NOT LISTED FOR SALE

Estimated Value: $404,601 - $579,000

4 Beds
2 Baths
2,312 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $120,000 $52 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $3,310/month

108 Days on Market

Highlights

  • Under Construction
  • 4 Fireplaces
  • Storm Windows
  • Wood Flooring
  • Thermal Windows
  • 4-minute walk to Jennifer Rivera Memorial Park

About This Home

As of December 2012

Rare opportunity to own a historic Octagon house. Fully renovated 2 family in Elmwood. New plumbing, heating & electrical systems, new roof, refinished floors, kitchen additn. Buyer & tenants must meet income guidelines (80%AMI for buyer, 50% tenant)

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group License #REB.0016396 Listed on: 08/04/2012

Last Buyer's Agent

Derek Greene

The Greene Realty Group License #REB.0016396 Listed on: 08/04/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1856 | Under Construction

Lot Details

  • 8,300 Sq Ft Lot
  • Fenced

Home Design

  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Storm Windows

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 669PUBLICSTPROV

Community Details

Overview

  • 2 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1856 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1905
  • Subdivision Name: ELMWOOD
  • Above Grade Finished Sq Ft: 2312.0
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 1856
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2312.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8300.0
  • Parcel #: 669PUBLICSTPROV
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3096.0
  • Tax Lot: 57
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2012
Closed on
Dec 21, 2012
Sold by
Karoff-Hunger Alexander
Bought by
Karoff-Hunger Alexander and Wilson Chandelle O
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Derek Greene
The Greene Realty Group
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Total Days on Market
108
Current Estimated Value
$508,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,400
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
Nov 1, 2010
Sold by
Prf Dev Agency and Providence Redev Agcy
Bought by
Providence Redev Agcy

Purchase Details

Closed on
May 24, 2010
Sold by
Nationstar Mortgage Ll
Bought by
Prf Dev Co Llc

Purchase Details

Closed on
Mar 17, 2010
Sold by
Nationstar Mortgage Ll
Bought by
Perry Leslie A

Purchase Details

Closed on
Jun 27, 2008
Sold by
Perry Leslie A and Narragansett Bay Cmnty
Bought by
Rhode Island Hsng & Mtg
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 Buyer Sale Price Title Company
Karoff-Hunger Alexander -- --
Karoff-Hunger Alexander $120,000 --
Providence Redev Agcy $140,000 --
Prf Dev Co Llc $35,000 --
Perry Leslie A $98,290 --
Rhode Island Hsng & Mtg $1,989 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karoff-Hunger Alexander $7,109
Previous Owner Perry Leslie A $20,000
Previous Owner Perry Leslie A $50,000
Previous Owner Perry Leslie A $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $120,000 -7.7% $52 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
08/04/2012 08/04/12 For Sale $130,000 -- $56 / 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 $5,477 $298,500 $54,600 $243,900
2023 $5,477 $298,500 $54,600 $243,900
2022 $5,313 $298,500 $54,600 $243,900
2021 $4,676 $190,400 $41,500 $148,900
2020 $4,676 $190,400 $41,500 $148,900
2019 $4,676 $190,400 $41,500 $148,900
2018 $4,072 $127,400 $28,300 $99,100
2017 $4,072 $127,400 $28,300 $99,100
2016 $4,072 $127,400 $28,300 $99,100
2015 $4,306 $130,100 $34,600 $95,500
2014 $4,391 $130,100 $34,600 $95,500
2013 $4,391 $130,100 $34,600 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1023112

State-Wide MLS

APN: PROV-490057-000000-000000