NOT LISTED FOR SALE

402 Potters Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $504,000 - $662,000

7 Beds
3 Baths
4,600 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $306,000 $67 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,188/month

89 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-minute walk to Jennifer Rivera Memorial Park

About This Home

As of May 2021

Three family with spacious units. Good sized beds. Second floor has just been fully renovated and will be a great income producer or good owner occupied option and rent the other units out! Off street parking. Convenient location. Great
rental income producer! Good owner occupied option as well. Schedule a tour today.

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 01/21/2021

Century 21 Limitless

Last Buyer's Agent

Lora Fernandez

The Fern Realty Group License #REB.0019265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1910

Lot Details

  • 3,038 Sq Ft Lot

Home Design

  • 4,600 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 Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $2,500

Listing and Financial Details

  • Tax Lot 455
  • Assessor Parcel Number 402POTTERSAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,723

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0697
  • Above Grade Finished Sq Ft: 4600.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3038.0
  • Parcel #: 402POTTERSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

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

Tax Info

  • Tax Annual Amount: 4723.0
  • Tax Lot: 455
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
May 21, 2021
Sold by
Ri Property Wire Llc
Bought by
Devasquez Veridania U
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Lora Fernandez
The Fern Realty Group
List Price
$309,900
Sold Price
$306,000
Premium/Discount to List
-$3,900
-1.26%
Current Estimated Value
$551,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,965
Avg. Annual Appreciation
13.94%
Original Mortgage
$300,457
Outstanding Balance
$271,128
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$280,837

Purchase Details

Closed on
Jun 1, 2017
Sold by
Ferdinandi Steven J and Providence City Of
Bought by
Southside Investments

Purchase Details

Closed on
Jun 14, 2016
Sold by
Angell Realty Rigp and Providence Town Of
Bought by
Southside Investments

Purchase Details

Closed on
Dec 15, 2010
Sold by
Visio Capital Reo Lp
Bought by
Southside Investments

Purchase Details

Closed on
Apr 12, 2010
Sold by
G8 Capital Fund 5 Llc
Bought by
Vision Capital Reo Lp

Purchase Details

Closed on
Sep 23, 2009
Sold by
Deutsche Bk
Bought by
68 Capital Fund 5 Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Vinas Bienvinida and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Feb 16, 2006
Sold by
Delgado Martha R
Bought by
Vinas Vicente and Vinas Bienvenida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,400
Interest Rate
6.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Devasquez Veridania U $306,000 None Available
Southside Investments $5,185 --
Southside Investments $7,941 --
Southside Investments $19,500 --
Vision Capital Reo Lp $9,000 --
68 Capital Fund 5 Llc -- --
Deutsche Bank Natl T C $224,208 --
Vinas Vicente $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devasquez Veridania U $300,457
Previous Owner Vinas Vicente $248,400
Previous Owner Vinas Vicente $27,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $306,000 -1.3% $67 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $309,900 -- $67 / 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 $3,519 $466,100 $118,600 $347,500
2024 $5,430 $295,900 $51,400 $244,500
2023 $5,430 $295,900 $51,400 $244,500
2022 $5,267 $295,900 $51,400 $244,500
2021 $4,723 $192,300 $36,100 $156,200
2020 $4,723 $192,300 $36,100 $156,200
2019 $4,723 $192,300 $36,100 $156,200
2018 $3,918 $122,600 $24,600 $98,000
2017 $3,918 $122,600 $24,600 $98,000
2016 $3,918 $122,600 $24,600 $98,000
2015 $3,661 $110,600 $30,100 $80,500
2014 $3,733 $110,600 $30,100 $80,500
2013 $3,733 $110,600 $30,100 $80,500
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2021

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    8 in this area

    1,841 Total Sales

    Kyle Seyboth
    Section Image
  • Lora Fernandez

    Buyer's Agent in 2021

    Lora Fernandez

    The Fern Realty Group

    (401) 261-1790

    3 in this area

    55 Total Sales

    Lora Fernandez
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1273919

State-Wide MLS

APN: PROV-490455-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

402 Potters Ave, Providence, RI

Not Listed for Sale

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