NOT LISTED FOR SALE

2 Blanding Ave East Providence, RI 02914

Estimated Value: $472,000 - $536,000

4 Beds
4 Baths
3,868 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $385,000 $100 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,186/month

6 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Window Unit Cooling System
  • Recreation Facilities
  • Skylights
  • Bathtub with Shower

About This Home

As of April 2022

Don't miss out on this great opportunity! This 35 year young, side-by-side, up-down duplex has identical mirror image units. One unit is currently vacant and ready for a new tenant and one unit is occupied at below market rent on a month-to-month lease, making it a great opportunity for an owner occupied or investment property. The first floor has a living room, eat in kitchen and full bathroom with a shower stall while the 2nd floor has two large bedrooms and one full bathroom with a tub/shower. There are large rear decks for each unit and a private fenced back yard with a large shed for storage at the rear of the property, and off street parking for 4-5 vehicles. Separately metered gas heat, municipal water and sewer paid by tenants. Easy highway access to Rt 195 & Rt 95, minutes to East Side & downtown Providence, close to schools, shopping and dining.

Last Agent to Sell the Property

Ed August

PMI of Rhode Island License #REC.0018109 Listed on: 03/01/2022

Last Buyer's Agent

Chantra Sek

Coldwell Banker Realty License #RES.0041078

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 1987

Lot Details

  • 5,400 Sq Ft Lot
  • Fenced

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,868 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Thermal Windows
  • Storage Room
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 1 / 14
  • Assessor Parcel Number 2BLANDINGAVEPRO

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $8,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,642

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.124
  • Inclusions: 1) Appliances currently in place convey with sale; 2) (3) Window A/C units in 2 1/2 Blanding Ave convey with sale but are provided as is without any guarantee of operability; 3) Window A/C units in 2 Blanding Ave are property of Tenants; 4) Windows require work
  • Above Grade Finished Sq Ft: 3868.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1987
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Other
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5400.0
  • Parcel #: 2BLANDINGAVEPRO
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8333.0

Tax Info

  • Tax Annual Amount: 5642.0
  • Tax Block: 14
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 15, 2022
Sold by
Graham Peter G
Bought by
Sek Chantra
Seller's Agent
Ed August
PMI of Rhode Island
Buyer's Agent
Chantra Sek
Coldwell Banker Realty
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$503,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,893
Avg. Annual Appreciation
9.01%
Original Mortgage
$288,750
Outstanding Balance
$270,771
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,207

Purchase Details

Closed on
May 20, 1985
Bought by
Graham Peter B
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
Sek Chantra $385,000 None Available
Sek Chantra $385,000 None Available
Graham Peter B $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sek Chantra $288,750
Closed Sek Chantra $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $385,000 +2.7% $100 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $375,000 -- $97 / 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 $5,292 $345,200 $78,000 $267,200
2023 $5,095 $345,200 $78,000 $267,200
2022 $5,736 $262,400 $42,700 $219,700
2021 $5,642 $262,400 $40,300 $222,100
2020 $5,403 $262,400 $40,300 $222,100
2019 $5,253 $262,400 $40,300 $222,100
2018 $4,967 $217,100 $42,200 $174,900
2017 $4,857 $217,100 $42,200 $174,900
2016 $4,833 $217,100 $42,200 $174,900
2015 $4,372 $190,500 $34,100 $156,400
2014 $4,372 $190,500 $34,100 $156,400
Source: Public Records

Agents Affiliated with this Home

  • Ed August

    Seller's Agent in 2022

    Ed August

    PMI of Rhode Island

    (401) 749-1791

    1 in this area

    7 Total Sales

    Ed August
    Section Image

  • C

    Buyer's Agent in 2022

    Chantra Sek

    Coldwell Banker Realty

    (401) 473-6349

    1 in this area

    16 Total Sales

    Chantra Sek
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1304021

State-Wide MLS

APN: EPRO-000205-000014-000001-000020

Rhode Island Providence County East Providence 02914

2 Blanding Ave, East Providence, RI

This home is located at 2 Blanding Ave, East Providence, RI 02914 since 01 March 2022 and is currently estimated at $503,893, approximately $130 per square foot. This property was built in 1987. 2 Blanding Ave is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and Lincoln School.

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