$599,000
SOLD NOV 1, 2021
5 Beds
2 Baths
3,960 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

1% Above List Price

36 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Skylights
  • Attic
  • 2 Car Detached Garage
  • 1-minute walk to Summit Ave Playground (Kerry Kohring Park)

About This Home

As of November 2021

Due to buyer financing issues, we are back on the market! This immaculate two-unit home on the East Side of Providence is an absolute gem. Both units are spotless and fully updated. First-floor has two large bedrooms, one full bath, living room, and large dining room as well as tons of closets and storage and a front porch for relaxing. The kitchen is modern with contemporary stainless appliances. Unit 2 has even more space with three bedrooms, a home office, a full bath, a living room, a dining room, and a quaint enclosed screened porch to enjoy in all seasons. Both units have lovely hardwood floors. There are individual washers and dryers for each unit in the basement. We have already completed a home inspection so you can buy this property with no worries. Enjoy the short walk to all of the restaurants and shops on Hope Street! Close to the best private schools, universities, and hospitals. The newer mechanicals, central AC, tankless hot water, and superb condition make this building one you would be proud to live in, or own as an investment property that will pay you back for years to come. Please note: expected rents in this East Side location should be $2000-$2200 per unit.

Last Agent to Sell the Property

Kimberly Marion

Engel & Volkers License #RES.0042828 Listed on: 08/26/2021

Engel & Volkers

Last Buyer's Agent

Michael Silva

Cote Partners Realty LLC License #REB.0019729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,681

Year Built

  • Built in 1920

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 172
  • Assessor Parcel Number 8082EIGHTHSTPROV

Community Details

Overview

  • 2 Units
  • East Side Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,681

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: East Side
  • Above Grade Finished Sq Ft: 3960.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Bathtub, Skylights
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Porch, Screened

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: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 8082EIGHTHSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9681.0
  • Tax Lot: 172
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 1, 2021
Sold by
Mcgrane Carie F and Mcgrane Eugene E
Bought by
Lani Wong Ret and Wong
Seller's Agent
Kimberly Marion
Engel & Volkers
Buyer's Agent
Michael Silva
Cote Partners Realty LLC
List Price
$595,000
Sold Price
$599,000
Premium/Discount to List
$4,000
0.67%
Current Estimated Value
$828,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,066
Avg. Annual Appreciation
7.64%

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 7, 2018
Sold by
Cipolla Terry
Bought by
Mcgrane Eugene E and Mcgrane Carie F
Seller's Agent
Terry Cipolla
First Choice Real Estate Group
Buyer's Agent
Jarrod Pequot
Edge Realty RI
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Cipolla Terry
Bought by
Cipolla Marissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2016
Sold by
Cipolla Terry
Bought by
Cipolla Marissa B and Cipolla Terry

Purchase Details

Listed on
Sep 15, 2014
Closed on
Jul 2, 2015
Sold by
Matiachov Minton-Matiachov A and Matiachov Yuliya
Bought by
Cipolla Terry
Seller's Agent
Charlotte Roberts
First Choice Real Estate Group
Buyer's Agent
Maria Sion
First Choice Real Estate Group
List Price
$290,000
Sold Price
$240,000
Premium/Discount to List
-$50,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$246,300
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Hospital Prop
Bought by
Minton Alexandre A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $599,000 None Available
Warranty Deed $440,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $240,000 --
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $246,300 New Conventional
Previous Owner $304,611 No Value Available
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $599,000 +0.7% $151 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $595,000 +35.2% $150 / Sq Ft
09/07/2018 09/07/18 Sold $440,000 -4.1% $93 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $459,000 +91.3% $97 / Sq Ft
07/02/2015 07/02/15 Sold $240,000 -17.2% $80 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $290,000 -- $97 / 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 $10,175 $554,500 $251,100 $303,400
2023 $10,175 $554,500 $251,100 $303,400
2022 $9,870 $554,500 $251,100 $303,400
2021 $9,682 $394,200 $202,700 $191,500
2020 $9,682 $394,200 $202,700 $191,500
2019 $9,682 $394,200 $202,700 $191,500
2018 $9,927 $310,600 $175,500 $135,100
2017 $9,927 $310,600 $175,500 $135,100
2016 $9,927 $310,600 $175,500 $135,100
2015 $9,152 $276,500 $163,800 $112,700
2014 $9,332 $276,500 $163,800 $112,700
2013 $9,332 $276,500 $163,800 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1292088

State-Wide MLS

APN: PROV-910172-000000-000000