NOT LISTED FOR SALE

381 Academy Ave Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $618,002 - $678,000

6 Beds
3 Baths
2,005 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $248,000 $124 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,072/month

58 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Satellite Dish
  • 2 Car Detached Garage

About This Home

As of December 2016

Great Investment Property. Owner occupied or rental. 3 Family home with 2 car garage, located near Prov. College ,La Salle Academy, and Roger Williams/VA hospitals. Existing tenants on two floors.

Last Agent to Sell the Property

Beth Farrell

Residential Properties Ltd. License #RES.0041991 Listed on: 09/25/2016

Residential Properties Ltd.

Last Buyer's Agent

Lavonne Lopes

Keller Williams Coastal License #RES.0032513

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,385

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 2,005 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 381ACADEMYAVPROV

Community Details

Overview

  • 3 Units
  • Elmhurst Subdivision

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,385

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: ELMHURST
  • Above Grade Finished Sq Ft: 2005.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Wood
  • Interior Amenities: Cable TV
  • Living Area: 2005.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: TV Antenna
  • Foundation Details: Brick/Mortar, Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 381ACADEMYAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 5385.0
  • Tax Lot: 56
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2016
Closed on
Dec 23, 2016
Sold by
Farrell Mark V and Farrell Beth A
Bought by
Maxie Rodne
Seller's Agent
Beth Farrell
Residential Properties Ltd.
Buyer's Agent
Lavonne Lopes
Keller Williams Coastal
List Price
$248,500
Sold Price
$248,000
Premium/Discount to List
-$500
-0.2%
Current Estimated Value
$650,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,001
Avg. Annual Appreciation
10.95%
Original Mortgage
$243,508
Interest Rate
3.57%
Mortgage Type
FHA
Source: Public Records

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
Maxie Rodne $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxie Rodne $243,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $248,000 -0.2% $124 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
09/25/2016 09/25/16 For Sale $248,500 -- $124 / Sq Ft
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 $7,494 $408,400 $105,300 $303,100
2023 $7,494 $408,400 $105,300 $303,100
2022 $6,705 $376,700 $105,300 $271,400
2021 $6,572 $267,600 $83,700 $183,900
2020 $6,572 $267,600 $83,700 $183,900
2019 $6,572 $267,600 $83,700 $183,900
2018 $5,385 $168,500 $67,300 $101,200
2017 $5,385 $168,500 $67,300 $101,200
2016 $5,385 $168,500 $67,300 $101,200
2015 $4,564 $137,900 $67,300 $70,600
2014 $4,654 $137,900 $67,300 $70,600
2013 $4,654 $137,900 $67,300 $70,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beth Farrell

    Residential Properties Ltd.

    (401) 578-2154

    31 Total Sales

    Beth Farrell
    Section Image
  • Lavonne Lopes

    Buyer's Agent in 2016

    Lavonne Lopes

    Keller Williams Coastal

    (401) 954-3544

    2 in this area

    108 Total Sales

    Lavonne Lopes
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1137725

State-Wide MLS

APN: PROV-001160-000056-000000

Rhode Island Providence County Providence 02908 Elmhurst

381 Academy Ave, Providence, RI

This home is located at 381 Academy Ave, Providence, RI 02908 since 25 September 2016 and is currently estimated at $650,001, approximately $324 per square foot. This property was built in 1920. 381 Academy Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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