NOT LISTED FOR SALE

87 Sutton St Providence, RI 02903

Federal Hill Neighborhood

Estimated Value: $790,000 - $913,000

8 Beds
3 Baths
3,271 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $799,900 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,838/month

25 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Baseboard Heating
  • