NOT LISTED FOR SALE

Estimated Value: $828,000 - $956,654

7 Beds
3 Baths
5,230 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $750,000 $143 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,222/month

5 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Storage Room
  • 2 Fireplaces
  • Thermal Windows
  • 2-minute walk to Brassil Park

About This Home

As of August 2022

177 Transit Street is a three-story Greek revival built in 1854 by Charles Lake and located in in Fox Point, a Providence neighborhood rich with history and architecture. Large rooms with high ceilings, beautifully updated hardwood floors, ornamental fireplaces, double parlors with transom windows and ornate ceiling medallions. Don't get lost in the charm though: robust systems updates include 3 new on-demand heating & hot water systems and updated electrical panels. While used extensively as a three-unit home, its current legal use is two units. First and second floor units have 2-3 bedrooms. There's also an opportunity to expand into the third floor/attic. A perfectly turn-key investment property or add value by updating some of the aesthetics and make it your own!

Last Agent to Sell the Property

Nelson Taylor

Compass Listed on: 07/13/2022

Compass

Last Buyer's Agent

Susan Schultz

Serhant New England License #RES.0041102

Serhant New England

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 1854

Lot Details

  • 3,608 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 5,230 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 388
  • Assessor Parcel Number 177TRANSITSTPROV

Community Details

Overview

  • 3 Units
  • Fox Point Subdivision

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,795

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0828
  • Subdivision Name: Fox Point
  • Above Grade Finished Sq Ft: 5230.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1854
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Masonry, Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Internal Expansion
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3608.0
  • Parcel #: 177TRANSITSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5795.0
  • Tax Lot: 388
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 22, 2022
Sold by
Castagna Katy and Ray Aaron C
Bought by
Trehan Akhil
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Susan Schultz
Serhant New England
List Price
$729,000
Sold Price
$750,000
Premium/Discount to List
$21,000
2.88%
Current Estimated Value
$902,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,164
Avg. Annual Appreciation
5.55%
Original Mortgage
$525,000
Outstanding Balance
$500,375
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,789
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trehan Akhil $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trehan Akhil $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2022 08/22/22 Sold $750,000 +2.9% $143 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $729,000 +62.0% $139 / Sq Ft
01/31/2018 01/31/18 Sold $450,000 -14.0% $173 / Sq Ft View Prior Sale
01/01/2018 01/01/18 Pending -- -- --
08/03/2017 08/03/17 For Sale $523,000 -- $201 / 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
2025 $6,617 $876,400 $437,800 $438,600
2024 $11,557 $629,800 $334,400 $295,400
2023 $11,557 $629,800 $334,400 $295,400
2022 $11,210 $629,800 $334,400 $295,400
2021 $9,657 $393,200 $212,300 $180,900
2020 $9,657 $393,200 $212,300 $180,900
2019 $9,657 $393,200 $212,300 $180,900
2018 $9,949 $311,300 $195,800 $115,500
2017 $9,949 $311,300 $195,800 $115,500
2016 $9,949 $311,300 $195,800 $115,500
2015 $9,606 $290,200 $195,800 $94,400
2014 $9,794 $290,200 $195,800 $94,400
2013 $9,794 $290,200 $195,800 $94,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1315336

State-Wide MLS

APN: PROV-160388-000000-000000