$430,000
SOLD DEC 20, 2024

7 Mount Hope Ave Unit 205 Providence, RI 02906

Mount Hope Neighborhood
2 Beds
1 Bath
895 Sq Ft
$501/mo HOA Fee

Recently Sold

$480 Per Sq Ft

7% Below List Price

65 Days on Market

Highlights

  • 1 Acre Lot
  • Tennis Courts
  • Tankless Water Heater
  • Wood Flooring
  • 1 Car Attached Garage
  • 2-minute walk to Billy Taylor Park

About This Home

As of December 2024

Unique and Freshly painted 2 bedroom corner unit located on the second floor. Easy access from the ground level Entrance. An easy elevator ride to the Deeded Parking spot in the secured&heated garage. Former Elementary School completely rehabbed into an 24 outstanding unit association in 2019. Walk onto hardwood floors throughout and a spacious living room with tall windows and a cozy gas fireplace. The cooks kitchen features modern soft close drawers and cabinetry, quartz counters, a subway tile backsplash, quality stainless appliances, a breakfast bar, and a separate dining area. The primary bedroom has a walk-in closet. In unit Laundry. Central air-conditioning Second Parking spot outside. Garage spot has been wired for electric charger. Professionally managed association and professionally landscaped. Easy living and close to all that the East Side has to offer.

Last Agent to Sell the Property

Ted Bourque

Residential Properties Ltd. License #RES.0040733 Listed on: 10/07/2024

Residential Properties Ltd.

Last Buyer's Agent

Michael Silva

Cote Partners Realty LLC License #REB.0019729

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 2018

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Combination Foundation
  • Masonry

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 615
  • Assessor Parcel Number 7MOUNTHOPEAV205PROV

Community Details

Overview

  • Association fees include ground maintenance, sewer, snow removal, trash, water
  • 24 Units
  • East Side / Mount Hope Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,621

Year Built

Built in 2018

Lot Details

0

HOA Fees

$501 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Inclusions: association in pending litigation Property taxes reflect owner occupied rate.
  • Subdivision Name: East Side / Mount Hope
  • Above Grade Finished Sq Ft: 895.0
  • Architectural Style: High Rise
  • Building Name: Chapel Hill East
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 2018
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Elevator
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 895.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Masonry
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 501.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 7MOUNTHOPEAV205PROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 24

Tax Info

  • Tax Annual Amount: 3621.0
  • Tax Lot: 615
  • Tax Map Number: 6
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Dec 20, 2024
Sold by
Perkel Marc
Bought by
Spezzano Robert J and Torres Otilio
Seller's Agent
Ted Bourque
Residential Properties Ltd.
Buyer's Agent
Michael Silva
Cote Partners Realty LLC
List Price
$459,900
Sold Price
$430,000
Premium/Discount to List
-$29,900
-6.5%
Total Days on Market
65
Views
121
Current Estimated Value
$438,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,958
Avg. Annual Appreciation
4.69%
Original Mortgage
$298,000
Outstanding Balance
$297,232
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,726

Purchase Details

Closed on
Nov 1, 2019
Sold by
Chapel Hill East Llc
Bought by
Perkel Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
3.7%
Mortgage Type
New Conventional
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 $430,000 None Available
Warranty Deed $430,000 None Available
Warranty Deed $430,000 None Available
Warranty Deed $349,000 --
Warranty Deed $349,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,000 Purchase Money Mortgage
Closed $298,000 Purchase Money Mortgage
Previous Owner $279,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $430,000 -4.4% $480 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $449,900 -2.2% $503 / Sq Ft
10/07/2024 10/07/24 For Sale $459,900 -- $514 / 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 $6,351 $346,100 $0 $346,100
2023 $6,351 $346,100 $0 $346,100
2022 $7,159 $346,100 $0 $346,100
2021 $7,159 $291,500 $0 $291,500
2020 $7,159 $291,500 $0 $291,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1369749

State-Wide MLS

APN: 6 615 205