NOT LISTED FOR SALE

703 Academy Ave Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $534,000 - $632,000

6 Beds
2 Baths
3,550 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $495,100 $139 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,811/month

12 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation
  • Attic
  • Bathtub with Shower
  • Heating System Uses Steam

About This Home

As of May 2022

Beautifully maintained 2-family home in Elmhurst with separate heat, hot water, and utilities. Newer roof, newer windows, and 2 car garage. There's room in the attic for future expansion. Great location centrally located in a desirable neighborhood near La Salle and Providence College. This is a wonderful owner-occupant opportunity with some rental income in the pocket or great investment property.

Last Agent to Sell the Property

Anna Hsiao

Coastline Realty LLC License #REB.0019066 Listed on: 05/01/2022

Last Buyer's Agent

Samuel A. Albert

Innovations Realty License #RES.0042367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,460

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 703705ACADEMYAVPROV

Community Details

Overview

  • 2 Units
  • Elmhurst, Pc, La Salle Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,460

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Elmhurst, PC, La Salle
  • Above Grade Finished Sq Ft: 3550.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 703705ACADEMYAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6460.0
  • Tax Lot: 109
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
May 31, 2022
Sold by
Cen Katy and Yao Xiaoliang
Bought by
Vasquez Jamie A
Seller's Agent
Anna Hsiao
Coastline Realty LLC
Buyer's Agent
Samuel A. Albert
Innovations Realty
List Price
$449,000
Sold Price
$495,100
Premium/Discount to List
$46,100
10.27%
Current Estimated Value
$587,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,109
Avg. Annual Appreciation
4.37%
Original Mortgage
$486,034
Outstanding Balance
$464,750
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$103,517

Purchase Details

Listed on
Aug 19, 2017
Closed on
Dec 12, 2017
Sold by
Salvatore Michael J
Bought by
Yao Xiaoliang and Cen Katy
Seller's Agent
Julie LeBlanc
HomeSmart Professionals
Buyer's Agent
Joseph Hunt
Gold Door Realty
List Price
$305,000
Sold Price
$285,500
Premium/Discount to List
-$19,500
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$216,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Vasquez Jamie A $495,100 None Available
Yao Xiaoliang $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Jamie A $486,034
Previous Owner Yao Xiaoliang $216,000
Previous Owner Salvatore Ralph T $30,000
Previous Owner Salvatore Ralph T $13,000
Previous Owner Salvatore Ralph T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $495,100 +10.3% $139 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $449,000 +57.3% $126 / Sq Ft
12/08/2017 12/08/17 Sold $285,500 -6.4% $133 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $305,000 -- $143 / 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 $7,331 $399,500 $104,000 $295,500
2023 $7,331 $399,500 $104,000 $295,500
2022 $7,111 $399,500 $104,000 $295,500
2021 $6,459 $263,000 $79,300 $183,700
2020 $6,459 $263,000 $79,300 $183,700
2019 $6,459 $263,000 $79,300 $183,700
2018 $4,820 $150,800 $63,800 $87,000
2017 $4,820 $150,800 $63,800 $87,000
2016 $4,820 $150,800 $63,800 $87,000
2015 $4,512 $136,300 $63,800 $72,500
2014 $4,600 $136,300 $63,800 $72,500
2013 $4,600 $136,300 $63,800 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Anna Hsiao

    Seller's Agent in 2022

    Anna Hsiao

    Coastline Realty LLC

    (401) 808-1303

    1 in this area

    67 Total Sales

    Section Image
  • Samuel A. Albert

    Buyer's Agent in 2022

    Samuel A. Albert

    Innovations Realty

    (401) 326-4900

    11 in this area

    253 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Julie LeBlanc

    HomeSmart Professionals

    (401) 785-1700

    35 Total Sales

    Section Image
  • Joseph Hunt

    Buyer's Agent in 2017

    Joseph Hunt

    Gold Door Realty

    (774) 262-7712

    1 in this area

    46 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1308954

State-Wide MLS

APN: PROV-850109-000000-000000

Rhode Island Providence County Providence 02908 Elmhurst

703 Academy Ave, Providence, RI

This home is located at 703 Academy Ave, Providence, RI 02908 since 01 May 2022 and is currently estimated at $580,712, approximately $163 per square foot. This property was built in 1920. 703 Academy Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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