NOT LISTED FOR SALE

55 Chace Ave Unit 57 Providence, RI 02906

Hope Neighborhood

Estimated Value: $843,000 - $957,000

6 Beds
3 Baths
3,825 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $750,000 $196 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,729/month

9 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Workshop
  • Attic
  • Recreation Facilities
  • 3-minute walk to Summit Ave Playground (Kerry Kohring Park)

About This Home

As of July 2023

LOCATION!!! Here's your chance to live on the East Side and enjoy the nearby parks, playgrounds, restaurants and culture all within minutes. Super convenient to Rts 95, 146 and downtown. This HUGE 3 family has 2 great long term tenants and 1 unit has been owner-occupied for 24 years. There are 2 finished rooms on 4th floor for extra storage, workshop in basement, 3 sets of washers and dryers, hardwoods throughout, 2 car garage and so much more. Owner has retired and ready to move south.

Last Agent to Sell the Property

Bea Whitman

HomeSmart Professionals Listed on: 06/13/2023

HomeSmart Professionals

Last Buyer's Agent

Jess Powers

Real Broker, LLC License #REB.0018505

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,847

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,825 Sq Ft Home
  • 4-Story Property
  • Thermal Windows
  • Workshop
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 579
  • Assessor Parcel Number 5557CHACEAVPROV

Community Details

Overview

  • 3 Units
  • East Side / Summit Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $3,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,847

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: KELW03
  • Co List Office Phone: 401-333-4900
  • Inclusions: TAXES DO NOT REFLECT HOMESTEAD EXEMPTION. RENTS SHOULD BE MUCH HIGHER FOR AREA. ALL 3 UNITS HAVE EXACT SAME FLOOR PLAN.
  • Subdivision Name: East Side / Summit
  • Above Grade Finished Sq Ft: 3825.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathroom Rough-In, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 5557CHACEAVPROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3940.0

Tax Info

  • Tax Annual Amount: 10847.0
  • Tax Lot: 579
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 27, 2023
Sold by
Burkovskiy Tatyana and Burkovskiy Yevgeniy
Bought by
Holderfield Bradford L and Minik Natalie A
Seller's Agent
Bea Whitman
HomeSmart Professionals
Buyer's Agent
Jess Powers
Real Broker, LLC
List Price
$750,000
Sold Price
$750,000
Views
45
Current Estimated Value
$868,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,604
Avg. Annual Appreciation
6.88%
Original Mortgage
$600,000
Outstanding Balance
$588,974
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,545

Purchase Details

Closed on
Mar 12, 1999
Sold by
Ryan Dana F and Pisaturo Charles A
Bought by
Burkouskiy Yevgeniy and Nurkouskiy Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,914
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Holderfield Bradford L $750,000 None Available
Burkouskiy Yevgeniy $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holderfield Bradford L $600,000
Previous Owner Burkouskiy Yevgeniy $156,188
Previous Owner Burkouskiy Yevgeniy $94,534
Previous Owner Burkouskiy Yevgeniy $275,000
Previous Owner Burkouskiy Yevgeniy $167,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $750,000 0.0% $196 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $750,000 -- $196 / 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 $11,182 $609,400 $250,000 $359,400
2023 $11,182 $609,400 $250,000 $359,400
2022 $10,847 $609,400 $250,000 $359,400
2021 $10,399 $423,400 $198,900 $224,500
2020 $10,399 $423,400 $198,900 $224,500
2019 $10,399 $423,400 $198,900 $224,500
2018 $9,262 $289,800 $172,200 $117,600
2017 $9,262 $289,800 $172,200 $117,600
2016 $9,262 $289,800 $172,200 $117,600
2015 $8,110 $245,000 $160,800 $84,200
2014 $8,269 $245,000 $160,800 $84,200
2013 $8,269 $245,000 $160,800 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1337559

State-Wide MLS

APN: PROV-910579-000000-000000