NOT LISTED FOR SALE

391 Academy Ave Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $461,000 - $558,000

3 Beds
2 Baths
1,680 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $100,000 $60 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $3,195/month

216 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • Storm Windows
  • Shops
  • Baseboard Heating

About This Home

As of June 2012

WELL MAINTAINED,CHARMING TWO FAMILY. SOME UPDATES, LARGE BACKYARD NICELY LANDSCAPED. RENTS ARE LOW DUE TO LONG TERM TENANTS.

Last Agent to Sell the Property

Paula Gallant

June Realty License #RES.0035290 Listed on: 10/18/2011

Last Buyer's Agent

Paula Gallant

June Realty License #RES.0035290 Listed on: 10/18/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,000

Home Design

  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 391ACADEMYAVPROV

Community Details

Overview

  • 2 Units
  • Mount Pleasant Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: MOUNT PLEASANT
  • Above Grade Finished Sq Ft: 1680.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1680.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 391ACADEMYAVPROV

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4800.0
  • Tax Lot: 70
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jun 21, 2012
Sold by
Anthony J Solomon T J and Anthony Solomon
Bought by
Allen Darlene M and Merrick Carmel E
Seller's Agent
Paula Gallant
June Realty
Buyer's Agent
Paula Gallant
June Realty
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Current Estimated Value
$511,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,705
Avg. Annual Appreciation
12.89%
Original Mortgage
$75,000
Outstanding Balance
$10,622
Interest Rate
3.06%
Mortgage Type
New Conventional
Estimated Equity
$501,083
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Allen Darlene M -- --
Allen Darlene M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Darlene M $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2012 06/21/12 Sold $100,000 -23.0% $60 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $129,900 -- $77 / 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 $6,132 $438,000 $162,000 $276,000
2024 $5,270 $287,200 $105,300 $181,900
2023 $5,270 $287,200 $105,300 $181,900
2022 $5,112 $287,200 $105,300 $181,900
2021 $4,701 $191,400 $83,700 $107,700
2020 $4,701 $191,400 $83,700 $107,700
2019 $4,701 $191,400 $83,700 $107,700
2018 $4,423 $138,400 $67,300 $71,100
2017 $4,423 $138,400 $67,300 $71,100
2016 $4,423 $138,400 $67,300 $71,100
2015 $4,171 $126,000 $67,300 $58,700
2014 $4,253 $126,000 $67,300 $58,700
2013 $4,253 $126,000 $67,300 $58,700
Source: Public Records

Agents Affiliated with this Home

  • Paula Gallant

    Seller's Agent in 2012

    Paula Gallant

    June Realty

    (401) 465-1513

    71 Total Sales

    Paula Gallant
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Map

Source: State-Wide MLS

MLS Number: 1003860

State-Wide MLS

APN: PROV-001160-000007-000000

Rhode Island Providence County Providence 02908 Elmhurst

391 Academy Ave, Providence, RI

Not Listed for Sale

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