NOT LISTED FOR SALE

56 Abbott St Providence, RI 02906

Mount Hope Neighborhood

Estimated Value: $211,000 - $506,000

4 Beds
1.5 Baths
3,004 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $465,000 $155 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,118/month

81 Days on Market

Highlights

  • Golf Course Community
  • Wood Burning Stove
  • Tennis Courts
  • Colonial Architecture
  • Wood Flooring
  • 3-minute walk to Billy Taylor Park

About This Home

As of April 2024

This is your chance to own a stunning piece of property on the East Side of Providence, Rhode Island! Not only will you be purchasing a beautiful and historic colonial home, but you will also be buying the possible buildable lot right next to it all for $500K! The main house has the potential to be converted into a 2 or 3-unit multifamily while the possible buildable lot is ready for new multifamily construction. Not only is this an amazing chance to own a home in the sought-after location of East Providence, but it is also an opportunity to have 2 multifamily properties in a high-demand area. Buyer to do all due diligence. Verbally told by Providence zoning confirming the home conversion and possible buildable lot. __________________________________________________________________________________________________________ This home is a Certified Pre-Owned Home . Please see the attachments for details. * 2,342 Per Month @ 5.78% APR. * 20% Down 30-Year to those who qualify. * Taxes insurance not included. * Rates As of April 2024. * Taxes reflect 45% homestead exemption.

Last Agent to Sell the Property

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 01/18/2024

Last Buyer's Agent

Robert Shavers

Mission Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1868

Lot Details

  • 9,184 Sq Ft Lot
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

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

Parking

  • 12 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 160,64
  • Assessor Parcel Number 56ABBOTTSTPROV

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,629

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2108
  • Above Grade Finished Sq Ft: 2056.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1868
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Disposal, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 948.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Wood Burning Stove
  • Living Area: 3004.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Brick, Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam, Wood
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9184.0
  • Parcel #: 56ABBOTTSTPROV
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5629.0
  • Tax Lot: 160,64
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 15, 2024
Sold by
Meo Margo
Bought by
Shavers Robert and Shavers Claribel
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
Robert Shavers
Mission Realty
List Price
$499,999
Sold Price
$465,000
Premium/Discount to List
-$34,999
-7%
Views
104
Current Estimated Value
$366,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,500
Avg. Annual Appreciation
-16.25%
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
Shavers Robert $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meo Margo $75,000
Previous Owner Meo Margo $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $465,000 -7.0% $155 / Sq Ft
01/18/2024 01/18/24 For Sale $499,999 -- $166 / 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 $1,347 $73,400 $73,400 $0
2023 $1,347 $73,400 $73,400 $0
2022 $1,307 $73,400 $73,400 $0
2021 $803 $32,700 $32,700 $0
2020 $803 $32,700 $32,700 $0
2019 $803 $32,700 $32,700 $0
2018 $920 $28,800 $28,800 $0
2017 $920 $28,800 $28,800 $0
2016 $920 $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Clark

    Seller's Agent in 2024

    Nathan Clark

    Your Home Sold Guaranteed, NCT

    (401) 232-8301

    3 in this area

    2,132 Total Sales

    Section Image
  • Robert Shavers

    Buyer's Agent in 2024

    Robert Shavers

    Mission Realty

    (401) 447-4509

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1351304

State-Wide MLS

APN: PROV-050160-000000-000000

Rhode Island Providence County Providence 02906 Mount Hope

56 Abbott St, Providence, RI

This home is located at 56 Abbott St, Providence, RI 02906 since 18 January 2024 and is currently estimated at $358,500, approximately $119 per square foot. This property was built in 1868. 56 Abbott St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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