NOT LISTED FOR SALE

2 Ring St Providence, RI 02909

West End Neighborhood

Estimated Value: $309,000 - $331,284

0.15 Acre
$2,074,618 Price per Acre
6,727 Sq Ft Lot

Last Sold September 20, 2022

Last sale price $240,000

Est. 33% increase in value since last sale

Current estimated payment $2,013/month

248 Days on Market

Highlights

  • Corner Lot
  • Shops
  • 4-minute walk to Ridge Street Playground
  • Public Transportation
  • Property near a hospital

About This Lot

As of September 2022

Great opportunity in a convenient Federal Hill location, where parking is a premium. 6725 SF vacant lot. This lot is buildable for a 2 or 3 family home. This property may be sold together with MLS 1293004, adjacent 6 family home. This highly desirable location is the parking solution for future development.

Last Agent to Sell the Property

paul donnelly

HomeSmart Professionals License #RES.0028629 Listed on: 09/17/2021

HomeSmart Professionals

Last Buyer's Agent

Paul Donnelly

Re/Max Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,899

Lot Details

  • 6,727 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Multi-Family,Residential

Additional Features

  • Property near a hospital
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 670
  • Assessor Parcel Number 2RINGSTPROV

Community Details

Overview

  • Federal Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,899

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.1544
  • Road Frontage Type: City Street
  • Subdivision Name: Federal Hill
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Residential

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6727.0
  • Parcel #: 2RINGSTPROV
  • Zoning Description: Multi-Family,Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1899.0
  • Tax Lot: 670
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Sep 20, 2022
Sold by
Porreca Maria
Bought by
Rt8 Rt and Cifuni
Seller's Agent
paul donnelly
HomeSmart Professionals
Buyer's Agent
Paul Donnelly
Re/Max Properties
List Price
$299,900
Sold Price
$240,000
Premium/Discount to List
-$59,900
-19.97%
Views
21
Current Estimated Value
$320,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,321
Avg. Annual Appreciation
9.53%
Original Mortgage
$70,000
Outstanding Balance
$66,671
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,650

Purchase Details

Closed on
Nov 20, 2017
Sold by
Porreca Maria
Bought by
Porreca Onofrio R and Porreca Agostino
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rt8 Rt $240,000 None Available
Porreca Onofrio R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rt8 Rt $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $240,000 -20.0% --
05/24/2022 05/24/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $299,900 -- --
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 $3,926 $268,900 $268,900 $0
2024 $1,993 $108,600 $108,600 $0
2023 $1,993 $108,600 $108,600 $0
2022 $1,933 $108,600 $108,600 $0
2021 $1,820 $74,100 $74,100 $0
2020 $1,820 $74,100 $74,100 $0
2019 $1,820 $74,100 $74,100 $0
2018 $1,371 $42,900 $42,900 $0
2017 $1,371 $42,900 $42,900 $0
2016 $1,371 $42,900 $42,900 $0
2015 $1,420 $42,900 $42,900 $0
2014 $1,448 $42,900 $42,900 $0
2013 $1,448 $42,900 $42,900 $0
Source: Public Records

Agents Affiliated with this Home

  • p

    Seller's Agent in 2022

    paul donnelly

    HomeSmart Professionals

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Map

Source: State-Wide MLS

MLS Number: 1293094

State-Wide MLS

APN: PROV-330670-000000-000000

Rhode Island Providence County Providence 02909 West End

2 Ring St, Providence, RI

Not Listed for Sale

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