38 Cotter St Unit 40 East Providence, RI 02914
Carpenters Corner Neighborhood
4
Beds
2
Baths
3,024
Sq Ft
6,540
Sq Ft Lot
Highlights
- Wood Flooring
- Bathtub with Shower
- Public Transportation
- Window Unit Cooling System
- Laundry Room
- Property near a hospital
About This Home
As of July 2022This 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.
Last Agent to Sell the Property
Rhode Island Real Estate Inside
Real Broker, LLC Listed on: 06/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,494
Year Built
- Built in 1923
Home Design
- Brick Foundation
- Vinyl Siding
Interior Spaces
- 3,024 Sq Ft Home
- 2-Story Property
- Utility Room
- Laundry Room
Kitchen
- Oven
- Range
- Microwave
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
- Water Heater
Additional Features
- 6,540 Sq Ft Lot
- Property near a hospital
Community Details
- 2 Units
- Public Transportation
Listing and Financial Details
- Legal Lot and Block 33 / 01
- Assessor Parcel Number 38COTTERSTEPRO
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,217
Avg. Annual Appreciation
3.74%
Original Mortgage
$368,000
Outstanding Balance
$354,452
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$159,529
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
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $260,000 | -- | |
| Warranty Deed | $260,000 | -- | |
| Deed | $148,000 | -- | |
| Deed | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $368,000 | Purchase Money Mortgage | |
| Closed | $368,000 | Purchase Money Mortgage | |
| Previous Owner | $230,000 | New Conventional | |
| Previous Owner | $48,000 | Purchase Money Mortgage |
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 |
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 | $5,301 | $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
-
Rhode Island Real Estate Inside
Seller's Agent in 2022
Rhode Island Real Estate Inside
Real Broker, LLC
(855) 450-0442
3 in this area
132 Total Sales
-
Jennifer Mencarini
J
Seller Co-Listing Agent in 2022
Jennifer Mencarini
Real Broker, LLC
(401) 309-3457
1 in this area
21 Total Sales
-
Kristina St. Andre
Buyer's Agent in 2022
Kristina St. Andre
Westcott Properties
(401) 649-2796
1 in this area
140 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1310771
APN: EPRO-000406-000001-000033
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