NOT LISTED FOR SALE

389 Benefit St Unit 8 Providence, RI 02903

Fox Point Neighborhood

Estimated Value: $510,000 - $653,000

1 Bed
1 Bath
1,061 Sq Ft
$363/mo HOA Fee

Last Sold March 23, 2018

Last sale price $360,000 $339 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,049/month

21 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Storm Windows
  • 2 Fireplaces
  • Tennis Courts
  • 4-minute walk to Brassil Park

About This Home

As of March 2018

Sunny, open, sophisticated, fabulous! Penthouse unit in signature Tully Bowen building on College Hill. Terrific views of the city, the bridge, and the harbor. Beautiful details, vaulted beamed ceiling, hardwood floors, and 2 marble fireplaces. Windows have original integral sliding shutters. Awesome recently redone cook's kitchen with gorgeous wood cabinetry, soapstone counters, and stainless appliances. Master bedroom features built-in bookcases, desk, and storage. Wonderful luxury bath with washer and dryer. Circular staircase to loft area, perfect for a little office or 2nd sleeping space. Walk everywhere: Brown, RISD, Wickenden, Jewelry District, and Downtown. A Providence gem!

Last Listed By

Gerri Schiffman

Residential Properties Ltd. License #RES.0025339 Listed on: 01/30/2018

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 1853

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,061 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Intercom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Compressor
  • Heating System Uses Gas
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 389BENEFITST8PROV

Community Details

Overview

  • 8 Units
  • College Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,773

Year Built

Built in 1853

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: RESI05
  • Co List Office Phone: 401-245-9600
  • Subdivision Name: COLLEGE HILL
  • Above Grade Finished Sq Ft: 1061.0
  • Building Name: Tully Bowen
  • Entry Level: 3
  • 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: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Compressor, Intercom
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1061.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Masonry
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 363.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 389BENEFITST8PROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 5773.0
  • Tax Lot: 295
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 23, 2018
Sold by
Weinberg Steven I
Bought by
Clinton Michael C
Seller's Agent
Gerri Schiffman
Residential Properties Ltd.
Buyer's Agent
James Karalekas
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Total Days on Market
21
Current Estimated Value
$561,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,967
Avg. Annual Appreciation
4.34%
Original Mortgage
$288,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2011
Sold by
Abbott D Thomas
Bought by
Weinberg Steven I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
4%

Purchase Details

Closed on
May 1, 1997
Sold by
Stratton Karen G and Slavinsky John P
Bought by
Abbott D Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.85%

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
Clinton Michael C $360,000 --
Weinberg Steven I $308,000 --
Abbott D Thomas $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifton Michael C $125,400
Open Clifton Michael C $283,200
Closed Clinton Michael C $288,000
Previous Owner Weinberg Steven I $246,400
Previous Owner Abbott D Thomas $55,000
Previous Owner Abbott D Thomas $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $360,000 -2.4% $339 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $369,000 -- $348 / 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 $6,841 $372,800 $0 $372,800
2023 $6,841 $372,800 $0 $372,800
2022 $6,636 $372,800 $0 $372,800
2021 $8,785 $357,700 $0 $357,700
2020 $8,785 $357,700 $0 $357,700
2019 $8,785 $357,700 $0 $357,700
2018 $9,815 $307,100 $0 $307,100
2017 $9,815 $307,100 $0 $307,100
2016 $9,815 $307,100 $0 $307,100
2015 $9,632 $291,000 $0 $291,000
2014 $9,821 $291,000 $0 $291,000
2013 $9,821 $291,000 $0 $291,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gerri Schiffman

    Residential Properties Ltd.

    15 in this area

    297 Total Sales

    Gerri Schiffman
    Section Image
  • Nancy Weaver

    Seller Co-Listing Agent in 2018

    Nancy Weaver

    Residential Properties Ltd.

    (401) 837-2355

    80 Total Sales

    Nancy Weaver
    Section Image

  • J

    Buyer's Agent in 2018

    James Karalekas

  • Sara Karalekas

    Buyer's Agent in 2018

    Sara Karalekas

    J. Christopher Real Estate Grp

    (401) 569-1269

    132 Total Sales

    Sara Karalekas
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1181813

State-Wide MLS

APN: PROV-160295-000000-000008

Rhode Island Providence County Providence 02903 Fox Point

389 Benefit St Unit 8, Providence, RI

Homes for Sale in Providence, RI

This home is located at 389 Benefit St Unit 8, Providence, RI 02903 since 30 January 2018 and is currently estimated at $561,967, approximately $529 per square foot. This property was built in 1853. 389 Benefit St Unit 8 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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