NOT LISTED FOR SALE

Estimated Value: $1,326,000 - $1,416,270

8 Beds
3 Baths
4,500 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $1,150,000 $256 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,102/month

40 Days on Market

Highlights

  • Private Lot
  • 4 Fireplaces
  • Porch
  • Wood Flooring
  • Balcony
  • 3-minute walk to Gladys Potter Park

About This Home

As of November 2022

Beautiful three-family Victorian in turnkey condition boosts $9200 in monthly rent in the highly desired Eastside of Providence. Just two blocks from Wayland Ave., this ideal location makes this house a perfect fit for owner-occupied or investors looking for high cash flow with a premium tenant base. The first-floor and second-floor units offer double parlors and eat-in kitchens with dishwashers. The second and third floors units are three-bedroom, one-bathroom flats with plenty of space and in-unit laundry. Many unique vintage details throughout the property include the beautiful fireplaces, crown moldings, built-ins, and pocket doors on the first-floor and second-floor flats. Additional basement space provides separated storage and future expansion possibility. Restored windows with updated mechanicals, hardwood floors, and freshly painted exterior and interior provide low property maintenance. With only six (6) owners since 1908, this is a truly unique opportunity in one of the best locations in Providence. Property tax amount reflects homestead tax exemption.

Last Listed By

Anna Hsiao

Coastline Realty LLC License #REB.0019066 Listed on: 10/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,638

Year Built

  • Built in 1908

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Private Lot
  • Secluded Lot

Home Design

  • Brick Foundation
  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Balcony
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 2123ELTONSTPROV

Community Details

Overview

  • 3 Units
  • Wayland Square Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,638

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.1148
  • Co List Office Mls Id: CSTN
  • Co List Office Phone: 401-400-1077
  • Subdivision Name: Wayland Square
  • Above Grade Finished Sq Ft: 4500.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1908
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, See Remarks
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 2123ELTONSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8638.12
  • Tax Lot: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 18, 2022
Sold by
Jing Ran and Zhao Xiaoqin
Bought by
Setai 14D Llc
Seller's Agent
Anna Hsiao
Coastline Realty LLC
Buyer's Agent
Amy Barrett
Compass / Lila Delman Compass
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Total Days on Market
40
Views
96
Current Estimated Value
$1,385,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,090
Avg. Annual Appreciation
7.66%

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 19, 2018
Sold by
Mulvey Thomas and Mulvey Farisa
Bought by
Jing Ran and Zhao Xiaoquin
Seller's Agent
Rebecca Mayer
Compass / Lila Delman Compass
Buyer's Agent
John Risica
William Raveis Inspire
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$496,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2012
Closed on
Aug 27, 2012
Sold by
Degnan Joanne T and Degnan Kevin J
Bought by
Mulvey Farisa and Mulvey Thomas
Seller's Agent
Rebecca Mayer
Compass / Lila Delman Compass
Buyer's Agent
Peter Hurley
Peter H. Hurley Real Estate
List Price
$499,000
Sold Price
$417,000
Premium/Discount to List
-$82,000
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$312,750
Interest Rate
3.61%
Mortgage Type
New Conventional

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
Setai 14D Llc $1,150,000 None Available
Jing Ran $620,000 --
Mulvey Farisa $417,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jing Ran $630,000
Previous Owner Jing Ran $558,750
Previous Owner Jing Ran $496,000
Previous Owner Mulvey Farisa $312,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $1,150,000 -4.1% $256 / Sq Ft
10/12/2022 10/12/22 For Sale $1,199,000 +96.6% $266 / Sq Ft
10/19/2018 10/19/18 Sold $610,000 +1.8% $153 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $599,000 +43.6% $150 / Sq Ft
08/27/2012 08/27/12 Sold $417,000 -16.4% $101 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
06/24/2012 06/24/12 For Sale $499,000 -- $121 / 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 $16,192 $882,400 $354,400 $528,000
2023 $16,192 $882,400 $354,400 $528,000
2022 $15,707 $882,400 $354,400 $528,000
2021 $15,122 $615,700 $273,500 $342,200
2020 $15,122 $615,700 $273,500 $342,200
2019 $15,122 $615,700 $273,500 $342,200
2018 $15,261 $477,500 $248,600 $228,900
2017 $15,261 $477,500 $248,600 $228,900
2016 $15,261 $477,500 $248,600 $228,900
2015 $13,637 $412,000 $239,900 $172,100
2014 $13,905 $412,000 $239,900 $172,100
2013 $13,179 $390,500 $239,900 $150,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1322007

State-Wide MLS

APN: PROV-390602-000000-000000