Laura Fortin-Bichan
Heritage Realty Group, LLC
(339) 230-6182
47 Total Sales
1 in Fox Point
$415,000 Price
60 E Transit St Providence, RI 02906
Fox Point Neighborhood
8
Beds
4
Baths
7,012
Sq Ft
5,000
Sq Ft Lot
Highlights
- Golf Course Community
- Wood Flooring
- Walking Distance to Water
- Classical High School Rated A
- Tennis Courts
- 2-minute walk to Gano Street Dog Park
About This Home
As of December 2020Investment Opportunity!! Two buildings, totaling SEVEN UNITS, situated on one lot. Located in the very desirable East Side Of Providence and Fox Point area. Walk to the water, Indian Point Park (enjoy the walking path boating center, soccer field and playground), and the Newport Ferry. Close to all of the universities and hospitals. Located in a very strong rental market and has a strong rental history.
BUILDING NUMBER ONE (FRONT) 3 family home comprised of three two bedroom -one bath apartments. This building is in very good condition. Newer roof and replacement windows. Nicely updated units with ceramic tile and hardwood flooring. Coin-op laundry and storage units in the basement.
BUILDING NUMBER TWO (BACK)- 4 family home comprised of two 2-bedroom units and two 1 bedroom units. The 1 bedroom units are tastefully renovated with updated kitchens, granite counter-tops, beautiful back splashes and ceramic tiles. The baths have also been nicely updated. This building is also in very good condition. Don't miss out on this opportunity.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,699
Year Built
- Built in 1930
Lot Details
- 5,000
Home Design
- Vinyl Siding
Interior Spaces
- 7,012 Sq Ft Home
- 3-Story Property
- Storage Room
- Dryer
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
Additional Features
- Walking Distance to Water
- 5,000 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 385
- Assessor Parcel Number 60EASTTRANSITSTPROV
Community Details
Overview
- 2 Buildings
- 4 Units
- East Side Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2020
Closed on
Dec 10, 2020
Sold by
Bought by
Seller's Agent
Chad Kritzas
REMAX Revolution
Buyer's Agent
Chad Kritzas
REMAX Revolution
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Outstanding Balance
$723,474
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fox Point, RI
-
Laura Fortin-Bichan
-
Leanne McCormick
Leanne McCormick
Milestone Realty, Inc.
(781) 633-7912
159 Total Sales
1 in Fox Point
$656,000 Price
-
Kelli Improta
Kelli Improta
RI Real Estate Services
(401) 593-4513
196 Total Sales
1 in Fox Point
$489,900 Price
-
Kimberly Marion
Kimberly Marion
Engel & Volkers Oceanside
(401) 652-6367
131 Total Sales
2 in Fox Point
$490K - $908K Price Range
-
Tracy LeRoux
Tracy LeRoux
Link Real Estate
(858) 465-4828
24 Total Sales
1 in Fox Point
$519,000 Price
-
Michele Doherty
Michele Doherty
Lila Delman Compass
(774) 713-9477
64 Total Sales
1 in Fox Point
$350,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $975,000 | None Available | ||
| $153,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $830,000 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $975,000 | -2.5% | $139 / Sq Ft |
| 11/21/2020 11/21/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $1,000,000 | -- | $143 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $25,563 | $983,200 | $288,000 | $695,200 |
| 2024 | $13,689 | $746,000 | $0 | $0 |
| 2023 | $9,083 | $495,000 | $288,000 | $207,000 |
| 2022 | $13,279 | $746,000 | $288,000 | $458,000 |
| 2021 | $13,046 | $531,200 | $241,500 | $289,700 |
| 2020 | $12,513 | $509,500 | $241,500 | $268,000 |
| 2019 | $12,246 | $498,600 | $241,500 | $257,100 |
| 2018 | $14,775 | $462,300 | $220,500 | $241,800 |
| 2017 | $14,775 | $462,300 | $220,500 | $241,800 |
| 2016 | $16,966 | $462,300 | $220,500 | $241,800 |
| 2015 | $14,450 | $393,200 | $210,000 | $183,200 |
| 2014 | $14,450 | $393,200 | $210,000 | $183,200 |
| 2013 | $14,450 | $393,200 | $210,000 | $183,200 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Kritzas
Seller's Agent in 2020
Chad Kritzas
REMAX Revolution
(401) 474-5669
148 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1262203
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