NOT LISTED FOR SALE

50 Mary Ave East Providence, RI 02914

Estimated Value: $507,940 - $578,000

6 Beds
3 Baths
2,476 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $231,000 $93 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,465/month

19 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Public Transportation
  • Wood Flooring
  • Thermal Windows
  • Shops

About This Home

As of November 2016

GREAT 3 FAMILY CENTRALLY LOCATED!!2 BEDS EACH UNIT,SEPARATE UTILITIES,2 CAR GARAGE,REPLACEMENT WINDOWS,COIN OP LAUNDRY.RENTS ARE LOW DUE TO LONG TERM TENANTS

Last Agent to Sell the Property

Jeffrey Mateus

Mateus Realty License #REB.0018097 Listed on: 09/29/2016

Last Buyer's Agent

Pamela Reis

Mateus Realty License #RES.0022580

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1900

Lot Details

  • 4,291

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,476 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • 4,291 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 50MARYAVEPRO

Community Details

Overview

  • 3 Units
  • Central Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,425

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0985
  • Subdivision Name: CENTRAL
  • Above Grade Finished Sq Ft: 2476.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Cable TV
  • Living Area: 2476.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4291.0
  • Parcel #: 50MARYAVEPRO
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4425.0
  • Tax Block: 1
  • Tax Lot: 11
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 1997
Sold by
Penha Robert and Penha Maria
Bought by
Lopes Jose M and Lopes Lisa
Current Estimated Value
$548,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,650
Outstanding Balance
$19,550
Interest Rate
7.42%
Estimated Equity
$501,977

Purchase Details

Closed on
May 1, 1991
Sold by
Satterley Kenneth
Bought by
Penha Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
9.55%
Source: Public Records

Range of Values:

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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
Lopes Jose M $117,000 --
Penha Robert $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penha Robert $50,000
Open Penha Robert $113,650
Previous Owner Penha Robert $97,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $231,000 -3.7% $93 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $239,900 -- $97 / 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 $5,801 $378,400 $72,600 $305,800
2023 $5,585 $378,400 $72,600 $305,800
2022 $5,681 $259,900 $41,800 $218,100
2021 $5,588 $259,900 $38,600 $221,300
2020 $5,351 $259,900 $38,600 $221,300
2019 $5,203 $259,900 $38,600 $221,300
2018 $4,549 $198,800 $40,200 $158,600
2017 $4,447 $198,800 $40,200 $158,600
2016 $4,425 $198,800 $40,200 $158,600
2015 $4,604 $200,600 $32,600 $168,000
2014 $4,604 $200,600 $32,600 $168,000
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Mateus

    Seller's Agent in 2016

    Jeffrey Mateus

    Mateus Realty

    (401) 447-9459

    43 in this area

    428 Total Sales

    Jeffrey Mateus
    Section Image
  • Pamela Reis

    Buyer's Agent in 2016

    Pamela Reis

    Mateus Realty

    (401) 434-8399

    6 in this area

    68 Total Sales

    Pamela Reis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1138129

State-Wide MLS

APN: EPRO-000206-000001-000011

Rhode Island Providence County East Providence 02914

50 Mary Ave, East Providence, RI

This home is located at 50 Mary Ave, East Providence, RI 02914 since 29 September 2016 and is currently estimated at $548,235, approximately $221 per square foot. This property was built in 1900. 50 Mary Ave is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and The Croft School - Providence.

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