L
Seller's Agent in 2023
Lawrence Colli
Williams & Stuart Real Estate
(401) 741-5794
1 in this area
18 Total Sales
31 Sussex St Providence, RI 02908
Wanskuck NeighborhoodEstimated Value: $497,000 - $618,000
6
Beds
3
Baths
2,800
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Recreation Facilities
- Restaurant
- Baseboard Heating
- Public Transportation
- Property near a hospital
- Carpet
About This Home
As of October 2023Welcome to 31 Sussex Street! This charming 3-family house is nestled in the heart of Providence, known for its vibrant community and rich history. Ideal for investors and owner occupants alike, this property offers a fantastic opportunity to be a part of this thriving neighborhood. With ample off-street parking and young vinyl siding, maintenance is a breeze. Each unit boasts separate utilities for added convenience. Currently fully occupied with month-to-month tenants and professionally managed, this property is a smart investment choice.
Last Agent to Sell the Property
Williams & Stuart Real Estate License #RES.0046690 Listed on: 09/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,320
Year Built
- Built in 1920
Lot Details
- 3,920
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,800 Sq Ft Home
- 3-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- 3,920 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 349
- Assessor Parcel Number 31SUSSEXSTPROV
Community Details
Overview
- 3 Units
- North End Subdivision
Amenities
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2023
Closed on
Oct 24, 2023
Sold by
Ocean Gate Renovations In and Bp Hld Llc
Bought by
Silva Darlene
Seller's Agent
Lawrence Colli
Williams & Stuart Real Estate
Buyer's Agent
Omar Valerio
Century 21 Limitless
List Price
$489,900
Sold Price
$505,000
Premium/Discount to List
$15,100
3.08%
Views
32
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
$62,020
Avg. Annual Appreciation
6.98%
Original Mortgage
$400,000
Outstanding Balance
$393,653
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$179,235
Purchase Details
Closed on
Aug 7, 2023
Sold by
Olofinlade Folasade E and Olofinlade Olusegun
Bought by
Bp Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2019
Sold by
Olofinlade Folasade
Bought by
Olofinlade Folasade and Olofinlade Olusegun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2016
Closed on
Sep 21, 2016
Sold by
Victor Realty Rigp and Providence City Of
Bought by
Fraielli Richard
Seller's Agent
Karyn DiLorenzo
Diamond Real Estate Group
Buyer's Agent
George Avedisian
REAL ESTATE ONE
List Price
$154,900
Sold Price
$154,125
Premium/Discount to List
-$775
-0.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$115,590
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2016
Closed on
Sep 1, 2016
Sold by
Fraielli Richard
Bought by
Olofinalde Folasade E
Seller's Agent
Karyn DiLorenzo
Diamond Real Estate Group
Buyer's Agent
George Avedisian
REAL ESTATE ONE
List Price
$154,900
Sold Price
$154,125
Premium/Discount to List
-$775
-0.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,590
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2012
Sold by
Ciccone Rosemarie
Bought by
Fraielli Richard
Purchase Details
Closed on
Feb 16, 2006
Sold by
Hernandez Irma
Bought by
Ricci Ernie
Purchase Details
Closed on
Nov 30, 1998
Sold by
Brigham Robert H
Bought by
Pizzi Angelo
Purchase Details
Closed on
Jul 7, 1989
Sold by
Chapman David W
Bought by
Brigham Robert H
Purchase Details
Closed on
Dec 7, 1988
Sold by
Chapman Christine
Bought by
Chapman David
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 |
|---|---|---|---|
| Silva Darlene | $505,000 | None Available | |
| Bp Holdings Llc | $415,000 | None Available | |
| Olofinlade Folasade | -- | -- | |
| Fraielli Richard | $4,723 | -- | |
| Olofinalde Folasade E | $154,900 | -- | |
| Fraielli Richard | $50,000 | -- | |
| Ricci Ernie | $221,000 | -- | |
| Pizzi Angelo | $64,000 | -- | |
| Brigham Robert H | $119,000 | -- | |
| Brigham Robert H | $119,000 | -- | |
| Chapman David | $63,500 | -- | |
| Chapman David | $63,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silva Darlene | $400,000 | |
| Closed | Silva Darlene | $75,000 | |
| Previous Owner | Bp Holdings Llc | $300,000 | |
| Previous Owner | Bp Holdings Llc | $100,000 | |
| Previous Owner | Olofinlade Folasade E | $191,000 | |
| Previous Owner | Olofinlade Folasade | $182,000 | |
| Previous Owner | Olofinalde Folasade E | $115,590 | |
| Previous Owner | Chapman David | $294,950 | |
| Previous Owner | Chapman David | $246,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $505,000 | +3.1% | $180 / Sq Ft |
| 09/18/2023 09/18/23 | Pending | -- | -- | -- |
| 09/10/2023 09/10/23 | For Sale | $489,900 | +217.9% | $175 / Sq Ft |
| 09/01/2016 09/01/16 | Sold | $154,125 | -0.5% | $41 / Sq Ft |
| 08/02/2016 08/02/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | For Sale | $154,900 | -- | $42 / 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 |
|---|---|---|---|---|
| 2024 | $5,320 | $289,900 | $72,000 | $217,900 |
| 2023 | $5,320 | $289,900 | $72,000 | $217,900 |
| 2022 | $5,160 | $289,900 | $72,000 | $217,900 |
| 2021 | $4,320 | $175,900 | $39,700 | $136,200 |
| 2020 | $4,320 | $175,900 | $39,700 | $136,200 |
| 2019 | $4,320 | $175,900 | $39,700 | $136,200 |
| 2018 | $3,746 | $117,200 | $38,800 | $78,400 |
| 2017 | $3,746 | $117,200 | $38,800 | $78,400 |
| 2016 | $3,746 | $117,200 | $38,800 | $78,400 |
| 2015 | $3,499 | $105,700 | $44,400 | $61,300 |
| 2014 | $3,567 | $105,700 | $44,400 | $61,300 |
| 2013 | $3,567 | $105,700 | $44,400 | $61,300 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence Colli
-
Omar Valerio
Buyer's Agent in 2023
Omar Valerio
Century 21 Limitless
(401) 688-8315
3 in this area
71 Total Sales
-
K
Seller's Agent in 2016
Karyn DiLorenzo
Diamond Real Estate Group
-
George Avedisian
Buyer's Agent in 2016
George Avedisian
REAL ESTATE ONE
(401) 374-6999
2 in this area
45 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1343536
APN: PROV-760349-000000-000000
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