NOT LISTED FOR SALE

51 Covell St Providence, RI 02909

Olneyville Neighborhood

Estimated Value: $544,000 - $567,000

6 Beds
3 Baths
2,388 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $90,000 $38 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $3,459/month

26 Days on Market

About This Home

As of August 2017

CHARMING 3-FAMILY HOME FILLED WITH DESIRABLE FEATURES! 2 BEDS, AND 1 FULL BATH ON EACH LEVEL, AND SPACIOUS ROOMS FILLED WITH NATURAL LIGHT. FULL BASEMENT WITH TONS OF EXTRA STORAGE SPACE AND LAUNDRY AREA WITH EASY ACCESS FROM ALL FLOORS. LEVEL FENCED IN YARD PERFECT FOR ENTERTAINING!

Last Agent to Sell the Property

James Macchio

Agnelli Real Estate License #REB.0018317 Listed on: 06/12/2017

Last Buyer's Agent

Walt Buteau

Engel & Volkers Oceanside License #RES.0029448

Engel & Volkers Oceanside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • 2,388 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 51COVELLSTPROV

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Above Grade Finished Sq Ft: 2388.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 51COVELLSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3201.0
  • Tax Lot: 1
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 9, 2017
Sold by
Us Bank Na Tr
Bought by
Vargas Joseph
Seller's Agent
James Macchio
Agnelli Real Estate
Buyer's Agent
Walt Buteau
Engel & Volkers Oceanside
List Price
$84,900
Sold Price
$90,000
Premium/Discount to List
$5,100
6.01%
Current Estimated Value
$559,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,000
Avg. Annual Appreciation
24.91%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Izzo Joseph and Us Bank Na
Bought by
Us Bank Na Tr

Purchase Details

Closed on
May 1, 2003
Sold by
Pallotta Michael J
Bought by
Objio Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Dagostino Linda M and Slowik Joann M
Bought by
Pallotta Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,854
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vargas Joseph $90,000 --
Us Bank Na Tr $125,000 --
Objio Maritza $157,000 --
Pallotta Michael J $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Joseph $232,500
Closed Vargas Joseph $232,000
Closed Vargas Joseph $152,000
Previous Owner Pallotta Michael J $125,600
Previous Owner Pallotta Michael J $23,550
Previous Owner Pallotta Michael J $84,854
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $90,000 +6.0% $38 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $84,900 -- $36 / 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 $5,756 $313,700 $71,300 $242,400
2023 $5,756 $313,700 $71,300 $242,400
2022 $5,584 $313,700 $71,300 $242,400
2021 $4,379 $178,300 $33,200 $145,100
2020 $4,379 $178,300 $33,200 $145,100
2019 $4,973 $202,500 $33,200 $169,300
2018 $3,487 $109,100 $27,400 $81,700
2017 $3,487 $109,100 $27,400 $81,700
2016 $3,487 $109,100 $27,400 $81,700
2015 $3,201 $96,700 $32,900 $63,800
2014 $3,264 $96,700 $32,900 $63,800
2013 $3,264 $96,700 $32,900 $63,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Macchio

    Agnelli Real Estate

  • W

    Buyer's Agent in 2017

    Walt Buteau

    Engel & Volkers Oceanside

    (401) 339-0090

    15 Total Sales

    Walt Buteau
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Map

Source: State-Wide MLS

MLS Number: 1164346

State-Wide MLS

APN: PROV-630321-000000-000000

Rhode Island Providence County Providence 02909 Olneyville

51 Covell St, Providence, RI

This home is located at 51 Covell St, Providence, RI 02909 since 12 June 2017 and is currently estimated at $559,000, approximately $234 per square foot. This property was built in 1920. 51 Covell St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Laurel Hill Annex School.

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