NOT LISTED FOR SALE

188 Benefit St Unit 2 Providence, RI 02903

College Hill Neighborhood

Estimated Value: $581,000 - $665,000

1 Bed
2 Baths
1,028 Sq Ft
$298/mo HOA Fee

Last Sold November 16, 2020

Last sale price $335,000 $326 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,278/month

32 Days on Market

Highlights

  • River Access
  • 1 Fireplace
  • Storm Windows
  • Wood Flooring
  • Recreation Facilities
  • 3-minute walk to Prospect Terrace Park

About This Home

As of November 2020

Welcome to The Rufus Waterman House, a rare offering in the heart of Providence's sought-after East Side. Centrally located between Downtown Providence and Brown University, the second unit of this condo is highlighted by hardwood floors throughout and wide-open spaces. A vast living room welcomes you into the home and leads you into the well-appointed kitchen with granite countertops and abutting islands - encouraging cooking and gathering on small or large scales. An ensuite bedroom with a walk-in closet, fireplace, and oversized windows offers the perfect balance of light and warmth. A rare private patio completes this College Hill gem. For easy, luxury living in the city, look no further than 188 Benefit Street, Unit #2.

Last Agent to Sell the Property

Benjamin Scungio

Mott & Chace Sotheby's Intl. License #REB.0019662 Listed on: 09/14/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Stephanie Basile

Compass License #RES.0029801

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1865

Lot Details

  • 6,098

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Combination Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,028 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Intercom

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • River Access
  • Patio

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 188BENEFITST2PROV

Community Details

Overview

  • 6 Units
  • College Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,033

Year Built

Built in 1865

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 1028.0
  • Building Name: Rufus Waterman House
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1865
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Interior Entry, None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1028.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access
  • Construction Type: Plaster, Aluminum Siding, Brick, Masonry
  • Exterior Features: Patio
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Security: Security System Leased
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 298.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 188BENEFITST2PROV
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 5033.0
  • Tax Lot: 55
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 16, 2020
Sold by
Ahlin Jenny and Arndt Edward
Bought by
Tupper Linda and Tupper Robert C
Seller's Agent
Benjamin Scungio
Mott & Chace Sotheby's Intl.
Buyer's Agent
Stephanie Basile
Compass
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Current Estimated Value
$627,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,265
Avg. Annual Appreciation
11.13%
Original Mortgage
$189,000
Outstanding Balance
$169,711
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$389,177

Purchase Details

Listed on
Aug 1, 2017
Closed on
Feb 9, 2018
Sold by
Doherty Briggs A and Doherty Paula D
Bought by
Arndt Edward and Ahlin Jenny
Seller's Agent
Helen Macdonald
Residential Properties Ltd.
Buyer's Agent
Helen MacDonald
Coleman REALTORS, Inc.
List Price
$389,900
Sold Price
$323,000
Premium/Discount to List
-$66,900
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$256,800
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Benefit Holding Co Llc
Bought by
Doherty Briggs A and Doherty Paula D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Tupper Linda $335,000 None Available
Arndt Edward $323,000 --
Doherty Briggs A $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tupper Linda $189,000
Previous Owner Arndt Edward $256,800
Previous Owner Doherty Briggs A $226,500
Previous Owner Doherty Briggs A $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $335,000 -8.2% $326 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $365,000 +13.0% $355 / Sq Ft
02/09/2018 02/09/18 Sold $323,000 -17.2% $314 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $389,900 -- $379 / 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 $7,999 $435,900 $0 $435,900
2023 $7,999 $435,900 $0 $435,900
2022 $7,759 $435,900 $0 $435,900
2021 $7,805 $317,800 $0 $317,800
2020 $7,805 $317,800 $0 $317,800
2019 $7,805 $317,800 $0 $317,800
2018 $8,437 $264,000 $0 $264,000
2017 $8,437 $264,000 $0 $264,000
2016 $8,437 $264,000 $0 $264,000
2015 $8,272 $249,900 $0 $249,900
2014 $8,434 $249,900 $0 $249,900
2013 $8,434 $249,900 $0 $249,900
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Scungio

    Seller's Agent in 2020

    Benjamin Scungio

    Mott & Chace Sotheby's Intl.

    (401) 413-5753

    7 in this area

    218 Total Sales

    Benjamin Scungio
    Section Image
  • Stephanie Basile

    Buyer's Agent in 2020

    Stephanie Basile

    Compass

    (401) 465-3975

    5 in this area

    232 Total Sales

    Stephanie Basile
    Section Image

  • H

    Seller's Agent in 2018

    Helen Macdonald

    Residential Properties Ltd.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1264169

State-Wide MLS

APN: PROV-100055-000000-000002

Rhode Island Providence County Providence 02903 College Hill

188 Benefit St Unit 2, Providence, RI

This home is located at 188 Benefit St Unit 2, Providence, RI 02903 since 14 September 2020 and is currently estimated at $627,265, approximately $610 per square foot. This property was built in 1865. 188 Benefit St Unit 2 is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Alfred Lima Sr. Elementary School.

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