$575,000
SOLD OCT 16, 2024
6 Beds
3 Baths
4,223 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

12% Below List Price

113 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Balcony
  • Golf Course Community
  • Tennis Courts
  • Walking Distance to Water

About This Home

As of October 2024

Amazing 3-family opportunity for owner occupy or investment property in the Watchemoket Neighborhood of East Providence, located near the end of a quiet dead-end residential street, minutes from the Eastside of Providence! Views of downtown Providence skyline from the third floor unit. This property has been owner occupied since 1968 and was never rented out. Many big-ticket item improvements including newer roof with all new gutters, all new replacement windows, electrical panels replaced with two new circuit breakers, new 100,000 BTU steam-heat furnace, both chimneys were rebuilt, clean out doors replaced & all wood trim has been covered with aluminum. Spacious double-parlor layout with lots of light & high ceilings that include some historic features like built-ins, light fixtures, farm sinks--a blank canvas for your own restoration & design ideas, ready for you to put your stamp on it. Minutes to 195/95 juncture, downtown Providence & East Bay Bike path is just a couple blocks away.

Last Agent to Sell the Property

Stephanie Basile

Compass Listed on: 05/26/2024

Compass

Last Buyer's Agent

Slocum Home Team

SLOCUM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1894

Home Design

  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,223 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Thermal Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 65SIXTHSTEPRO

Community Details

Overview

  • 3 Units
  • Watchemoket Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Inclusions: Owner occupied since the 1968 and never rented out for income
  • Subdivision Name: Watchemoket
  • Above Grade Finished Sq Ft: 4223.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1894
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Skylights, Stall Shower, Tub Shower
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 65SIXTHSTEPRO
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3895.0
  • Tax Lot: 34
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2024
Closed on
Oct 15, 2024
Sold by
Brown Patricia S
Bought by
Matook Zahary M and Matook Allegra B
Seller's Agent
Stephanie Basile
Compass
Buyer's Agent
Slocum Home Team
SLOCUM
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Views
76
Current Estimated Value
$609,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,361
Avg. Annual Appreciation
2.45%
Original Mortgage
$517,500
Outstanding Balance
$512,884
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,470
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 None Available
Warranty Deed $575,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 Purchase Money Mortgage
Closed $517,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $575,000 -11.5% $136 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
05/26/2024 05/26/24 For Sale $650,000 -- $154 / 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 $5,441 $354,900 $70,400 $284,500
2023 $5,238 $354,900 $70,400 $284,500
2022 $5,045 $230,800 $36,800 $194,000
2021 $4,962 $230,800 $36,800 $194,000
2020 $4,752 $230,800 $36,800 $194,000
2019 $4,621 $230,800 $36,800 $194,000
2018 $4,038 $176,500 $38,700 $137,800
2017 $3,948 $176,500 $38,700 $137,800
2016 $3,929 $176,500 $38,700 $137,800
2015 $4,459 $194,300 $47,800 $146,500
2014 $4,459 $194,300 $47,800 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359714

State-Wide MLS

APN: EPRO-000106-000034-000034