5 Pequot St Providence, RI 02903
Federal Hill Neighborhood
4
Beds
3
Baths
3,100
Sq Ft
1,307
Sq Ft Lot
Highlights
- Wood Flooring
- 1 Fireplace
- Bathtub with Shower
- Attic
- Recreation Facilities
- 2-minute walk to Garibaldi Square
About This Home
As of March 2025This diamond in the rough is charming, with "meat on the bone" for owner occupants or investors. 2 Family, with 3 stories of potential, just steps from Joe Marzilli's old Canteen in the heart of Federal Hill. Home professionally demoed on the interior, ready for you to put your stamp on the property. Original tin ceilings and fir hardwoods have been preserved and are ready to be restored. Breath fresh air into this this classic New England Colonial. The first apartment on floor one, contains a pizza oven attached to your wood burning fireplace, tin ceilings' and hardwood floors. A cozy floor plan perfect for long/short term rentals or living well, street level in one of RI's iconic neighborhoods. Second floor has the walk up attic, "expansion potential", perfect for a true 2-3 bedroom, luxurious townhouse, overlooking vintage Federal Hill. This property would rent in a second or just be an ideal place to live walking distance to the fountains at Venda. If you value location, then you'll find this location valuable! The property does need a roof, windows, doors, flooring, kitchens/baths and framing repair and is sold in as is condition. The siding seems pretty good. Seller can convey insight on previous project plans, and is looking for a win-win, to turn the keys over to you.. Comparable two family homes in location retail nearly double list price so opportunity knocks. Ring the bell, don't drop the ball!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,081
Year Built
- Built in 1850
Lot Details
- 1,307 Sq Ft Lot
- Fenced
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 3,100 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Doors
- Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 1 Parking Space
- No Garage
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
- Oil Water Heater
Listing and Financial Details
- Tax Lot 331
- Assessor Parcel Number 5PEQUOTSTPROV
Community Details
Overview
- 2 Units
- Federal Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2025
Closed on
Mar 28, 2025
Sold by
Latida Properties Llc
Bought by
Casey Michael and Sweetnam Victoria
Seller's Agent
Renato De Lima
Innovations Realty
Buyer's Agent
Nelson Taylor
Compass
List Price
$649,900
Sold Price
$605,000
Premium/Discount to List
-$44,900
-6.91%
Views
15
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
$2,842
Avg. Annual Appreciation
1.39%
Original Mortgage
$453,750
Outstanding Balance
$452,599
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,243
Purchase Details
Listed on
Dec 27, 2023
Closed on
Feb 12, 2024
Sold by
Lego Batman Proeprties Ll
Bought by
Latida Properties Llc
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Renato De Lima
Innovations Realty
List Price
$379,900
Sold Price
$328,500
Premium/Discount to List
-$51,400
-13.53%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.68%
Original Mortgage
$399,225
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 3, 2023
Sold by
Corona Julia F
Bought by
Lego Batman Pro Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 19, 2017
Sold by
Martin Emile A
Bought by
Martin Emile A and Flores-Corona Julia
Purchase Details
Closed on
Jan 22, 1996
Sold by
Shackelford Hugh T Est
Bought by
Martin Emile A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,980
Interest Rate
7.16%
Mortgage Type
VA
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 | $605,000 | None Available | |
| Warranty Deed | $605,000 | None Available | |
| Warranty Deed | $328,500 | None Available | |
| Warranty Deed | $328,500 | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Warranty Deed | $275,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $49,000 | -- | |
| Warranty Deed | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $453,750 | Purchase Money Mortgage | |
| Closed | $453,750 | Purchase Money Mortgage | |
| Previous Owner | $399,225 | Purchase Money Mortgage | |
| Previous Owner | $420,000 | Purchase Money Mortgage | |
| Previous Owner | $25,600 | No Value Available | |
| Previous Owner | $49,980 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2025 03/30/25 | Sold | $605,000 | -6.9% | $195 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | For Sale | $649,900 | +97.8% | $210 / Sq Ft |
| 02/12/2024 02/12/24 | Sold | $328,500 | -3.4% | $106 / Sq Ft |
| 01/11/2024 01/11/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | Price Changed | $339,900 | -5.6% | $110 / Sq Ft |
| 12/31/2023 12/31/23 | Price Changed | $359,900 | -5.3% | $116 / Sq Ft |
| 12/27/2023 12/27/23 | For Sale | $379,900 | -- | $123 / 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 | $6,081 | $331,400 | $203,400 | $128,000 |
| 2023 | $6,081 | $331,400 | $203,400 | $128,000 |
| 2022 | $5,899 | $331,400 | $203,400 | $128,000 |
| 2021 | $5,128 | $208,800 | $129,800 | $79,000 |
| 2020 | $5,128 | $208,800 | $129,800 | $79,000 |
| 2019 | $5,128 | $208,800 | $129,800 | $79,000 |
| 2018 | $4,334 | $135,600 | $75,100 | $60,500 |
| 2017 | $4,334 | $135,600 | $75,100 | $60,500 |
| 2016 | $4,334 | $135,600 | $75,100 | $60,500 |
| 2015 | $4,406 | $133,100 | $75,100 | $58,000 |
| 2014 | $4,492 | $133,100 | $75,100 | $58,000 |
| 2013 | $4,492 | $133,100 | $75,100 | $58,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Renato De Lima
Innovations Realty
(401) 723-3312
2 in this area
180 Total Sales
-
Buyer's Agent in 2025
Nelson Taylor
Compass
(401) 214-1524
3 in this area
608 Total Sales
-
Seller's Agent in 2024
Matt Patty
Real Broker, LLC
(401) 269-6169
2 in this area
230 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350013
APN: PROV-260331-000000-000000
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