NOT LISTED FOR SALE

23 Penelope Place Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $376,000 - $437,384

4 Beds
2 Baths
2,112 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $270,000 $128 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,595/month

158 Days on Market

Highlights

  • Senior Community
  • Public Transportation
  • Central Heating
  • Wood Flooring
  • Property near a hospital
  • Utility Room

About This Home

As of January 2022

Live-in or invest in this centrally located 2 unit, each with 2 bedrooms, just a short walk to Broadway and downtown with updated utilities. Needs some cosmetics but easy to do since the property is a manageable size.

Last Agent to Sell the Property

Ed Kazarian

Patriot Realty, Inc. License #REC.0012005 Listed on: 07/13/2021

Last Buyer's Agent

Ed Kazarian

Patriot Realty, Inc. License #REC.0012005 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1940

Lot Details

  • 2,178

Parking

  • No Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Utility Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 2,178 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 460
  • Assessor Parcel Number 23PENELOPEPLPROV

Community Details

Overview

  • Senior Community
  • 2 Units
  • Federal Hill Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,775

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: Federal Hill
  • Above Grade Finished Sq Ft: 2112.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other, Vinyl, Wood
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, 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
  • Senior Community: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 23PENELOPEPLPROV
  • Zoning: 102
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4775.0
  • Tax Lot: 460
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jan 13, 2022
Sold by
Red Fox Realty Llc
Bought by
Edward E Voccola Ret and Voccola
Seller's Agent
Ed Kazarian
Patriot Realty, Inc.
Buyer's Agent
Ed Kazarian
Patriot Realty, Inc.
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Current Estimated Value
$400,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,596
Avg. Annual Appreciation
12.12%
Original Mortgage
$310,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jan 10, 2022
Sold by
Edward E Voccola Ret and Viccola
Bought by
Shedaheh Amanda B and Shedaheh Aref
Seller's Agent
Ed Kazarian
Patriot Realty, Inc.
Buyer's Agent
Ed Kazarian
Patriot Realty, Inc.
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2021
Sold by
Red Fox Realty Llc
Bought by
Edward E Voccola Ret and Voccola
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
Edward E Voccola Ret -- None Available
Shedaheh Amanda B $270,000 None Available
Edward E Voccola Ret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehadeh Amanda B $397,500
Closed Shehadeh Amanda B $20,000
Closed Shedaheh Amanda B $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $270,000 +8.0% $128 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $249,900 -- $118 / 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 $5,002 $272,600 $164,000 $108,600
2023 $5,002 $272,600 $164,000 $108,600
2022 $4,852 $272,600 $164,000 $108,600
2021 $4,787 $194,900 $130,800 $64,100
2020 $4,787 $194,900 $130,800 $64,100
2019 $4,787 $194,900 $130,800 $64,100
2018 $3,774 $118,100 $75,700 $42,400
2017 $3,774 $118,100 $75,700 $42,400
2016 $3,774 $118,100 $75,700 $42,400
2015 $3,671 $110,900 $75,700 $35,200
2014 $3,743 $110,900 $75,700 $35,200
2013 $3,743 $110,900 $75,700 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Ed Kazarian

    Seller's Agent in 2022

    Ed Kazarian

    Patriot Realty, Inc.

    (401) 578-7898

    1 in this area

    60 Total Sales

    Ed Kazarian
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Map

Source: State-Wide MLS

MLS Number: 1288102

State-Wide MLS

APN: PROV-290460-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

23 Penelope Place, Providence, RI

This home is located at 23 Penelope Place, Providence, RI 02903 since 13 July 2021 and is currently estimated at $400,596, approximately $189 per square foot. This property was built in 1940. 23 Penelope Place is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Alfred Lima Sr. Elementary School.

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