NOT LISTED FOR SALE

38 Cotter St Unit 40 East Providence, RI 02914

Carpenters Corner Neighborhood

Estimated Value: $481,354 - $552,000

4 Beds
2 Baths
3,024 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $460,000 $152 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,352/month

About This Home

As of July 2022

This property is a must see! Located in the heart of East Providence. New roof and many upgrades throughout; 2 bedrooms per unit, plus bonus room suitable for another bedroom or office. Quiet dead end neighborhood (not a through street) and 5 minutes to downtown Providence. Basement ceiling is 8 feet which leaves room to expand or finish out for some extra space. Outside you will find a spacious yard and an accommodating driveway with off-street parking for up to 6 cars comfortably. As you walk into each unit you will find a nice layout with large kitchen areas and hardwood floors. The second unit also features a balcony to enjoy summer and fall days/evenings. This is a great opportunity for an owner-occupied buyer or investor. Call to schedule your showing today! Will not last.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 18, 2022
Sold by
Dagraca Brian
Bought by
Rao Mohan and Rao Kushaal
Seller's Agent
Rhode Island Real Estate Inside
Real Broker, LLC
Buyer's Agent
Kristina St. Andre
Westcott Properties
List Price
$439,900
Sold Price
$460,000
Premium/Discount to List
$20,100
4.57%
Current Estimated Value
$524,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,339
Avg. Annual Appreciation
3.95%
Original Mortgage
$368,000
Outstanding Balance
$354,452
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,452

Purchase Details

Closed on
Aug 6, 2021
Sold by
Monteiro Diane
Bought by
Dagraca Brian

Purchase Details

Closed on
May 25, 2018
Sold by
Dagraca Daniel D and Dagraca Matilda F
Bought by
Monteiro Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Dagraca Antonetta and Dagraca Barbara
Bought by
Dagraca Daniel and Dagraca Matilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rao Mohan $460,000 None Available
Rao Mohan $460,000 None Available
Dagraca Brian -- None Available
Dagraca Brian -- None Available
Monteiro Diane $260,000 --
Monteiro Diane $260,000 --
Dagraca Daniel $148,000 --
Dagraca Daniel $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Mohan $368,000
Closed Rao Mohan $368,000
Previous Owner Monteiro Diane $230,000
Previous Owner Dagraca Daniel $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $460,000 +4.6% $152 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $439,900 -- $145 / Sq Ft

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 $5,301 $345,800 $81,300 $264,500
2023 $5,104 $345,800 $81,300 $264,500
2022 $4,569 $209,000 $41,000 $168,000
2021 $4,494 $209,000 $41,000 $168,000
2020 $4,303 $209,000 $41,000 $168,000
2019 $4,184 $209,000 $41,000 $168,000
2018 $4,011 $175,300 $42,900 $132,400
2017 $3,921 $175,300 $42,900 $132,400
2016 $3,902 $175,300 $42,900 $132,400
2015 $3,635 $158,400 $34,700 $123,700
2014 $3,635 $158,400 $34,700 $123,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2022

    Jennifer Mencarini

    Real Broker, LLC

    (401) 309-3457

    1 in this area

    21 Total Sales

    Jennifer Mencarini
    Section Image
  • Kristina St. Andre

    Buyer's Agent in 2022

    Kristina St. Andre

    Westcott Properties

    (401) 649-2796

    1 in this area

    139 Total Sales

    Kristina St. Andre
    Section Image
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Map

Rhode Island Providence County East Providence 02914 Carpenters Corner

38 Cotter St Unit 40, East Providence, RI

This home is located at 38 Cotter St Unit 40, East Providence, RI 02914 and is currently estimated at $524,339, approximately $173 per square foot. 38 Cotter St Unit 40 is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and Providence Country Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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