NOT LISTED FOR SALE

493 River Ave Providence, RI 02908

Elmhurst Neighborhood
6 Beds
4 Baths
4,130 Sq Ft
9,700 Sq Ft Lot

Last Sold January 30, 2023

Last sale price $525,000 $127 Per Sq Ft

212 Days on Market

Highlights

  • 0.22 Acre Lot
  • Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • 4 Fireplaces
  • 2-minute walk to Fargnoli Park

About This Home

As of January 2023

Home is 500' from Providence College entrance, property is an estate sale. City has property as a 4 unit though property has 5 units for many years & owned by the same family. The 1st floor has 2- one bed units, 2nd floor is a large 1500 square ft 3 bed unit, 3rd floor has 2-one bed units. Property has 7 total bedrooms, 5 total bathrooms, 5 total kitchens. Huge front porch is accessible from 1st & 2nd floors. Units are very stately, but need work. One unit on 3rd floor is occupied. Parking for 4 cars- plus space for 2 in garage (garage is empty). No fire alarm installed on the property. Buyer to do "Due Diligence".

Last Agent to Sell the Property

The Fooks Team

Coldwell Banker Realty Listed on: 07/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Rita Steele

Geo Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,916

Year Built

  • Built in 1900

Lot Details

  • 9,700 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,130 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 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
  • Water Heater

Listing and Financial Details

  • Tax Lot 369
  • Assessor Parcel Number 493RIVERAVPROV

Community Details

Overview

  • 4 Units
  • Providence College Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,916

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2227
  • Inclusions: Home is in Estate- all info would be a projection income. There is a 5th unit in upper level- 1 bedroom estate. Not sure if family went to zoning in late 40's to do that.
  • Subdivision Name: Providence College
  • Above Grade Finished Sq Ft: 4130.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9700.0
  • Parcel #: 493RIVERAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 11916.0
  • Tax Lot: 369
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $525,000 -11.8% $127 / Sq Ft
07/01/2022 07/01/22 For Sale $595,000 -- $144 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Fooks Team

    Coldwell Banker Realty

    (401) 681-2508

    1 in this area

    164 Total Sales

    The Fooks Team
    Section Image

  • R

    Buyer's Agent in 2023

    Rita Steele

    Geo Properties, Inc.

  • R

    Buyer's Agent in 2023

    Rita Danielle Steele

    Steele Realty Consultants LLC

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1314521

State-Wide MLS

APN: PROV P:0810369 L:0000

Rhode Island Providence County Providence 02908 Elmhurst

493 River Ave, Providence, RI

Not Listed for Sale

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