NOT LISTED FOR SALE

48 Sumter St Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $550,000 - $667,000

9 Beds
3 Baths
3,322 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2014

Last sale price $140,000 $42 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $4,100 / mo

12 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Classical High School Rated A
  • Storm Windows
  • 5-minute walk to Councilman Miguel Luna Memorial Park

About This Home

As of March 2014

CORPORATE OWNED SPACIOUS 3FAMILY. ELMWOOD AREA. FEATURES: 3BDRMS PER UNIT, DBL LIV/DIN RMS, HRDWD FLRS,PART-FINISH BASEMENT w/2FNSH RMS.(PREVIOUS,ILLEGAL APTS).SEPARATE UTILITIES,DETACH GARAGE &FNC BK-YD. NEEDS MINOR WORK.MISSING BOILERS. AS-IS.

Last Agent to Sell the Property

Anthony Vecchiarelli

Real Broker, LLC License #RES.0012580 Listed on: 02/10/2014

Last Buyer's Agent

Yaniur Perez

Broadway Real Estate Group License #RES.0033128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,322 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • 3 Units
  • Elmwood Subdivision

Listing and Financial Details

  • Tax Lot 563
  • Assessor Parcel Number 4850SUMTERSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: ELMWOOD
  • Above Grade Finished Sq Ft: 3322.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3322.0
  • Dining Room Type: Bathroom, Bedroom, Kitchen
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 4850SUMTERSTPROV

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2452.0
  • Tax Lot: 563
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Mar 26, 2014
Sold by
Bought by
Seller's Agent
Anthony Vecchiarelli
Real Broker, LLC
Buyer's Agent
Yaniur Perez
Broadway Real Estate Group
List Price
$94,900
Sold Price
$140,000
Premium/Discount to List
$45,100
47.52%
Current Estimated Value
$616,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,000
Avg. Annual Appreciation
12.74%
Original Mortgage
$105,000
Interest Rate
0.0427%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bought by

Purchase Details

Closed on
May 7, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 --
$349,366 --
$147,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $129,500
Closed $105,000
Previous Owner $263,000
Previous Owner $250,000
Previous Owner $178,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $140,000 +47.5% $42 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $94,900 -- $29 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,607 $614,800 $121,500 $493,300
2024 $7,094 $386,600 $52,600 $334,000
2023 $7,094 $386,600 $52,600 $334,000
2022 $6,881 $386,600 $52,600 $334,000
2021 $6,238 $254,000 $38,600 $215,400
2020 $6,238 $254,000 $38,600 $215,400
2019 $6,481 $263,900 $38,600 $225,300
2018 $5,011 $156,800 $26,300 $130,500
2017 $5,011 $156,800 $26,300 $130,500
2016 $5,011 $156,800 $26,300 $130,500
2015 $4,217 $127,400 $32,200 $95,200
2014 $4,300 $127,400 $32,200 $95,200
2013 $4,300 $127,400 $32,200 $95,200
Source: Public Records

Agents Affiliated with this Home

  • Anthony Vecchiarelli

    Seller's Agent in 2014

    Anthony Vecchiarelli

    Real Broker, LLC

    (401) 338-0301

    17 Total Sales

    Anthony Vecchiarelli
    Section Image

  • Y

    Buyer's Agent in 2014

    Yaniur Perez

    Broadway Real Estate Group

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Map

Source: State-Wide MLS

MLS Number: 1059943

State-Wide MLS

APN: PROV-530563-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

48 Sumter St, Providence, RI

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