NOT LISTED FOR SALE

31 Grape St Providence, RI 02908

Wanskuck Neighborhood

Estimated Value: $536,575 - $599,000

5 Beds
3 Baths
2,082 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $445,000 $214 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,277/month

5 Days on Market

Highlights

  • Wood Flooring
  • Restaurant
  • Utility Room
  • Public Transportation
  • Baseboard Heating

About This Home

As of July 2023

This 3 family is an EXCELLENT opportunity for an investment or owner occupied having 2 units contribute to the mortgage. Located within walking distance of Providence College, this multi has sought after off-street parking, spacious rooms on each floor & separate utilities for each. RENTS ARE BELOW MARKET....TAXES DO NOT REFLECT HOMESTEAD EXEMPTION

Last Agent to Sell the Property

George Avedisian

REAL ESTATE ONE License #REB.0016319 Listed on: 06/08/2023

REAL ESTATE ONE

Last Buyer's Agent

John Manocchio

HomeSmart Professionals License #RES.0035794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 1900

Lot Details

  • 4,350 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • 3-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 31GRAPESTPROV

Community Details

Overview

  • 3 Units
  • Providence College Subdivision

Amenities

  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0999
  • Subdivision Name: Providence College
  • Above Grade Finished Sq Ft: 2082.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Bathtub
  • Dining Room Type: Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, 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: Near Schools, Public Transportation, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4350.0
  • Parcel #: 31GRAPESTPROV
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 5137.0
  • Tax Lot: 66
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 31, 2023
Sold by
Olofinlade Folasade E and Olofinlade Olusegun O
Bought by
Ruzzo Angelique
Seller's Agent
George Avedisian
REAL ESTATE ONE
Buyer's Agent
John Manocchio
HomeSmart Professionals
List Price
$439,900
Sold Price
$445,000
Premium/Discount to List
$5,100
1.16%
Views
10
Current Estimated Value
$565,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,144
Avg. Annual Appreciation
10.56%
Original Mortgage
$427,350
Outstanding Balance
$416,965
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$148,179

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 28, 2016
Sold by
Carpentieri Adele and Carpentieri Ennio
Bought by
Olofinlade Olusegun O and Olofinlade Folasade E
Seller's Agent
Robert Shirley
RE/MAX Properties
Buyer's Agent
George Avedisian
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$112,500
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Ruzzo Angelique $445,000 None Available
Olofinlade Olusegun O $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruzzo Angelique $427,350
Previous Owner Olofinlade Olusegun O $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $445,000 +1.2% $214 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $439,900 +193.3% $211 / Sq Ft
10/28/2016 10/28/16 Sold $150,000 +0.1% $80 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $149,900 -- $80 / 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 $3,648 $483,200 $165,100 $318,100
2024 $5,296 $288,600 $90,600 $198,000
2023 $5,296 $288,600 $90,600 $198,000
2022 $5,137 $288,600 $90,600 $198,000
2021 $3,903 $158,900 $47,100 $111,800
2020 $3,903 $158,900 $47,100 $111,800
2019 $3,903 $158,900 $47,100 $111,800
2018 $3,359 $105,100 $39,900 $65,200
2017 $3,359 $105,100 $39,900 $65,200
2016 $3,359 $105,100 $39,900 $65,200
2015 $3,012 $91,000 $39,900 $51,100
2014 $3,071 $91,000 $39,900 $51,100
2013 $3,071 $91,000 $39,900 $51,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    George Avedisian

    REAL ESTATE ONE

    Section Image

  • J

    Buyer's Agent in 2023

    John Manocchio

    HomeSmart Professionals

    (401) 864-3849

    1 in this area

    108 Total Sales

    John Manocchio
    Section Image
  • Robert Shirley

    Seller's Agent in 2016

    Robert Shirley

    RE/MAX Properties

    (401) 233-1990

    49 Total Sales

    Robert Shirley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1337286

State-Wide MLS

APN: PROV-700066-000000-000000

Rhode Island Providence County Providence 02908 Wanskuck

31 Grape St, Providence, RI

Not Listed for Sale

MultiFamily

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