NOT LISTED FOR SALE

703 N Broadway Unit 705 East Providence, RI 02914

Estimated Value: $518,630 - $753,000

9 Beds
3 Baths
5,089 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $375,000 $74 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,969/month

35 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Storage Room
  • Recreation Facilities
  • Bathtub with Shower
  • Public Transportation

About This Home

As of June 2021

This 3 Family features 3 bedrooms each apartment.great investment or owner occupied. Gas heat/hot water, Tenants pay all their own utilities. Building is properly fire coded. Rent is currently below market value.

Last Agent to Sell the Property

Donna Dalton

HomeSmart Professionals License #RES.0027379 Listed on: 04/12/2021

HomeSmart Professionals

Last Buyer's Agent

Donna Dalton

HomeSmart Professionals License #RES.0027379 Listed on: 04/12/2021

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1920

Lot Details

  • 3,484 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Brick Foundation
  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 5,089 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 24 / 18
  • Assessor Parcel Number 703705N.BROADWAYWYEPRO

Community Details

Overview

  • 3 Units
  • East Providence Central Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $4,967

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,512

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: East Providence Central
  • Above Grade Finished Sq Ft: 5089.0
  • Garage Yn: No
  • New Construction: No
  • 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: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.0
  • Parcel #: 703705N.BROADWAYWYEPRO
  • Zoning: M/F
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4967.0

Tax Info

  • Tax Annual Amount: 4512.0
  • Tax Block: 18
  • Tax Lot: 24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 17, 2021
Sold by
Sassaman Paul S
Bought by
Ikona Inc
Seller's Agent
Donna Dalton
HomeSmart Professionals
Buyer's Agent
Donna Dalton
HomeSmart Professionals
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$653,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,158
Avg. Annual Appreciation
13.77%

Purchase Details

Listed on
Jul 19, 2018
Closed on
Jan 29, 2019
Sold by
Amaral Eduarda C
Bought by
Sassaman Paul S
Seller's Agent
Lawrence McNulty
Lamacchia Realty, Inc
Buyer's Agent
Donna Dalton
HomeSmart Professionals
List Price
$325,000
Sold Price
$278,000
Premium/Discount to List
-$47,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$272,964
Interest Rate
4.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ikona Inc $375,000 None Available
Ikona Inc $375,000 None Available
Sassaman Paul S $278,000 --
Sassaman Paul S $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sassaman Paul S $272,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $375,000 0.0% $74 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $375,000 +34.9% $74 / Sq Ft
01/29/2019 01/29/19 Sold $278,000 -14.5% $55 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $325,000 -- $64 / 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 $6,077 $396,400 $69,500 $326,900
2023 $5,851 $396,400 $69,500 $326,900
2022 $4,790 $219,100 $36,600 $182,500
2021 $4,711 $219,100 $36,600 $182,500
2020 $4,511 $219,100 $36,600 $182,500
2019 $4,386 $219,100 $36,600 $182,500
2018 $4,356 $190,400 $38,200 $152,200
2017 $4,259 $190,400 $38,200 $152,200
2016 $4,238 $190,400 $38,200 $152,200
2015 $4,461 $194,400 $31,000 $163,400
2014 $4,461 $194,400 $31,000 $163,400
Source: Public Records

Agents Affiliated with this Home

  • Donna Dalton

    Seller's Agent in 2021

    Donna Dalton

    HomeSmart Professionals

    (401) 413-6258

    1 in this area

    34 Total Sales

    Donna Dalton
    Section Image

  • L

    Seller's Agent in 2019

    Lawrence McNulty

    Lamacchia Realty, Inc

    (401) 742-9222

    22 Total Sales

    Lawrence McNulty
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1279772

State-Wide MLS

APN: EPRO-000205-000018-000024

Rhode Island Providence County East Providence 02914

703 N Broadway Unit 705, East Providence, RI

This home is located at 703 N Broadway Unit 705, East Providence, RI 02914 since 12 April 2021 and is currently estimated at $653,158, approximately $128 per square foot. This property was built in 1920. 703 N Broadway Unit 705 is a home located in Providence County with nearby schools including East Providence High School, Ocean State Montessori School, and Lincoln School.

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