NOT LISTED FOR SALE

220 Summit Ave Providence, RI 02906

Hope Neighborhood

Estimated Value: $832,154 - $937,000

6 Beds
3 Baths
3,510 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $826,000 $235 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,710/month

32 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Bathtub with Shower
  • 1-minute walk to Summit Ave Playground (Kerry Kohring Park)

About This Home

As of May 2024

Steps from Miriam Hospital and all Hope Village has to offer, this Summit Neighborhood legal three-family home underwent a large renovation in 2017, including new kitchens, bathrooms, plumbing, and new electrical throughout, including smoke detector hardwiring. Units are ready for occupancy, and with plenty of parking, including a 2-car garage, a low maintenance exterior and separated utilities, this home is a great investment opportunity for both those experienced or just starting out.

Last Agent to Sell the Property

Rita Danielle Steele

Steele Realty Consultants LLC License #REC.0016648 Listed on: 03/28/2024

Last Buyer's Agent

Talib Hussain

Keller Williams Realty License #RES.0043821

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,043

Year Built

  • Built in 1910

Lot Details

  • 5,000

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,510 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

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

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number 220SUMMITAVPROV

Community Details

Overview

  • 3 Units
  • Summit Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,043

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Summit
  • Above Grade Finished Sq Ft: 3510.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 220SUMMITAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 11043.04
  • Tax Lot: 175
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 20, 2024
Sold by
Mclaughlin Shannon L
Bought by
Abdelnaeem Taha and Eissa Khaled
Seller's Agent
Rita Danielle Steele
Steele Realty Consultants LLC
Buyer's Agent
Talib Hussain
Keller Williams Realty
List Price
$829,000
Sold Price
$826,000
Premium/Discount to List
-$3,000
-0.36%
Views
36
Current Estimated Value
$898,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,789
Avg. Annual Appreciation
5.06%
Original Mortgage
$619,500
Outstanding Balance
$608,390
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,399

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 15, 2016
Sold by
Newman Mary P Est and Newman
Bought by
Mclaughlin Shannon L
Seller's Agent
Peter Hurley
Peter H. Hurley Real Estate
Buyer's Agent
Rita Steele
Geo Properties, Inc.
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$330,000
Interest Rate
3.61%
Mortgage Type
VA
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
Abdelnaeem Taha $826,000 None Available
Abdelnaeem Taha $826,000 None Available
Mclaughlin Shannon L $330,000 --
Mclaughlin Shannon L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdelnaeem Taha $619,500
Closed Abdelnaeem Taha $619,500
Previous Owner Mclaughlin Shannon L $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $826,000 -0.4% $235 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $829,000 +151.2% $236 / Sq Ft
06/15/2016 06/15/16 Sold $330,000 +1.5% $103 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $325,000 -- $101 / 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 $12,450 $889,300 $372,600 $516,700
2024 $11,043 $601,800 $251,100 $350,700
2023 $11,043 $601,800 $251,100 $350,700
2022 $10,712 $601,800 $251,100 $350,700
2021 $10,131 $412,500 $202,700 $209,800
2020 $10,131 $412,500 $202,700 $209,800
2019 $10,131 $412,500 $202,700 $209,800
2018 $9,495 $297,100 $175,500 $121,600
2017 $9,495 $297,100 $175,500 $121,600
2016 $9,495 $297,100 $175,500 $121,600
2015 $8,586 $259,400 $163,800 $95,600
2014 $8,755 $259,400 $163,800 $95,600
2013 $8,755 $259,400 $163,800 $95,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rita Danielle Steele

    Steele Realty Consultants LLC

    Section Image
  • Talib Hussain

    Buyer's Agent in 2024

    Talib Hussain

    Keller Williams Realty

    (774) 266-1068

    1 in this area

    167 Total Sales

    Talib Hussain
    Section Image

  • P

    Seller's Agent in 2016

    Peter Hurley

    Peter H. Hurley Real Estate

    Section Image

  • R

    Buyer's Agent in 2016

    Rita Steele

    Geo Properties, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1355560

State-Wide MLS

APN: PROV-910175-000000-000000

Rhode Island Providence County Providence 02906 Hope

220 Summit Ave, Providence, RI

Not Listed for Sale

MultiFamily

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