NOT LISTED FOR SALE

501 Public St Providence, RI 02907

Upper South Providence Neighborhood

Estimated Value: $514,000 - $581,000

6 Beds
3 Baths
2,410 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $500,000 $207 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,493/month

3 Days on Market

Highlights

  • Storage Room
  • Property near a hospital
  • Baseboard Heating
  • Public Transportation
  • Ceramic Tile Flooring
  • 2-minute walk to Mattie Smith Tot Lot

About This Home

As of September 2023

Nice multifamily house is on the market for sale, conveniently located, with easy access to route 95 and close to school, market place hospital, CCRI and more. 1st. floor features living, kitchen, full bath and 2 bedrooms. 2nd floor features, living, kitchen, 2 full baths and 4 bedrooms. Vinyl siding on the exterior and plenty of parking spaces.

Last Agent to Sell the Property

Gustavo Sanchez

C-21 Butterman & Kryston License #RES.0042320 Listed on: 04/11/2023

Last Buyer's Agent

Herminia Collado

HomeSmart Professionals License #RES.0044348

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 1920

Lot Details

  • 3,192

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Storage Room
  • Utility Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 3,192 Sq Ft Lot
  • Property near a hospital

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Tax Lot 656
  • Assessor Parcel Number 501PUBLICSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,334

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0733
  • Above Grade Finished Sq Ft: 2410.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Bathtub
  • Dining Room Type: Bathroom, Family Room, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3192.0
  • Parcel #: 501PUBLICSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3334.0
  • Tax Lot: 656
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Sep 20, 2023
Sold by
Jimenez Arecio
Bought by
Melendez Walter and Urizar Nury
Seller's Agent
Gustavo Sanchez
C-21 Butterman & Kryston
Buyer's Agent
Herminia Collado
HomeSmart Professionals
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Views
10
Current Estimated Value
$538,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,144
Avg. Annual Appreciation
5.87%
Original Mortgage
$490,943
Outstanding Balance
$483,271
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$71,112

Purchase Details

Listed on
Sep 20, 2017
Closed on
Dec 7, 2017
Sold by
Mercado Investments Ll
Bought by
Jimenez Arecio
Seller's Agent
Braulio Diaz
The Network
Buyer's Agent
Ramon Betances
Century 21 Limitless
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%
Original Mortgage
$195,395
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2016
Sold by
Unltd Mgmt & Contracting
Bought by
Mercado Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2015
Sold by
Desteny Enterprise Llc
Bought by
Unlimited Mgmt & Contrat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2015
Sold by
Ajg Llc
Bought by
Desteny Enterprises Ll

Purchase Details

Closed on
Oct 29, 2009
Sold by
Candelario Julio E
Bought by
Ajg Properties Llc

Purchase Details

Closed on
Feb 13, 2009
Sold by
Santos Jesus
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Dec 4, 2002
Sold by
Candelier Celedonia
Bought by
Santos Jesus E and Marte Betsaida

Purchase Details

Closed on
Nov 4, 1999
Sold by
Candelier Hector B
Bought by
Candelier Celedonia

Purchase Details

Closed on
Mar 29, 1990
Sold by
Fren Elie
Bought by
Candelier Alicibiades
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
Melendez Walter $500,000 None Available
Jimenez Arecio $199,000 --
Mercado Investment Llc $102,000 --
Unlimited Mgmt & Contrat $125,000 --
Desteny Enterprises Ll $70,000 --
Ajg Properties Llc -- --
Candelacio Julio E $29,000 --
Lasalle Bank Na $34,855 --
Santos Jesus E $130,000 --
Candelier Celedonia $66,000 --
Candelier Alicibiades $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Walter $490,943
Previous Owner Jimenez Arecio $240,000
Previous Owner Jimenez Arecio $195,395
Previous Owner Mercado Investment Llc $105,000
Previous Owner Candelier Alicibiades $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $500,000 +11.1% $207 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $449,900 +126.1% $187 / Sq Ft
12/07/2017 12/07/17 Sold $199,000 -0.5% $82 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $199,900 -- $83 / 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 $6,248 $340,500 $75,200 $265,300
2023 $6,248 $340,500 $75,200 $265,300
2022 $6,061 $340,500 $75,200 $265,300
2021 $4,944 $201,300 $33,200 $168,100
2020 $4,944 $201,300 $33,200 $168,100
2019 $4,944 $201,300 $33,200 $168,100
2018 $4,410 $138,000 $30,200 $107,800
2017 $4,526 $141,600 $30,200 $111,400
2016 $4,526 $141,600 $30,200 $111,400
2015 $3,078 $93,000 $30,200 $62,800
2014 $3,139 $93,000 $30,200 $62,800
2013 $3,139 $93,000 $30,200 $62,800
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Sanchez

    Seller's Agent in 2023

    Gustavo Sanchez

    C-21 Butterman & Kryston

    (401) 521-9490

    8 in this area

    125 Total Sales

    Gustavo Sanchez
    Section Image

  • H

    Buyer's Agent in 2023

    Herminia Collado

    HomeSmart Professionals

    (401) 447-2343

    1 in this area

    12 Total Sales

    Herminia Collado
    Section Image

  • B

    Seller's Agent in 2017

    Braulio Diaz

    The Network

    (401) 636-1985

    3 in this area

    181 Total Sales

    Braulio Diaz
    Section Image

  • R

    Buyer's Agent in 2017

    Ramon Betances

    Century 21 Limitless

    (401) 824-9864

    33 Total Sales

    Ramon Betances
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333145

State-Wide MLS

APN: PROV-450656-000000-000000

Rhode Island Providence County Providence 02905 Upper South Providence

501 Public St, Providence, RI

This home is located at 501 Public St, Providence, RI 02907 since 11 April 2023 and is currently estimated at $538,144, approximately $223 per square foot. This property was built in 1920. 501 Public St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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