NOT LISTED FOR SALE

48 Melissa St Providence, RI 02909

Hartford Neighborhood

Estimated Value: $391,177 - $571,000

6 Beds
2 Baths
2,969 Sq Ft
$152/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $280,000 $94 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,853/month

34 Days on Market

About This Home

As of February 2021

Turn key 2 family home with 2-3 bed units. Good rental income. Replacement windows. Units are in good condition, what a great investment opportunity. Set up a tour today.

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 12/16/2020

Century 21 Limitless

Last Buyer's Agent

Kyle Seyboth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,969 Sq Ft Home
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units
  • Operating Expense $2,200

Listing and Financial Details

  • Tax Lot 293
  • Assessor Parcel Number 48MELISSASTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,871

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 2969.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • 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: 5227.0
  • Parcel #: 48MELISSASTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2200.0

Tax Info

  • Tax Annual Amount: 3871.0
  • Tax Lot: 293
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 10, 2021
Sold by
Gambuto Lori A and Gambuto Raymond D
Bought by
Badejo Virginia
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Kyle Seyboth
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$448,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,402
Avg. Annual Appreciation
11.42%
Original Mortgage
$274,725
Outstanding Balance
$247,186
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$207,273

Purchase Details

Closed on
Mar 8, 2002
Sold by
Detora Vincent J and Detora Ann Marie
Bought by
Gambuto Raymond D and Gambuto Lori A

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
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Badejo Virginia $280,000 None Available
Gambuto Raymond D $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badejo Virginia $274,725
Previous Owner Gambuto Raymond D $199,711
Previous Owner Gambuto Raymond D $228,750
Previous Owner Gambuto Raymond D $120,000
Previous Owner Gambuto Raymond D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $280,000 +1.8% $94 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $275,000 -- $93 / 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 $4,778 $260,400 $73,100 $187,300
2023 $4,778 $260,400 $73,100 $187,300
2022 $4,635 $260,400 $73,100 $187,300
2021 $3,871 $157,600 $48,600 $109,000
2020 $3,871 $157,600 $48,600 $109,000
2019 $3,871 $157,600 $48,600 $109,000
2018 $3,918 $122,600 $47,100 $75,500
2017 $3,918 $122,600 $47,100 $75,500
2016 $3,918 $122,600 $47,100 $75,500
2015 $3,717 $112,300 $50,000 $62,300
2014 $3,790 $112,300 $50,000 $62,300
2013 $3,790 $112,300 $50,000 $62,300
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2021

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    6 in this area

    1,912 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1271858

State-Wide MLS

APN: PROV-001130-000293-000000

Rhode Island Providence County Providence 02909 Hartford

48 Melissa St, Providence, RI

This home is located at 48 Melissa St, Providence, RI 02909 since 16 December 2020 and is currently estimated at $452,544, approximately $152 per square foot. This property was built in 1910. 48 Melissa St is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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