Seller's Agent in 2018
Rebecca Mayer
Compass
(401) 447-8040
3 in this area
134 Total Sales
266 Brown St Providence, RI 02906
Mount Hope NeighborhoodEstimated Value: $869,000 - $938,000
8
Beds
3.5
Baths
3,000
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Porch
- Laundry Room
- Corner Lot
- Bathtub with Shower
- 2-minute walk to Brown Street Park
About This Home
As of March 2018Terrific opportunity to own legal 3-unit in College Hill with lots of parking for 500K! Easy walk to Brown, RISD and Amtrak train station with Whole Foods and Brown Street Park & Playground just around the corner. 2nd and 3rd floors leased through May 2019; 1st floor leased through May 2018. NOTE: 3rd floor rent - $1,425/mo as of 6/2018. Property has not been fire-coded. Taxes shown WITHOUT Homestead Exemption. NOTE: Housing Code lead violation to be assumed by Buyer; please call for details. As-is sale.
Last Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 6,173 Sq Ft Lot
- Corner Lot
Home Design
- Fixer Upper
- Combination Foundation
- Shingle Siding
- Plaster
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Oil
- 220 Volts
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 246
- Assessor Parcel Number 266268BROWNSTPROV
Community Details
Overview
- 3 Units
- College Hill Subdivision
Additional Features
- Public Transportation
- Operating Expense $15,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2018
Closed on
Mar 19, 2018
Sold by
Lorenzo-Naqvi Amelia and Naqvi Alle
Bought by
Demulling Katrina
Seller's Agent
Rebecca Mayer
Compass
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$429,000
Sold Price
$470,000
Premium/Discount to List
$41,000
9.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,000
Avg. Annual Appreciation
8.81%
Original Mortgage
$489,033
Outstanding Balance
$416,533
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$495,467
Purchase Details
Closed on
Aug 10, 1993
Sold by
Fairman Rosalie N
Bought by
Lorenzo Modesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demulling Katrina | $470,000 | -- | |
| Lorenzo Modesto | $126,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Demulling Katrina | $489,033 | |
| Previous Owner | Lorenzo Modesto | $88,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2018 03/16/18 | Sold | $470,000 | +9.6% | $157 / Sq Ft |
| 02/14/2018 02/14/18 | Pending | -- | -- | -- |
| 01/05/2018 01/05/18 | For Sale | $429,000 | -- | $143 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,056 | $934,600 | $493,000 | $441,600 |
| 2024 | $12,069 | $657,700 | $361,600 | $296,100 |
| 2023 | $12,069 | $657,700 | $361,600 | $296,100 |
| 2022 | $11,707 | $657,700 | $361,600 | $296,100 |
| 2021 | $10,431 | $424,700 | $215,800 | $208,900 |
| 2020 | $10,431 | $424,700 | $215,800 | $208,900 |
| 2019 | $10,431 | $424,700 | $215,800 | $208,900 |
| 2018 | $12,602 | $394,300 | $220,300 | $174,000 |
| 2017 | $12,602 | $394,300 | $220,300 | $174,000 |
| 2016 | $12,602 | $394,300 | $220,300 | $174,000 |
| 2015 | $11,767 | $355,500 | $220,300 | $135,200 |
| 2014 | $11,998 | $355,500 | $220,300 | $135,200 |
| 2013 | $11,998 | $355,500 | $220,300 | $135,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Mayer
-
T
Buyer's Agent in 2018
Taylor & Company
Residential Properties, Ltd.
-
Nelson Taylor
Buyer's Agent in 2018
Nelson Taylor
Compass
(401) 214-1524
15 in this area
597 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1180242
APN: PROV-090246-000000-000000
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