NOT LISTED FOR SALE

567 Prairie Ave Providence, RI 02905

Lower South Providence Neighborhood

Estimated Value: $370,770 - $623,000

9 Beds
3 Baths
2,160 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $40,000 $19 Per Sq Ft

Est. 1,192% increase in value since last sale

Current estimated payment $3,176/month

345 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of February 2017

Corporate owned property to sell as is. House has been vandalized. No heating systems. Property need complete renovation. Buyer must assume all violations. All offers must include proof of funds or pre-qual letter.

Last Agent to Sell the Property

John Gower

Gower And Co. License #REB.0015278 Listed on: 02/06/2016

Last Buyer's Agent

Joe DeChristofaro

RI Realty Sales & Mgt License #REB.0016149

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,345 Sq Ft Lot

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 567PRAIRIEAVPROV

Community Details

Overview

  • 3 Units
  • South Providence Subdivision

Building Details

  • Operating Expense $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0768
  • Subdivision Name: SOUTH PROVIDENCE
  • Above Grade Finished Sq Ft: 2160.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: RealEstateOwned

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: 9
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 2160.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3345.0
  • Parcel #: 567PRAIRIEAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 2999.0
  • Tax Lot: 80
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Feb 17, 2017
Sold by
Fhlmc
Bought by
Pierre Luc H
Seller's Agent
John Gower
Gower And Co.
Buyer's Agent
Joe DeChristofaro
RI Realty Sales & Mgt
List Price
$39,900
Sold Price
$40,000
Premium/Discount to List
$100
0.25%
Current Estimated Value
$516,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,943
Avg. Annual Appreciation
33.66%

Purchase Details

Closed on
May 6, 2014
Sold by
Mercardo Angelica and Nationstar Mortgage Ll
Bought by
Fhlmc

Purchase Details

Closed on
Sep 23, 2008
Sold by
Valdera Amaurys J
Bought by
Mercado Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2008
Sold by
First National Bank Of
Bought by
Valdara Amaurys J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2008
Sold by
Ricker John
Bought by
First National Bk Ariz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2007
Sold by
Aragao Jason
Bought by
Ricker John

Purchase Details

Closed on
Mar 30, 2007
Sold by
Wells Fargo Bk Na and Option One Mtg Loan
Bought by
Aragao Jason

Purchase Details

Closed on
Aug 10, 2006
Sold by
Harris Allen and Anaya Nayda
Bought by
Harris Allen

Purchase Details

Closed on
Jun 27, 2005
Sold by
Cannon Frank
Bought by
Martinez Onassis B

Purchase Details

Closed on
Jun 5, 2001
Sold by
Karahalis Andrew
Bought by
Cannon Frank
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
Pierre Luc H $40,000 --
Fhlmc $78,000 --
Mercado Angelica $247,000 --
Valdara Amaurys J $60,000 --
First National Bk Ariz $165,000 --
Ricker John $269,000 --
Aragao Jason $150,000 --
Harris Allen $2,989 --
Martinez Onassis B $260,000 --
Cannon Frank $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon Frank $197,600
Previous Owner Cannon Frank $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $40,000 +0.3% $19 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
02/06/2016 02/06/16 For Sale $39,900 -- $18 / 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 $5,068 $276,200 $75,400 $200,800
2023 $5,068 $276,200 $75,400 $200,800
2022 $4,916 $276,200 $75,400 $200,800
2021 $2,026 $82,500 $33,200 $49,300
2020 $2,026 $82,500 $33,200 $49,300
2019 $2,026 $82,500 $33,200 $49,300
2018 $3,733 $116,800 $30,200 $86,600
2017 $3,733 $116,800 $30,200 $86,600
2016 $3,733 $116,800 $30,200 $86,600
2015 $2,999 $90,600 $30,200 $60,400
2014 $3,058 $90,600 $30,200 $60,400
2013 $3,058 $90,600 $30,200 $60,400
Source: Public Records

Agents Affiliated with this Home

  • John Gower

    Seller's Agent in 2017

    John Gower

    Gower And Co.

    (401) 339-0900

    17 Total Sales

    John Gower
    Section Image
  • Joe DeChristofaro

    Buyer's Agent in 2017

    Joe DeChristofaro

    RI Realty Sales & Mgt

    (401) 837-1976

    39 Total Sales

    Joe DeChristofaro
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1117334

State-Wide MLS

APN: PROV-530080-000000-000000

Rhode Island Providence County Providence 02905 Lower South Providence

567 Prairie Ave, Providence, RI

This home is located at 567 Prairie Ave, Providence, RI 02905 since 06 February 2016 and is currently estimated at $516,943, approximately $239 per square foot. This property was built in 1920. 567 Prairie Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

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