NOT LISTED FOR SALE

Estimated Value: $450,536 - $609,000

7 Beds
3 Baths
3,186 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $450,000 $141 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,355/month

6 Days on Market

About This Home

As of April 2023

This investor's dream is ready to be yours! Don't miss out on this amazing two-family home that offers a total of 7 bedrooms, 2 full bathrooms and plenty of space for your tenants. Built in 2007! Enjoy the convenience of off-street parking that accommodates up to 4 vehicles, as well as a shared washer/dryer in the basement. This home is already at market rent with both units currently on month-to-month rental agreements, so you can start collecting income from day one! With its well maintained construction and prime location, you'll have no problem finding great tenants who will love living here for years to come. Don't wait - this incredible investment opportunity won't last long!

Last Agent to Sell the Property

Nicholas Balzano

Zanno Realty Group License #REB.0019668 Listed on: 03/07/2023

Last Buyer's Agent

Bolano Team

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,082

Year Built

  • Built in 2007

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,186 Sq Ft Home
  • Laminate Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 41FREDERICKSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,082

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Above Grade Finished Sq Ft: 3186.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 2007
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 41FREDERICKSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6082.0
  • Tax Lot: 82
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 12, 2023
Sold by
Canales John
Bought by
Noriega Arlin
Seller's Agent
Nicholas Balzano
Zanno Realty Group
Buyer's Agent
Bolano Team
eXp Realty
List Price
$389,000
Sold Price
$450,000
Premium/Discount to List
$61,000
15.68%
Views
112
Current Estimated Value
$508,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,384
Avg. Annual Appreciation
9.33%
Original Mortgage
$425,823
Outstanding Balance
$416,254
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$130,804

Purchase Details

Closed on
Jul 26, 2007
Sold by
Marandola Louis and Picozzi Joseph
Bought by
Canales John
Source: Public Records

Similar Homes in Providence, RI

  • 87 Oakland Ave, Providence, RI 02908

    $599,999

    • 6 Beds
    • 3 Baths
    • 3,350 Sq Ft
    • 87 Oakland Ave
    • Providence, RI

    Look at this amazing opportunity to own a turn-key college rental property a stone's throw from Providence College. All three floors have been meticulously remodeled with an attention to quality and detail. First floor features two bedrooms and one bathroom. The second floor is a townhouse with four bedrooms and two baths. Spacious dine-in kitchens feature NEW recessed lighting, retro tin

    Frank Schiavone Greystone Realty

    Section Image
  • 152 Bath St, Providence, RI 02908

    $475,000

    • 6 Beds
    • 3 Baths
    • 2,292 Sq Ft
    • 152 Bath St
    • Providence, RI

    An exceptional investment or owner-occupied opportunity awaits in the heart of Providence! Situated in a prime location just minutes from Downtown, this three-family property presents incredible value. Each of the three units features two spacious bedrooms, and the property offers the significant benefit of parking for up to 8 vehicles.

    Theary Alves Home Island Realty, LLC

    Section Image
  • 83 Pekin St, Providence, RI 02908

    $550,000

    • 6 Beds
    • 3 Baths
    • 3,009 Sq Ft
    • 83 Pekin St
    • Providence, RI

    **NEW ROOF** Fully Rented 3-Unit in Smith Hill. Each unit features 2 spacious bedrooms, 1 bath, hardwood floors. First and second units have double parlors, large living rooms and dining rooms, with 1,094 sq feet. Enjoy the patio in back for entertaining.Full basement for storage/finishing potential. All tenants are month-to-month. Prime location, 5 minutes to downtown Providence, easy access to

    sarah stelluto RE/MAX Properties

    Section Image
  • 138 Admiral St, Providence, RI 02908

    $480,000

    • 6 Beds
    • 4 Baths
    • 2,926 Sq Ft
    • 138 Admiral St
    • Providence, RI

    Beautiful and spacious two-family home with 3 bedrooms on each floor, kitchen with dining area, living room and hardwood floors. Extra finished areas in the attic and basement. Conveniently located near highway access, PC, shops and only a few minutes to downtown Providence. Property being sold in as is condition and will not qualify for FHA due to exterior peeling paint.

