40 7th St Unit 2 Providence, RI 02906
Hope Neighborhood
3
Beds
2
Baths
1,640
Sq Ft
$275/mo
HOA Fee
Highlights
- Cathedral Ceiling
- Corner Lot
- Skylights
- Wood Flooring
- Recreation Facilities
- 3-minute walk to Summit Ave Playground (Kerry Kohring Park)
About This Home
As of November 2023Beautiful townhouse on the East Side of Providence. You'll feel like you are living in a single family house with 1640 square feet of living space! The spacious living room and open floor plan lead to a lovely renovated kitchen with granite counter tops, stainless steel appliances and gas stove. There is a separate dining room, updated full bath and bedroom all on the 1st level of this 2nd floor townhouse. The upper level has a huge Master Bedroom Suite with another bedroom or office as well as another full bath. You'll enjoy gas heat in the winter and central air in the summer. The cute yard and patio also allow for outdoor entertaining. Two assigned parking spaces included. Currently being rented for 2400/month so a great investment property as well! Steps from Miriam Hospital and Lippett Park. Minutes from the hip restaurants and shops of Hope Village and Downtown Providence.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0027706 Listed on: 03/04/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,274
Year Built
- Built in 1900
HOA Fees
- $275 Monthly HOA Fees
Home Design
- Brick Foundation
- Stone Foundation
- Shingle Siding
- Vinyl Siding
Interior Spaces
- 1,640 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Skylights
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Unassigned Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Patio
- Property near a hospital
Listing and Financial Details
- Tax Lot 204
- Assessor Parcel Number 40SEVENTHST2PROV
Community Details
Overview
- 2 Units
- East Side Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2023
Closed on
Nov 2, 2023
Sold by
Mones Matthew and Phelan Lea
Bought by
Ocel Samuel C and Ocel Shannon D
Seller's Agent
Christina Maciel
Revolv Real Estate
Buyer's Agent
Joshua Cullion
Mott & Chace Sotheby's Intl.
List Price
$395,000
Sold Price
$436,000
Premium/Discount to List
$41,000
10.38%
Views
57
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
$31,932
Avg. Annual Appreciation
3.51%
Original Mortgage
$392,400
Outstanding Balance
$386,186
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$76,616
Purchase Details
Closed on
Mar 4, 2020
Sold by
Brainsky Tonya R
Bought by
Brainsky Eric S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2008
Sold by
Samos Charles and Samos Maureen
Bought by
Brainsky Eric S and Brainsky Tonya R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $436,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $256,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,400 | Purchase Money Mortgage | |
| Previous Owner | $256,500 | New Conventional | |
| Previous Owner | $190,000 | New Conventional | |
| Previous Owner | $246,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $436,000 | +10.4% | $266 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | For Sale | $395,000 | +38.6% | $241 / Sq Ft |
| 05/15/2020 05/15/20 | Sold | $285,000 | -3.4% | $174 / Sq Ft |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- |
| 03/04/2020 03/04/20 | For Sale | $294,900 | -- | $180 / 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 | $7,136 | $388,900 | $0 | $388,900 |
| 2023 | $7,136 | $388,900 | $0 | $388,900 |
| 2022 | $6,922 | $388,900 | $0 | $388,900 |
| 2021 | $5,455 | $222,100 | $0 | $222,100 |
| 2020 | $5,455 | $222,100 | $0 | $222,100 |
| 2019 | $5,455 | $222,100 | $0 | $222,100 |
| 2018 | $7,140 | $223,400 | $0 | $223,400 |
| 2017 | $7,140 | $223,400 | $0 | $223,400 |
| 2016 | $7,140 | $223,400 | $0 | $223,400 |
| 2015 | $7,004 | $211,600 | $0 | $211,600 |
| 2014 | $7,142 | $211,600 | $0 | $211,600 |
| 2013 | $7,142 | $211,600 | $0 | $211,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Christina Maciel
Revolv Real Estate
(401) 430-5251
1 in this area
50 Total Sales
-
Buyer's Agent in 2023
Joshua Cullion
Mott & Chace Sotheby's Intl.
(401) 862-8381
7 in this area
271 Total Sales
-
M
Seller's Agent in 2020
Mary O'Brien
Residential Properties Ltd.
(401) 419-8296
24 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1248735
APN: PROV-910204-000000-000002
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