NOT LISTED FOR SALE

45 Ocean St Providence, RI 02905

Lower South Providence Neighborhood

Estimated Value: $445,905 - $595,000

6 Beds
2 Baths
2,815 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $230,000 $82 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,136/month

10 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Thermal Windows
  • Corner Lot
  • 3 Car Detached Garage
  • 3-minute walk to Harriet & Sayles Park

About This Home

As of April 2017

Sold before print for comp purposes only

Last Agent to Sell the Property

Jeffrey Mateus

Mateus Realty License #REB.0018097 Listed on: 04/18/2017

Last Buyer's Agent

Jeffrey Mateus

Mateus Realty License #REB.0018097 Listed on: 04/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1930

Lot Details

  • 4,493 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,815 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • Balcony
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 390
  • Assessor Parcel Number 45OceanSTPROV

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,653

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 2815.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Balcony, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4493.0
  • Parcel #: 45OceanSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2653.0
  • Tax Lot: 390
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Apr 28, 2017
Sold by
Cruz Fransisco
Bought by
Valdez Camilo
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Jeffrey Mateus
Mateus Realty
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$537,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,226
Avg. Annual Appreciation
10.39%
Original Mortgage
$225,834
Outstanding Balance
$188,389
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$348,837

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jun 2, 2016
Sold by
Deutsche Bank Natl T C
Bought by
Cruz Francisco
Seller's Agent
Stephen Sibiga
Ojo Home LLC
Buyer's Agent
Jeffrey Mateus
Mateus Realty
List Price
$68,900
Sold Price
$70,314
Premium/Discount to List
$1,414
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
273.14%
Original Mortgage
$50,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2014
Sold by
Montalvo Teofilo and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Sep 24, 2012
Sold by
Apex Rt and Providence City Of
Bought by
Montalvo Teofilo

Purchase Details

Closed on
Jul 25, 1994
Sold by
Jaiswal Gurvinder Kaur
Bought by
Montalvo Teofilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,529
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Valdez Camilo $230,000 --
Cruz Francisco $70,314 --
Deutsche Bk Natl T Co $45,000 --
Montalvo Teofilo $3,593 --
Montalvo Teofilo $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Camilo $225,834
Previous Owner Cruz Francisco $50,000
Previous Owner Montalvo Teofilo $150,000
Previous Owner Montalvo Teofilo $3,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2017 04/28/17 Sold $230,000 0.0% $82 / Sq Ft
04/18/2017 04/18/17 For Sale $229,900 +227.0% $82 / Sq Ft
06/02/2016 06/02/16 Sold $70,314 +2.1% $25 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $68,900 -- $24 / 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 $3,684 $488,000 $120,700 $367,300
2024 $6,219 $338,900 $76,500 $262,400
2023 $6,219 $338,900 $76,500 $262,400
2022 $6,032 $338,900 $76,500 $262,400
2021 $5,519 $224,700 $34,500 $190,200
2020 $5,519 $224,700 $34,500 $190,200
2019 $5,519 $224,700 $34,500 $190,200
2018 $4,788 $149,800 $31,300 $118,500
2017 $4,800 $150,200 $31,300 $118,900
2016 $2,653 $83,000 $31,300 $51,700
2015 $2,804 $84,700 $31,300 $53,400
2014 $2,859 $84,700 $31,300 $53,400
2013 $2,859 $84,700 $31,300 $53,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Mateus

    Seller's Agent in 2017

    Jeffrey Mateus

    Mateus Realty

    (401) 447-9459

    6 in this area

    425 Total Sales

    Jeffrey Mateus
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    Ojo Home LLC

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Map

Source: State-Wide MLS

MLS Number: 1157048

State-Wide MLS

APN: PROV-480390-000000-000000

Rhode Island Providence County Providence 02905 Lower South Providence

45 Ocean St, Providence, RI

Not Listed for Sale

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