NOT LISTED FOR SALE

318 New York Ave Providence, RI 02905

Washington Park Neighborhood

Estimated Value: $665,000 - $704,324

9 Beds
3 Baths
4,316 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $521,000 $121 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,943/month

7 Days on Market

Highlights

  • Walking Distance to Water
  • Bathtub with Shower
  • Storage Room
  • Thermal Windows
  • Laundry Room
  • Public Transportation

About This Home

As of November 2022

Well maintained large 3 family located in the Washington Park neighborhood of Providence. Low maintenance exterior features 11 year old architectural shingle roof, vinyl siding, replacement windows, and off street parking. Interior features 3 bedrooms and 1 bathroom per unit. Long term tenants on the 1st and 3rd floor. 2nd floor owner's unit will be vacant prior to closing. NOT subject to finding seller finding suitable housing. Hardwired smokes. Ready for all potential buyers!

Last Agent to Sell the Property

Gary Almeida

RE/MAX Preferred License #RES.0031811 Listed on: 09/19/2022

RE/MAX Preferred

Last Buyer's Agent

Keith Volpicelli

RE/MAX Real Estate Center License #RES.0041559

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1920

Lot Details

  • 3,200 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,316 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 21
  • Assessor Parcel Number 318320NEWYORKAVPROV

Community Details

Overview

  • 3 Units
  • Washington Park Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,694

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Subdivision Name: Washington Park
  • Above Grade Finished Sq Ft: 4316.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 318320NEWYORKAVPROV
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3694.0
  • Tax Lot: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Nov 8, 2022
Sold by
Garcia John A
Bought by
Argueta Erick A and Delmundo Guenevieve O
Seller's Agent
Gary Almeida
RE/MAX Preferred
Buyer's Agent
Keith Volpicelli
RE/MAX Real Estate Center
List Price
$500,000
Sold Price
$521,000
Premium/Discount to List
$21,000
4.2%
Views
68
Current Estimated Value
$686,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,081
Avg. Annual Appreciation
9.71%
Original Mortgage
$494,950
Outstanding Balance
$474,003
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,078

Purchase Details

Listed on
Mar 10, 2015
Closed on
Apr 21, 2015
Sold by
Menezes Emanuel and Rodrigues Alzia R
Bought by
Garcia John A
Seller's Agent
Gary Almeida
RE/MAX Preferred
Buyer's Agent
Gary Almeida
RE/MAX Preferred
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$196,377
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Mourato Adelino S
Bought by
Menezes Emanuel and Rodrigues Alzina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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
Argueta Erick A $521,000 None Available
Garcia John A $200,000 --
Menezes Emanuel $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argueta Erick A $494,950
Previous Owner Menezes Emanuel $196,377
Previous Owner Menezes Emanuel $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2022 11/08/22 Sold $521,000 +4.2% $121 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $500,000 +150.0% $116 / Sq Ft
04/20/2015 04/20/15 Sold $200,000 0.0% $62 / Sq Ft View Prior Sale
03/21/2015 03/21/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $200,000 -- $62 / 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 $4,003 $530,200 $118,800 $411,400
2024 $6,793 $370,200 $87,100 $283,100
2023 $6,793 $370,200 $87,100 $283,100
2022 $6,590 $370,200 $87,100 $283,100
2021 $5,850 $238,200 $42,200 $196,000
2020 $5,850 $238,200 $42,200 $196,000
2019 $5,850 $238,200 $42,200 $196,000
2018 $5,756 $180,100 $46,600 $133,500
2017 $5,756 $180,100 $46,600 $133,500
2016 $5,756 $180,100 $46,600 $133,500
2015 $3,773 $114,000 $38,400 $75,600
2014 $3,848 $114,000 $38,400 $75,600
2013 $3,848 $114,000 $38,400 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Gary Almeida

    Seller's Agent in 2022

    Gary Almeida

    RE/MAX Preferred

    (401) 413-9105

    1 in this area

    95 Total Sales

    Gary Almeida
    Section Image
  • Keith Volpicelli

    Buyer's Agent in 2022

    Keith Volpicelli

    RE/MAX Real Estate Center

    (401) 864-0055

    1 in this area

    31 Total Sales

    Keith Volpicelli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1320380

State-Wide MLS

APN: PROV-870021-000000-000000

Rhode Island Providence County Providence 02905 Washington Park

318 New York Ave, Providence, RI

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