NOT LISTED FOR SALE

59 Sumter St Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $517,000 - $658,000

9 Beds
3 Baths
5,540 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $110,000 $20 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $3,746/month

24 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation
  • Tennis Courts
  • Bathtub with Shower
  • 5-minute walk to Councilman Miguel Luna Memorial Park

About This Home

As of November 2019

This large 2 family with a full 3rd floor needs complete restoration due to fire damage! Perfect project with great potential, spacious units with double parlors, 2 bedrooms on 1st floor and possible townhouse on 2nd & 3rd with 6 bedrooms 2 bathrooms. Convenient and desirable location. Being sold as is, cash buyers only!

Last Agent to Sell the Property

Nelson Esteves

RE/MAX Professionals License #RES.0029681 Listed on: 10/28/2019

RE/MAX Professionals

Last Buyer's Agent

Nelson Esteves

RE/MAX Professionals License #RES.0029681 Listed on: 10/28/2019

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,540 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 559
  • Assessor Parcel Number 59SUMTERSTPROV

Community Details

Overview

  • 4 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 5540.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 59SUMTERSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5528.0
  • Tax Lot: 559
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
I Know A Guy Too Llc
Bought by
Madera Anarosa M
Current Estimated Value
$567,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$403,127
Interest Rate
5.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Madera Anarosa M $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madera Anarosa M $417,302
Previous Owner I Know A Guy Too Llc $120,000
Previous Owner I Know A Guyy Too Llc $80,000
Previous Owner I Know A Guy Too Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $110,000 -8.3% $20 / Sq Ft
10/28/2019 10/28/19 For Sale $120,000 -- $22 / 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 $7,823 $426,300 $52,600 $373,700
2023 $7,823 $426,300 $52,600 $373,700
2022 $8,113 $455,800 $52,600 $403,200
2021 $6,196 $252,300 $38,600 $213,700
2020 $5,528 $225,100 $38,600 $186,500
2019 $5,528 $225,100 $38,600 $186,500
2018 $4,957 $155,100 $26,300 $128,800
2017 $4,957 $155,100 $26,300 $128,800
2016 $4,957 $155,100 $26,300 $128,800
2015 $3,873 $117,000 $32,200 $84,800
2014 $3,949 $117,000 $32,200 $84,800
2013 $3,949 $117,000 $32,200 $84,800
Source: Public Records

Agents Affiliated with this Home

  • Nelson Esteves

    Seller's Agent in 2019

    Nelson Esteves

    RE/MAX Professionals

    (401) 886-8874

    2 in this area

    130 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1239975

State-Wide MLS

APN: PROV-530559-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

59 Sumter St, Providence, RI

This home is located at 59 Sumter St, Providence, RI 02907 since 28 October 2019 and is currently estimated at $567,802, approximately $102 per square foot. This property was built in 1925. 59 Sumter St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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