NOT LISTED FOR SALE

498 Cole Ave Providence, RI 02906

Blackstone Neighborhood

Estimated Value: $2,301,000 - $2,725,856

4 Beds
7 Baths
5,576 Sq Ft
$445/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $1,446,000 $259 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $15,583/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Marble Flooring
  • Corner Lot
  • Deck
  • 4 Fireplaces
  • Game Room

About This Home

As of June 2018

STATELY & ELEGANT GEORGIAN REVIVAL This magnificent property is situated on a prime corner lot in the Upper Elmgrove section of Providence's East Side. Fine craftsmanship and period detail have been meticulously preserved throughout the home's 5,000 square feet of modernized living space. Bright and expansive spaces on the first floor for entertaining coupled with master and guest suites offering luxury and convenience. Four bedrooms, four full, and three half baths plus ample storage & open great rooms have been thoughtfully appointed. A finished lower level provides 700 square feet of additional living space. A two car garage, central air, and updated mechanicals make this a truly spectacular property!

Last Agent to Sell the Property

Celia Almonte

Residential Properties Ltd. License #RES.0018672 Listed on: 03/20/2018

Residential Properties Ltd.

Last Buyer's Agent

Geraldine Schiffman

Residential Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,947

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Skylights
  • 4 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Compressor
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 498COLEAVPROV

Community Details

Overview

  • Upper Cole/Elmgrove Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,947

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Subdivision Name: UPPER COLE/ELMGROVE
  • Above Grade Finished Sq Ft: 5051.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer, Humidifier
  • Other Equipment: Compressor
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 525.0
  • Fireplace Features: Gas, Masonry, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Wet Bar, Bathtub, Cedar Closet(s), Skylights, Tub Shower, Cable TV
  • Living Area: 5576.0
  • Dining Room Type: Bathroom, Game Room, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Drywall, Plaster, Brick, Clapboard, Masonry
  • Exterior Features: Deck, Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11760.0
  • Parcel #: 498COLEAVPROV
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 20947.0
  • Tax Lot: 309
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 21, 2018
Sold by
Ann Marie Barone Ret and Barone Ann M
Bought by
Cerce Gennaro F and Cerce Margaret V
Seller's Agent
Celia Almonte
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$1,475,000
Sold Price
$1,446,000
Premium/Discount to List
-$29,000
-1.97%
Current Estimated Value
$2,482,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,952
Avg. Annual Appreciation
7.77%
Original Mortgage
$1,025,000
Outstanding Balance
$901,159
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,586,463

Purchase Details

Closed on
Dec 31, 2012
Sold by
Barone Ann M and Barone Michael
Bought by
Ann Marie Barone Ret and Barone Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,965
Interest Rate
3.39%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Kella Emily J
Bought by
Barone Michael J and Barone Marie

Purchase Details

Closed on
Apr 15, 1994
Sold by
Yesser Gary and Yesser Marci
Bought by
Jacober Jeffrey M and Jacober Karen
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Cerce Gennaro F $1,446,000 --
Ann Marie Barone Ret -- --
Barone Michael J $1,635,000 --
Jacober Jeffrey M $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerce Gennaro F $1,025,000
Previous Owner Yesser Gary $788,965
Previous Owner Yesser Gary $813,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $1,446,000 -2.0% $259 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $1,475,000 -- $265 / 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
2024 $29,655 $1,616,100 $425,600 $1,190,500
2023 $29,655 $1,616,100 $425,600 $1,190,500
2022 $28,767 $1,616,100 $425,600 $1,190,500
2021 $26,454 $1,077,100 $340,800 $736,300
2020 $26,454 $1,077,100 $340,800 $736,300
2019 $26,454 $1,077,100 $340,800 $736,300
2018 $35,610 $1,114,200 $292,600 $821,600
2017 $35,610 $1,114,200 $292,600 $821,600
2016 $35,610 $1,114,200 $292,600 $821,600
2015 $36,158 $1,092,400 $309,800 $782,600
2014 $36,869 $1,092,400 $309,800 $782,600
2013 $36,869 $1,092,400 $309,800 $782,600
Source: Public Records

Agents Affiliated with this Home

  • Celia Almonte

    Seller's Agent in 2018

    Celia Almonte

    Residential Properties Ltd.

    3 in this area

    13 Total Sales

    Celia Almonte
    Section Image

  • G

    Buyer's Agent in 2018

    Geraldine Schiffman

    Residential Properties, Ltd.

  • G

    Buyer's Agent in 2018

    Gerri Schiffman

    Residential Properties Ltd.

    107 in this area

    293 Total Sales

    Gerri Schiffman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1185284

State-Wide MLS

APN: PROV-930309-000000-000000

Rhode Island Providence County Providence 02906 Blackstone

498 Cole Ave, Providence, RI

This home is located at 498 Cole Ave, Providence, RI 02906 since 20 March 2018 and is currently estimated at $2,482,952, approximately $445 per square foot. This property was built in 1930. 498 Cole Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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