NOT LISTED FOR SALE

405 Benefit St Providence, RI 02903

Fox Point Neighborhood

Estimated Value: $795,000 - $1,004,000

5 Beds
3 Baths
1,947 Sq Ft
$461/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $800,000 $411 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,405 / mo

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Baseboard Heating
  • Classical High School Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Brassil Park

About This Home

As of August 2024

Historic two-family on Benefit St with luxury finishes. 2 Bed/1Bath on the 1st Floor and 3 Bed/2Bath townhouse on the 2nd and 3rd floors. Taxes do not reflect owner occupant rate. Large yard, off-street parking, laundry on site.

Last Agent to Sell the Property

Spencer Kelleher

William Raveis Inspire License #RES.0048238 Listed on: 07/06/2024

William Raveis Inspire

Last Buyer's Agent

Spencer Kelleher

William Raveis Inspire License #RES.0048238 Listed on: 07/06/2024

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,757

Year Built

  • Built in 1785

Lot Details

  • 2,638 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,947 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hydro-Air Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $18,057

Listing and Financial Details

  • Tax Lot 409
  • Assessor Parcel Number 405BENEFITSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,757

Year Built

Built in 1785

Lot Details

2,638 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0606
  • Above Grade Finished Sq Ft: 1947.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1785
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hydro Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2638.0
  • Parcel #: 405BENEFITSTPROV
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 18056.84

Tax Info

  • Tax Annual Amount: 11756.84
  • Tax Lot: 409
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 30, 2024
Sold by
Bought by
Seller's Agent
Spencer Kelleher
William Raveis Inspire
Buyer's Agent
Spencer Kelleher
William Raveis Inspire
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
40
Current Estimated Value
$897,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,829
Avg. Annual Appreciation
6.40%
Original Mortgage
$350,000
Interest Rate
0.0677%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 18, 2020
Sold by
Bought by
Seller's Agent
Paula Morrison
Residential Properties Ltd.
Buyer's Agent
Scott Champagne
Compass
List Price
$699,500
Sold Price
$665,000
Premium/Discount to List
-$34,500
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$498,750
Interest Rate
0.029%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Stephanie Basile
SERHANT.
Buyer's Agent
Paula Morrison
Residential Properties Ltd.
List Price
$625,000
Sold Price
$621,950
Premium/Discount to List
-$3,050
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$312,500
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
0.04%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 None Available
$665,000 None Available
$621,950 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,000
Previous Owner $498,750
Previous Owner $312,500
Closed $80,000
Previous Owner $225,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $800,000 +0.1% $411 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $799,000 +20.2% $410 / Sq Ft
08/27/2020 08/27/20 Sold $665,000 -4.9% $199 / Sq Ft View Prior Sale
07/28/2020 07/28/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $699,500 +12.5% $210 / Sq Ft
06/20/2019 06/20/19 Sold $621,950 -0.5% $187 / Sq Ft View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $625,000 -- $187 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,322 $837,300 $530,800 $306,500
2024 $11,757 $640,700 $373,500 $267,200
2023 $11,757 $640,700 $373,500 $267,200
2022 $11,404 $640,700 $373,500 $267,200
2021 $13,213 $538,000 $263,400 $274,600
2020 $13,213 $538,000 $263,400 $274,600
2019 $13,213 $538,000 $263,400 $274,600
2018 $12,653 $395,900 $250,400 $145,500
2017 $12,653 $395,900 $250,400 $145,500
2016 $12,653 $395,900 $250,400 $145,500
2015 $13,482 $407,300 $261,300 $146,000
2014 $12,609 $373,600 $261,300 $112,300
2013 $12,609 $373,600 $261,300 $112,300
Source: Public Records

Agents Affiliated with this Home

  • Spencer Kelleher

    Seller's Agent in 2024

    Spencer Kelleher

    William Raveis Inspire

    (508) 493-7093

    4 in this area

    21 Total Sales

    Spencer Kelleher
    Section Image

  • P

    Seller's Agent in 2020

    Paula Morrison

    Residential Properties Ltd.

    (401) 447-7840

    6 in this area

    49 Total Sales

    Paula Morrison
    Section Image
  • Scott Champagne

    Buyer's Agent in 2020

    Scott Champagne

    Compass

    (401) 447-8210

    4 in this area

    77 Total Sales

    Scott Champagne
    Section Image
  • Stephanie Basile

    Seller's Agent in 2019

    Stephanie Basile

    SERHANT.

    (401) 465-3975

    2 in this area

    209 Total Sales

    Stephanie Basile
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1363134

State-Wide MLS

APN: PROV-160409-000000-000000

Rhode Island Providence County Providence 02903 Fox Point

405 Benefit St, Providence, RI

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