40 7th St Unit 1 Providence, RI 02906
Hope NeighborhoodEstimated Value: $347,000 - $394,583
2
Beds
1
Bath
1,000
Sq Ft
$175/mo
HOA Fee
Highlights
- Wood Flooring
- Storage Room
- Shops
- Bathtub with Shower
- Public Transportation
- 3-minute walk to Summit Ave Playground (Kerry Kohring Park)
About This Home
As of November 2023Beautiful, first-floor condo, completely remodeled and walkable to Hope Village merchants, the Amtrak, and the wonderful Eastside neighborhood of Providence. The home is full of light from the many windows, and the open floor plan feels modern and convenient. Beautiful hardwood floors run throughout the condo, and the kitchen has stainless steel appliances and tons of granite counter space. Two bedrooms have lit, and spacious closets. The bathroom has an elegant walk-in shower with rich tile colors, and the laundry is conveniently tucked into the bathroom too. Stay comfortable year-round with the forced air heating system and central air cooling. There is storage in the basement, and parking just outside the back door. Enjoy meals with guests in the fully fenced and spacious green yard space. This location is just steps from Miriam Hospital, and the bus to Brown University and RISD. Access to 95 is a few minutes away, ideal for commutes North into MA.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0040997 Listed on: 10/05/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,744
Year Built
- Built in 1900
HOA Fees
- $175 Monthly HOA Fees
Home Design
- Brick Foundation
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 1,000 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 1 Parking Space
- No Garage
- Unassigned Parking
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 204
- Assessor Parcel Number 407THST1PROV
Community Details
Overview
- Association fees include sewer, water
- 2 Units
- Eastside Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Nov 30, 2023
Sold by
Janice R Martin T R and Janice Martin
Bought by
Wilson Julie M and Miner Samuel
Seller's Agent
Rachael Dotson
Residential Properties Ltd.
Buyer's Agent
Carl Henschel
Mott & Chace Sotheby's Intl.
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%
Total Days on Market
25
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,896
Avg. Annual Appreciation
1.97%
Original Mortgage
$124,250
Outstanding Balance
$122,643
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,253
Purchase Details
Closed on
Jun 10, 2022
Sold by
Martin Janice R
Bought by
Janice R Martin T R and Janice Martin
Purchase Details
Listed on
Oct 22, 2019
Closed on
Feb 21, 2020
Sold by
Reynolds Dolores H Est and Reynolds
Bought by
Martin Janice R
Seller's Agent
Mary O'Brien
Residential Properties Ltd.
Buyer's Agent
Pam Soule
Coldwell Banker Realty
List Price
$269,900
Sold Price
$227,000
Premium/Discount to List
-$42,900
-15.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$181,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 10, 2018
Closed on
Dec 14, 2018
Sold by
Nick & Job Property Mgmt
Bought by
Reynolds Dolores H
Seller's Agent
Melissa Riley
Westcott Properties
Buyer's Agent
Mary O'Brien
Residential Properties Ltd.
List Price
$209,900
Sold Price
$162,000
Premium/Discount to List
-$47,900
-22.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.78%
Purchase Details
Closed on
Sep 27, 2013
Sold by
Willis Vanessa and Fnma
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 30, 2006
Sold by
Samos Charles and Samos Maureen
Bought by
Willis Vanessa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Julie M | $355,000 | None Available | |
| Janice R Martin T R | -- | None Available | |
| Martin Janice R | $227,000 | None Available | |
| Reynolds Dolores H | $162,000 | -- | |
| Federal National Mortgage Association | $161,826 | -- | |
| Willis Vanessa | $194,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Julie M | $124,250 | |
| Previous Owner | Martin Janice R | $181,600 | |
| Previous Owner | Willis Vanessa | $155,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $355,000 | +1.7% | $355 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $349,000 | +53.7% | $349 / Sq Ft |
| 02/21/2020 02/21/20 | Sold | $227,000 | -15.9% | $227 / Sq Ft |
| 01/22/2020 01/22/20 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $269,900 | +66.6% | $270 / Sq Ft |
| 12/14/2018 12/14/18 | Sold | $162,000 | -22.8% | $218 / Sq Ft |
| 11/14/2018 11/14/18 | Pending | -- | -- | -- |
| 08/10/2018 08/10/18 | For Sale | $209,900 | +109.9% | $283 / Sq Ft |
| 05/31/2014 05/31/14 | Sold | $100,000 | -28.6% | $100 / Sq Ft |
| 05/01/2014 05/01/14 | Pending | -- | -- | -- |
| 04/11/2014 04/11/14 | For Sale | $140,000 | -- | $140 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,890 | $266,500 | $0 | $266,500 |
| 2023 | $4,890 | $266,500 | $0 | $266,500 |
| 2022 | $4,744 | $266,500 | $0 | $266,500 |
| 2021 | $4,379 | $178,300 | $0 | $178,300 |
| 2020 | $3,878 | $157,900 | $0 | $157,900 |
| 2019 | $3,878 | $157,900 | $0 | $157,900 |
| 2018 | $5,072 | $158,700 | $0 | $158,700 |
| 2017 | $5,072 | $158,700 | $0 | $158,700 |
| 2016 | $5,072 | $158,700 | $0 | $158,700 |
| 2015 | $4,972 | $150,200 | $0 | $150,200 |
| 2014 | $5,069 | $150,200 | $0 | $150,200 |
| 2013 | $5,069 | $150,200 | $0 | $150,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Dotson
Seller's Agent in 2023
Rachael Dotson
Residential Properties Ltd.
(401) 484-7015
6 in this area
265 Total Sales
-
Carl Henschel
C
Buyer's Agent in 2023
Carl Henschel
Mott & Chace Sotheby's Intl.
(401) 241-7999
4 in this area
62 Total Sales
-
Mary O'Brien
M
Seller's Agent in 2020
Mary O'Brien
Residential Properties Ltd.
(401) 419-8296
26 Total Sales
-
Pam Soule
Buyer's Agent in 2020
Pam Soule
Coldwell Banker Realty
(401) 741-1154
124 Total Sales
-
Melissa Riley
Seller's Agent in 2018
Melissa Riley
Westcott Properties
(401) 721-4000
139 Total Sales
-
Joy Riley
Seller's Agent in 2014
Joy Riley
Westcott Properties
(401) 952-7887
2 in this area
338 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1345345
APN: PROV-910204-000000-000001
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