NOT LISTED FOR SALE

Estimated Value: $688,313 - $703,000

6 Beds
3 Baths
3,780 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $421,000 $111 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,364/month

9 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 1 Car Attached Garage
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to Ridge Street Playground

About This Home

As of June 2020

Federal Hill! Come check out this cash cow! Large, 3 unit in the heart of Federal Hill! This home was recently renovated from top to bottom. Each unit features granite counter tops, Navien, top of the line on demand heat and hot water systems, open living space, and tons of bright sunshine! This home offers plenty of off street parking, a grassed sitting area, and a over-sized garage! Perfect for someone to live in 1 unit, and rent out the others, or a great investment property to add to the portfolio. Opportunity awaits. Call Today!

Last Agent to Sell the Property

Kevin Bochner

RI Real Estate Services License #RES.0035730 Listed on: 05/01/2020

RI Real Estate Services

Co-Listed By

Diana Tavares

RI Real Estate Services License #RES.0026004

Last Buyer's Agent

Sara Karalekas

Harbors & Homes RE & Appraisal License #RES.0040634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 1900

Lot Details

  • 3,236 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,780 Sq Ft Home
  • 3-Story Property
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 47
  • Assessor Parcel Number 67PENNSTPROV

Community Details

Overview

  • 3 Units
  • Federal Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,094

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: RIRS
  • Co List Office Phone: 401-885-5400
  • Subdivision Name: Federal Hill
  • Above Grade Finished Sq Ft: 3780.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3236.0
  • Parcel #: 67PENNSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 4094.0
  • Tax Block: 0
  • Tax Lot: 47
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Tashian Garabed and Tashian Harout
Bought by
Ght Llc
Current Estimated Value
$694,078

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 10, 2020
Sold by
Wilbur Justin M
Bought by
Tashian Garabed and Tashian Harout
Seller's Agent
Kevin Bochner
RI Real Estate Services
Buyer's Agent
Sara Karalekas
Harbors & Homes RE & Appraisal
List Price
$445,000
Sold Price
$421,000
Premium/Discount to List
-$24,000
-5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$315,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
Sambain John G and Sambain Pauline P
Bought by
Meresi Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1989
Sold by
Epstein David H
Bought by
Sambain John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
10.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ght Llc -- None Available
Tashian Garabed $421,000 None Available
Meresi Steven $94,500 --
Sambain John G $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tashian Garabed $315,750
Previous Owner Sambain John G $117,000
Previous Owner Sambain John G $103,000
Previous Owner Sambain John G $85,050
Previous Owner Sambain John G $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $421,000 -5.4% $111 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $445,000 -- $118 / 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 $8,687 $620,500 $257,500 $363,000
2024 $8,241 $449,100 $208,000 $241,100
2023 $8,241 $449,100 $208,000 $241,100
2022 $7,994 $449,100 $208,000 $241,100
2021 $6,820 $277,700 $132,800 $144,900
2020 $6,820 $277,700 $132,800 $144,900
2019 $6,820 $277,700 $132,800 $144,900
2018 $5,644 $176,600 $76,800 $99,800
2017 $5,644 $176,600 $76,800 $99,800
2016 $5,644 $176,600 $76,800 $99,800
2015 $4,402 $133,000 $76,800 $56,200
2014 $4,489 $133,000 $76,800 $56,200
2013 $4,489 $133,000 $76,800 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1252691

State-Wide MLS

APN: PROV-330047-000000-000000