NOT LISTED FOR SALE

81 Forest St Providence, RI 02906

Mount Hope Neighborhood

Estimated Value: $871,000 - $1,031,000

6 Beds
3 Baths
3,300 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $450,000 $136 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,283/month

22 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Shops
  • Thermal Windows
  • Public Transportation
  • 3-minute walk to Morris Avenue Tot Lot

About This Home

As of October 2016

Classic multi in popular Hope Village! Opportunity to live in & collect two rents or to invest. Great living space with double parlors plus dining room. Recent roof & windows. Separate utilities. Short walk to farmer's market, shops, restaurants etc

Last Agent to Sell the Property

Ellen Kasle

Residential Properties Ltd. License #RES.0017347 Listed on: 09/01/2016

Residential Properties Ltd.

Last Buyer's Agent

Doreen Caruso

Broadway Real Estate Group License #RES.0024649

Broadway Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1930

Lot Details

  • 4,791

Parking

  • No Garage

Home Design

  • Aluminum Siding
  • Plaster

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Wood Flooring
  • Storm Doors

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Additional Features

  • Porch
  • 4,791 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 203
  • Assessor Parcel Number 81FORESTSTPROV

Community Details

Overview

  • 3 Units
  • Hope Village Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $2,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,822

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: HOPE VILLAGE
  • Above Grade Finished Sq Ft: 3300.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 3300.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4791.0
  • Parcel #: 81FORESTSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2745.0

Tax Info

  • Tax Annual Amount: 6822.0
  • Tax Lot: 203
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 25, 2016
Sold by
Shectman Stephen J
Bought by
Danielian Jared W and Sutton Suzanne
Seller's Agent
Ellen Kasle
Residential Properties Ltd.
Buyer's Agent
Doreen Caruso
Broadway Real Estate Group
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Current Estimated Value
$949,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,562
Avg. Annual Appreciation
8.91%
Original Mortgage
$412,087
Outstanding Balance
$335,443
Interest Rate
3.44%
Mortgage Type
FHA
Estimated Equity
$621,974

Purchase Details

Closed on
Aug 10, 2016
Sold by
Shechtman Stephen J and Deluca-Shechtman Dana
Bought by
Shechtman Stephen J
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
Danielian Jared W $450,000 --
Shechtman Stephen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danielian Jared W $38,143
Open Danielian Jared W $412,087
Previous Owner Shechtman Stephen J $100,000
Previous Owner Shechtman Stephen J $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $450,000 +2.5% $136 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $439,000 -- $133 / 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 $13,304 $725,000 $311,900 $413,100
2023 $13,304 $725,000 $311,900 $413,100
2022 $12,905 $725,000 $311,900 $413,100
2021 $12,518 $509,700 $205,900 $303,800
2020 $12,518 $509,700 $205,900 $303,800
2019 $12,518 $509,700 $205,900 $303,800
2018 $13,075 $409,100 $204,800 $204,300
2017 $13,075 $409,100 $204,800 $204,300
2016 $11,598 $362,900 $204,800 $158,100
2015 $11,337 $342,500 $190,100 $152,400
2014 $11,559 $342,500 $190,100 $152,400
2013 $11,559 $342,500 $190,100 $152,400
Source: Public Records

Agents Affiliated with this Home

  • Ellen Kasle

    Seller's Agent in 2016

    Ellen Kasle

    Residential Properties Ltd.

    (401) 451-7848

    2 in this area

    66 Total Sales

    Ellen Kasle
    Section Image

  • D

    Buyer's Agent in 2016

    Doreen Caruso

    Broadway Real Estate Group

    (401) 529-7397

    45 Total Sales

    Doreen Caruso
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1135749

State-Wide MLS

APN: PROV-060203-000000-000000

Rhode Island Providence County Providence 02906 Mount Hope

81 Forest St, Providence, RI

This home is located at 81 Forest St, Providence, RI 02906 since 01 September 2016 and is currently estimated at $949,562, approximately $287 per square foot. This property was built in 1930. 81 Forest St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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