NOT LISTED FOR SALE

Estimated Value: $621,000 - $667,855

6 Beds
3 Baths
4,232 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $502,000 $119 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,089/month

6 Days on Market

Highlights

  • Golf Course Community
  • Recreation Facilities
  • Laundry Room
  • Attic
  • Bathtub with Shower
  • Public Transportation

About This Home

As of August 2022

Fantastic opportunity to own a well cared for 3 family home in a quiet residential neighborhood in East Providence. This property has been in one family for decades and is fully occupied with long term tenants. Located on a corner lot and features two driveways with plenty of parking and a fenced in yard. Units are in great condition with the first floor offering 3 beds 1 bath, second unit is a two bed 1 bath and the third floor unit is a spacious 1 bed/1 bath. Exterior has new vinyl siding. All rents are well under market value. No leases.

Last Agent to Sell the Property

Sara Chaffee

Mott & Chace Sotheby's Intl. License #RES.0040579 Listed on: 07/21/2022

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Olivia Ma

Maxwell Realty License #REB.0016271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,324

Year Built

  • Built in 1920

Lot Details

  • 4,637

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,232 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • 4,637 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 13
  • Assessor Parcel Number 62KENSINGTONSTEPRO

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,324

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1065
  • Inclusions: washers and dryers are owned by the tenants
  • Above Grade Finished Sq Ft: 4232.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4637.0
  • Parcel #: 62KENSINGTONSTEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6324.0
  • Tax Lot: 13
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 31, 2022
Sold by
Quattrucci Rocco and Quattrucci Cynthia J
Bought by
Shearer Andrew and Wang Yang
Seller's Agent
Sara Chaffee
Mott & Chace Sotheby's Intl.
Buyer's Agent
Olivia Ma
Maxwell Realty
List Price
$469,000
Sold Price
$502,000
Premium/Discount to List
$33,000
7.04%
Views
10
Current Estimated Value
$644,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,964
Avg. Annual Appreciation
7.01%
Original Mortgage
$376,500
Outstanding Balance
$362,902
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,450

Purchase Details

Closed on
Apr 11, 1980
Bought by
Quattrucci Rocco and Quattrucci Cynthia J
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
Shearer Andrew $502,000 None Available
Shearer Andrew $502,000 None Available
Quattrucci Rocco $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shearer Andrew $376,500
Closed Shearer Andrew $376,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $502,000 +7.0% $119 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $469,000 -- $111 / 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 $6,903 $450,300 $73,100 $377,200
2023 $6,646 $450,300 $73,100 $377,200
2022 $6,324 $289,300 $40,200 $249,100
2021 $6,220 $289,300 $38,900 $250,400
2020 $5,957 $289,300 $38,900 $250,400
2019 $5,792 $289,300 $38,900 $250,400
2018 $5,004 $218,700 $40,600 $178,100
2017 $4,892 $218,700 $40,600 $178,100
2016 $4,868 $218,700 $40,600 $178,100
2015 $5,106 $222,500 $32,900 $189,600
2014 $5,106 $222,500 $32,900 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1316019

State-Wide MLS

APN: EPRO-000306-000013-000011