Seller's Agent in 2024
Ramiro Encizo
Residential Properties Ltd.
(646) 275-4542
6 in this area
102 Total Sales
589 Public St Providence, RI 02907
Elmwood NeighborhoodEstimated Value: $519,000 - $696,407
6
Beds
3
Baths
2,467
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- 0.22 Acre Lot
- Thermal Windows
- Bathtub with Shower
- Wood Flooring
- Porch
- Tankless Water Heater
About This Home
As of April 2024This large two-family home has been fully renovated to showcase spacious, open concept living on three floors. The first floor unit consists of two bedrooms, one full bathroom with laundry hookups, and a beautiful kitchen with plenty of storage, new stainless steel appliances, plus more than enough prep space with the gleaming quartz countertops. The second floor mirrors the first, while two additional bedrooms, an office space, and a second full bathroom complete the third floor. Situated on a double lot, with R-3 zoning, this property offers the potential to build an additional three units for maximum cash flow. The upgrades are numerous, including: new roof, new floors, windows, siding, rebuilt front porches, new kitchens, bathrooms, plumbing, high efficiency heating, insulation, new electrical systems, walls and ceilings. Move right in and enjoy top-dollar market rents, or add to your property portfolio for maximized returns.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0042346 Listed on: 03/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,058
Year Built
- Built in 1900
Lot Details
- 9,583
Home Design
- Combination Foundation
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 2,467 Sq Ft Home
- 4-Story Property
- Thermal Windows
- Laundry in unit
Kitchen
- Oven
- Range
- Microwave
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 9 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Propane
- Baseboard Heating
- 100 Amp Service
- Tankless Water Heater
Additional Features
- Porch
- 9,583 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 22
- Assessor Parcel Number 589PUBLICSTPROV
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Additional Features
- 2 Units
- Operating Expense $5,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2024
Closed on
Apr 19, 2024
Sold by
Magana Proeprties Inc
Bought by
Ebozue Collins
Seller's Agent
Ramiro Encizo
Residential Properties Ltd.
Buyer's Agent
William Thompson
Keller Williams Realty
List Price
$609,000
Sold Price
$635,000
Premium/Discount to List
$26,000
4.27%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,602
Avg. Annual Appreciation
0.05%
Original Mortgage
$613,806
Outstanding Balance
$607,230
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$28,180
Purchase Details
Listed on
Jul 26, 2023
Closed on
Jul 31, 2023
Sold by
Francis Wayne
Bought by
Dileonardo Salvatore and Dileonardo Patricia
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Ramiro Encizo
Residential Properties Ltd.
List Price
$260,000
Sold Price
$260,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
239.81%
Original Mortgage
$150,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 26, 2023
Closed on
Jul 21, 2023
Sold by
Dileonardo Patricia M
Bought by
Magana Properties Inc
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Ramiro Encizo
Residential Properties Ltd.
List Price
$260,000
Sold Price
$260,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2022
Sold by
Providence City Of
Bought by
Payen Manasse
Purchase Details
Closed on
Oct 1, 2020
Sold by
Providence City Of
Bought by
Lafortune Fred
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ebozue Collins | $635,000 | None Available | |
| Ebozue Collins | $635,000 | None Available | |
| Dileonardo Salvatore | -- | None Available | |
| Dileonardo Salvatore | -- | None Available | |
| Magana Properties Inc | $260,000 | None Available | |
| Magana Properties Inc | $260,000 | None Available | |
| Payen Manasse | $2,892 | None Available | |
| Payen Manasse | $2,892 | None Available | |
| Lafortune Fred | $2,667 | None Available | |
| Lafortune Fred | $2,667 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ebozue Collins | $613,806 | |
| Closed | Ebozue Collins | $613,806 | |
| Previous Owner | Magana Properties Inc | $500,000 | |
| Previous Owner | Magana Properties Inc | $60,000 | |
| Previous Owner | Magana Properties Inc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $635,000 | +4.3% | $257 / Sq Ft |
| 03/07/2024 03/07/24 | For Sale | $609,000 | +134.2% | $247 / Sq Ft |
| 07/26/2023 07/26/23 | Sold | $260,000 | 0.0% | $110 / Sq Ft |
| 07/26/2023 07/26/23 | For Sale | $260,000 | -- | $110 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,184 | $228,000 | $55,800 | $172,200 |
| 2023 | $4,184 | $228,000 | $55,800 | $172,200 |
| 2022 | $4,058 | $228,000 | $55,800 | $172,200 |
| 2021 | $2,675 | $108,900 | $42,800 | $66,100 |
| 2020 | $2,675 | $108,900 | $42,800 | $66,100 |
| 2019 | $2,675 | $108,900 | $42,800 | $66,100 |
| 2018 | $2,323 | $72,700 | $29,200 | $43,500 |
| 2017 | $2,323 | $72,700 | $29,200 | $43,500 |
| 2016 | $2,186 | $68,400 | $24,900 | $43,500 |
| 2015 | $2,188 | $66,100 | $30,400 | $35,700 |
| 2014 | $2,433 | $72,100 | $30,400 | $41,700 |
| 2013 | $2,433 | $72,100 | $30,400 | $41,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ramiro Encizo
-
William Thompson
Buyer's Agent in 2024
William Thompson
Keller Williams Realty
(774) 280-5764
1 in this area
220 Total Sales
-
Jim DeRentis
Seller's Agent in 2023
Jim DeRentis
Residential Properties Ltd.
(401) 529-2188
2 in this area
489 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1354229
APN: PROV-440022-000000-000000
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