NOT LISTED FOR SALE

412 Potters Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $627,000 - $680,541

9 Beds
3 Baths
3,423 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $540,000 $158 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,149/month

7 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Public Transportation
  • 2 Car Detached Garage
  • Storage Room
  • 1-minute walk to Jennifer Rivera Memorial Park

About This Home

As of May 2023

This beautiful three-family(3) property on 412 Potters AVE (NOT Dr.) offers the perfect investment opportunity. Each unit boasts three (3) bedrooms, a double living space, a large kitchen with beautiful maple wood cabinets, black granite countertops, and a modern bathroom. In addition, the bamboo hardwood floors throughout the units provide an elegant touch.
Parking is a breeze with two carports in the back and plenty of surface parking. In addition, it is conveniently located near public transportation, making it an easy commute to downtown Providence or anywhere in the state.
Take advantage of this excellent opportunity to own a versatile, income-generating property in Elmwood, Providence.

Last Agent to Sell the Property

Anna Hsiao

Coastline Realty LLC License #REB.0019066 Listed on: 03/15/2023

Last Buyer's Agent

Harrison Tejada

eXp Realty License #RES.0047227

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,177

Year Built

  • Built in 1910

Lot Details

  • 3,868 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,423 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 559
  • Assessor Parcel Number 412414POTTERSAVPROV

Community Details

Overview

  • 3 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,177

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0888
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 3423.0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Carport, Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3868.0
  • Parcel #: 412414POTTERSAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6177.0
  • Tax Lot: 559
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 2, 2023
Sold by
Lemeas Realty Hldg Llc
Bought by
Vasquez Luis
Seller's Agent
Anna Hsiao
Coastline Realty LLC
Buyer's Agent
Harrison Tejada
eXp Realty
List Price
$479,900
Sold Price
$540,000
Premium/Discount to List
$60,100
12.52%
Views
68
Current Estimated Value
$662,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,635
Avg. Annual Appreciation
8.32%
Original Mortgage
$526,291
Outstanding Balance
$511,664
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$150,971

Purchase Details

Closed on
Aug 28, 2013
Sold by
Lemeas Realty Hldgs Ll and Westcott Development I
Bought by
Lemeas Realty Hldgs Ll

Purchase Details

Closed on
Oct 30, 2012
Sold by
Meas Siyla
Bought by
Lemeas Rlty Holdings L

Purchase Details

Closed on
Feb 19, 2010
Sold by
Meas Heng
Bought by
Meas Siyla

Purchase Details

Closed on
Sep 10, 2009
Sold by
Williams Andre M
Bought by
Deutsche Bk
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
Vasquez Luis $540,000 None Available
Lemeas Realty Hldgs Ll -- --
Lemeas Rlty Holdings L -- --
Meas Siyla -- --
Meas Heng $28,000 --
Deutsche Bk $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Luis $526,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $540,000 +12.5% $158 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $479,900 -- $140 / 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 $7,920 $565,700 $119,800 $445,900
2024 $6,367 $347,000 $51,900 $295,100
2023 $6,367 $347,000 $51,900 $295,100
2022 $6,177 $347,000 $51,900 $295,100
2021 $5,376 $218,900 $36,500 $182,400
2020 $5,376 $218,900 $36,500 $182,400
2019 $5,376 $218,900 $36,500 $182,400
2018 $4,311 $134,900 $24,900 $110,000
2017 $4,311 $134,900 $24,900 $110,000
2016 $4,311 $134,900 $24,900 $110,000
2015 $3,863 $116,700 $30,400 $86,300
2014 $3,939 $116,700 $30,400 $86,300
2013 $3,939 $116,700 $30,400 $86,300
Source: Public Records

Agents Affiliated with this Home

  • Anna Hsiao

    Seller's Agent in 2023

    Anna Hsiao

    Coastline Realty LLC

    (401) 808-1303

    1 in this area

    62 Total Sales

    Anna Hsiao
    Section Image
  • Harrison Tejada

    Buyer's Agent in 2023

    Harrison Tejada

    eXp Realty

    (857) 333-3210

    1 in this area

    8 Total Sales

    Harrison Tejada
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1331439

State-Wide MLS

APN: PROV-490559-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

412 Potters Ave, Providence, RI

Not Listed for Sale

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