NOT LISTED FOR SALE

71 Vandewater St Providence, RI 02908

Wanskuck Neighborhood

Estimated Value: $428,089 - $588,000

6 Beds
2 Baths
2,604 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 15, 2024

Last sale price $480,000 $184 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,222/month

27 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of June 2024

Fantastic investment opportunity in this 1900's multifamily home. Some upgrades and TLC will help this beautiful home shine once again! Featuring two spacious units, each with 3 bedrooms and a full bath, large kitchen/dining areas and double living rooms. Soaring high ceilings and beautiful historic detail and charm throughout with beautiful hardwoods. Each unit has a private front entryway; the upstairs features a beautiful staircase and access to the upper level balcony. The unfinished attic space offers an opportunity to create additional living area for the second floor unit. The basement has high ceilings, laundry, and two private storage rooms. This extra wide lot also features a two car garage for extra income generation and a large driveway for off street parking. Conveniently located minutes to Rt.146, downtown Providence and Providence College. Subject to final city approval of subdivision with back lot. Possibility to be purchased as a package with buildable lot, see MLS #1357560. Property needs work, being sold as-is.

Last Agent to Sell the Property

Samantha Santangelo

RE/MAX Professionals License #RES.0040269 Listed on: 04/29/2024

RE/MAX Professionals

Last Buyer's Agent

John Risica

William Raveis Inspire

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1900

Lot Details

  • 6,198 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 505
  • Assessor Parcel Number 7173VANDEWATERSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1423
  • Above Grade Finished Sq Ft: 2604.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other
  • Foundation Details: Concrete Perimeter

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: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6198.0
  • Parcel #: 7173VANDEWATERSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2917.0
  • Tax Lot: 505
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 14, 2024
Sold by
Santangelo Stefano B
Bought by
Oconnor Gibbons Ft and Oconnor
Seller's Agent
Samantha Santangelo
RE/MAX Professionals
Buyer's Agent
John Risica
William Raveis Inspire
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
59
Current Estimated Value
$520,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,022
Avg. Annual Appreciation
6.02%
Original Mortgage
$360,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oconnor Gibbons Ft $510,000 None Available
Oconnor Gibbons Ft $510,000 None Available
Oconnor Gibbons Ft $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnor Gibbons Ft $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2024 06/15/24 Sold $480,000 +6.7% $184 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $450,000 -- $173 / 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 $5,849 $417,800 $131,500 $286,300
2024 $5,116 $278,800 $78,500 $200,300
2023 $5,116 $278,800 $78,500 $200,300
2022 $4,963 $278,800 $78,500 $200,300
2021 $4,249 $173,000 $48,400 $124,600
2020 $4,249 $173,000 $48,400 $124,600
2019 $4,249 $173,000 $48,400 $124,600
2018 $4,212 $131,800 $47,300 $84,500
2017 $4,212 $131,800 $47,300 $84,500
2016 $4,212 $131,800 $47,300 $84,500
2015 $4,128 $124,700 $54,100 $70,600
2014 $4,209 $124,700 $54,100 $70,600
2013 $4,209 $124,700 $54,100 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Samantha Santangelo

    Seller's Agent in 2024

    Samantha Santangelo

    RE/MAX Professionals

    (401) 479-0578

    2 in this area

    23 Total Sales

    Samantha Santangelo
    Section Image
  • John Risica

    Buyer's Agent in 2024

    John Risica

    William Raveis Inspire

    (401) 439-3634

    3 in this area

    84 Total Sales

    John Risica
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1357559

State-Wide MLS

APN: PROV-990505-000000-000000

Rhode Island Providence County Providence 02908 Wanskuck

71 Vandewater St, Providence, RI

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