L
Seller's Agent in 2024
Lori Mulberry
The Network
(401) 632-1862
1 in this area
12 Total Sales
38 Mitchell St Providence, RI 02907
Elmwood NeighborhoodEstimated Value: $638,000 - $687,000
9
Beds
3
Baths
3,474
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Marina
- Corner Lot
- Shops
- Golf Course Community
- Public Transportation
- 2-minute walk to Jennifer Rivera Memorial Park
About This Home
As of March 2024Welcome to Elmwood! This spacious multifamily is sure to be a welcomed addition to your portfolio! This home has undergone plenty of upgrades recently including new siding and a new roof! All three units feature three bedrooms and one full bathroom and over 1100sf of living space. The basement features additional living space and a full bathroom for extra storage or potential extra rental income. All units are currently occupied with month-to-month tenants so there's nothing to do except grab the keys and start adding equity. Located prominently on a lovely corner lot with tons of off-street tenant parking over 2 separate driveways! Minutes away from tons of spectacular restaurants and downtown Providence, a quick commute to Rts. 95, 195, 146.
Last Agent to Sell the Property
The Network License #RES.0041764 Listed on: 10/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,764
Year Built
- Built in 1910
Lot Details
- 2,800 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,474 Sq Ft Home
- 3-Story Property
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 7 Parking Spaces
- No Garage
- Driveway
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 566
- Assessor Parcel Number 38MITCHELLSTPROV
Community Details
Overview
- 3 Units
- Elmwood Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
Building Details
- Operating Expense $6,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 7, 2023
Sold by
Flores Hector
Bought by
Mora Emily and Mora Pedro A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,512
Outstanding Balance
$559,132
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$107,907
Purchase Details
Closed on
Jun 12, 2012
Sold by
Flores Hector and Santos Eder
Bought by
Flores Hector
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mora Emily | $579,000 | None Available | |
| Flores Hector | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mora Emily | $568,512 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $579,000 | +1.6% | $167 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $569,900 | -- | $164 / 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 |
|---|---|---|---|---|
| 2025 | $4,331 | $573,700 | $118,200 | $455,500 |
| 2024 | $5,942 | $323,800 | $51,200 | $272,600 |
| 2023 | $5,942 | $323,800 | $51,200 | $272,600 |
| 2022 | $5,764 | $323,800 | $51,200 | $272,600 |
| 2021 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2020 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2019 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2018 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2017 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2016 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2015 | $2,939 | $88,800 | $30,000 | $58,800 |
| 2014 | $2,997 | $88,800 | $30,000 | $58,800 |
| 2013 | $2,997 | $88,800 | $30,000 | $58,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Mulberry
-
Jose Duce Rocher
J
Buyer's Agent in 2024
Jose Duce Rocher
Century 21 Limitless
(617) 749-7178
5 in this area
150 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1345952
APN: PROV-490566-000000-000000
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