NOT LISTED FOR SALE

56 Walnut St East Providence, RI 02914

Estimated Value: $404,918 - $486,000

4 Beds
2 Baths
1,672 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $340,000 $203 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,764/month

7 Days on Market

Highlights

  • Plywood Flooring
  • Bathtub with Shower
  • Public Transportation
  • 3 Car Detached Garage
  • Tankless Water Heater
  • Property near a hospital

About This Home

As of October 2022

Highest and best due by Sunday 9/11 at 5 pm. Solid two-family home in desirable East Providence! Great investment opportunity, both units offer 2 beds and 1 bath. 3 Bay Garage with a connected workshop on site and ample parking for tenants and owners. The first floor has a good amount of living space, a pellet stove, and use of the large deck in the back of the property. 2nd floor needs some love but can be made move-in ready in a small amount of time. This home has a brand new roof on both the home and garage, updated electrical, and a newer furnace. Call today for an appointment to view. Sold As-Is. May not pass VA or FHA.

Last Agent to Sell the Property

Steven Bassett

RE/MAX Host of Homes License #REB.0019150 Listed on: 09/04/2022

RE/MAX Host of Homes

Last Buyer's Agent

Mariana Freitas Novo

William Raveis Inspire License #RES.0041625

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert

Flooring

  • Plywood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Steam
  • 200+ Amp Service
  • Tankless Water Heater

Additional Features

  • 5,227 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 56WALNUTSTEPRO

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 1672.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Plywood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam, Pellet Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 56WALNUTSTEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3600.0
  • Tax Lot: 39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Oct 7, 2022
Sold by
Paquete Michael
Bought by
Maung Oakgar
Seller's Agent
Steven Bassett
RE/MAX Host of Homes
Buyer's Agent
Mariana Freitas Novo
William Raveis Inspire
List Price
$289,900
Sold Price
$340,000
Premium/Discount to List
$50,100
17.28%
Views
107
Current Estimated Value
$441,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,161
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Duvally John P and Duvally Johnc
Bought by
Paquette Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maung Oakgar $340,000 None Available
Maung Oakgar $340,000 None Available
Paquette Michael $105,000 --
Paquette Michael $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maung Oakgar $262,000
Closed Maung Oakgar $100,000
Previous Owner Paquette Michael $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $340,000 +17.3% $203 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $289,900 -- $173 / 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 $4,335 $282,800 $77,000 $205,800
2023 $4,174 $282,800 $77,000 $205,800
2022 $3,721 $170,200 $44,600 $125,600
2021 $3,659 $170,200 $40,300 $129,900
2020 $3,504 $170,200 $40,300 $129,900
2019 $3,407 $170,200 $40,300 $129,900
2018 $3,546 $155,000 $42,100 $112,900
2017 $3,467 $155,000 $42,100 $112,900
2016 $3,450 $155,000 $42,100 $112,900
2015 $3,619 $157,700 $34,000 $123,700
2014 $3,619 $157,700 $34,000 $123,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1319299

State-Wide MLS

APN: EPRO-000106-000003-000039