
Sold by
Pearlman Thomas W
Bought by
Feeney Francis P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 1999
Sold by
Levine Philip H and Joyce William D
Bought by
Sousa Scott A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 171 Properties Llc | $910,000 | -- | |
| Feeney Francis P | $537,500 | -- | |
| Sousa Scott A | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sousa Scott A | $1,128,000 | |
| Previous Owner | Sousa Scott A | $310,000 | |
| Previous Owner | Sousa Scott A | $327,500 | |
| Previous Owner | Sousa Scott A | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2024 10/02/24 | Sold | $1,525,000 | -7.6% | $344 / Sq Ft |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $1,650,000 | -- | $372 / 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 |
|---|---|---|---|---|
| 2025 | $19,757 | $1,411,200 | $487,100 | $924,100 |
| 2024 | $19,479 | $1,061,500 | $357,200 | $704,300 |
| 2023 | $19,479 | $1,061,500 | $357,200 | $704,300 |
| 2022 | $18,895 | $1,061,500 | $357,200 | $704,300 |
| 2021 | $15,453 | $629,200 | $210,200 | $419,000 |
| 2020 | $15,962 | $649,900 | $210,200 | $439,700 |
| 2019 | $15,962 | $649,900 | $210,200 | $439,700 |
| 2018 | $14,014 | $438,500 | $214,600 | $223,900 |
| 2017 | $14,014 | $438,500 | $214,600 | $223,900 |
| 2016 | $10,761 | $336,700 | $214,600 | $122,100 |
| 2015 | $12,730 | $384,600 | $214,600 | $170,000 |
| 2014 | $12,980 | $384,600 | $214,600 | $170,000 |
| 2013 | -- | $384,600 | $214,600 | $170,000 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Kelleher
Map
Source: State-Wide MLS
MLS Number: 1360296
APN: PROV-090522-000000-000000
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