NOT LISTED FOR SALE

53 Fairmount Ave Providence, RI 02908

Mount Pleasant Neighborhood
8 Beds
4 Baths
4,472 Sq Ft
3,049 Sq Ft Lot Lot

Sale Details

Date Sold: May 9, 2022

Last sale price $445,000 $100 Per Sq Ft

5 Days on Market

Highlights

  • Golf Course Community
  • Recreation Facilities
  • Laundry Room
  • Wood Flooring
  • Thermal Windows
  • Public Transportation

About This Home

As of May 2022

Fully rented 4 Family in Mount Pleasent neighborhood of Providence. Great cash flow, ample parking, close to the local colleges, retail centers and bus lines. two 1 Bed apartments, two 3 Bed apartments. Brand new Fire Alarm System. // OPEN HOUSE IS CANCELLED

Last Agent to Sell the Property

Frank Miele

Prime Time Properties, Inc. License #REC.0009744 Listed on: 04/06/2022

Co-Listed By

Michael Forte

Prime Time Properties, Inc. License #RES.0045159

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1920

Lot Details

  • 3,049

Home Design

  • Combination Foundation
  • Aluminum Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,472 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 3,049 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 400
  • Assessor Parcel Number 5355FAIRMOUNTAVPROV

Community Details

Overview

  • 4 Units
  • Mount Pleasant Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $13,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,584

Year Built

Built in 1920

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: PTPR
  • Co List Office Phone: 401-454-1300
  • Subdivision Name: MOUNT PLEASANT
  • Above Grade Finished Sq Ft: 4472.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 5355FAIRMOUNTAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 13609.0

Tax Info

  • Tax Annual Amount: 3583.6
  • Tax Lot: 400
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $445,000 +3.5% $100 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $429,900 -- $96 / Sq Ft
Source: State-Wide MLS

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
2025 $6,468 $462,000 $110,700 $351,300
2024 $5,599 $305,100 $67,200 $237,900
2023 $5,599 $305,100 $67,200 $237,900
2022 $5,431 $305,100 $67,200 $237,900
2021 $4,661 $189,800 $45,100 $144,700
2020 $4,661 $189,800 $45,100 $144,700
2019 $4,661 $189,800 $45,100 $144,700
2018 $5,011 $156,800 $35,600 $121,200
2017 $5,011 $156,800 $35,600 $121,200
2016 $5,011 $156,800 $35,600 $121,200
2015 $3,701 $111,800 $30,100 $81,700
2014 $3,773 $111,800 $30,100 $81,700
2013 $3,773 $111,800 $30,100 $81,700
Source: Public Records

Agents Affiliated with this Home

  • Frank Miele

    Seller's Agent in 2022

    Frank Miele

    Prime Time Properties, Inc.

    (401) 454-1300

    1 in this area

    48 Total Sales

    Frank Miele
    Section Image
  • Michael Forte

    Seller Co-Listing Agent in 2022

    Michael Forte

    Prime Time Properties, Inc.

    (401) 300-1353

    1 in this area

    40 Total Sales

    Michael Forte
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1306890

State-Wide MLS

APN: PROV P:0640400 L:0000

Rhode Island Providence County Providence 02908 Mount Pleasant

53 Fairmount Ave, Providence, RI

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