Seller's Agent in 2022
Nelson Taylor
Compass
(401) 214-1524
11 in this area
607 Total Sales
196 Waterman St Providence, RI 02906
Wayland NeighborhoodEstimated Value: $1,217,212
4
Beds
3.5
Baths
5,584
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Public Transportation
- Forced Air Heating and Cooling System
- Recreation Facilities
- Property near a hospital
- Paved or Partially Paved Lot
About This Home
As of June 2022196 Waterman on the East Side of Providence, located in the Wayland Square neighborhood, is a four-unit building, currently housing a real estate company on the first floor, two psychiatry offices on the second floor and a two-bedroom residential apartment on the third floor. Gross rents equal $86,000 annually. (NOTE: The property is legally zoned for four residential apartments). Fully restored inside and out in 2006, this is a stunning example of turn-of-the-century architecture. The first floor has its own heating and cooling system, and the second and third floors share a system. Every unit has air-conditioning. All heating, cooling and hot water is included in the rents because there is one gas meter, but could be easily separated. All units are already separately metered for electric. There are five off-street parking spaces. All a short walk to shops, restaurants and cafes. Zero vacancy rate. A prize to own for the years to come.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,383
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Paved or Partially Paved Lot
Home Design
- Combination Foundation
- Shingle Siding
- Plaster
Interior Spaces
- 5,584 Sq Ft Home
- 3-Story Property
- Fireplace Features Masonry
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Parking Spaces
- No Garage
- Driveway
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 504
- Assessor Parcel Number 196WATERMANSTPROV
Community Details
Overview
- 4 Units
- Wayland Subdivision
Amenities
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2023
Sold by
Carolan Brendan J and Kratzenberg Richard M
Bought by
196 Waterman St Rlty Llc
Current Estimated Value
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jun 9, 2022
Sold by
Stevlor Realty Llc
Bought by
Carolan Brendan J and Kratzenberg Richard M
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Lindsay Pettinelli
Churchill & Banks Co., LLC
List Price
$895,000
Sold Price
$1,005,000
Premium/Discount to List
$110,000
12.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$653,250
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2014
Sold by
Martiesian Jason C
Bought by
196A Waterman Street L
Purchase Details
Closed on
Feb 23, 2004
Sold by
Apm Assoc
Bought by
Stevlor Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 13, 2000
Sold by
Holland Robert K
Bought by
Beck Brian and Beck Adele
Purchase Details
Closed on
Dec 13, 1999
Sold by
Sternberg Josef and Sternberg Natalia
Bought by
Martiesian Jason C and Martiesian Joshua C
Purchase Details
Closed on
Mar 31, 1993
Sold by
Bert Amelia
Bought by
Holland Robert K
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 |
|---|---|---|---|
| 196 Waterman St Rlty Llc | -- | None Available | |
| 196 Waterman St Rlty Llc | -- | None Available | |
| Carolan Brendan J | $1,005,000 | None Available | |
| 196A Waterman Street L | -- | -- | |
| 196A Waterman Street L | -- | -- | |
| Stevlor Llc | $650,000 | -- | |
| Stevlor Llc | $650,000 | -- | |
| Beck Brian | $210,000 | -- | |
| Beck Brian | $210,000 | -- | |
| Martiesian Jason C | $204,000 | -- | |
| Martiesian Jason C | $204,000 | -- | |
| Holland Robert K | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carolan Brendan J | $653,250 | |
| Previous Owner | Gazzolo | $443,000 | |
| Previous Owner | Stevlor Realty Llc | $428,000 | |
| Previous Owner | Holland Robert K | $700,000 | |
| Previous Owner | Holland Robert K | $505,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2022 06/09/22 | Sold | $1,005,000 | +12.3% | $180 / Sq Ft |
| 04/28/2022 04/28/22 | For Sale | $895,000 | +79.0% | $160 / Sq Ft |
| 12/18/2018 12/18/18 | Sold | $500,000 | -3.7% | $140 / Sq Ft |
| 11/18/2018 11/18/18 | Pending | -- | -- | -- |
| 09/11/2018 09/11/18 | For Sale | $519,000 | -- | $145 / 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 | -- | $764,700 | $352,800 | $411,900 |
| 2023 | $0 | $764,700 | $352,800 | $411,900 |
| 2022 | $0 | $681,100 | $352,800 | $328,300 |
| 2021 | $0 | $555,400 | $281,500 | $273,900 |
| 2020 | $0 | $555,400 | $281,500 | $273,900 |
| 2019 | $0 | $555,400 | $281,500 | $273,900 |
| 2018 | $0 | $514,300 | $281,500 | $232,800 |
| 2017 | $0 | $514,300 | $281,500 | $232,800 |
| 2016 | -- | $514,300 | $281,500 | $232,800 |
| 2015 | -- | $471,500 | $268,100 | $203,400 |
| 2014 | -- | $471,500 | $268,100 | $203,400 |
| 2013 | -- | $471,500 | $268,100 | $203,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Lindsay Pettinelli
Churchill & Banks Co., LLC
(401) 439-0582
4 in this area
190 Total Sales
-
G
Buyer's Agent in 2018
Geraldine Schiffman
Residential Properties, Ltd.
-
G
Buyer's Agent in 2018
Gerri Schiffman
Residential Properties Ltd.
20 in this area
298 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1308572
APN: PROV-140504-000000-000000
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