NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $1,509,000

8 Beds
3.5 Baths
4,150 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,200,000 $289 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,854/month

47 Days on Market

Highlights

  • Deck
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

As of June 2022

Don't miss this excellent opportunity to own a beautiful three-family home on Providence's prestigious East Side. Located at the intersection of Morris and Eames this home allows effortless access to everything the East Side and Providence has to offer. The 4,150 square foot home is comprised of three legal units with private entries. All three units have been meticulously renovated in 2021, making this property an easy turnkey addition to your real estate portfolio, currently with $86,400 of rent income. The first-floor unit is an ideal layout for an owner occupant with a living room with fireplace, dining room, new eat-in kitchen, three bedrooms, new one and a half baths, and new in-unit laundry. The second-floor unit has a new kitchen, pantry, living room, dining room, three bedrooms, new in-unit laundry, and new one full bath. The third-floor unit has two bedrooms, new bathroom, new eat-in kitchen, and new in-unit laundry. Ample off-street parking for 6, basement storage, separate utilities, and hard-wired fire code. (Agent has a personal interest in the property).

Last Agent to Sell the Property

Susan Radesca

Mott & Chace Sotheby's Intl. License #REB.0019674 Listed on: 04/27/2022

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Doug Jeffrey

Broadway Real Estate Group License #REC.0016109

Broadway Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,063

Year Built

  • Built in 1900

Lot Details

  • 7,840 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,150 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 388
  • Assessor Parcel Number 263MORRISAVPROV

Community Details

Overview

  • 3 Units
  • Freeman Plat Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,063

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Subdivision Name: Freeman Plat
  • Above Grade Finished Sq Ft: 4150.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Brick, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 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, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 263MORRISAVPROV
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 14063.0
  • Tax Lot: 388
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 17, 2022
Sold by
Polaris Morris Avenue Llc
Bought by
Armound Mahmoudi Dds Inc
Seller's Agent
Susan Radesca
Mott & Chace Sotheby's Intl.
Buyer's Agent
Doug Jeffrey
Broadway Real Estate Group
List Price
$1,195,000
Sold Price
$1,200,000
Premium/Discount to List
$5,000
0.42%
Current Estimated Value
$1,394,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,506
Avg. Annual Appreciation
4.18%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 10, 2020
Sold by
263 Morris Avenue Llc
Bought by
Polaris Morris Avenue Llc
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.97%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Sep 14, 2020
Sold by
Home Run Properties Llc
Bought by
263 Morris Avenue Llc
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%
Source: Public Records
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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
Armound Mahmoudi Dds Inc $1,200,000 None Available
Polaris Morris Avenue Llc $685,000 None Available
263 Morris Avenue Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $1,200,000 +0.4% $289 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,195,000 +74.5% $288 / Sq Ft
11/10/2020 11/10/20 Sold $685,000 -8.5% $165 / Sq Ft View Prior Sale
10/11/2020 10/11/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $749,000 -- $180 / 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 $19,355 $1,382,500 $503,700 $878,800
2024 $17,143 $934,200 $319,000 $615,200
2023 $17,143 $934,200 $319,000 $615,200
2022 $15,885 $892,400 $319,000 $573,400
2021 $14,063 $572,600 $252,600 $320,000
2020 $14,063 $572,600 $252,600 $320,000
2019 $14,063 $572,600 $252,600 $320,000
2018 $15,875 $496,700 $236,000 $260,700
2017 $15,875 $496,700 $236,000 $260,700
2016 $15,875 $496,700 $236,000 $260,700
2015 $14,825 $447,900 $220,300 $227,600
2014 $15,117 $447,900 $220,300 $227,600
2013 $15,117 $447,900 $220,300 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308227

State-Wide MLS

APN: PROV-860388-000000-000000

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