NOT LISTED FOR SALE

53 Vernon St Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $669,000 - $774,000

6 Beds
2 Baths
3,001 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $249,000 $83 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,055/month

83 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • 1 Fireplace
  • Shops
  • Fenced

About This Home

As of August 2015

Great two unit in wonderful location. Enjoy the restaurants and shops of Federal Hill! Meticulously maintained units! Victorian with many period details with high ceilings and a great fenced private backyard.

Last Agent to Sell the Property

Stephen Gachowski

Homistic Real Estate, Inc. License #REB.0018083 Listed on: 04/27/2015

Last Buyer's Agent

Stephen Gachowski

Homistic Real Estate, Inc. License #REB.0018083 Listed on: 04/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 1897

Lot Details

  • 2,925 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Clapboard

Interior Spaces

  • 3,001 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 96
  • Assessor Parcel Number 53VERNONSTPROV

Community Details

Overview

  • 2 Units
  • Broadway/Federal Hil Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,198

Year Built

Built in 1897

Lot Details

2,925 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0671
  • Subdivision Name: BROADWAY/FEDERAL HIL
  • Above Grade Finished Sq Ft: 3001.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1897
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Wood
  • Living Area: 3001.0
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Construction Type: Clapboard
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2925.0
  • Parcel #: 53VERNONSTPROV

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5198.0
  • Tax Lot: 96
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Aug 20, 2015
Sold by
Mclane Hannah
Bought by
King Jamison W and Amaral Shayne M
Seller's Agent
Stephen Gachowski
Homistic Real Estate, Inc.
Buyer's Agent
Stephen Gachowski
Homistic Real Estate, Inc.
List Price
$259,900
Sold Price
$249,000
Premium/Discount to List
-$10,900
-4.19%
Current Estimated Value
$716,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,227
Avg. Annual Appreciation
10.53%
Original Mortgage
$140,000
Outstanding Balance
$110,259
Interest Rate
4.07%
Estimated Equity
$605,968

Purchase Details

Closed on
Nov 14, 2013
Sold by
West Side Properties L
Bought by
Mclane Hannah

Purchase Details

Closed on
Jun 22, 2012
Sold by
Mclane Hannah and Mclane Susan
Bought by
West Side Props Llc

Purchase Details

Listed on
Aug 18, 2011
Closed on
Jan 3, 2012
Sold by
Oconnor Paul W and Ramp 2005R56 T
Bought by
Ramp 2005R56 T and Bank Of New York T Co
Seller's Agent
Matthew Hevenor
Start Realty
Buyer's Agent
The Storm Team
Start Realty
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Oct 18, 2004
Sold by
Fitzmaurice Scott
Bought by
Oconnor Paul W

Purchase Details

Closed on
Jun 24, 2003
Sold by
Needel Jay
Bought by
Fitzmaurice Scott

Purchase Details

Closed on
May 7, 2002
Sold by
Demaio Antoinette S
Bought by
Needel Jay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King Jamison W $249,000 --
Mclane Hannah -- --
West Side Props Llc -- --
Ramp 2005R56 T $148,200 --
Oconnor Paul W $269,000 --
Fitzmaurice Scott $180,000 --
Needel Jay $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needel Jay $140,000
Open Needel Jay $244,489
Previous Owner Needel Jay $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2015 08/19/15 Sold $249,000 -4.2% $83 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $259,900 +108.1% $87 / Sq Ft
02/07/2012 02/07/12 Sold $124,900 0.0% $42 / Sq Ft View Prior Sale
01/08/2012 01/08/12 Pending -- -- --
08/18/2011 08/18/11 For Sale $124,900 -- $42 / 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 $4,507 $596,900 $256,500 $340,400
2024 $8,213 $447,600 $207,200 $240,400
2023 $8,213 $447,600 $207,200 $240,400
2022 $7,967 $447,600 $207,200 $240,400
2021 $7,014 $285,600 $132,200 $153,400
2020 $7,014 $285,600 $132,200 $153,400
2019 $7,014 $285,600 $132,200 $153,400
2018 $6,939 $217,100 $76,500 $140,600
2017 $6,939 $217,100 $76,500 $140,600
2016 $6,939 $217,100 $76,500 $140,600
2015 $5,097 $154,000 $76,500 $77,500
2014 $5,198 $154,000 $76,500 $77,500
2013 $5,198 $154,000 $76,500 $77,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephen Gachowski

    Homistic Real Estate, Inc.

  • M

    Seller's Agent in 2012

    Matthew Hevenor

    Start Realty

    (401) 952-8700

    2 Total Sales

    Matthew Hevenor
    Section Image

  • T

    Buyer's Agent in 2012

    The Storm Team

    Start Realty

    (401) 952-8700

    59 Total Sales

    The Storm Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1094119

State-Wide MLS

APN: PROV-280096-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

53 Vernon St, Providence, RI

Not Listed for Sale

MultiFamily

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