NOT LISTED FOR SALE

57 Lexington Ave Unit 59 North Providence, RI 02904

Geneva Neighborhood

Estimated Value: $438,000 - $503,000

4 Beds
2 Baths
3,024 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $230,000 $76 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,924/month

34 Days on Market

Highlights

  • Bathtub with Shower
  • Public Transportation
  • Property near a hospital
  • Storage Room
  • Shops
  • Ceramic Tile Flooring

About This Home

As of September 2018

Well kept two family with many updates off of Mineral Spring Avenue. Constructed in 1975, vinyl exterior, spacious 1000 sf plus units. Always rented and more than comfortable for the owner occupant. Pleasant grass back yard & deck off 2nd floor unit. Parking at property for four cars plus. This property has been maintained over the years and is ready for the turn key investor or to be enjoyed by an owner occupant. The vacancy rate last few years has been 0%. These units are very popular to rent.

Last Agent to Sell the Property

Rani Vails

Divine Investments License #REC.0016168 Listed on: 07/18/2018

Last Buyer's Agent

Jasmine Melo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1975

Lot Details

  • 4,500

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property
  • Storage Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 4,500 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 410
  • Assessor Parcel Number 5759LEXINGTONAVNPRO

Community Details

Overview

  • 4 Units
  • Off Mineral Spring Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $2,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,768

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Subdivision Name: Off Mineral Spring
  • Above Grade Finished Sq Ft: 3024.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4500.0
  • Parcel #: 5759LEXINGTONAVNPRO
  • Zoning: 2 family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2695.0

Tax Info

  • Tax Annual Amount: 4768.0
  • Tax Lot: 410
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 21, 2018
Sold by
Xiarhos Denise F and Bucci Leslie
Bought by
Pereira Victor J
Seller's Agent
Rani Vails
Divine Investments
Buyer's Agent
Jasmine Melo
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$472,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,624
Avg. Annual Appreciation
10.66%
Original Mortgage
$225,834
Outstanding Balance
$196,535
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$276,089

Purchase Details

Closed on
Nov 10, 1977
Bought by
Mansolillo Peter A and Mansolillo Angelina
Source: Public Records

Range of Values:

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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
Pereira Victor J $230,000 --
Pereira Victor J $230,000 --
Mansolillo Peter A $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Victor J $225,834
Closed Mansolillo Peter A $225,834
Previous Owner Mansolillo Peter A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $230,000 -2.1% $76 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $235,000 -- $78 / 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 $5,350 $322,100 $66,100 $256,000
2023 $5,350 $322,100 $66,100 $256,000
2022 $5,018 $220,000 $56,100 $163,900
2021 $5,018 $220,000 $56,100 $163,900
2020 $5,018 $220,000 $56,100 $163,900
2017 $4,768 $182,400 $50,700 $131,700
2016 $3,864 $138,300 $44,400 $93,900
2015 $3,864 $138,300 $44,400 $93,900
2014 $3,864 $138,300 $44,400 $93,900
Source: Public Records

Agents Affiliated with this Home

  • Rani Vails

    Seller's Agent in 2018

    Rani Vails

    Divine Investments

    (401) 743-2048

    11 Total Sales

    Rani Vails
    Section Image

  • J

    Buyer's Agent in 2018

    Jasmine Melo

  • J

    Buyer's Agent in 2018

    Jasmine Marques

    Coldwell Banker Realty

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1198169

State-Wide MLS

APN: NPRO-000005-000000-000410

Rhode Island Providence County North Providence 02904 Geneva

57 Lexington Ave Unit 59, North Providence, RI

This home is located at 57 Lexington Ave Unit 59, North Providence, RI 02904 since 18 July 2018 and is currently estimated at $472,624, approximately $156 per square foot. This property was built in 1975. 57 Lexington Ave Unit 59 is a home located in Providence County with nearby schools including North Providence High School, St. Augustine School, and The San Miguel School.

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