NOT LISTED FOR SALE

286 Vermont Ave Providence, RI 02905

Washington Park Neighborhood

Estimated Value: $626,000 - $721,000

10 Beds
3 Baths
5,677 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $480,000 $85 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,928/month

61 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Bathtub with Shower
  • Attic
  • Porch
  • Security System Owned

About This Home

As of October 2022

Longtime owner-occupied property. Sale is contingent upon Sellers finding and purchasing another suitable house. Property features 3 large 3 bedroom apartment units. Separate utilities. Walk up stairs to attic with potential for expansion or just storage. One-car detached garage. All rent values are estimated. Hard-wired Smoke & CO alarm system has been installed. Close proximity to Johnson & Wales University Harborside Campus.

Last Agent to Sell the Property

Joe Paiva

The Agency Paiva License #REB.0010916 Listed on: 06/09/2022

The Agency Paiva

Last Buyer's Agent

Juan Tejada

Innovations Realty License #RES.0043560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,055

Year Built

  • Built in 1925

Lot Details

  • 4,000

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,677 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Permanent Attic Stairs
  • Security System Owned

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • Porch
  • 4,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 345
  • Assessor Parcel Number 286284VERMONTAVPROV

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Washington Park Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,055

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Subdivision Name: Washington Park
  • Above Grade Finished Sq Ft: 5677.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • 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, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 286284VERMONTAVPROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4055.0
  • Tax Lot: 345
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Oct 14, 2022
Sold by
Pestana Antonia and Pestana Manuel F
Bought by
Cabral Maria S and Cabral Bolivar C
Seller's Agent
Joe Paiva
The Agency Paiva
Buyer's Agent
Juan Tejada
Innovations Realty
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
78
Current Estimated Value
$666,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,992
Avg. Annual Appreciation
11.43%
Original Mortgage
$471,306
Outstanding Balance
$451,717
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$215,275
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
Cabral Maria S $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Maria S $471,306
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $480,000 -4.0% $85 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $499,900 0.0% $88 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $499,900 -- $88 / 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
2025 $5,034 $666,800 $120,000 $546,800
2024 $8,393 $457,400 $88,000 $369,400
2023 $8,393 $457,400 $88,000 $369,400
2022 $8,142 $457,400 $88,000 $369,400
2021 $6,759 $275,200 $42,700 $232,500
2020 $6,759 $275,200 $42,700 $232,500
2019 $6,759 $275,200 $42,700 $232,500
2018 $5,938 $185,800 $47,100 $138,700
2017 $5,938 $185,800 $47,100 $138,700
2016 $5,938 $185,800 $47,100 $138,700
2015 $4,601 $139,000 $38,800 $100,200
2014 $4,691 $139,000 $38,800 $100,200
2013 $4,691 $139,000 $38,800 $100,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joe Paiva

    The Agency Paiva

    (401) 595-8368

    1 in this area

    2 Total Sales

    Joe Paiva
    Section Image

  • J

    Buyer's Agent in 2022

    Juan Tejada

    Innovations Realty

    (401) 261-7403

    15 in this area

    186 Total Sales

    Juan Tejada
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1312564

State-Wide MLS

APN: PROV-870345-000000-000000

Rhode Island Providence County Providence 02905 Washington Park

286 Vermont Ave, Providence, RI

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