NOT LISTED FOR SALE

36 Summit Ave Providence, RI 02906

Estimated Value: $799,000 - $951,000

6 Beds
2 Baths
4,792 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $502,000 $105 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,544/month

1 Day on Market

Highlights

  • Golf Course Community
  • Attic
  • Tennis Courts
  • Wood Flooring
  • Corner Lot
  • Thermal Windows

About This Home

As of February 2020

This sunny, bright, and inviting two family is set on a corner lot in a well established East Side neighborhood. Strong rental history. Each spacious unit provides two bedrooms, full bath, extra childrens bedroom, home office, or guest room, and an adorable three season room for mudroom, or space to enjoy a morning coffee. Beautiful hardwoods throughout each level. Two year old roof, 16 year replacement windows, and freshly painted exterior are some of the property's improvements. Private courtyard patio, great for summer entertaining. Off street parking for four. Walk to Hope Street restaurants and shops! Leases in place through May 31,2020.

Last Agent to Sell the Property

Dina Karousos

Serhant Rhode Island Listed on: 01/20/2020

Serhant Rhode Island

Last Buyer's Agent

Joe Roch

Residential Properties Ltd License #REB.0018442

Residential Properties Ltd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,869

Year Built

  • Built in 1910

Lot Details

  • 4,734 Sq Ft Lot
  • Corner Lot

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,792 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Patio
  • Breezeway

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 326
  • Assessor Parcel Number 36SUMMITAVPROV

Community Details

Overview

  • 2 Units
  • East Side/Miriam Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,869

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1087
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: East Side/Miriam
  • Above Grade Finished Sq Ft: 4792.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Breezeway, Patio, Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4734.0
  • Parcel #: 36SUMMITAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 8869.0
  • Tax Lot: 326
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 15, 2020
Sold by
Gilman Daniel B and Trainor David P
Bought by
Mintz Hannah
Seller's Agent
Dina Karousos
Serhant Rhode Island
Buyer's Agent
Joe Roch
Residential Properties Ltd
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%
Current Estimated Value
$882,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,095
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
May 12, 2005
Sold by
Hogan Tiffany L and Shaw Dianna L
Bought by
Gilman Daniel B and Trainor David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mintz Hannah $502,000 None Available
Gilman Daniel B $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilman Daniel B $319,000
Previous Owner Gilman Daniel B $91,300
Previous Owner Gilman Daniel B $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $502,000 +0.6% $105 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $499,000 -- $104 / 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 $11,015 $786,800 $371,400 $415,400
2024 $10,144 $552,800 $250,300 $302,500
2023 $10,144 $552,800 $250,300 $302,500
2022 $9,840 $552,800 $250,300 $302,500
2021 $10,197 $415,200 $199,900 $215,300
2020 $8,869 $361,100 $199,900 $161,200
2019 $8,869 $361,100 $199,900 $161,200
2018 $8,489 $265,600 $173,100 $92,500
2017 $8,489 $265,600 $173,100 $92,500
2016 $8,489 $265,600 $173,100 $92,500
2015 $8,427 $254,600 $161,500 $93,100
2014 $8,593 $254,600 $161,500 $93,100
2013 $8,593 $254,600 $161,500 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1245070

State-Wide MLS

APN: PROV-730326-000000-000000