NOT LISTED FOR SALE

197 Chapin Ave Providence, RI 02909

West End Neighborhood

Estimated Value: $550,000 - $693,000

9 Beds
3 Baths
3,276 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $295,000 $90 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,709/month

123 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Major Park

About This Home

As of March 2018

sold before print

Last Agent to Sell the Property

Enrique Mendez

BHHS Pinnacle Realty License #RES.0033266 Listed on: 10/24/2017

BHHS Pinnacle Realty

Last Buyer's Agent

Enrique Mendez

BHHS Pinnacle Realty License #RES.0033266 Listed on: 10/24/2017

BHHS Pinnacle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1930

Lot Details

  • 4,500 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,276 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 275
  • Assessor Parcel Number 197ChapinAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 3276.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4500.0
  • Parcel #: 197ChapinAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4056.0
  • Tax Lot: 275
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 23, 2018
Sold by
Vargas Dora
Bought by
Davila Pedro
Seller's Agent
Enrique Mendez
BHHS Pinnacle Realty
Buyer's Agent
Enrique Mendez
BHHS Pinnacle Realty
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$612,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,455
Avg. Annual Appreciation
10.16%
Original Mortgage
$289,656
Outstanding Balance
$247,858
Interest Rate
4.32%
Mortgage Type
FHA
Estimated Equity
$364,597

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 21, 2017
Sold by
Homewood Acres and Providence City Of
Bought by
Ofokansi Victor O
Seller's Agent
Anthony Caprio
Center Place Realty & Investm.
Buyer's Agent
Enrique Mendez
BHHS Pinnacle Realty
List Price
$69,900
Sold Price
$100,000
Premium/Discount to List
$30,100
43.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
315.13%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Angels Deli Rigp and Providence City Of
Bought by
Ofokansi Victor O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davila Pedro $295,000 --
Ofokansi Victor O -- --
Ofokansi Victor O $2,453 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Pedro $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2018 03/26/18 Sold $295,000 0.0% $90 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $295,000 +195.0% $90 / Sq Ft
06/20/2017 06/20/17 Sold $100,000 +43.1% $31 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $69,900 -- $21 / 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 $5,391 $293,800 $72,500 $221,300
2023 $5,391 $293,800 $72,500 $221,300
2022 $5,230 $293,800 $72,500 $221,300
2021 $6,292 $256,200 $34,500 $221,700
2020 $6,292 $256,200 $34,500 $221,700
2019 $6,292 $256,200 $34,500 $221,700
2018 $4,056 $126,900 $34,200 $92,700
2017 $4,056 $126,900 $34,200 $92,700
2016 $4,056 $126,900 $34,200 $92,700
2015 $3,509 $106,000 $34,200 $71,800
2014 $3,578 $106,000 $34,200 $71,800
2013 $3,578 $106,000 $34,200 $71,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Enrique Mendez

    BHHS Pinnacle Realty

    (401) 626-2882

    1 in this area

    25 Total Sales

    Enrique Mendez
    Section Image

  • A

    Seller's Agent in 2017

    Anthony Caprio

    Center Place Realty & Investm.

    (401) 823-4558

    15 Total Sales

    Anthony Caprio
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1176488

State-Wide MLS

APN: PROV-370275-000000-000000

Rhode Island Providence County Providence 02909 West End

197 Chapin Ave, Providence, RI

This home is located at 197 Chapin Ave, Providence, RI 02909 since 24 October 2017 and is currently estimated at $612,455, approximately $186 per square foot. This property was built in 1930. 197 Chapin Ave 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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