NOT LISTED FOR SALE

573 Academy Ave Unit 3 Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $488,000 - $577,000

5 Beds
2 Baths
2,200 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $370,000 $168 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,365/month

56 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Porch
  • Wood Flooring
  • Recreation Facilities
  • 3-minute walk to Fargnoli Park

About This Home

As of April 2021

Space galore in this 5 bed, two full bath 2200 Sq ft townhouse/penthouse condominium. Original moldings, recessed lights and hardwoods with all the bells and whistles. Including granite countertops, Viking stove, central air, expansive living room with bar area, and intimate dining room. Privat front porch area.energy efficient Navien gas hot water tank on demand. Parking for two. Low condo fees. Close to LaSalle Bakery, Fargnoli park, area hospitals and universities. Two miles to train station

Last Agent to Sell the Property

Bethany Martone

Cathedral Properties License #REB.0018116 Listed on: 01/05/2021

Last Buyer's Agent

Robert Shavers

Mission Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1925

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Legal Lot and Block 3 / 84
  • Assessor Parcel Number 573ACADEMYAV3PROV

Community Details

Overview

  • 3 Units
  • Elmhurst Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,400

Year Built

Built in 1925

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Elmhurst
  • Above Grade Finished Sq Ft: 2200.0
  • Building Name: 573 Academy Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1925
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2200.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 573ACADEMYAV3PROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Block: 84
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 2, 2021
Sold by
Martone Bethany M
Bought by
Shavers Claribel and Shavers Robert
Seller's Agent
Bethany Martone
Cathedral Properties
Buyer's Agent
Robert Shavers
Mission Realty
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Current Estimated Value
$518,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,103
Avg. Annual Appreciation
7.48%
Original Mortgage
$351,500
Outstanding Balance
$315,626
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,477
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
Shavers Claribel $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shavers Claribel $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $370,000 +2.8% $168 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $359,900 -- $164 / 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 $5,541 $379,500 $0 $379,500
2024 $6,446 $351,300 $0 $351,300
2023 $6,446 $351,300 $0 $351,300
2022 $6,253 $351,300 $0 $351,300
2021 $6,238 $254,000 $0 $254,000
2020 $6,238 $254,000 $0 $254,000
2019 $8,301 $338,000 $0 $338,000
Source: Public Records

Agents Affiliated with this Home

  • Bethany Martone

    Seller's Agent in 2021

    Bethany Martone

    Cathedral Properties

    (401) 265-0960

    2 in this area

    15 Total Sales

    Bethany Martone
    Section Image
  • Robert Shavers

    Buyer's Agent in 2021

    Robert Shavers

    Mission Realty

    (401) 447-4509

    1 in this area

    3 Total Sales

    Robert Shavers
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1272776

State-Wide MLS

APN: 83 84 3

Rhode Island Providence County Providence 02908 Elmhurst

573 Academy Ave Unit 3, Providence, RI

Not Listed for Sale

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