$115,000
SOLD JUN 27, 2013

401 Academy Ave Unit 403 Providence, RI 02908

Elmhurst Neighborhood
4 Beds
2 Baths
2,726 Sq Ft
4,791 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

15% Below List Price

273 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Screened Patio
  • 2 Car Detached Garage
  • Storm Windows
  • Storage Room

About This Home

As of August 2016

2 family with finished 3rd floor. Double parlors and 2 beds on 1st and 2nd. Good condition and ready for rentals and profit or live rent free. Short sale-subject to bank approval.

Last Agent to Sell the Property

Paul Zarrella

Williams & Stuart Real Estate License #REB.0015470 Listed on: 08/27/2012

Last Buyer's Agent

Brian McGloin

Williams & Stuart Real Estate License #REB.0018702

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Additional Features

  • 4,791 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 401ACADEMYAVPROV

Community Details

Overview

  • 2 Units
  • Elmhurst Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: ELMHURST
  • Above Grade Finished Sq Ft: 2726.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Living Area: 2726.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Individual, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • 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: 4791.0
  • Parcel #: 401ACADEMYAVPROV
  • Zoning: r2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5568.0
  • Tax Lot: 53
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Jun 27, 2013
Sold by
Roy Dylan P
Bought by
Needham Christopher A
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Brian McGloin
Williams & Stuart Real Estate
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Current Estimated Value
$518,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,483
Avg. Annual Appreciation
13.73%
Original Mortgage
$158,514
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2001
Sold by
Ouellet Mark C
Bought by
Russo Joseph A
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 Type Sale Price Title Company
Warranty Deed $115,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 No Value Available
Closed $158,514 New Conventional
Previous Owner $100,000 No Value Available
Previous Owner $160,000 No Value Available
Previous Owner $139,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2016 08/02/16 Sold $205,000 -14.5% $82 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $239,900 +108.6% $96 / Sq Ft
06/27/2013 06/27/13 Sold $115,000 -14.8% $42 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
08/27/2012 08/27/12 For Sale $135,000 -- $50 / 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 $6,714 $365,900 $105,300 $260,600
2023 $6,714 $365,900 $105,300 $260,600
2022 $6,513 $365,900 $105,300 $260,600
2021 $6,145 $250,200 $83,700 $166,500
2020 $6,145 $250,200 $83,700 $166,500
2019 $6,145 $250,200 $83,700 $166,500
2018 $5,746 $179,800 $67,300 $112,500
2017 $5,746 $179,800 $67,300 $112,500
2016 $5,746 $179,800 $67,300 $112,500
2015 $4,882 $147,500 $67,300 $80,200
2014 $4,978 $147,500 $67,300 $80,200
2013 $4,978 $147,500 $67,300 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1024543

State-Wide MLS

APN: PROV-001160-000053-000000