NOT LISTED FOR SALE

74 Vernon St Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $637,419 - $720,000

6 Beds
2 Baths
3,533 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $285,000 $81 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,896/month

134 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Hot Water Heating System
  • 2 Car Detached Garage

About This Home

As of March 2017

Investors or Owner Occupants - Come take a look at this renovated 2 family with in the heart of the West Side (off Broadway). Both units have been updated - hardwoods, paint, tiles, etc. Townhouse style for 2nd and 3rd floor (4 bed, 2 bath).

Last Agent to Sell the Property

Derek Brazeau

Greystone Realty License #RES.0041511 Listed on: 09/26/2016

Co-Listed By

Sara Karalekas

Keller Williams Leading Edge

Keller Williams Leading Edge

Last Buyer's Agent

The Karalekas Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 1890

Lot Details

  • 3,056 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Clapboard

Interior Spaces

  • 3,533 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 74VERNONSTPROV

Community Details

Overview

  • 2 Units
  • Broadway/West End Subdivision

Building Details

  • Operating Expense $9,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,954

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0702
  • Co List Office Mls Id: KELW05
  • Co List Office Phone: 401-333-4900
  • Subdivision Name: BROADWAY/WEST END
  • Above Grade Finished Sq Ft: 3533.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3533.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3056.0
  • Parcel #: 74VERNONSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9500.0

Tax Info

  • Tax Annual Amount: 4954.0
  • Tax Lot: 85
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Watson Tucker
Bought by
Lee Ayisha and Lee Darryn J
Current Estimated Value
$681,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Outstanding Balance
$344,553
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$337,052

Purchase Details

Closed on
Aug 18, 2010
Sold by
Nardella Richard
Bought by
Jpy Prop Llc

Purchase Details

Closed on
Apr 28, 2010
Sold by
Iest Roelf
Bought by
Nardella Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Lest Emile
Bought by
Lest Roelf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Castro Samuel
Bought by
Iest Emilie

Purchase Details

Closed on
Apr 17, 2003
Sold by
Fort Realty
Bought by
Castro Samuel

Purchase Details

Closed on
May 17, 1999
Sold by
Hughes Joyce
Bought by
Fort Realty Llc

Purchase Details

Closed on
Oct 8, 1997
Sold by
Hughes Joyce E
Bought by
Johnson Seth B
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
Lee Ayisha $395,000 None Available
Jpy Prop Llc -- --
Nardella Richard $66,500 --
Lest Roelf $275,000 --
Iest Emilie $224,000 --
Castro Samuel $70,000 --
Fort Realty Llc $46,500 --
Johnson Seth B $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ayisha $387,845
Previous Owner Johnson Seth B $100,000
Previous Owner Johnson Seth B $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2017 03/10/17 Sold $285,000 -1.4% $81 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
09/26/2016 09/26/16 For Sale $289,000 +44.5% $82 / Sq Ft
02/19/2016 02/19/16 Sold $200,000 -19.7% $43 / Sq Ft View Prior Sale
01/20/2016 01/20/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $249,000 -- $53 / 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 $4,399 $582,600 $256,900 $325,700
2024 $7,813 $425,800 $207,500 $218,300
2023 $7,813 $425,800 $207,500 $218,300
2022 $7,579 $425,800 $207,500 $218,300
2021 $6,570 $267,500 $132,400 $135,100
2020 $6,570 $267,500 $132,400 $135,100
2019 $6,570 $267,500 $132,400 $135,100
2018 $5,072 $158,700 $76,600 $82,100
2017 $4,954 $155,000 $76,600 $78,400
2016 $4,954 $155,000 $76,600 $78,400
2015 $4,601 $139,000 $76,600 $62,400
2014 $4,691 $139,000 $76,600 $62,400
2013 $4,691 $139,000 $76,600 $62,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Derek Brazeau

    Greystone Realty

  • S

    Seller Co-Listing Agent in 2017

    Sara Karalekas

    Keller Williams Leading Edge

    Section Image

  • T

    Buyer's Agent in 2017

    The Karalekas Team

  • Frank Miele

    Seller's Agent in 2016

    Frank Miele

    Prime Time Properties, Inc.

    (401) 454-1300

    1 in this area

    59 Total Sales

    Frank Miele
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1137840

State-Wide MLS

APN: PROV-280085-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

74 Vernon St, Providence, RI

Not Listed for Sale

MultiFamily

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