NOT LISTED FOR SALE

59 Cypress St Providence, RI 02906

Mount Hope Neighborhood

Estimated Value: $740,975 - $836,000

9 Beds
3 Baths
5,919 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $540,000 $91 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,654/month

127 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Billy Taylor Park
  • Tankless Water Heater

About This Home

As of June 2021

Huge 3 family home on the East Side! Great rental income, and perfect for either an owner occupant or investor! Plenty of off street parking! Extremely well maintained with a young roof. Schedule a showing today!

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 01/18/2021

Century 21 Limitless

Last Buyer's Agent

Matthew Morrow

Steele Realty Consultants LLC License #RES.0044554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 5,919 Sq Ft Home
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 392
  • Assessor Parcel Number 5961CYPRESSSTPROV

Community Details

Overview

  • 3 Units
  • East Side Of Providence Subdivision

Building Details

  • Operating Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: East Side of Providence
  • Above Grade Finished Sq Ft: 5919.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1885
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 5961CYPRESSSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 7800.0
  • Tax Lot: 392
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jun 23, 2021
Sold by
Ventura-Urena Emmanuel
Bought by
Aguilar Jose G and Perez Gerson I
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Matthew Morrow
Steele Realty Consultants LLC
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Current Estimated Value
$790,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,581
Avg. Annual Appreciation
9.43%
Original Mortgage
$530,219
Outstanding Balance
$479,000
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$329,744

Purchase Details

Closed on
Aug 21, 2014
Sold by
Combies Adam and Hanson Matt
Bought by
Cypress Partners Llc

Purchase Details

Closed on
Mar 29, 2013
Sold by
Fang Zak
Bought by
Chu Joshua

Purchase Details

Closed on
Mar 21, 2013
Sold by
Studivant Yale Z
Bought by
Fang Zak
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aguilar Jose G $540,000 None Available
Cypress Partners Llc -- --
Chu Joshua $95,000 --
Fang Zak $26,070 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Jose G $530,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $540,000 -1.6% $91 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $549,000 +62.0% $93 / Sq Ft
03/07/2016 03/07/16 Sold $338,850 -8.4% $92 / Sq Ft View Prior Sale
02/06/2016 02/06/16 Pending -- -- --
08/07/2015 08/07/15 For Sale $369,900 -- $100 / 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 $5,939 $786,600 $285,200 $501,400
2024 $10,070 $548,800 $216,000 $332,800
2023 $10,070 $548,800 $216,000 $332,800
2022 $9,769 $548,800 $216,000 $332,800
2021 $7,800 $317,600 $101,100 $216,500
2020 $7,800 $317,600 $101,100 $216,500
2019 $7,800 $317,600 $101,100 $216,500
2018 $7,287 $228,000 $84,500 $143,500
2017 $7,287 $228,000 $84,500 $143,500
2016 $6,536 $204,500 $84,500 $120,000
2015 $5,756 $173,900 $97,800 $76,100
2014 $5,869 $173,900 $97,800 $76,100
2013 $5,724 $169,600 $97,800 $71,800
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2021

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    8 in this area

    1,829 Total Sales

    Kyle Seyboth
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Morrow

    Steele Realty Consultants LLC

    Section Image
  • Kevin Shepherd

    Buyer's Agent in 2016

    Kevin Shepherd

    Tidal Consultation LLC

    (401) 632-7470

    1 in this area

    35 Total Sales

    Kevin Shepherd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1273522

State-Wide MLS

APN: PROV-050392-000000-000000

Rhode Island Providence County Providence 02906 Mount Hope

59 Cypress St, Providence, RI

Not Listed for Sale

MultiFamily

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