NOT LISTED FOR SALE

Estimated Value: $615,636 - $689,000

6 Beds
3 Baths
4,313 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $500,000 $116 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,137/month

15 Days on Market

Highlights

  • Marina
  • 0.4 Acre Lot
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of July 2022

Multi-family home in desirable East Providence neighborhood! The location is close to excellent schools and recreational fields, with easy access to the highway as well. This property can be transitioned to a single family home, or you can rent upper and lower apartments separately. Each unit has been tastefully remodeled and would be ideal for an owner occupant investor as well! The first floor unit has a beautiful open floor plan, with a fabulous kitchen, large dining room, 4 good size bedrooms, 2 full bathrooms and laundry in the unit. The second unit has two bedrooms, a good size living room, eat in kitchen, and laundry hookups as well. The home exterior has maintenance free vinyl siding and there is plenty of parking. Long term tenants in place, on month to month leases. This is a RARE opportunity! You do not want to miss this one!

Last Agent to Sell the Property

Sara Karalekas

Keller Williams Leading Edge Listed on: 04/29/2022

Keller Williams Leading Edge

Last Buyer's Agent

Carmen Ribera

RE/MAX New Horizons License #RES.0045038

RE/MAX New Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,116

Year Built

  • Built in 1870

Lot Details

  • 0.4

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,313 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry in unit
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Water Heater

Additional Features

  • 0.4 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 54GARDINERAVEPRO

Community Details

Overview

  • 2 Units
  • Kent Heights Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,116

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Subdivision Name: Kent Heights
  • Above Grade Finished Sq Ft: 4313.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1870
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 54GARDINERAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7116.0
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 1, 2022
Sold by
Rondeau Christopher P
Bought by
Breve-Molina Saul E and Breve Zoila
Seller's Agent
Sara Karalekas
Keller Williams Leading Edge
Buyer's Agent
Carmen Ribera
RE/MAX New Horizons
List Price
$465,000
Sold Price
$500,000
Premium/Discount to List
$35,000
7.53%
Current Estimated Value
$658,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,409
Avg. Annual Appreciation
8.67%
Original Mortgage
$490,943
Outstanding Balance
$467,053
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,356

Purchase Details

Closed on
Jan 22, 2001
Sold by
Silva Joseph Est and Gilmete
Bought by
Rondeau Christopher P
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
Breve-Molina Saul E $500,000 None Available
Breve-Molina Saul E $500,000 None Available
Rondeau Christopher P $132,500 --
Rondeau Christopher P $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breve-Molina Saul E $490,943
Closed Breve-Molina Saul E $490,943
Previous Owner Rondeau Christopher P $253,357
Previous Owner Rondeau Christopher P $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $500,000 +7.5% $116 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $465,000 -- $108 / 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
2025 $8,297 $634,800 $142,500 $492,300
2024 $6,957 $453,800 $118,900 $334,900
2023 $6,698 $453,800 $118,900 $334,900
2022 $7,236 $331,000 $67,300 $263,700
2021 $7,117 $331,000 $65,400 $265,600
2020 $6,815 $331,000 $65,400 $265,600
2019 $6,627 $331,000 $65,400 $265,600
2018 $6,324 $276,400 $67,200 $209,200
2017 $6,183 $276,400 $67,200 $209,200
2016 $6,153 $276,400 $67,200 $209,200
2015 $5,873 $255,900 $59,300 $196,600
2014 $5,873 $255,900 $59,300 $196,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308864

State-Wide MLS

APN: EPRO-000407-000020-000002