NOT LISTED FOR SALE

48 Furnace St Providence, RI 02903

Fox Point Neighborhood

Estimated Value: $592,804 - $731,000

4 Beds
2 Baths
3,362 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $405,000 $120 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,219/month

101 Days on Market

Highlights

  • Porch
  • Baseboard Heating
  • 3-minute walk to Cabral Park
  • Ceramic Tile Flooring

About This Home

As of August 2020

Bright open and renovated 2 family with spacious units offering 2 beds and 1 bath each. Nothing needed, just move in or rent out and start collecting on this investment.

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 04/14/2020

Century 21 Limitless

Last Buyer's Agent

Kyle Seyboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,334

Year Built

  • Built in 1930

Lot Details

  • 2,035

Home Design

  • 3,362 Sq Ft Home

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Porch
  • 2,035 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 607
  • Assessor Parcel Number 48FURNACESTPROV

Community Details

Overview

  • 2 Units
  • Fox Point Subdivision

Building Details

  • Operating Expense $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,334

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: Fox Point
  • Above Grade Finished Sq Ft: 3362.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • 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: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch

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
  • Electricity On Property: Yes
  • 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: 2035.0
  • Parcel #: 48FURNACESTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2800.0

Tax Info

  • Tax Annual Amount: 6334.0
  • Tax Lot: 607
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Aug 14, 2020
Sold by
Kcls Group Llc
Bought by
Ringiewicz Abigail B
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Kyle Seyboth
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Current Estimated Value
$681,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,201
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Mendonca Elizabeth M
Bought by
Kcls Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1994
Sold by
Fleet Re Funding
Bought by
Mendonca Paulo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ringiewicz Abigail B $405,000 None Available
Kcls Group Llc $130,000 --
Mendonca Paulo $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kcls Group Llc $225,000
Previous Owner Kcls Group Llc $100,000
Previous Owner Kcls Group Llc $50,000
Previous Owner Mendonca Paulo $54,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $405,000 -10.0% $120 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $450,000 -- $134 / 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 $7,083 $386,000 $218,500 $167,500
2023 $7,083 $386,000 $218,500 $167,500
2022 $6,871 $386,000 $218,500 $167,500
2021 $6,469 $263,400 $166,300 $97,100
2020 $6,469 $263,400 $166,300 $97,100
2019 $6,334 $257,900 $166,300 $91,600
2018 $6,721 $210,300 $144,700 $65,600
2017 $6,721 $210,300 $144,700 $65,600
2016 $6,721 $210,300 $144,700 $65,600
2015 $6,216 $187,800 $144,700 $43,100
2014 $6,338 $187,800 $144,700 $43,100
2013 $6,338 $187,800 $144,700 $43,100
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2020

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    4 in this area

    1,909 Total Sales

    Kyle Seyboth
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Map

Source: State-Wide MLS

MLS Number: 1251202

State-Wide MLS

APN: PROV-170607-000000-000000

Rhode Island Providence County Providence 02903 Fox Point

48 Furnace St, Providence, RI

This home is located at 48 Furnace St, Providence, RI 02903 since 14 April 2020 and is currently estimated at $681,201, approximately $202 per square foot. This property was built in 1930. 48 Furnace St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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