NOT LISTED FOR SALE

727 Academy Ave Providence, RI 02908

Elmhurst Neighborhood

Estimated Value: $531,737 - $608,000

6 Beds
2 Baths
2,522 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $300,000 $119 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,659/month

36 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Balcony
  • Attic
  • Workshop
  • Porch

About This Home

As of July 2017

This fully occupied two-family has been well maintained and features many quality updates throughout. Gleaming hardwood floors and beautiful woodwork accent both spacious three bedroom units. Off-street parking, a two-car detached garage, & a desirable Elmhurst location!

Last Agent to Sell the Property

John Dolan

Dolan O'Rourke Real Estate Svc License #REC.0018848 Listed on: 04/27/2017

Last Buyer's Agent

Shelly D'amico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • No Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

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 Basement Entry

Outdoor Features

  • Balcony
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 103
  • Assessor Parcel Number 727AcademyAVPROV

Community Details

Overview

  • 4 Units
  • Elmhurst Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $8,047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,692

Year Built

Built in 1920

Lot Details

4,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Elmhurst
  • Above Grade Finished Sq Ft: 2522.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Balcony, Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 727AcademyAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8047.0

Tax Info

  • Tax Annual Amount: 5692.0
  • Tax Lot: 103
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jul 3, 2017
Sold by
Mellor Ryan
Bought by
Kota Aditya
Seller's Agent
John Dolan
Dolan O'Rourke Real Estate Svc
Buyer's Agent
Shelly D'amico
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$584,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,684
Avg. Annual Appreciation
8.04%
Original Mortgage
$213,750
Outstanding Balance
$177,795
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$406,889

Purchase Details

Closed on
May 28, 2004
Sold by
Clifford Michael W
Bought by
Mellor Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kota Aditya $300,000 --
Mellor Ryan $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kota Aditya $213,750
Previous Owner Mellor Ryan $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $300,000 +1.7% $119 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $295,000 -- $117 / Sq Ft
Source: State-Wide MLS

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 $7,764 $554,600 $160,000 $394,600
2024 $7,098 $386,800 $104,000 $282,800
2023 $7,098 $386,800 $104,000 $282,800
2022 $6,885 $386,800 $104,000 $282,800
2021 $6,462 $263,100 $79,300 $183,800
2020 $6,462 $263,100 $79,300 $183,800
2019 $6,462 $263,100 $79,300 $183,800
2018 $5,692 $178,100 $63,800 $114,300
2017 $5,692 $178,100 $63,800 $114,300
2016 $5,692 $178,100 $63,800 $114,300
2015 $5,167 $156,100 $63,800 $92,300
2014 $5,268 $156,100 $63,800 $92,300
2013 $5,268 $156,100 $63,800 $92,300
Source: Public Records

Agents Affiliated with this Home

  • John Dolan

    Seller's Agent in 2017

    John Dolan

    Dolan O'Rourke Real Estate Svc

    (401) 288-3608

    32 Total Sales

    John Dolan
    Section Image

  • S

    Buyer's Agent in 2017

    Shelly D'amico

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Map

Source: State-Wide MLS

MLS Number: 1157774

State-Wide MLS

APN: PROV-850103-000000-000000

Rhode Island Providence County Providence 02908 Elmhurst

727 Academy Ave, Providence, RI

Not Listed for Sale

MultiFamily

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