NOT LISTED FOR SALE

395 Waterman Ave East Providence, RI 02914

Carpenters Corner Neighborhood

Estimated Value: $586,362 - $680,000

8 Beds
3.5 Baths
3,933 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $435,000 $111 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,795/month

19 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Heating System Uses Steam
  • Corner Lot
  • Baseboard Heating

About This Home

As of July 2021

Turn-key, meticulously maintained, spacious 3 -family home. This property is a must see! Many updates and upgrades throughout. Low maintenance lot with plenty of parking. 2 Driveway areas that fit up to 8-10 cars. As as you walk inside you will find that all units are very spacious and modern. The second floor unit was the owners unit and features granite countertops, recess lighting and hardwood flooring. Separate utilities, gas heat and hot water, updated heating units, and vinyl siding. This property is a true gem. Conveniently located near local shopping and highway access.

Last Agent to Sell the Property

Rhode Island Real Estate Inside

Real Broker, LLC Listed on: 06/03/2021

Real Broker, LLC

Last Buyer's Agent

Qinglu Zhu

Coastline Realty LLC License #REC.0018933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,933 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 395WATERMANAVEPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: SMRT
  • Co List Office Phone: 401-921-5011
  • Above Grade Finished Sq Ft: 3933.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 395WATERMANAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5166.0
  • Tax Lot: 007
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2022
Sold by
Jiang Song and Li Yanjun
Bought by
Rainforest Llc
Current Estimated Value
$613,591

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 23, 2021
Sold by
Luis Jonathan
Bought by
Jiang Song and Li Yanjun
Seller's Agent
Rhode Island Real Estate Inside
Real Broker, LLC
Buyer's Agent
Qinglu Zhu
Coastline Realty LLC
List Price
$399,900
Sold Price
$435,000
Premium/Discount to List
$35,100
8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$300,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2016
Sold by
395 Waterman Llc
Bought by
Ouis Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,123
Interest Rate
3.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Rainforest Llc -- None Available
Rainforest Llc -- None Available
Jiang Song $435,000 Fidelity National Title (Aka
Jiang Song $435,000 Fidelity National Title (Aka
Ouis Jonathan $214,000 --
Ouis Jonathan $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Song $300,000
Previous Owner Luis Jonathan $233,516
Previous Owner Ouis Jonathan $210,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $435,000 +8.8% $111 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $399,900 +219.9% $102 / Sq Ft
09/04/2015 09/04/15 Sold $125,000 -26.0% $52 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $169,000 -- $70 / 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 $6,646 $433,500 $72,400 $361,100
2023 $6,398 $433,500 $72,400 $361,100
2022 $5,485 $250,900 $38,500 $212,400
2021 $5,394 $250,900 $38,500 $212,400
2020 $5,166 $250,900 $38,500 $212,400
2019 $5,023 $250,900 $38,500 $212,400
2018 $4,363 $190,700 $40,200 $150,500
2017 $4,266 $190,700 $40,200 $150,500
2016 $4,245 $190,700 $40,200 $150,500
2015 $4,893 $213,200 $32,600 $180,600
2014 $4,893 $213,200 $32,600 $180,600
Source: Public Records

Agents Affiliated with this Home

  • Qinglu Zhu

    Buyer's Agent in 2021

    Qinglu Zhu

    Coastline Realty LLC

    (917) 285-4007

    1 in this area

    94 Total Sales

    Qinglu Zhu
    Section Image

  • J

    Seller's Agent in 2015

    Jean Clarke

    RE/MAX River's Edge

    (401) 374-5039

    1 in this area

    56 Total Sales

    Jean Clarke
    Section Image
  • Joyce Teixeira

    Buyer's Agent in 2015

    Joyce Teixeira

    Dream Living Realty LLC

    (401) 323-2715

    2 in this area

    158 Total Sales

    Joyce Teixeira
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1284471

State-Wide MLS

APN: EPRO-000306-000017-000007

Rhode Island Providence County East Providence 02914 Carpenters Corner

395 Waterman Ave, East Providence, RI

This home is located at 395 Waterman Ave, East Providence, RI 02914 since 03 June 2021 and is currently estimated at $613,591, approximately $156 per square foot. This property was built in 1940. 395 Waterman Ave is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and Providence Country Day School.

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