40 Covell St Providence, RI 02909
Olneyville NeighborhoodEstimated Value: $483,000 - $585,000
7
Beds
3
Baths
3,712
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Central Heating
About This Home
As of February 2020Excellent renovated 3 family available now near Atwells Ave. Perfect as either an investment property or an owner-occupied. Brand new heating and electrical will keep costs down for years. Your tenants will enjoy the walkable neighborhood and landscaped backyard. You will love the income potential. This spacious building contains 2 two bedroom units and a 3 bedroom unit with large kitchens. Easy highway access to Rt. 6 and 95 will draw interest from tenants who are looking to leave high priced Massachusetts cities. Tenants will love being a 5-minute walk to restaurants, grocery stores, laundromat, Elementary School, and shopping. Do not allow this opportunity to slip away.
Last Agent to Sell the Property
Century 21 The Seyboth Team License #RES.0042400 Listed on: 12/26/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,320
Year Built
- Built in 1930
Lot Details
- 1,896 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- 3,712 Sq Ft Home
- Vinyl Siding
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Central Heating
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 152
- Assessor Parcel Number 40COVELLSTPROV
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2019
Closed on
Feb 3, 2020
Sold by
Limone Properties Llc
Bought by
Whesu Ayodeji
Seller's Agent
Ramon Betances
Century 21 The Seyboth Team
Buyer's Agent
Meg Mut
HERE Realty
List Price
$249,900
Sold Price
$255,900
Premium/Discount to List
$6,000
2.4%
Total Days on Market
12
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
$263,767
Avg. Annual Appreciation
14.16%
Original Mortgage
$255,900
Outstanding Balance
$229,537
Interest Rate
3.74%
Mortgage Type
VA
Estimated Equity
$290,130
Purchase Details
Listed on
Jun 21, 2017
Closed on
Oct 2, 2017
Sold by
Manfredi Thomas J and Manfredi Frank A
Bought by
Limone Properties Llc
Seller's Agent
Kyle Seyboth
Century 21 The Seyboth Team
Buyer's Agent
Ramon Betances
Century 21 The Seyboth Team
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.21%
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 |
|---|---|---|---|
| Whesu Ayodeji | $255,900 | None Available | |
| Limone Properties Llc | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Whesu Ayodeji | $19,216 | |
| Open | Whesu Ayodeji | $255,900 | |
| Previous Owner | Manfredi Frank A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $255,900 | +2.4% | $69 / Sq Ft |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 12/26/2019 12/26/19 | For Sale | $249,900 | +72.3% | $67 / Sq Ft |
| 09/28/2017 09/28/17 | Sold | $145,000 | -12.1% | $61 / Sq Ft |
| 08/29/2017 08/29/17 | Pending | -- | -- | -- |
| 06/21/2017 06/21/17 | For Sale | $164,900 | -- | $69 / 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 | $5,485 | $298,900 | $70,100 | $228,800 |
| 2023 | $5,485 | $298,900 | $70,100 | $228,800 |
| 2022 | $5,320 | $298,900 | $70,100 | $228,800 |
| 2021 | $4,492 | $182,900 | $32,600 | $150,300 |
| 2020 | $4,492 | $182,900 | $32,600 | $150,300 |
| 2019 | $4,320 | $175,900 | $32,600 | $143,300 |
| 2018 | $3,774 | $118,100 | $27,000 | $91,100 |
| 2017 | $3,774 | $118,100 | $27,000 | $91,100 |
| 2016 | $3,774 | $118,100 | $27,000 | $91,100 |
| 2015 | $3,439 | $103,900 | $32,300 | $71,600 |
| 2014 | $3,507 | $103,900 | $32,300 | $71,600 |
| 2013 | $3,507 | $103,900 | $32,300 | $71,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ramon Betances
R
Seller's Agent in 2020
Ramon Betances
Century 21 The Seyboth Team
(401) 824-9864
1 in this area
33 Total Sales
-
Meg Mut
Buyer's Agent in 2020
Meg Mut
HERE Realty
(609) 598-2232
52 Total Sales
-
Kyle Seyboth
Seller's Agent in 2017
Kyle Seyboth
Century 21 The Seyboth Team
(508) 726-3492
21 in this area
1,902 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1243661
APN: PROV-630152-000000-000000
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