5 Handy St Providence, RI 02909
Olneyville Neighborhood
8
Beds
4
Baths
3,248
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- Public Transportation
- Baseboard Heating
- Recreation Facilities
- Shops
- Heating System Uses Steam
About This Home
As of January 2025Introducing 5 Handy, a three-family property presenting a prime investment opportunity. The layout includes two units on the first floor, each with two bedrooms & one bath, complemented by a larger three-bedroom, two-bath unit on the second level. The property features gas heating, updated electrical systems & a maintenance free exterior.
Ample parking in the rear. This investment property is well-suited for both owner-occupants looking to live in one unit while renting out the others, & investors aiming to capitalize on a vibrant rental market. Its functional layout, maintenance-free exterior & essential amenities make it a practical choice for a diverse range of potential buyers.
Last Agent to Sell the Property
Westcott Properties License #REB.0012495 Listed on: 04/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,266
Year Built
- Built in 1932
Lot Details
- 3,485 Sq Ft Lot
Home Design
- 3,248 Sq Ft Home
- Vinyl Siding
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- Gas Water Heater
Listing and Financial Details
- Tax Lot 137
- Assessor Parcel Number 5HANDYSTPROV
Community Details
Overview
- 3 Units
- Olneyville Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2024
Closed on
Jan 31, 2025
Sold by
Brianna Properties Llc
Bought by
Brathwaite Makyshia
Seller's Agent
Braulio Diaz
The Network
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$660,000
Sold Price
$660,000
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,081
Avg. Annual Appreciation
0.48%
Original Mortgage
$495,000
Outstanding Balance
$494,162
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,249
Purchase Details
Listed on
Apr 1, 2024
Closed on
Jul 26, 2024
Sold by
Morgan Stanley Abs Capi I and Deustche Bk Natl T Co Tr
Bought by
Brianna Properties Llc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
David Zuller
Westcott Properties
List Price
$379,600
Sold Price
$425,000
Premium/Discount to List
$45,400
11.96%
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.04%
Original Mortgage
$25,000
Interest Rate
6.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 5, 2024
Sold by
Pacia Richard A and Deutche Bk Natl Tco
Bought by
Morgan Stanley Abs Capi I and Deutche Bk Natl T Co Tr
Purchase Details
Closed on
Jun 3, 2004
Sold by
Modern Mtg Co Inc
Bought by
Fairchild Realty Llc
Purchase Details
Closed on
Aug 19, 2003
Sold by
Modern Mortgage Co
Bought by
Creta Guiseppe A
Purchase Details
Closed on
Dec 11, 2001
Sold by
Modern Mc
Bought by
Almonte Luis
Purchase Details
Closed on
Nov 6, 2001
Sold by
Afl Llc
Bought by
Modern Mtg Co
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 | $660,000 | None Available | |
| Warranty Deed | $660,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Warranty Deed | $425,000 | None Available | |
| Foreclosure Deed | $415,000 | None Available | |
| Foreclosure Deed | $415,000 | None Available | |
| Foreclosure Deed | $415,000 | None Available | |
| Deed | $100,000 | -- | |
| Deed | $100,000 | -- | |
| Deed | $25,000 | -- | |
| Deed | $25,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Foreclosure Deed | $32,000 | -- | |
| Foreclosure Deed | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | Purchase Money Mortgage | |
| Closed | $495,000 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $8,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $71,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $660,000 | 0.0% | $185 / Sq Ft |
| 12/18/2024 12/18/24 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $660,000 | +55.3% | $185 / Sq Ft |
| 07/29/2024 07/29/24 | Sold | $425,000 | +12.0% | $131 / Sq Ft |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | For Sale | $379,600 | -- | $117 / 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 | $7,267 | $396,000 | $71,600 | $324,400 |
| 2023 | $7,267 | $396,000 | $71,600 | $324,400 |
| 2022 | $7,049 | $396,000 | $71,600 | $324,400 |
| 2021 | $6,027 | $245,400 | $33,300 | $212,100 |
| 2020 | $6,027 | $245,400 | $33,300 | $212,100 |
| 2019 | $6,027 | $245,400 | $33,300 | $212,100 |
| 2018 | $4,893 | $153,100 | $27,600 | $125,500 |
| 2017 | $4,893 | $153,100 | $27,600 | $125,500 |
| 2016 | $4,893 | $153,100 | $27,600 | $125,500 |
| 2015 | $4,316 | $130,400 | $33,100 | $97,300 |
| 2014 | $4,401 | $130,400 | $33,100 | $97,300 |
| 2013 | $4,401 | $130,400 | $33,100 | $97,300 |
Source: Public Records
Agents Affiliated with this Home
-
Braulio Diaz
B
Seller's Agent in 2025
Braulio Diaz
The Network
(401) 636-1985
6 in this area
179 Total Sales
-
Fernanda Diaz
F
Seller Co-Listing Agent in 2025
Fernanda Diaz
The Network
(401) 489-1364
2 in this area
56 Total Sales
-
Samuel Alba
Buyer's Agent in 2025
Samuel Alba
Innovations Realty
(401) 640-0036
10 in this area
623 Total Sales
-
Joy Riley
Seller's Agent in 2024
Joy Riley
Westcott Properties
(401) 952-7887
5 in this area
328 Total Sales
-
David Zuller
Buyer's Agent in 2024
David Zuller
Westcott Properties
(401) 447-8988
4 in this area
107 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1355671
APN: PROV-630137-000000-000000
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