38 Transit St Unit 1 Providence, RI 02903
Fox Point NeighborhoodEstimated Value: $696,346
2
Beds
2
Baths
1,256
Sq Ft
$382/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Water Views
- River Access
- 5-minute walk to Brassil Park
About This Home
As of July 2019Terrific opportunity in a highly desirable area just off lower Benefit St. This Elegant College Hill condo is overlooking Downtown Providence waterfront! Single level living with LOTS of natural light. This condo features two large bedrooms, one of which is a master suite with walk-in closet. There is an additional third room, perfect for a home office or nursery. Property has been renovated top to bottom not too long ago. Walking distance to downtown, Brown University, RISD, markets, cafes and restaurants. A sensational opportunity to enjoy the best of urban living in the Capital City.
Last Listed By
Mott & Chace Sotheby's Intl. License #RES.0041564 Listed on: 05/01/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,942
Year Built
- Built in 1900
HOA Fees
- $382 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Masonry
Interior Spaces
- 1,256 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Water Views
- Interior Basement Entry
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Outdoor Features
- River Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 567
- Assessor Parcel Number 38TRANSITST1PROV
Community Details
Overview
- 4 Units
- College Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Playground
- Trails
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2020
Sold by
Norris Alyssa and Norris Ashlie
Bought by
Norris Alyssa
Total Days on Market
45
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
$283,000
Outstanding Balance
$256,221
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$395,815
Purchase Details
Listed on
May 1, 2019
Closed on
Jul 12, 2019
Sold by
Lee Christine E and Lee Michael Y
Bought by
Norris Alyssa and Norris Ashlie
Seller's Agent
Elmehdi Mechtaly
Mott & Chace Sotheby's Intl.
Buyer's Agent
Jim DeRentis
Residential Properties Ltd.
List Price
$389,000
Sold Price
$355,000
Premium/Discount to List
-$34,000
-8.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$284,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Providence, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norris Alyssa | -- | None Available | |
| Norris Alyssa | $355,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Norris Alyssa | $284,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2019 07/16/19 | Sold | $355,000 | -8.7% | $283 / Sq Ft |
| 06/16/2019 06/16/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | For Sale | $389,000 | +10.8% | $310 / Sq Ft |
| 05/22/2015 05/22/15 | Sold | $351,000 | -6.4% | $279 / Sq Ft |
| 04/22/2015 04/22/15 | Pending | -- | -- | -- |
| 12/10/2014 12/10/14 | For Sale | $375,000 | -- | $299 / 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 | $12,146 | $661,900 | $0 | $661,900 |
| 2023 | $12,146 | $661,900 | $0 | $661,900 |
| 2022 | $11,782 | $661,900 | $0 | $661,900 |
| 2021 | $9,822 | $399,900 | $0 | $399,900 |
| 2020 | $9,822 | $399,900 | $0 | $399,900 |
| 2019 | $9,822 | $399,900 | $0 | $399,900 |
| 2018 | $10,965 | $343,100 | $0 | $343,100 |
| 2017 | $10,965 | $343,100 | $0 | $343,100 |
| 2016 | $10,965 | $343,100 | $0 | $343,100 |
| 2015 | $10,761 | $325,100 | $0 | $325,100 |
Source: Public Records
Agents Affiliated with this Home
-
Elmehdi Mechtaly
Seller's Agent in 2019
Elmehdi Mechtaly
Mott & Chace Sotheby's Intl.
(305) 240-1920
36 Total Sales
-
Jim DeRentis
Buyer's Agent in 2019
Jim DeRentis
Residential Properties Ltd.
(401) 529-2188
16 in this area
479 Total Sales
-
James Moore
Seller's Agent in 2015
James Moore
Peter M. Scotti & Assoc.,Inc.
(401) 490-5036
4 Total Sales
-
G
Buyer's Agent in 2015
Geraldine Schiffman
Residential Properties, Ltd.
-
Gerri Schiffman
G
Buyer's Agent in 2015
Gerri Schiffman
Residential Properties Ltd.
15 in this area
297 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1220897
APN: PROV-160567-000000-000001
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