NOT LISTED FOR SALE

58 Colonial Rd Providence, RI 02906

Estimated Value: $760,000 - $826,000

4 Beds
1.5 Baths
2,480 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $425,000 $171 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,533/month

50 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Game Room
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2019

Classic (4Bed/1.5Bath) East Side colonial offers bright open layout w/ hardwood floors and charming period details throughout. Keynote features include spacious Living Room with fireplace, eat-in Kitchen, generous size Bedrooms as well as large oversize Bathroom with dual vanity, granite counter tops and tons of storage. The (3rd) floor features a flex space which can be used as an extra Bedroom, Family Room, or perfect home office space. A new finished lower level features a Rec' Room with fireplace, built-in wall storage spaces as well as full Laundry Room. The property is highlighted by a sweet fenced yard for privacy with multi tiered lawn areas perfect for entertaining and gardening. Tucked away on quiet street yet minutes to the Universities, Hospitals, Train Station, highways and walk to all of the local shops + restaurants along the Hope Street Village. Awesome opportunity and value.

Last Agent to Sell the Property

Joshua Cullion

Mott & Chace Sotheby's Intl. License #REB.0016942 Listed on: 03/11/2019

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Anthony Young

Coldwell Banker Realty License #RES.0030436

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1940

Lot Details

  • 4,356

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Storage Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

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

Additional Features

  • 4,356 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 311
  • Assessor Parcel Number 58COLONIALRDPROV

Community Details

Overview

  • Summit / Hope Village / East Side Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,529

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Summit / Hope Village / East Side
  • Above Grade Finished Sq Ft: 1984.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • 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: 496.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Internal Expansion, Tub Shower
  • Living Area: 2480.0
  • Dining Room Type: Game Room, Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding, Brick, Masonry
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter, See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 58COLONIALRDPROV
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6529.0
  • Tax Lot: 311
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 30, 2019
Sold by
Welch Matthew D and Welch Paula
Bought by
Welsch Kevin T and Welsch Mandy M
Seller's Agent
Joshua Cullion
Mott & Chace Sotheby's Intl.
Buyer's Agent
Anthony Young
Coldwell Banker Realty
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$785,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,209
Avg. Annual Appreciation
9.67%
Original Mortgage
$412,250
Outstanding Balance
$359,439
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$425,770

Purchase Details

Closed on
Sep 26, 2014
Sold by
Welch Matthew D and Welch Paula
Bought by
Welch Matthew D and Welch Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.12%

Purchase Details

Closed on
Oct 21, 2005
Sold by
Burke Paul S
Bought by
Welch Matthew D and Bassi Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Welsch Kevin T $425,000 --
Welch Matthew D -- --
Welch Matthew D $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsch Kevin T $412,250
Previous Owner Welch Matthew D $342,000
Previous Owner Welch Matthew D $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $425,000 0.0% $171 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $425,000 -- $171 / 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 $5,461 $650,100 $370,300 $279,800
2024 $9,489 $517,100 $249,500 $267,600
2023 $9,489 $517,100 $249,500 $267,600
2022 $9,204 $517,100 $249,500 $267,600
2021 $9,588 $390,400 $197,400 $193,000
2020 $9,222 $375,500 $197,400 $178,100
2019 $9,222 $375,500 $197,400 $178,100
2018 $11,100 $347,300 $170,900 $176,400
2017 $11,100 $347,300 $170,900 $176,400
2016 $11,100 $347,300 $170,900 $176,400
2015 $10,397 $314,100 $159,500 $154,600
2014 $10,601 $314,100 $159,500 $154,600
2013 $10,601 $314,100 $159,500 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1217074

State-Wide MLS

APN: PROV-730311-000000-000000