NOT LISTED FOR SALE

78 Fairmount Ave Providence, RI 02908

Mount Pleasant Neighborhood

Estimated Value: $401,028 - $531,000

5 Beds
3 Baths
3,150 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $380,000 $121 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,999/month

86 Days on Market

Highlights

  • Bathtub with Shower
  • Public Transportation
  • Baseboard Heating
  • Laundry Room
  • Ceramic Tile Flooring
  • Family Room

About This Home

As of August 2022

Legal 2 family home!!! Don't miss on this very well kept multi family home. Featuring 2 beds - 1 bath each floor and a partially finished basement!
Previous buyer's financing fell through.. Fully inspected and appraised!!

Last Agent to Sell the Property

Helene Dominguez

D'Empire Real Estate LLC License #REB.0019144 Listed on: 03/20/2022

Last Buyer's Agent

Jose Diaz

Keller Williams Coastal License #RES.0035354

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1875

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 408
  • Assessor Parcel Number 78FAIRMOUNTAVPROV

Community Details

Overview

  • 2 Units
  • Mount Pleasant Subdivision

Additional Features

  • Public Transportation
  • Operating Expense $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Subdivision Name: Mount Pleasant
  • Above Grade Finished Sq Ft: 3150.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1875
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Bathroom, Family Room, Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 78FAIRMOUNTAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1920.0

Tax Info

  • Tax Annual Amount: 3672.0
  • Tax Lot: 408
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2022
Closed on
Aug 30, 2022
Sold by
Santana Roberto
Bought by
Batista Jennifer and Padilla Emily
Seller's Agent
Helene Dominguez
D'Empire Real Estate LLC
Buyer's Agent
Jose Diaz
Keller Williams Coastal
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Views
6
Current Estimated Value
$470,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,757
Avg. Annual Appreciation
7.93%
Original Mortgage
$347,985
Outstanding Balance
$335,417
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$141,313

Purchase Details

Closed on
Sep 30, 2020
Sold by
Grpmm Llc
Bought by
Santana Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 28, 2017
Closed on
Mar 28, 2018
Sold by
40 Acres Investment Gr
Bought by
Grpmm Llc
Seller's Agent
Lisa Pagano
Mott & Chace Sotheby's Intl.
Buyer's Agent
Felix Guzman Jr
Coldwell Banker Realty
List Price
$114,900
Sold Price
$105,500
Premium/Discount to List
-$9,400
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.61%

Purchase Details

Closed on
Dec 11, 2013
Sold by
40 Acres Investment Gr and Providence Town Of
Bought by
40 Acres Investment Gr

Purchase Details

Closed on
Jan 17, 2008
Sold by
Blanco Maria R and Boston Investors Grp I
Bought by
40 Acres Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,375
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2006
Sold by
Benitez Jacklyn
Bought by
Blanco Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Self Rlty Llc
Bought by
Benitez Jacklyn M

Purchase Details

Closed on
Nov 2, 2001
Sold by
Provencher Richard A and Provencher Carmela M
Bought by
Pinthiere Raymond

Purchase Details

Closed on
Apr 11, 1996
Sold by
Labonte Gerard J
Bought by
Provencher Richard A and Provencher Carmela
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
Batista Jennifer $380,000 None Available
Santana Roberto $290,000 None Available
Grpmm Llc $105,500 --
40 Acres Investment Gr $3,735 --
40 Acres Investments $117,600 --
Blanco Ramona $295,000 --
Benitez Jacklyn M $279,000 --
Pinthiere Raymond $75,500 --
Provencher Richard A $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batista Jennifer $347,985
Previous Owner Santana Roberto $284,747
Previous Owner Provencher Richard A $363,375
Previous Owner Provencher Richard A $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $380,000 0.0% $121 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $379,900 0.0% $121 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $379,900 0.0% $121 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $379,900 +260.1% $121 / Sq Ft
03/29/2018 03/29/18 Sold $105,500 -8.2% $70 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $114,900 -- $76 / 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 $5,202 $283,500 $67,000 $216,500
2023 $5,202 $283,500 $67,000 $216,500
2022 $4,653 $261,400 $67,000 $194,400
2021 $3,672 $149,500 $45,000 $104,500
2020 $3,672 $149,500 $45,000 $104,500
2019 $3,672 $149,500 $45,000 $104,500
2018 $3,538 $110,700 $35,500 $75,200
2017 $3,538 $110,700 $35,500 $75,200
2016 $3,538 $110,700 $35,500 $75,200
2015 $2,757 $83,300 $30,000 $53,300
2014 $2,811 $83,300 $30,000 $53,300
2013 $2,811 $83,300 $30,000 $53,300
Source: Public Records

Agents Affiliated with this Home

  • Helene Dominguez

    Seller's Agent in 2022

    Helene Dominguez

    D'Empire Real Estate LLC

    (401) 688-2119

    3 in this area

    105 Total Sales

    Section Image
  • Jose Diaz

    Buyer's Agent in 2022

    Jose Diaz

    Keller Williams Coastal

    (401) 261-8747

    4 in this area

    145 Total Sales

    Section Image
  • Lisa Pagano

    Seller's Agent in 2018

    Lisa Pagano

    Mott & Chace Sotheby's Intl.

    (401) 447-9505

    40 Total Sales

    Section Image
  • Felix Guzman Jr

    Buyer's Agent in 2018

    Felix Guzman Jr

    Coldwell Banker Realty

    (401) 862-8847

    16 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1305516

State-Wide MLS

APN: PROV-640408-000000-000000

Rhode Island Providence County Providence 02908 Mount Pleasant

78 Fairmount Ave, Providence, RI

This home is located at 78 Fairmount Ave, Providence, RI 02908 since 20 March 2022 and is currently estimated at $470,757, approximately $149 per square foot. This property was built in 1875. 78 Fairmount Ave is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

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