NOT LISTED FOR SALE

49 Erastus St Providence, RI 02909

Olneyville Neighborhood

Estimated Value: $361,000 - $459,000

4 Beds
2 Baths
2,053 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $110,000 $54 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $2,381/month

291 Days on Market

Highlights

  • Bathtub with Shower
  • Public Transportation
  • Baseboard Heating

About This Home

As of February 2019

Attention Investors, Sit back and collect the rents. Two homes one lot, fully rented, professionally managed, improvements include windows, roof, siding, plumbing & heating.

Last Agent to Sell the Property

John Hagberg

All Business Realty License #REB.0016373 Listed on: 03/27/2018

Last Buyer's Agent

Frank Miele

Prime Time Properties, Inc. License #REC.0009744

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,179 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,053 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 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
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 49ERASTUSSTPROV

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Public Transportation
  • Operating Expense $6,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.073
  • Above Grade Finished Sq Ft: 2053.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3179.0
  • Parcel #: 49ERASTUSSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6050.0

Tax Info

  • Tax Annual Amount: 4150.0
  • Tax Lot: 000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Mazuelos Nelly
Bought by
Bautista Mason
Current Estimated Value
$398,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,480
Outstanding Balance
$257,309
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$141,613

Purchase Details

Closed on
Jul 27, 2021
Sold by
Bautista Juan and Mazuelos Nelly
Bought by
Mazuelos Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Master Realty Llc
Bought by
Mazuelos Nelly and Bautista Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2018
Closed on
Feb 5, 2019
Sold by
Bzdula Jason C
Bought by
Master Realty Llc
Seller's Agent
John Hagberg
All Business Realty
Buyer's Agent
Frank Miele
Prime Time Properties, Inc.
List Price
$264,900
Sold Price
$110,000
Premium/Discount to List
-$154,900
-58.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%
Original Mortgage
$107,539
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Smith David R
Bought by
Bzdula Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Bautista Mason $330,000 None Available
Bautista Mason $330,000 None Available
Mazuelos Nelly -- None Available
Mazuelos Nelly -- None Available
Mazuelos Nelly $150,000 --
Mazuelos Nelly $150,000 --
Master Realty Llc $110,000 --
Master Realty Llc $110,000 --
Bzdula Jason C $130,000 --
Bzdula Jason C $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Mason $260,480
Closed Bautista Mason $260,480
Previous Owner Mazuelos Nelly $195,000
Previous Owner Mazuelos Nelly $130,000
Previous Owner Master Realty Llc $107,539
Previous Owner Bzdula Jason C $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $110,000 -58.5% $54 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
03/27/2018 03/27/18 For Sale $264,900 -- $129 / 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 $3,461 $458,400 $146,500 $311,900
2024 $6,123 $333,700 $0 $0
2023 $3,664 $199,700 $71,300 $128,400
2022 $5,940 $333,700 $71,300 $262,400
2021 $4,836 $196,900 $33,200 $163,700
2020 $4,836 $196,900 $33,200 $163,700
2019 $4,836 $196,900 $33,200 $163,700
2018 $4,145 $129,700 $27,400 $102,300
2017 $4,145 $129,700 $27,400 $102,300
2016 $4,145 $129,700 $27,400 $102,300
2015 $4,098 $123,800 $32,900 $90,900
2014 $4,178 $123,800 $32,900 $90,900
2013 $4,178 $123,800 $32,900 $90,900
Source: Public Records

Agents Affiliated with this Home

  • John Hagberg

    Seller's Agent in 2019

    John Hagberg

    All Business Realty

    (508) 942-0108

    51 Total Sales

    John Hagberg
    Section Image
  • Frank Miele

    Buyer's Agent in 2019

    Frank Miele

    Prime Time Properties, Inc.

    (401) 454-1300

    62 Total Sales

    Frank Miele
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1185980

State-Wide MLS

APN: PROV-630019-000000-000000

Rhode Island Providence County Providence 02908 Olneyville

49 Erastus St, Providence, RI

Not Listed for Sale

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