497 Branch Ave Providence, RI 02904
Charles Neighborhood
4
Beds
2
Baths
3,021
Sq Ft
3,200
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Public Transportation
- Attic
- Bathtub with Shower
- Shops
About This Home
As of May 2025This charming two-family home offers a fantastic opportunity for both investors and owner-occupants. This well-maintained property features two spacious units with high ceilings and tons of natural light. The first floor features two bedrooms, one and a half baths. The second unit features two bedrooms, one bath. In addition, this second unit also has a town-house style with two flex rooms upstairs that can be used for many different purposes an office, a den, a playroom, the possibilities are endless! The home sits on a 3,049 sq. ft. lot in a convenient location close to local shops, restaurants, and easy highway access to both 95 and 146. This is ideally situated at just a 50 minute drive to Boston. While they will need a little love, the carport and detached garage prove a valuable feature in this area, though there is also off street parking available. Whether you're looking to generate rental income or live in one unit while renting the other, this multi-family home is a great investment. To top everything off (from the bottom) you have a full basement with three separate storage rooms ready to help organize and delineate. Don't miss your chance to own a move-in ready investment property that is conveniently located to just about anything you could need!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,391
Year Built
- Built in 1900
Lot Details
- 3,200 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 3,021 Sq Ft Home
- 2-Story Property
- Utility Room
- Wood Flooring
- Permanent Attic Stairs
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
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 135
- Assessor Parcel Number 497BRANCHAVPROV
Community Details
Overview
- 2 Units
Amenities
- Shops
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
May 21, 2025
Sold by
Honey Rock Farm Llc and Aim True Llc
Bought by
Pierr Wans A
Seller's Agent
William Fooks
Coldwell Banker Realty
Buyer's Agent
Marcus Randolph
eXp Realty
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
109
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.17%
Original Mortgage
$490,943
Outstanding Balance
$490,943
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$1,576
Purchase Details
Closed on
Oct 31, 2024
Sold by
Decesare Edith Est and Tunstall
Bought by
Aim True Llc and Rock Farm Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Available | |
| Executors Deed | $325,000 | None Available | |
| Executors Deed | $325,000 | None Available | |
| Executors Deed | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,943 | FHA | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $103,000 | Unknown | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Sold | $500,000 | +2.1% | $166 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $489,900 | -2.0% | $162 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $499,900 | -- | $165 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,391 | $239,300 | $60,600 | $178,700 |
| 2023 | $4,391 | $239,300 | $60,600 | $178,700 |
| 2022 | $4,260 | $239,300 | $60,600 | $178,700 |
| 2021 | $3,915 | $159,400 | $54,300 | $105,100 |
| 2020 | $3,775 | $153,700 | $54,300 | $99,400 |
| 2019 | $3,775 | $153,700 | $54,300 | $99,400 |
| 2018 | $3,480 | $108,900 | $42,000 | $66,900 |
| 2017 | $3,480 | $108,900 | $42,000 | $66,900 |
| 2016 | $3,480 | $108,900 | $42,000 | $66,900 |
| 2015 | $3,118 | $94,200 | $44,400 | $49,800 |
| 2014 | $3,179 | $94,200 | $44,400 | $49,800 |
| 2013 | $3,179 | $94,200 | $44,400 | $49,800 |
Source: Public Records
Agents Affiliated with this Home
-
William Fooks
W
Seller's Agent in 2025
William Fooks
Coldwell Banker Realty
(401) 681-2508
3 in this area
176 Total Sales
-
Aimee Pittman
Seller Co-Listing Agent in 2025
Aimee Pittman
Coldwell Banker Realty
(401) 569-6847
2 in this area
23 Total Sales
-
Marcus Randolph
Buyer's Agent in 2025
Marcus Randolph
eXp Realty
(401) 419-5142
1 in this area
104 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1379009
APN: PROV-710135-000000-000000
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