NOT LISTED FOR SALE

Estimated Value: $394,266 - $562,000

4 Beds
2 Baths
4,613 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $275,000 $60 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,984/month

7 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Porch

About This Home

As of September 2021

Fabulous investment opportunity! This two-family home features two bedrooms and spacious double living rooms in each unit, separate utilities, young roof, updated electrical and fenced back yard. On a dead-end street minutes to the East Side of Providence. Earn income while residing in this home or rent both units. Needs TLC. May not pass FHA financing.

Last Agent to Sell the Property

Patty Bain

RE/MAX River's Edge License #RES.0031718 Listed on: 08/23/2021

RE/MAX River's Edge

Last Buyer's Agent

Jeffrey Mateus

Mateus Realty License #REB.0010617

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1900

Lot Details

  • 3,600 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Siding

Interior Spaces

  • 4,613 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outbuilding
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 006 / 03
  • Assessor Parcel Number 22BIRCHSTEPRO

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,853

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0826
  • Above Grade Finished Sq Ft: 4613.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Shingle Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: See Remarks
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3600.0
  • Parcel #: 22BIRCHSTEPRO
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3853.0
  • Tax Block: 03
  • Tax Lot: 006
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 29, 2021
Sold by
Qin Shuzhen and Dai Yan
Bought by
22 Waterman Avenue Realty
Seller's Agent
Patty Bain
RE/MAX River's Edge
Buyer's Agent
Jeffrey Mateus
Mateus Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$491,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,817
Avg. Annual Appreciation
15.48%

Purchase Details

Listed on
May 1, 2012
Closed on
Sep 12, 2012
Sold by
Cabral Jacquelyn A and Cabral Richard J
Bought by
Quin Shuzhen and Dai Yan
Seller's Agent
Denise Mancini
Coldwell Banker Realty
Buyer's Agent
Denise Mancini
Coldwell Banker Realty
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$78,750
Interest Rate
3.57%
Mortgage Type
New Conventional
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
22 Waterman Avenue Realty $275,000 None Available
22 Waterman Avenue Realty $275,000 None Available
Quin Shuzhen $105,000 --
Quin Shuzhen $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quin Shuzhen $78,750
Previous Owner Quin Shuzhen $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $275,000 -8.0% $60 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $299,000 +184.8% $65 / Sq Ft
09/12/2012 09/12/12 Sold $105,000 -11.8% $46 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $119,000 -- $52 / 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 $4,522 $295,000 $70,200 $224,800
2023 $4,354 $295,000 $70,200 $224,800
2022 $3,917 $179,200 $37,800 $141,400
2021 $3,853 $179,200 $37,100 $142,100
2020 $3,690 $179,200 $37,100 $142,100
2019 $3,588 $179,200 $37,100 $142,100
2018 $3,437 $150,200 $38,700 $111,500
2017 $3,360 $150,200 $38,700 $111,500
2016 $3,343 $150,200 $38,700 $111,500
2015 $3,362 $146,500 $31,400 $115,100
2014 $3,362 $146,500 $31,400 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1291476

State-Wide MLS

APN: EPRO-000105-000003-000006