NOT LISTED FOR SALE

223 Waterman Ave Unit 225 East Providence, RI 02914

Estimated Value: $803,064

8 Beds
6 Baths
5,996 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $482,500 $80 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,376/month

117 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • Recreation Facilities
  • Cooling System Mounted In Outer Wall Opening
  • Public Transportation

About This Home

As of December 2019

Live practically for free or earn money in this newly updated 4-unit money maker! Ideal for owner-occupant or investor. Located close to East Side of Providence and Rte. 195. Hardwood floors, updated kitchens with Carrara marble and new appliances. Central air in owner's townhouse unit. Full basement with coin-op laundry. New roof, vinyl siding, huge 12-car paved parking lot, and rear yard with a 2-car garage on a nice 1/4 acre lot. Fully occupied (M-T-M tenants). 1.7 miles to Brown University, RI School of Design, and Johnson & Wales. Property being sold AS IS.

Last Agent to Sell the Property

Nelson Sena

Innovations Realty License #RES.0035644 Listed on: 07/16/2019

Last Buyer's Agent

Anytime Team

Anytime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,031

Year Built

  • Built in 1880

Lot Details

  • 10,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 5,996 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace
  • Utility Room
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 223WATERMANAVEPRO

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Central Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,031

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Subdivision Name: Central
  • Above Grade Finished Sq Ft: 5996.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 14.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 223WATERMANAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7031.0
  • Tax Lot: 8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 10, 2019
Sold by
Ata Realty Inc
Bought by
Charlemagne Ricky D
Seller's Agent
Nelson Sena
Innovations Realty
Buyer's Agent
Anytime Team
Anytime Realty
List Price
$499,900
Sold Price
$482,500
Premium/Discount to List
-$17,400
-3.48%
Current Estimated Value
$803,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,564
Avg. Annual Appreciation
9.09%
Original Mortgage
$473,760
Outstanding Balance
$423,292
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$369,496
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
Charlemagne Ricky D $482,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charlemagne Ricky D $473,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $482,500 -3.5% $80 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $499,900 -- $83 / 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 -- $471,300 $116,800 $354,500
2023 $0 $471,300 $116,800 $354,500
2022 $0 $285,600 $114,900 $170,700
2021 $0 $285,600 $106,300 $179,300
2020 $0 $285,600 $106,300 $179,300
2019 $0 $285,600 $106,300 $179,300
2018 $0 $277,800 $106,300 $171,500
2017 $0 $277,800 $106,300 $171,500
2016 -- $274,600 $106,300 $168,300
2015 -- $266,700 $99,400 $167,300
2014 -- $266,700 $99,400 $167,300
Source: Public Records

Agents Affiliated with this Home

  • Nelson Sena

    Seller's Agent in 2019

    Nelson Sena

    Innovations Realty

    (401) 265-6750

    36 Total Sales

    Nelson Sena
    Section Image

  • A

    Buyer's Agent in 2019

    Anytime Team

    Anytime Realty

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1229611

State-Wide MLS

APN: EPRO-000206-000016-000008

Rhode Island Providence County East Providence 02914

223 Waterman Ave Unit 225, East Providence, RI

This home is located at 223 Waterman Ave Unit 225, East Providence, RI 02914 since 16 July 2019 and is currently estimated at $803,064, approximately $133 per square foot. This property was built in 1880. 223 Waterman Ave Unit 225 is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and The Gordon School.

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