NOT LISTED FOR SALE

220 Melrose St Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $567,000 - $639,000

6 Beds
3 Baths
2,919 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $193,000 $66 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $4,037/month

39 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Security System Owned
  • 2 Fireplaces
  • Storm Windows
  • 3-minute walk to Councilman Miguel Luna Memorial Park

About This Home

As of February 2016

Solid three unit! Features include all separate utilities, spacious units, coin-op laundry, beautiful hardwoods, maintenance free vinyl siding, strong rents and more! First floor apartment nicely updated and entire property very well maintained.

Last Agent to Sell the Property

Mark Leeman

RE/MAX ONE License #REB.0017157 Listed on: 11/25/2015

RE/MAX ONE

Last Buyer's Agent

Basty Ortiz

Bani Properties License #REB.0017187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1930

Lot Details

  • 5,000

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,919 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 125
  • Assessor Parcel Number 220222MELROSESTPROV

Community Details

Overview

  • 3 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1930

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: ELMWOOD
  • Above Grade Finished Sq Ft: 2919.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 2919.0
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 220222MELROSESTPROV

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4224.0
  • Tax Lot: 125
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Cabrera Cristian P
Bought by
Vasquez Cabrera-Ramirez C and Vasquez Marisela
Current Estimated Value
$613,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,600
Outstanding Balance
$207,447
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$405,886

Purchase Details

Listed on
Nov 25, 2015
Closed on
Feb 3, 2016
Sold by
Cloud Susie M
Bought by
Cabrera Cristian R
Seller's Agent
Mark Leeman
RE/MAX ONE
Buyer's Agent
Basty Ortiz
Bani Properties
List Price
$189,000
Sold Price
$193,000
Premium/Discount to List
$4,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$186,202
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2008
Sold by
Young Michael L
Bought by
Cloud Susie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,327
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Vasquez Cabrera-Ramirez C -- None Available
Cabrera Cristian R $193,000 --
Cloud Susie M $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Cabrera-Ramirez C $236,600
Previous Owner Cabrera Cristian R $186,202
Previous Owner Cloud Susie M $171,749
Previous Owner Cloud Susie M $170,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $193,000 +2.1% $66 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $189,000 -- $65 / Sq Ft
Source: State-Wide MLS

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 $9,103 $650,200 $121,500 $528,700
2024 $7,628 $415,700 $52,700 $363,000
2023 $7,628 $415,700 $52,700 $363,000
2022 $7,399 $415,700 $52,700 $363,000
2021 $6,828 $278,000 $38,600 $239,400
2020 $6,828 $278,000 $38,600 $239,400
2019 $6,828 $278,000 $38,600 $239,400
2018 $4,711 $147,400 $26,300 $121,100
2017 $4,711 $147,400 $26,300 $121,100
2016 $4,711 $147,400 $26,300 $121,100
2015 $4,224 $127,600 $32,200 $95,400
2014 $4,307 $127,600 $32,200 $95,400
2013 $4,307 $127,600 $32,200 $95,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Leeman

    Seller's Agent in 2016

    Mark Leeman

    RE/MAX ONE

    (401) 837-2880

    111 Total Sales

    Mark Leeman
    Section Image
  • Basty Ortiz

    Buyer's Agent in 2016

    Basty Ortiz

    Bani Properties

    (401) 663-6314

    3 in this area

    63 Total Sales

    Basty Ortiz
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1113278

State-Wide MLS

APN: PROV-600125-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

220 Melrose St, Providence, RI

Not Listed for Sale

MultiFamily

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