NOT LISTED FOR SALE

485 Academy Ave Unit 487 Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $583,147 - $776,000

6 Beds
2 Baths
6,120 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $406,000 $66 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,025/month

8 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of July 2020

Well maintained two family in elmhurst! Perfect for owner occupant or investor! This home offers two 3 bed/1 bath units with a partially finished basement and extra half bath. The original trims and bullt-ins give this home an abundance of charm. Backyard area is great for entertaining or relaxing!

Last Agent to Sell the Property

Gary Mallozzi

Realty Center License #RES.0033712 Listed on: 06/22/2020

Last Buyer's Agent

Lindsay Pettinelli

Churchill & Banks Co., LLC License #RES.0043494

Churchill & Banks Co., LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,923

Year Built

  • Built in 1920

Lot Details

  • 5,903 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Siding

Interior Spaces

  • 6,120 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 485487ACADEMYAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,923

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Above Grade Finished Sq Ft: 6120.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood
  • Dining Room Type: Bathroom
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5903.0
  • Parcel #: 485487ACADEMYAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3923.0
  • Tax Lot: 37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Aug 31, 2015
Sold by
Gallogly Michael D
Bought by
Hartnett Patrick
Seller's Agent
Fred Richenderfer
RE/MAX River's Edge
Buyer's Agent
Matthew St. Ours
RE/MAX Professionals
List Price
$259,500
Sold Price
$248,000
Premium/Discount to List
-$11,500
-4.43%
Current Estimated Value
$700,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,037
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Ma Mangione Inc
Bought by
Gallogly Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2009
Sold by
Deutsche Bk
Bought by
Ma Mangione Inc

Purchase Details

Closed on
Aug 6, 2009
Sold by
Stevens Derek J and Stevens Kerri Ann
Bought by
Deutsche Bk

Purchase Details

Closed on
Jul 22, 1996
Sold by
Ward Yolanda H
Bought by
Stravato Anthony W and Stravato Stacey
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
Hartnett Patrick $248,000 --
Gallogly Michael D $226,000 --
Ma Mangione Inc $140,000 --
Deutsche Bk $118,113 --
Stravato Anthony W $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stravato Anthony W $106,280
Previous Owner Stravato Anthony W $110,000
Previous Owner Stravato Anthony W $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $406,000 +6.9% $66 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $379,900 +53.2% $62 / Sq Ft
08/28/2015 08/28/15 Sold $248,000 -4.4% $91 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $259,500 -- $95 / 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 $4,253 $563,300 $163,800 $399,500
2024 $7,056 $384,500 $106,500 $278,000
2023 $7,056 $384,500 $106,500 $278,000
2022 $6,844 $384,500 $106,500 $278,000
2021 $6,538 $266,200 $85,700 $180,500
2020 $6,538 $266,200 $85,700 $180,500
2019 $6,538 $266,200 $85,700 $180,500
2018 $6,728 $210,500 $68,900 $141,600
2017 $6,728 $210,500 $68,900 $141,600
2016 $6,728 $210,500 $68,900 $141,600
2015 $5,812 $175,600 $68,900 $106,700
2014 $5,927 $175,600 $68,900 $106,700
2013 $5,927 $175,600 $68,900 $106,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gary Mallozzi

    Realty Center

    (401) 413-9081

    11 Total Sales

    Gary Mallozzi
    Section Image
  • Lindsay Pettinelli

    Buyer's Agent in 2020

    Lindsay Pettinelli

    Churchill & Banks Co., LLC

    (401) 439-0582

    6 in this area

    194 Total Sales

    Lindsay Pettinelli
    Section Image

  • F

    Seller's Agent in 2015

    Fred Richenderfer

    RE/MAX River's Edge

  • Matthew St. Ours

    Buyer's Agent in 2015

    Matthew St. Ours

    RE/MAX Professionals

    (401) 230-0180

    112 Total Sales

    Matthew St. Ours
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1257062

State-Wide MLS

APN: PROV-001160-000037-000000

Rhode Island Providence County Providence 02908 Elmhurst

485 Academy Ave Unit 487, Providence, RI

Not Listed for Sale

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