701 Academy Ave Providence, RI 02908
Elmhurst Neighborhood
6
Beds
2
Baths
3,940
Sq Ft
4,000
Sq Ft Lot
Highlights
- Wood Flooring
- Window Unit Cooling System
- Laundry Room
- Recreation Facilities
- Bathtub with Shower
- 5-minute walk to Fargnoli Park
About This Home
As of July 2020Nestled in the desirable Elmhurst neighborhood of Providence. This charming 1920's two family is the perfect investment whether your looking to owner occupy or add to your portfolio. This charming multi-family features spacious open floorplans with gleaming hardwoods, ample amounts of natural light, boasting 6 Bedrooms and 2 Bathrooms in just over 2,000 sq/ft of living space with a spacious yard. Steps from LaSalle Bakery, minutes from downtown providence and highway access this charming home is must see. Welcome home to 701 Academy Avenue! (PLEASE NOTE THIS PROPERTY DOES NOT HAVE OFF STREET PARKING, REAR LOT IS NOT ATTACHED)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,700
Year Built
- Built in 1926
Parking
- No Garage
Home Design
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,940 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Additional Features
- 4,000 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 110
- Assessor Parcel Number 701ACADEMYAVPROV
Community Details
Overview
- 2 Units
- Elmhurst Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2020
Closed on
Jul 21, 2020
Sold by
Perrin Christopher
Bought by
Ruiz Andres
Seller's Agent
The RR&A Team
Coldwell Banker Realty
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$299,900
Sold Price
$293,000
Premium/Discount to List
-$6,900
-2.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,206
Avg. Annual Appreciation
12.90%
Original Mortgage
$287,693
Outstanding Balance
$258,493
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$280,961
Purchase Details
Listed on
Aug 19, 2017
Closed on
Feb 12, 2018
Sold by
Salvatore Michael J
Bought by
Perrin Christopher R
Seller's Agent
Julie LeBlanc
HomeSmart Professionals
Buyer's Agent
Bethany Eddy
Coldwell Banker Realty
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$255,290
Interest Rate
3.99%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 2, 2007
Sold by
Fanelli Michael J
Bought by
Salvatore Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $293,000 | None Available | |
| Warranty Deed | $260,000 | -- | |
| Deed | $257,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $287,693 | FHA | |
| Previous Owner | $255,290 | FHA | |
| Previous Owner | $224,000 | No Value Available | |
| Previous Owner | $205,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2020 07/21/20 | Sold | $293,000 | -2.3% | $74 / Sq Ft |
| 06/21/2020 06/21/20 | Pending | -- | -- | -- |
| 02/18/2020 02/18/20 | For Sale | $299,900 | +15.3% | $76 / Sq Ft |
| 02/09/2018 02/09/18 | Sold | $260,000 | -5.5% | $131 / Sq Ft |
| 01/10/2018 01/10/18 | Pending | -- | -- | -- |
| 08/19/2017 08/19/17 | For Sale | $275,000 | -- | $139 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,158 | $335,600 | $104,000 | $231,600 |
| 2023 | $6,158 | $335,600 | $104,000 | $231,600 |
| 2022 | $5,974 | $335,600 | $104,000 | $231,600 |
| 2021 | $6,130 | $249,600 | $79,300 | $170,300 |
| 2020 | $6,130 | $249,600 | $79,300 | $170,300 |
| 2019 | $6,130 | $249,600 | $79,300 | $170,300 |
| 2018 | $5,462 | $170,900 | $63,800 | $107,100 |
| 2017 | $4,557 | $142,600 | $63,800 | $78,800 |
| 2016 | $4,557 | $142,600 | $63,800 | $78,800 |
| 2015 | $4,442 | $134,200 | $63,800 | $70,400 |
| 2014 | $4,529 | $134,200 | $63,800 | $70,400 |
| 2013 | $4,529 | $134,200 | $63,800 | $70,400 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
The RR&A Team
Coldwell Banker Realty
(617) 796-6084
2 in this area
140 Total Sales
-
Buyer's Agent in 2020
Nathan Clark
Your Home Sold Guaranteed, NCT
(401) 232-8301
18 in this area
2,136 Total Sales
-
J
Seller's Agent in 2018
Julie LeBlanc
HomeSmart Professionals
(401) 785-1700
34 Total Sales
-
Buyer's Agent in 2018
Bethany Eddy
Coldwell Banker Realty
(401) 580-8014
17 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1244861
APN: PROV-850110-000000-000000
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