NOT LISTED FOR SALE

27 Penelope Place Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $702,000 - $786,000

5 Beds
3 Baths
2,847 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $575,000 $202 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,638/month

23 Days on Market

Highlights

  • Cathedral Ceiling
  • Recreation Facilities
  • Shops
  • Wood Flooring
  • Public Transportation
  • Baseboard Heating

About This Home

As of September 2022

This home is located at 27 Penelope Place, Providence, RI 02903 since 20 June 2022 and is currently estimated at $739,171, approximately $259 per square foot. This property was built in 1900. 27 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.

Last Agent to Sell the Property

Seth Zeren

Armory Management Company License #REC.0005260 Listed on: 06/20/2022

Last Buyer's Agent

Seth Zeren

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,862

Year Built

  • Built in 1900

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,847 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 27PENELOPEPLPROV

Community Details

Overview

  • 3 Units
  • West Side / West End / Federal Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,862

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0689
  • Subdivision Name: West Side / West End / Federal Hill
  • Above Grade Finished Sq Ft: 2847.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s)
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Brick/Mortar, See Remarks, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

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: 3000.0
  • Parcel #: 27PENELOPEPLPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 5862.0
  • Tax Lot: 79
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 15, 2022
Sold by
Rcg Armory Column Llc
Bought by
Yuan
Seller's Agent
Seth Zeren
Armory Management Company
Buyer's Agent
Seth Zeren
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
24
Current Estimated Value
$739,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,171
Avg. Annual Appreciation
8.86%
Original Mortgage
$408,750
Outstanding Balance
$390,820
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,351
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
Yuan $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan $408,750
Previous Owner Rcg Armory Central Llc $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $575,000 -3.4% $202 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $595,000 -- $209 / 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 $7,413 $404,000 $207,200 $196,800
2023 $7,413 $404,000 $207,200 $196,800
2022 $6,823 $383,300 $207,200 $176,100
2021 $5,862 $238,700 $132,200 $106,500
2020 $5,862 $238,700 $132,200 $106,500
2019 $5,862 $238,700 $132,200 $106,500
2018 $4,474 $140,000 $76,500 $63,500
2017 $4,474 $140,000 $76,500 $63,500
2016 $4,474 $140,000 $76,500 $63,500
2015 $4,181 $126,300 $76,500 $49,800
2014 $4,263 $126,300 $76,500 $49,800
2013 $4,263 $126,300 $76,500 $49,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Seth Zeren

    Armory Management Company

    (401) 286-4783

    2 in this area

    5 Total Sales

    Seth Zeren
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Map

Source: State-Wide MLS

MLS Number: 1313499

State-Wide MLS

APN: PROV-290079-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

27 Penelope Place, Providence, RI

This home is located at 27 Penelope Place, Providence, RI 02903 since 20 June 2022 and is currently estimated at $739,171, approximately $259 per square foot. This property was built in 1900. 27 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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