78 Cypress St Providence, RI 02906
Mount Hope Neighborhood
6
Beds
3
Baths
4,643
Sq Ft
4,193
Sq Ft Lot
Highlights
- Wood Flooring
- Recreation Facilities
- Bathtub with Shower
- Corner Lot
- Thermal Windows
- 1-minute walk to Billy Taylor Park
About This Home
As of August 2022This stately East side 3 family (2 beds each unit) sits w/commanding presence on corner of Knowles and Cypress. Neatly trimmed replacement windows on all floors and attractive grey/green vinyl siding (all done in recent past with roof) add to the curb appeal...not to mention the ample parking on each side of this Estate Sale Property, offered "as is", subject to Probate court approval. Great opportunity to owner occupy 1st floor, cover expenses and have additional income from other 2 units. Grand-sized and sun-filled living and dining rooms on 1st 2 floors separated by pocket French doors w/ lovely parquet floors on 1st. 1st and 2nd units are exact 5 room duplicates; 3rd unit has LR/EIK/BR/BR/BATH and can easily be a 3 bedroom (come see how!). Downtown views and beyond from 3rd too! Oil Furnace on 1st is brand new and gas furnace on 3rd is not old. Any investment made for updates to add to appeal will be money well spent and worth your while as a homeowner of this awesome property. Rental income can be considerably higher than reflected in the sole tenancy at present who is a relative w/month to month tenancy. Appliances (as well as washer/dryer) and ceiling fans do not remain only on 1st floor unit. Separate utilities. Easy access to train, bus line, Downtown, grocery, Hope Village and highway. Live in or invest! Don't miss!
Last Agent to Sell the Property
AMERICAN DREAM REALTY License #REB.0014930 Listed on: 10/08/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,008
Year Built
- Built in 1900
Lot Details
- 4,193 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 4,643 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Storage Room
- Laundry Room
- Utility Room
Flooring
- Wood
- Parquet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Oil
- Gas Water Heater
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 462
- Assessor Parcel Number 78CYPRESSSTPROV
Community Details
Overview
- 3 Units
- Mount Hope,Hope Village Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Aug 16, 2022
Sold by
Karwashan John
Bought by
Perera Dasith A
Seller's Agent
Sousan Karwashan
Blu Sky Real Estate
Buyer's Agent
Mariana Freitas Novo
William Raveis Inspire
List Price
$679,999
Sold Price
$653,000
Premium/Discount to List
-$26,999
-3.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,673
Avg. Annual Appreciation
3.58%
Original Mortgage
$641,025
Outstanding Balance
$621,610
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$103,350
Purchase Details
Listed on
Oct 8, 2018
Closed on
Feb 7, 2019
Sold by
Washington Doris Est and Washington
Bought by
Karwashan John
Seller's Agent
Janet Flori
AMERICAN DREAM REALTY
Buyer's Agent
Sousan Karwashan
Blu Sky Real Estate
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Similar Homes in Providence, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $653,000 | None Available | |
| Executors Deed | $305,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $641,025 | FHA | |
| Previous Owner | $280,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $250,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2022 08/16/22 | Sold | $653,000 | -4.0% | $185 / Sq Ft |
| 05/31/2022 05/31/22 | Price Changed | $679,900 | 0.0% | $193 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $679,999 | +123.0% | $193 / Sq Ft |
| 02/07/2019 02/07/19 | Sold | $305,000 | +1.7% | $66 / Sq Ft |
| 01/08/2019 01/08/19 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | For Sale | $299,900 | -- | $65 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $10,146 | $552,900 | $212,500 | $340,400 |
| 2023 | $10,146 | $552,900 | $212,500 | $340,400 |
| 2022 | $9,055 | $508,700 | $212,500 | $296,200 |
| 2021 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2020 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2019 | $6,734 | $274,200 | $95,600 | $178,600 |
| 2018 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2017 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2016 | $6,008 | $188,000 | $84,000 | $104,000 |
| 2015 | $5,736 | $173,300 | $92,500 | $80,800 |
| 2014 | $5,849 | $173,300 | $92,500 | $80,800 |
| 2013 | $5,849 | $173,300 | $92,500 | $80,800 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Sousan Karwashan
Blu Sky Real Estate
(508) 294-1832
1 in this area
4 Total Sales
-
Buyer's Agent in 2022
Mariana Freitas Novo
William Raveis Inspire
(401) 230-9503
2 in this area
71 Total Sales
-
Seller's Agent in 2019
Janet Flori
AMERICAN DREAM REALTY
(401) 944-2872
26 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1206429
APN: PROV-050462-000000-000000
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