NOT LISTED FOR SALE

Estimated Value: $927,000 - $1,283,000

8 Beds
3 Baths
3,966 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $899,000 $227 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,473/month

54 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Bathtub with Shower
  • Attic
  • Recreation Facilities
  • 1-minute walk to Brown Street Park

About This Home

As of November 2023

238-240 Brown Street is a turn-of-the-century two-family home full of character and charm updated with modern amenities in the heart of College Hill, offering easy access to Downtown, Amtrak, Brown, RISD & Whole Foods. The property can serve as a strong cash flow investment property or an owner-occupied home with tenants paying your mortgage. The 1,466 sqft 1st-floor apartment has 2 beds and 1 bath and can be delivered vacant at closing. The kitchen was recently gut-renovated with quartz countertops, an island, stainless appliances w/ dishwasher, and garbage disposal. Kitchen opens to dining room plus double parlor rooms w/ period mantelpiece. Could be rented for $2800. Entryway was recently refinished, plus period windows have been rehabbed. 2nd and 3rd floors are a 2500 sqft 6 bed and 2 bath townhouse currently rented through June '24 for $4200 to Brown seniors. The third-floor bathroom was recently gut-renovated. The exterior was just painted. Forced air heating systems (easy to add AC). Fenced, urban garden/yard with grass and brick paver patio. The current rent is below market value. The front porch has separate front door entrances. Off-street parking for 4 cars.

Last Agent to Sell the Property

Nelson Taylor

Compass Listed on: 08/16/2023

Compass

Last Buyer's Agent

Jane Driver

Residential Properties Ltd License #REB.0016979

Residential Properties Ltd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,878

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 3,966 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 346
  • Assessor Parcel Number 238240BROWNSTPROV

Community Details

Overview

  • 2 Units
  • College Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,878

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 3966.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: Gas, Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 238240BROWNSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 16878.0
  • Tax Lot: 346
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Nov 1, 2023
Sold by
Ford Jeremy T and Ford Sonia
Bought by
Bennett Michael and Bennett Charlotte K
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Jane Driver
Residential Properties Ltd
List Price
$899,000
Sold Price
$899,000
Views
33
Current Estimated Value
$1,115,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,529
Avg. Annual Appreciation
11.77%
Original Mortgage
$719,200
Outstanding Balance
$707,103
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,094

Purchase Details

Closed on
Apr 11, 2023
Sold by
Ford Jeremy T
Bought by
Ford Jeremy T and Ford Sonia

Purchase Details

Closed on
Sep 30, 2011
Sold by
Ford Nicole A
Bought by
Ford Jeremy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,626
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2010
Sold by
Dinizo Romano and Dinizo Juanita
Bought by
Ford Jeremy T and Ford Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bennett Michael $899,000 None Available
Ford Jeremy T -- None Available
Ford Jeremy T -- --
Ford Jeremy T $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Michael $719,200
Previous Owner Ford Jeremy T $100,000
Previous Owner Ford Jeremy T $472,500
Previous Owner Ford Jeremy T $493,626
Previous Owner Ford Jeremy T $500,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $899,000 0.0% $227 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $899,000 -- $227 / 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 $16,878 $919,800 $356,200 $563,600
2023 $16,878 $919,800 $356,200 $563,600
2022 $16,372 $919,800 $356,200 $563,600
2021 $14,390 $585,900 $208,800 $377,100
2020 $14,390 $585,900 $208,800 $377,100
2019 $14,390 $585,900 $208,800 $377,100
2018 $14,174 $443,500 $213,100 $230,400
2017 $14,174 $443,500 $213,100 $230,400
2016 $14,174 $443,500 $213,100 $230,400
2015 $14,362 $433,900 $213,100 $220,800
2014 $14,644 $433,900 $213,100 $220,800
2013 $14,644 $433,900 $213,100 $220,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1341772

State-Wide MLS

APN: PROV-090297-000000-000000