Seller's Agent in 2024
Rachael Dotson
Residential Properties Ltd
(401) 484-7015
3 in this area
259 Total Sales
206 Smith St Providence, RI 02908
Smith Hill NeighborhoodEstimated Value: $761,533
5
Beds
2
Baths
3,523
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- City View
- Property is near public transit and schools
- 2 Fireplaces
- Colonial Architecture
- Wood Flooring
- 4-minute walk to Candace Street Park
About This Home
As of January 2024The ideal location for a Buyer who needs work-from-home space in the Smith Hill neighborhood of Providence. This mixed-use property is only a 10-minute walk and a four-minute drive from the Amtrak Train Station and downtown Providence. Currently, the first floor is a design office and meeting space, but C1 zoning allows for many options. The first floor includes a full bath, front and rear entry, and access to the basement. Upstairs is a two-story residential unit with 4 to 5 bedrooms, a remodeled full bath and kitchen, and gorgeous original architectural details still in place. There is parking for three cars in the rear currently, and a great city garden with space for parking expansion. Smith Hill is a neighborhood prime for development, with many new projects upcoming. The location is ideal for someone with a train commute, an owner-occupied buyer who needs work-from-home space, or someone looking to collect rental income while holding their own office space.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,969
Year Built
- Built in 1900
Lot Details
- 4,499 Sq Ft Lot
- Fenced Yard
- Corner Lot
- Garden
- Property is zoned C-1
Home Design
- Colonial Architecture
- Cottage
- Split Level Home
- Brick Foundation
- Stone Foundation
- Frame Construction
- Blown-In Insulation
- Shingle Roof
Interior Spaces
- 3,523 Sq Ft Home
- 2 Fireplaces
- Home Office
- City Views
- Storm Windows
Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Steam
- 150 Amp Service
- Natural Gas Connected
- High Speed Internet
Additional Features
- Level Entry For Accessibility
- Property is near public transit and schools
Listing and Financial Details
- Tax Lot 409
- Assessor Parcel Number 585612
Community Details
Overview
- No Home Owners Association
- Smith Hill/Downtown Subdivision
Amenities
- Shops
- Coin Laundry
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2023
Closed on
Jan 16, 2024
Sold by
Finnerty John J and Finnerty Susan
Bought by
Paolino Francis T and Paolino Victoria
Seller's Agent
Rachael Dotson
Residential Properties Ltd
Buyer's Agent
James Hall
Compass
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Views
218
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,533
Avg. Annual Appreciation
9.96%
Original Mortgage
$500,000
Outstanding Balance
$489,902
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,631
Purchase Details
Closed on
Aug 12, 2015
Sold by
Finnerty John J
Bought by
Finnerty John J and Finnerty Susan K
Purchase Details
Closed on
Aug 3, 2015
Sold by
Cornwall Joseph F and Cornwall Denise E
Bought by
Finnerty John J
Purchase Details
Closed on
Jan 8, 1997
Sold by
Mcelroy M Angela M and Mcelroy Alice
Bought by
Cornwall Joseph F and Cornwall Denise
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paolino Francis T | $625,000 | None Available | |
| Paolino Francis T | $625,000 | None Available | |
| Finnerty John J | -- | -- | |
| Finnerty John J | -- | -- | |
| Finnerty John J | $160,000 | -- | |
| Finnerty John J | $160,000 | -- | |
| Cornwall Joseph F | $85,000 | -- | |
| Cornwall Joseph F | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paolino Francis T | $500,000 | |
| Closed | Paolino Francis T | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $625,000 | -3.7% | $177 / Sq Ft |
| 11/30/2023 11/30/23 | For Sale | $649,000 | -- | $184 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $8,655 | $592,800 | $123,100 | $469,700 |
| 2024 | -- | $262,000 | $82,100 | $179,900 |
| 2023 | $0 | $262,000 | $82,100 | $179,900 |
| 2022 | $0 | $262,000 | $82,100 | $179,900 |
| 2021 | $0 | $230,800 | $63,600 | $167,200 |
| 2020 | $0 | $230,800 | $63,600 | $167,200 |
| 2019 | $0 | $230,800 | $63,600 | $167,200 |
| 2018 | $0 | $193,500 | $63,600 | $129,900 |
| 2017 | $0 | $193,500 | $63,600 | $129,900 |
| 2016 | -- | $193,500 | $63,600 | $129,900 |
| 2015 | -- | $186,900 | $60,600 | $126,300 |
| 2014 | -- | $186,900 | $60,600 | $126,300 |
| 2013 | -- | $186,900 | $60,600 | $126,300 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Dotson
-
James Hall
Buyer's Agent in 2024
James Hall
Compass
(401) 639-9953
4 in this area
138 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73183827
APN: PROV-670409-000000-000000
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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