NOT LISTED FOR SALE

388 S Main St Unit 68 Providence, RI 02903

College Hill Neighborhood

Estimated Value: $317,000 - $333,000

1 Bed
1 Bath
607 Sq Ft
$199/mo HOA Fee

Last Sold March 27, 2018

Last sale price $165,000 $272 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,246/month

2 Days on Market

Highlights

  • River Access
  • Wood Flooring
  • Bathtub with Shower
  • Spa
  • Cooling Available
  • Public Transportation

About This Home

As of March 2018

Spacious 1 bedroom, 1 bath condo on the second floor. Open living/dining room area with large windows. Galley kitchen with stainless steel appliance. In-ceiling speaker system. A large amount of closet space and access to the attic. The condo has been a rental property since 2011 and currently has a tenant. Being sold "as is," with current tenant to remain and under lease through July 2018. Great location within walking distance to Providence River, RISD, Brown University, JWU, Providence downtown and the East Side of Providence. Easy highway access. Excellent area for homeowners who enjoy the city living style or rental investment to college students, graduate students, faculty and in general a beautiful, scenic, and convenient location on the East Side of Providence. Tax does not reflect homeowner discount, so it can be 30% less if you apply homeowner tax. The condo association does not allow pets. 388 South Main 68 and 392 South main 68 are the same property. Once is mailing address, one is deed address.

Last Agent to Sell the Property

Anna Hsiao

Coastline Realty LLC License #REB.0019066 Listed on: 02/22/2018

Last Buyer's Agent

Team Atlantic

Weichert REALTORS-Atlantic Prp

Weichert REALTORS-Atlantic Prp

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 607 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Spa
  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 570
  • Assessor Parcel Number 388SOUTHMAINST68PROV

Community Details

Overview

  • 72 Units

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 607.0
  • Building Name: The Plantations
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1973
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Other, Carpet
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 607.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 199.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 388SOUTHMAINST68PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 72

Tax Info

  • Tax Annual Amount: 4912.0
  • Tax Lot: 570
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 27, 2018
Sold by
Lasser Michael S
Bought by
Dou Zijie
Seller's Agent
Anna Hsiao
Coastline Realty LLC
Buyer's Agent
Team Atlantic
Weichert REALTORS-Atlantic Prp
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$322,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,945
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
May 16, 2006
Sold by
Hynes Susan H
Bought by
Lasser Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dou Zijie $165,000 --
Lasser Michael S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasser Michael S $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $165,000 -2.9% $272 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $169,900 -- $280 / 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
2025 $4,235 $290,100 $0 $290,100
2024 $3,767 $205,300 $0 $205,300
2023 $3,767 $205,300 $0 $205,300
2022 $3,654 $205,300 $0 $205,300
2021 $4,409 $179,500 $0 $179,500
2020 $4,409 $179,500 $0 $179,500
2019 $4,409 $179,500 $0 $179,500
2018 $4,912 $153,700 $0 $153,700
2017 $4,912 $153,700 $0 $153,700
2016 $4,912 $153,700 $0 $153,700
2015 $5,687 $171,800 $0 $171,800
2014 $5,798 $171,800 $0 $171,800
2013 $5,798 $171,800 $0 $171,800
Source: Public Records

Agents Affiliated with this Home

  • Anna Hsiao

    Seller's Agent in 2018

    Anna Hsiao

    Coastline Realty LLC

    (401) 808-1303

    6 in this area

    62 Total Sales

    Anna Hsiao
    Section Image

  • T

    Buyer's Agent in 2018

    Team Atlantic

    Weichert REALTORS-Atlantic Prp

    (401) 783-2550

    5 Total Sales

    Team Atlantic
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1183447

State-Wide MLS

APN: PROV-160570-000000-000068

Rhode Island Providence County Providence 02903 College Hill

388 S Main St Unit 68, Providence, RI

Not Listed for Sale

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