NOT LISTED FOR SALE

40 Hobson Ave Unit 42 East Providence, RI 02914

Carpenters Corner Neighborhood

Estimated Value: $463,000 - $599,000

6 Beds
2 Baths
3,649 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $299,900 $82 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,440/month

24 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry Room
  • Tennis Courts
  • Bathtub with Shower
  • Storage Room

About This Home

As of October 2018

THIS SPACIOUS TWO FAMILY HOME LOCATED IN A QUIET RESIDENTIAL AREA OF EAST PROVIDENCE OFFERS 3 BEDROOMS IN EACH UNIT. GREAT YARD WITH TWO SEPARATE AREAS: REAR AND SIDE WITH PLENTY OF OFF STREET PARKING. NEW GAS HEATING SYSTEM INSTALLED IN 2018 IN BOTH UNITS. HOT WATER HEATERS ONLY 4 YEARS OLD. 1OO AMP CIRCUIT BREAKERS. ROOF IS 3 YEARS OLD AND VINYL SIDING MAKES THIS HOME LOW MAINTENANCE AND A PERFECT OWNER OCCUPIED OR INVESTMENT PROPERTY.

Last Agent to Sell the Property

Rosamaria Pereira

Lamacchia Realty, Inc License #RES.0022598 Listed on: 08/07/2018

Lamacchia Realty, Inc

Last Buyer's Agent

Barbara Taylor

Coldwell Banker Realty License #RES.0033927

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1919

Lot Details

  • 8,640 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,649 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 025 / 09
  • Assessor Parcel Number 4042HOBSONAVEPRO

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Additional Features

  • 4 Units
  • Operating Expense $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Above Grade Finished Sq Ft: 3649.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1919
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8640.0
  • Parcel #: 4042HOBSONAVEPRO
  • Zoning: R4
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 4548.0
  • Tax Block: 09
  • Tax Lot: 025
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 2, 2018
Sold by
Sales Virgil and Sales Margarida R
Bought by
Rosa Chantell
Seller's Agent
Rosamaria Pereira
Lamacchia Realty, Inc
Buyer's Agent
Barbara Taylor
Coldwell Banker Realty
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$539,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,308
Avg. Annual Appreciation
8.44%
Original Mortgage
$294,467
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1990
Sold by
Grady David C
Bought by
Robideau Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,892
Interest Rate
10.22%
Source: Public Records

Range of Values:

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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
Rosa Chantell $299,900 --
Rosa Chantell $299,900 --
Robideau Steven J $124,000 --
Robideau Steven J $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosa Chantell $67,000
Open Rosa Chantell $293,695
Closed Rosa Chantell $293,205
Closed Rosa Chantell $294,467
Previous Owner Robideau Steven J $114,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $299,900 0.0% $82 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $299,900 -- $82 / 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 $6,026 $393,100 $101,200 $291,900
2023 $5,802 $393,100 $101,200 $291,900
2022 $5,229 $239,200 $49,200 $190,000
2021 $5,143 $239,200 $46,400 $192,800
2020 $4,925 $239,200 $46,400 $192,800
2019 $4,789 $239,200 $46,400 $192,800
2018 $4,549 $198,800 $47,000 $151,800
2017 $4,447 $198,800 $47,000 $151,800
2016 $4,347 $195,300 $47,000 $148,300
2015 $4,223 $184,000 $43,500 $140,500
2014 $4,223 $184,000 $43,500 $140,500
Source: Public Records

Agents Affiliated with this Home

  • Rosamaria Pereira

    Seller's Agent in 2018

    Rosamaria Pereira

    Lamacchia Realty, Inc

    (401) 258-0769

    53 Total Sales

    Rosamaria Pereira
    Section Image

  • B

    Buyer's Agent in 2018

    Barbara Taylor

    Coldwell Banker Realty

    (401) 529-4499

    3 in this area

    59 Total Sales

    Barbara Taylor
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1200467

State-Wide MLS

APN: EPRO-000305-000009-000025

Rhode Island Providence County East Providence 02914 Carpenters Corner

40 Hobson Ave Unit 42, East Providence, RI

This home is located at 40 Hobson Ave Unit 42, East Providence, RI 02914 since 07 August 2018 and is currently estimated at $539,208, approximately $147 per square foot. This property was built in 1919. 40 Hobson Ave Unit 42 is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and St Margaret School.

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