NOT LISTED FOR SALE

389 Benefit St Unit 2 Providence, RI 02903

Fox Point Neighborhood

Estimated Value: $430,436 - $472,000

1 Bed
1 Bath
850 Sq Ft
$334/mo HOA Fee

Last Sold May 31, 2022

Last sale price $362,500 $426 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,149/month

28 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Thermal Windows
  • Private Lot
  • Walking Distance to Water
  • 4-minute walk to Brassil Park

About This Home

As of May 2022

Charming and meticulously maintained (1Bed/1Bath) garden level condo in the historic Tully Bowen Mansion (c1853) located on one of College Hills most coveted streets. The private entry is highlighted by an oversize blue stone patio that is directly connected to the unit allowing for an easy flow of outdoor and indoor living spaces. Keynote features throughout include updated Kitchen and Bath, new mechanicals, Central A/C, in-unit Laundry, oversize Bedroom with extra closet storage and off Street Parking Space. Enjoy your morning coffee or entertaining friends for dinner on the outdoor patio space nestled within the established and lush landscaped grounds of the property. (A+) location and walk score; will have you steps away from Brown, RISD, Downtown PVD, Amtrak, the new pedestrian bridge, India Point Park waterfront, as well as all the local shopping + restaurant scene. A perfect pied-a-terre space that is efficient and will live easy. An absolute gem!

Last Agent to Sell the Property

Joshua Cullion

Mott & Chace Sotheby's Intl. License #REB.0016942 Listed on: 04/13/2022

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Victoria Doran

RE/MAX River's Edge License #REB.0013398

RE/MAX River's Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 1853

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 850 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Laundry in unit
  • Utility Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Water Heater

Additional Features

  • Accessibility Features
  • Secluded Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 389BENEFITST2PROV

Community Details

Overview

  • Association fees include ground maintenance, parking, water
  • 9 Units
  • Benefit St / College Hill Subdivision

Amenities

  • Shops
  • Public Transportation
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,377

Year Built

Built in 1853

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Benefit St / College Hill
  • Above Grade Finished Sq Ft: 850.0
  • Building Name: Tully Bowen
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1853
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Accessibility Features: Accessibility Features
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Private Entry
  • Fireplace Features: Masonry, None
  • Fireplace: No
  • Flooring: Ceramic Tile, Other
  • Interior Amenities: Tub Shower
  • Living Area: 850.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Masonry
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Storage
  • Association Fee: 333.68
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Water

Lot Info

  • Parcel #: 389BENEFITST2PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 3377.0
  • Tax Lot: 295
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 30, 2017
Sold by
Cheeseman Joseph
Bought by
Spake Gaetan J and Adams Allison K
Seller's Agent
Courtenay Clifford
Real Broker, LLC
Buyer's Agent
Joshua Cullion
Mott & Chace Sotheby's Intl.
List Price
$235,000
Sold Price
$237,500
Premium/Discount to List
$2,500
1.06%
Current Estimated Value
$459,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,359
Avg. Annual Appreciation
8.31%
Original Mortgage
$189,700
Outstanding Balance
$158,169
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,690

Purchase Details

Listed on
Mar 28, 2013
Closed on
Jul 2, 2013
Sold by
Skeffington James J and Skeffington Barbara J
Bought by
Cheeseman Joseph
Seller's Agent
Elizabeth Walsh
RE/MAX River's Edge
Buyer's Agent
CC Wall Team
Residential Properties, Ltd.
List Price
$170,000
Sold Price
$157,500
Premium/Discount to List
-$12,500
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$126,000
Interest Rate
3.51%

Purchase Details

Closed on
Sep 6, 2001
Sold by
Tucker Bruce G
Bought by
Skeffington James J and Skeffington Barbara J

Purchase Details

Closed on
Sep 15, 1994
Sold by
Lemoine Ronald and Lemoine Judith
Bought by
Mulvey Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.38%
Source: Public Records

Range of Values:

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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
Spake Gaetan J $237,500 --
Cheeseman Joseph $157,500 --
Skeffington James J $140,000 --
Mulvey Linda M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spake Gaetan J $189,700
Previous Owner Cheeseman Joseph $126,000
Previous Owner Mulvey Linda M $72,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $362,500 +21.2% $426 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $299,000 +25.9% $352 / Sq Ft
06/30/2017 06/30/17 Sold $237,500 +1.1% $279 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $235,000 +49.2% $276 / Sq Ft
07/02/2013 07/02/13 Sold $157,500 -7.4% $185 / Sq Ft View Prior Sale
06/02/2013 06/02/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $170,000 -- $200 / 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 $4,523 $246,500 $0 $246,500
2023 $4,523 $246,500 $0 $246,500
2022 $4,388 $246,500 $0 $246,500
2021 $5,627 $229,100 $0 $229,100
2020 $5,627 $229,100 $0 $229,100
2019 $5,627 $229,100 $0 $229,100
2018 $6,271 $196,200 $0 $196,200
2017 $6,271 $196,200 $0 $196,200
2016 $6,271 $196,200 $0 $196,200
2015 $7,203 $217,600 $0 $217,600
2014 $7,344 $217,600 $0 $217,600
2013 $7,344 $217,600 $0 $217,600
Source: Public Records

Agents Affiliated with this Home

  • Joshua Cullion

    Seller's Agent in 2022

    Joshua Cullion

    Mott & Chace Sotheby's Intl.

    (401) 862-8381

    9 in this area

    266 Total Sales

    Joshua Cullion
    Section Image
  • Victoria Doran

    Buyer's Agent in 2022

    Victoria Doran

    RE/MAX River's Edge

    (401) 458-2160

    1 in this area

    39 Total Sales

    Victoria Doran
    Section Image
  • Courtenay Clifford

    Seller's Agent in 2017

    Courtenay Clifford

    Real Broker, LLC

    (401) 965-2005

    10 Total Sales

    Courtenay Clifford
    Section Image

  • E

    Seller's Agent in 2013

    Elizabeth Walsh

    RE/MAX River's Edge

  • CC Wall Team

    Buyer's Agent in 2013

    CC Wall Team

    Residential Properties, Ltd.

    (401) 965-2005

    7 Total Sales

    CC Wall Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1307447

State-Wide MLS

APN: PROV-160295-000000-000002

Rhode Island Providence County Providence 02903 Fox Point

389 Benefit St Unit 2, Providence, RI

This home is located at 389 Benefit St Unit 2, Providence, RI 02903 since 13 April 2022 and is currently estimated at $459,859, approximately $541 per square foot. This property was built in 1853. 389 Benefit St Unit 2 is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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