NOT LISTED FOR SALE

367 Benefit St Unit 2 Providence, RI 02903

College Hill Neighborhood

Estimated Value: $442,000 - $545,000

1 Bed
1 Bath
800 Sq Ft
$211/mo HOA Fee

Last Sold August 21, 2018

Last sale price $280,000 $350 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,583/month

39 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Walking Distance to Water
  • Corner Lot
  • Workshop
  • 5-minute walk to Brassil Park

About This Home

As of August 2018

Sun-filled first floor condo in a fully restored 1841
building on historic Benefit Street. This chic one
bedroom unit boasts original details and built-ins with modern
amenities. Gleaming hardwood floors throughout, high ceilings,
large windows, wood burning fireplace, fully applianced stainless steel kitchen
with granite counter tops. In unit washer and dryer. Ample
closet space. Assigned parking. Central air and heat.
Professionally managed. Wonderful East Side/ College Hill
location. Walk to Downtown, RISD, Brown and train station.
Fabulous sidewalk cafes, restaurants, hospitals, universities,
schools and major highways. TAXES DO NOT REFLEXT OWNER OCCUPANT RATE. Also, available for rent for $2,000/month.

Last Listed By

Shamila Ahmed

Shamila Ahmed, LLC License #REB.0018860 Listed on: 06/12/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1841

HOA Fees

  • $211 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Intercom

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Sprinkler System
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 238
  • Assessor Parcel Number 367BENEFITST2PROV

Community Details

Overview

  • 7 Units
  • College Hill Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,095

Year Built

Built in 1841

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 800.0
  • Building Name: 367 Benefit St. Condos
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1841
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Dry Bar, Tub Shower, Cable TV
  • Living Area: 800.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Hot Water, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 211.42
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 367BENEFITST2PROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 6095.0
  • Tax Lot: 238
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 21, 2018
Sold by
Heim Robert J
Bought by
Kant Shawn R
Seller's Agent
Shamila Ahmed
Shamila Ahmed, LLC
Buyer's Agent
Jeremie Blum
List Price
$329,000
Sold Price
$280,000
Premium/Discount to List
-$49,000
-14.89%
Total Days on Market
39
Current Estimated Value
$497,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,797
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Jul 19, 2012
Sold by
Janet B Swearer Ret
Bought by
Heim Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.7%

Purchase Details

Closed on
Oct 16, 1998
Sold by
Moses Marilyn A
Bought by
Heim Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,150
Interest Rate
6.8%

Purchase Details

Closed on
Aug 15, 1989
Sold by
Dong Susanne H
Bought by
Stolzman Alice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.93%

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
Kant Shawn R $280,000 --
Heim Robert J $211,000 --
Heim Robert $85,000 --
Stolzman Alice R $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heim Robert J $138,500
Previous Owner Heim Robert J $100,000
Previous Owner Stolzman Alice R $147,700
Previous Owner Stolzman Alice R $80,150
Previous Owner Stolzman Alice R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $280,000 -14.9% $350 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $329,000 0.0% $411 / Sq Ft
06/05/2014 06/05/14 Rented $1,750 0.0% --
05/06/2014 05/06/14 Under Contract -- -- --
04/29/2014 04/29/14 For Rent $1,750 -- --
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
2024 $7,193 $392,000 $0 $392,000
2023 $7,193 $392,000 $0 $392,000
2022 $6,823 $392,000 $0 $392,000
2021 $6,823 $277,800 $0 $277,800
2020 $6,823 $277,800 $0 $277,800
2019 $6,823 $277,800 $0 $277,800
2018 $6,095 $190,700 $0 $190,700
2017 $6,095 $190,700 $0 $190,700
2016 $6,095 $190,700 $0 $190,700
2015 $6,554 $198,000 $0 $198,000
2014 $6,683 $198,000 $0 $198,000
2013 $6,683 $198,000 $0 $198,000
Source: Public Records

Agents Affiliated with this Home

  • Shamila Ahmed

    Seller's Agent in 2018

    Shamila Ahmed

    Shamila Ahmed, LLC

    (401) 339-7269

    3 in this area

    63 Total Sales

    Shamila Ahmed
    Section Image

  • J

    Buyer's Agent in 2018

    Jeremie Blum

  • David Hasslinger

    Buyer's Agent in 2014

    David Hasslinger

    Residential Properties Ltd.

    (401) 465-8625

    12 in this area

    165 Total Sales

    David Hasslinger
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1194869

State-Wide MLS

APN: PROV-160238-000000-000002

Rhode Island Providence County Providence 02903 College Hill

367 Benefit St Unit 2, Providence, RI

Homes for Sale in Providence, RI

This home is located at 367 Benefit St Unit 2, Providence, RI 02903 since 12 June 2018 and is currently estimated at $497,797, approximately $622 per square foot. This property was built in 1841. 367 Benefit St Unit 2 is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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