    Nelson Esteves RE/MAX Professionals

    Section Image
  • 123 Donelson St, Providence, RI 02908

    $565,000

    • 7 Beds
    • 3 Baths
    • 3,183 Sq Ft
    • 123 Donelson St
    • Providence, RI

    Well maintained legal three family home, perfect for investors and owner occupants. Long term tenants have kept rents drastically below market value. Tenants rent month to month. Taxes do not reflect homestead exemption. Maintenance free vinyl sided exterior and replacement windows throughout. This home offers two units with two bedrooms and one unit with three bedrooms. Basement storage. Fire

    Stephen Forleo Network Realty

    Section Image
  • 139 Dante St, Providence, RI 02908

    $569,900

    • 6 Beds
    • 2 Baths
    • 2,878 Sq Ft
    • 139 Dante St
    • Providence, RI

    Beautifully Renovated 2-Family Home Near Providence College! This fully updated multi-family property offers a fantastic investment or owner-occupant opportunity. Each unit features 3 spacious bedrooms, 1 modern bathroom, and an open-concept layout that is perfect for comfortable living with a detached 2 car garage. Conveniently located in a vibrant area near Providence College, shopping,

    Annmarie Debrito Real Broker, LLC

    Section Image
  • 55 Alton St, Providence, RI 02908

    $620,000

    • 6 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • 55 Alton St
    • Providence, RI

    Welcome to this well-maintained 3-family property featuring generously sized 2-bedroom units, each with a classic double parlor layout, offering flexible living or office space. Ideal for owner-occupants or investors, this property combines comfort and income potential. Enjoy the rare bonus of parking for up to 8 cars, making it perfect for multi-tenant living or extended families. Conveniently

    Virgen Nieves Keller Williams Coastal

    Section Image
  • 30 Fallon Ave, Providence, RI 02908

    $625,000

    • 7 Beds
    • 3 Baths
    • 2,748 Sq Ft
    • 30 Fallon Ave
    • Providence, RI

    Charming and Remodeled 3-Family Home in Providence, RI. Offering an ideal blend of classic charm and modern upgrades, this property is perfect for investors or owner-occupants looking for a multi-unit home with great rental potential. First and Second Floors: Each unit features 2 spacious bedrooms, an updated kitchen, and a bright, open living area. Both units have been thoughtfully remodeled

    Scott Bascom eXp Realty

    Section Image
  • 26 Ames St, Providence, RI 02909

    $575,000

    • 5 Beds
    • 3 Baths
    • 2,453 Sq Ft
    • 26 Ames St
    • Providence, RI

    Horvath & Tremblay is pleased to present the exclusive sale of the multi-family investment property located at 26 Ames Street in Providence, Rhode Island (the Property ). The Property consists of a three-story multi family building and contains three (3) residential units comprised of two (2), 2-Bedroom/1-Bathroom units and one (1), 1-Bedroom/1-Bathroom unit with 1,717 square feet of living area

    Sean McHale Horvath & Tremblay

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Noriega Arlin $450,000 None Available
Canales John $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noriega Arlin $425,823
Previous Owner Huffalen Michael $192,150
Previous Owner Huffalen Michael $204,000
Previous Owner Huffalen Michael $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $450,000 +15.7% $141 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $389,000 -- $122 / 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 $6,270 $341,700 $67,300 $274,400
2023 $6,270 $341,700 $67,300 $274,400
2022 $6,082 $341,700 $67,300 $274,400
2021 $5,312 $216,300 $33,200 $183,100
2020 $5,312 $216,300 $33,200 $183,100
2019 $5,312 $216,300 $33,200 $183,100
2018 $4,772 $149,300 $35,600 $113,700
2017 $4,772 $149,300 $35,600 $113,700
2016 $4,749 $148,600 $34,900 $113,700
2015 $4,664 $140,900 $45,600 $95,300
2014 $4,755 $140,900 $45,600 $95,300
2013 $4,755 $140,900 $45,600 $95,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1330976

State-Wide MLS

APN: PROV-820332-000000-000000