NOT LISTED FOR SALE

202 Sumter St Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $417,952 - $532,000

6 Beds
2 Baths
3,216 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $315,000 $98 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,184/month

106 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Public Transportation
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Property near a hospital

About This Home

As of November 2021

Investors and owner occupants take notice! Opportunity awaits in this oversized legal 2 family home located in the Providence/Cranston line. Each unit consists of spacious sun-drenched double parlor, two beds, one bath with large kitchens and wrap around porch. The third floor has potential to be converted to a 3rd unit or combined with the 2nd floor to create a 4-5 bed townhouse style apartment. There is so much character that flows through this house and for the right investor, contractor or a capable and adventurous homeowner, this can be an amazing value add investment. Being sold "AS-IS". Estate sale, pending probate approval. Cash or 203K only.

Last Agent to Sell the Property

Ervin Hamzo

Lila Delman Compass License #RES.0044443 Listed on: 06/25/2021

Lila Delman Compass

Last Buyer's Agent

Adam Osetek

Compass License #RES.0045287

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 1920

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,216 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 202SUMTERSTPROV

Community Details

Overview

  • 2 Units
  • Elmwood Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,169

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 3216.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 202SUMTERSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Diaz Braulio and Diaz Fernanda
Bought by
Amd Properties Llc
Current Estimated Value
$483,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Outstanding Balance
$264,526
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$228,466

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 9, 2021
Sold by
Clifford Mercedes R Est and Mccauley
Bought by
Diaz Braulio and Diaz Fernanda
Seller's Agent
Ervin Hamzo
Lila Delman Compass
Buyer's Agent
Adam Osetek
Compass
List Price
$285,000
Sold Price
$315,000
Premium/Discount to List
$30,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%
Original Mortgage
$299,000
Interest Rate
3.01%
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
Amd Properties Llc -- None Available
Amd Properties Llc -- None Available
Diaz Braulio $315,000 None Available
Diaz Braulio $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amd Properties Llc $274,500
Closed Amd Properties Llc $274,500
Previous Owner Diaz Braulio $299,000
Previous Owner Clifford Mercedes R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $315,000 +10.5% $98 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $285,000 -- $89 / 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 $6,169 $336,200 $52,700 $283,500
2023 $6,169 $336,200 $52,700 $283,500
2022 $5,538 $311,100 $52,700 $258,400
2021 $4,610 $187,700 $38,600 $149,100
2020 $4,610 $187,700 $38,600 $149,100
2019 $4,610 $187,700 $38,600 $149,100
2018 $4,059 $127,000 $26,300 $100,700
2017 $4,059 $127,000 $26,300 $100,700
2016 $4,059 $127,000 $26,300 $100,700
2015 $3,833 $115,800 $32,200 $83,600
2014 $3,908 $115,800 $32,200 $83,600
2013 $3,908 $115,800 $32,200 $83,600
Source: Public Records

Agents Affiliated with this Home

  • Ervin Hamzo

    Seller's Agent in 2021

    Ervin Hamzo

    Lila Delman Compass

    (401) 954-8139

    1 in this area

    50 Total Sales

    Section Image
  • Adam Osetek

    Buyer's Agent in 2021

    Adam Osetek

    Compass

    (401) 744-2692

    1 in this area

    68 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1284683

State-Wide MLS

APN: PROV-520282-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

202 Sumter St, Providence, RI

This home is located at 202 Sumter St, Providence, RI 02907 since 25 June 2021 and is currently estimated at $490,488, approximately $152 per square foot. This property was built in 1920. 202 Sumter St 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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