NOT LISTED FOR SALE

55 Methyl St Providence, RI 02906

Blackstone Neighborhood

Estimated Value: $842,038 - $975,000

7 Beds
3 Baths
3,100 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $467,000 $151 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,606/month

165 Days on Market

Highlights

  • Cathedral Ceiling
  • Central Heating
  • Wood Siding
  • Wood Flooring
  • Baseboard Heating

About This Home

As of December 2017

Large 2 Family in Fantastic Neighborhood, close to Blackstone Blvd and Hope Village. Property has been updated with tile baths and granite kitchens, separate utilities and on site parking. First floor unit is large 2 BR, 1 Bath. Second and 3rd floor is huge Townhouse unit with 5 BR's and 2 full Baths. Property is fully leased with good tenants in place. Great Property in Great Location, Excellent Investment with great cash flow return.

Last Agent to Sell the Property

James Moore

Peter M. Scotti & Assoc.,Inc. License #RES.0028571 Listed on: 06/05/2017

Last Buyer's Agent

Joseph Hunt

Gold Door Realty License #RES.0041506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,438

Year Built

  • Built in 1930

Lot Details

  • 3,600 Sq Ft Lot

Home Design

  • Wood Siding
  • Clapboard

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 55-57MethylSTPROV

Community Details

Overview

  • 2 Units
  • Blackstone Blvd/Hope Village Subdivision

Building Details

  • Operating Expense $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,438

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0826
  • Subdivision Name: Blackstone Blvd/Hope Village
  • Above Grade Finished Sq Ft: 3100.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Drywall, Clapboard, Wood Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3600.0
  • Parcel #: 55-57MethylSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 11700.0

Tax Info

  • Tax Annual Amount: 9438.0
  • Tax Lot: 103
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Dec 18, 2017
Sold by
Baskin Aaron and Baskin Tsily
Bought by
Dinapoli Arian N
Seller's Agent
James Moore
Peter M. Scotti & Assoc.,Inc.
Buyer's Agent
Joseph Hunt
Gold Door Realty
List Price
$495,000
Sold Price
$467,000
Premium/Discount to List
-$28,000
-5.66%
Current Estimated Value
$901,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,510
Avg. Annual Appreciation
8.46%
Original Mortgage
$350,250
Outstanding Balance
$297,667
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$603,843
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dinapoli Arian N $467,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinapoli Arian N $350,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $467,000 -5.7% $151 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $495,000 -- $160 / 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 $11,088 $792,000 $366,200 $425,800
2024 $10,171 $554,300 $246,800 $307,500
2023 $10,171 $554,300 $246,800 $307,500
2022 $9,867 $554,300 $246,800 $307,500
2021 $10,661 $434,100 $191,100 $243,000
2020 $10,661 $434,100 $191,100 $243,000
2019 $10,661 $434,100 $191,100 $243,000
2018 $9,885 $309,300 $165,400 $143,900
2017 $9,438 $295,300 $165,400 $129,900
2016 $9,438 $295,300 $165,400 $129,900
2015 $9,089 $274,600 $154,400 $120,200
2014 $9,268 $274,600 $154,400 $120,200
2013 $9,268 $274,600 $154,400 $120,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Moore

    Peter M. Scotti & Assoc.,Inc.

    Section Image
  • Joseph Hunt

    Buyer's Agent in 2017

    Joseph Hunt

    Gold Door Realty

    (774) 262-7712

    53 Total Sales

    Joseph Hunt
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1163591

State-Wide MLS

APN: PROV-920103-000000-000000

Rhode Island Providence County Providence 02906 Blackstone

55 Methyl St, Providence, RI

Not Listed for Sale

MultiFamily

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