NOT LISTED FOR SALE

40 Felix St Providence, RI 02908

Smith Hill Neighborhood

Estimated Value: $356,000 - $636,346

8 Beds
4 Baths
3,949 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $302,000 $76 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,244/month

21 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 5-minute walk to Davis Park

About This Home

As of February 2020

Two buildings in one lot. Total four units. Front building has two 2 bed unit up & down. third floor can be additional to three bed to the second. Back building is two unit 2 bed duplex. Solid rental history fully rented. Great investment

Last Agent to Sell the Property

Qinglu Zhu

Coastline Realty LLC License #REC.0018933 Listed on: 01/07/2020

Last Buyer's Agent

Basty Ortiz

Bani Properties License #REB.0017187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1920

Lot Details

  • 4,138

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,949 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 287
  • Assessor Parcel Number 40FELIXSTPROV

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Above Grade Finished Sq Ft: 3949.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Parcel #: 40FELIXSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 5328.0
  • Tax Lot: 287
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 20, 2020
Sold by
S & R Invt Llc
Bought by
Osei Darryl and Osei John
Seller's Agent
Qinglu Zhu
Coastline Realty LLC
Buyer's Agent
Basty Ortiz
Bani Properties
List Price
$295,000
Sold Price
$302,000
Premium/Discount to List
$7,000
2.37%
Current Estimated Value
$535,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,837
Avg. Annual Appreciation
10.41%
Original Mortgage
$226,500
Outstanding Balance
$200,122
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$335,715

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jul 24, 2018
Sold by
Felix St Llc
Bought by
S & R Invt Llc
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Qinglu Zhu
Coastline Realty LLC
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.66%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Zhou Rongnong and Mao Aiwu
Bought by
Pennino Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2010
Sold by
Solfert Ronald C and Solfert Maria A
Bought by
Zhou Rongnong and Mao Amu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,625
Interest Rate
4.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Remy Andy
Bought by
Gallagher Patti
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Osei Darryl $302,000 None Available
S & R Invt Llc $215,000 --
Pennino Matthew $95,000 --
Zhou Rongnong $103,500 --
Gallagher Patti $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei Darryl $226,500
Previous Owner Gallagher Patti $24,720
Previous Owner Gallagher Patti $98,500
Previous Owner Gallagher Patti $77,625
Previous Owner Gallagher Patti $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $302,000 +2.4% $76 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $295,000 +37.2% $75 / Sq Ft
07/24/2018 07/24/18 Sold $215,000 -10.0% $48 / Sq Ft View Prior Sale
06/24/2018 06/24/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $239,000 -- $53 / 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 $5,097 $675,100 $0 $675,100
2024 $8,228 $448,400 $0 $0
2023 $4,147 $226,000 $68,100 $157,900
2022 $7,982 $448,400 $68,100 $380,300
2021 $6,943 $282,700 $33,800 $248,900
2020 $6,943 $282,700 $33,800 $248,900
2019 $6,943 $282,700 $33,800 $248,900
2018 $5,328 $166,700 $36,300 $130,400
2017 $5,328 $166,700 $36,300 $130,400
2016 $5,328 $166,700 $36,300 $130,400
2015 $5,048 $152,500 $47,400 $105,100
2014 $5,147 $152,500 $47,400 $105,100
2013 $5,147 $152,500 $47,400 $105,100
Source: Public Records

Agents Affiliated with this Home

  • Qinglu Zhu

    Seller's Agent in 2020

    Qinglu Zhu

    Coastline Realty LLC

    (917) 285-4007

    9 in this area

    87 Total Sales

    Qinglu Zhu
    Section Image
  • Basty Ortiz

    Buyer's Agent in 2020

    Basty Ortiz

    Bani Properties

    (401) 663-6314

    1 in this area

    67 Total Sales

    Basty Ortiz
    Section Image
  • Nelson Taylor

    Seller's Agent in 2018

    Nelson Taylor

    Compass

    (401) 214-1524

    27 in this area

    590 Total Sales

    Nelson Taylor
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1244314

State-Wide MLS

APN: PROV-660287-000000-000000

Rhode Island Providence County Providence 02908 Smith Hill

40 Felix St, Providence, RI

Not Listed for Sale

MultiFamily

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