NOT LISTED FOR SALE

288 Potters Ave Providence, RI 02905

Lower South Providence Neighborhood

Estimated Value: $322,000 - $509,000

5 Beds
1 Bath
3,186 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $192,000 $60 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,323/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • 3-minute walk to Jennifer Rivera Memorial Park
  • Porch

About This Home

As of April 2023

Contractors and investors take a look at this incredible opportunity in the heart of Providence, located near hospitals and CCRI. This five bedroom, one bath spacious single family is boasting with opportunity. This property is being sold subject to clear and marketable title. Sold where is - as is and CASH ONLY , this property will not qualify for FHA finacing.

Last Agent to Sell the Property

Madelynn Duarte

Innovations Realty License #RES.0044330 Listed on: 04/08/2023

Last Buyer's Agent

Bolano Team

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 1930

Lot Details

  • 2,080 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

  • 3-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 949
  • Assessor Parcel Number 288POTTERSAVPROV

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,044

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0478
  • Above Grade Finished Sq Ft: 1593.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1593.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 3186.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • 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

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2080.0
  • Parcel #: 288POTTERSAVPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4044.0
  • Tax Lot: 949
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Apr 26, 2023
Sold by
Abreu Gladys
Bought by
Greco Efrain and Stratis Spiros
Seller's Agent
Madelynn Duarte
Innovations Realty
Buyer's Agent
Bolano Team
eXp Realty
List Price
$175,000
Sold Price
$192,000
Premium/Discount to List
$17,000
9.71%
Current Estimated Value
$396,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,503
Avg. Annual Appreciation
29.80%
Original Mortgage
$155,000
Outstanding Balance
$150,369
Interest Rate
6.6%
Mortgage Type
Commercial
Estimated Equity
$246,134

Purchase Details

Closed on
Aug 18, 1992
Sold by
Hultquist Alice M
Bought by
Abreau Felix M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greco Efrain $192,000 None Available
Abreau Felix M $40,000 --
Abreau Felix M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Efrain $155,000
Previous Owner Abreau Felix M $52,000
Previous Owner Abreau Felix M $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold $192,000 +9.7% $60 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $175,000 -- $55 / 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 $2,633 $313,500 $117,100 $196,400
2024 $4,169 $227,200 $74,200 $153,000
2023 $4,169 $227,200 $74,200 $153,000
2022 $4,044 $227,200 $74,200 $153,000
2021 $3,409 $138,800 $32,700 $106,100
2020 $3,409 $138,800 $32,700 $106,100
2019 $3,409 $138,800 $32,700 $106,100
2018 $3,059 $95,700 $29,700 $66,000
2017 $3,059 $95,700 $29,700 $66,000
2016 $3,059 $95,700 $29,700 $66,000
2015 $3,078 $93,000 $29,700 $63,300
2014 $3,139 $93,000 $29,700 $63,300
2013 $3,139 $93,000 $29,700 $63,300
Source: Public Records

Agents Affiliated with this Home

  • Madelynn Duarte

    Seller's Agent in 2023

    Madelynn Duarte

    Innovations Realty

    (401) 481-7357

    3 in this area

    69 Total Sales

    Madelynn Duarte
    Section Image

  • B

    Buyer's Agent in 2023

    Bolano Team

    eXp Realty

    (401) 612-3755

    1 in this area

    109 Total Sales

    Bolano Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333018

State-Wide MLS

APN: PROV-480949-000000-000000

Rhode Island Providence County Providence 02905 Lower South Providence

288 Potters Ave, Providence, RI

Not Listed for Sale

Detached

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