NOT LISTED FOR SALE

40 Wesleyan Ave Providence, RI 02907

Upper South Providence Neighborhood

Estimated Value: $639,000 - $754,000

8 Beds
3 Baths
4,164 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $100,000 $24 Per Sq Ft

Est. 585% increase in value since last sale

Current estimated payment $4,363/month

31 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • Storm Windows
  • Shops
  • 4-minute walk to Mattie Smith Tot Lot

About This Home

As of January 2015

THREE FAMILY- FIRST FLOOR FEATURES 3 EXTRA ROOMS THAT CAN BE COMBINED WITH SECOND FLOOR TO MAKE TOWNHOUSE. MANY POSSIBILITIES, TLC OR PERFECT 203k. INVESTORS TAKE NOTICE.

Last Agent to Sell the Property

Robin Pastore

CENTURY 21 Gonsalves - Pastore License #RES.0024397 Listed on: 11/11/2014

CENTURY 21 Gonsalves - Pastore

Last Buyer's Agent

Robin Pastore

CENTURY 21 Gonsalves - Pastore License #RES.0024397 Listed on: 11/11/2014

CENTURY 21 Gonsalves - Pastore

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1881

Lot Details

  • 6,276

Home Design

  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 4,164 Sq Ft Home
  • 2-Story Property
  • Storm Windows

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 6,276 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 318
  • Assessor Parcel Number 4042WESLEYANAVPROV

Community Details

Overview

  • 3 Units
  • South Side Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1441
  • Subdivision Name: SOUTH SIDE
  • Above Grade Finished Sq Ft: 4164.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1881
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Wood
  • Living Area: 4164.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6276.0
  • Parcel #: 4042WESLEYANAVPROV

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 4315.0
  • Tax Lot: 318
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jan 12, 2015
Sold by
Urban League Of Ri Inc
Bought by
Jing Jin
Seller's Agent
Robin Pastore
CENTURY 21 Gonsalves - Pastore
Buyer's Agent
Robin Pastore
CENTURY 21 Gonsalves - Pastore
List Price
$99,000
Sold Price
$100,000
Premium/Discount to List
$1,000
1.01%
Current Estimated Value
$685,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,333
Avg. Annual Appreciation
19.07%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Urban League Of Ri and Providence Town Of
Bought by
Urban League Of Ri

Purchase Details

Closed on
Sep 18, 1998
Sold by
Dauphinee Douglas T
Bought by
Urban League Of R I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,967
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Jing Jin $100,000 --
Urban League Of Ri $10,441 --
Urban League Of R I $70,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urban League Of R I $68,967
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $100,000 +1.0% $24 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $99,000 -- $24 / 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 $9,779 $698,500 $102,800 $595,700
2024 $8,285 $451,500 $57,600 $393,900
2023 $8,285 $451,500 $57,600 $393,900
2022 $8,037 $451,500 $57,600 $393,900
2021 $6,282 $255,800 $26,600 $229,200
2020 $6,282 $255,800 $26,600 $229,200
2019 $6,282 $255,800 $26,600 $229,200
2018 $5,094 $159,400 $24,200 $135,200
2017 $5,094 $159,400 $24,200 $135,200
2016 $5,094 $159,400 $24,200 $135,200
2015 $4,296 $129,800 $24,200 $105,600
2014 $4,381 $129,800 $24,200 $105,600
2013 $4,381 $129,800 $24,200 $105,600
Source: Public Records

Agents Affiliated with this Home

  • Robin Pastore

    Seller's Agent in 2015

    Robin Pastore

    CENTURY 21 Gonsalves - Pastore

    (401) 578-6716

    85 Total Sales

    Robin Pastore
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Map

Source: State-Wide MLS

MLS Number: 1083284

State-Wide MLS

APN: PROV-450318-000000-000000

Rhode Island Providence County Providence 02907 Upper South Providence

40 Wesleyan Ave, Providence, RI

Not Listed for Sale

MultiFamily

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