NOT LISTED FOR SALE

Estimated Value: $497,000 - $630,000

5 Beds
3 Baths
3,428 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $400,000 $117 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,222/month

10 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Storage Room
  • Attic
  • Laundry Room
  • Heating System Uses Steam

About This Home

As of February 2022

Fantastic opportunity to own a well-cared for and meticulously maintained 3 family home in the Elmwood section of Providence. This property features two 2-bedroom units and a studio apartment, a 4-year-old architectural shingle roof, replacement windows, gas-steam heat and many other upgrades. Conveniently located near highway access, schools, shopping, bus line and just a few minutes to downtown Providence and Roger Williams Park. Perfect opportunity for owner occupant or investor!

Last Agent to Sell the Property

Nelson Esteves

RE/MAX Professionals License #RES.0029681 Listed on: 01/13/2022

RE/MAX Professionals

Last Buyer's Agent

Sophia Perrone

Flagship Real Estate Advisors License #RES.0045625

Flagship Real Estate Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1920

Lot Details

  • 6,200 Sq Ft Lot

Home Design

  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,428 Sq Ft Home
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for hot water
  • Tax Lot 498
  • Assessor Parcel Number 650ELMWOODAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,209

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1423
  • Above Grade Finished Sq Ft: 3428.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6200.0
  • Parcel #: 650ELMWOODAVPROV
  • Zoning: C-2
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4209.0
  • Tax Lot: 498
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 22, 2022
Sold by
Warner Carmen L and Warner Michael J
Bought by
Hernandez Cesarina M
Seller's Agent
Nelson Esteves
RE/MAX Professionals
Buyer's Agent
Sophia Perrone
Flagship Real Estate Advisors
List Price
$379,000
Sold Price
$400,000
Premium/Discount to List
$21,000
5.54%
Current Estimated Value
$559,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,911
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Jan 13, 1986
Bought by
Warner Michael J
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
Hernandez Cesarina M $400,000 None Available
Warner Michael J $49,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $400,000 +5.5% $117 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $379,000 -- $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
2025 $3,289 $435,600 $123,300 $312,300
2024 $4,953 $269,900 $53,400 $216,500
2023 $4,953 $269,900 $53,400 $216,500
2022 $4,804 $269,900 $53,400 $216,500
2021 $4,210 $171,400 $39,900 $131,500
2020 $4,210 $171,400 $39,900 $131,500
2019 $4,210 $171,400 $39,900 $131,500
2018 $3,033 $94,900 $27,200 $67,700
2017 $3,033 $94,900 $27,200 $67,700
2016 $3,033 $94,900 $27,200 $67,700
2015 $3,154 $95,300 $33,200 $62,100
2014 $3,216 $95,300 $33,200 $62,100
2013 $3,216 $95,300 $33,200 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1301468

State-Wide MLS

APN: PROV-520498-000000-000000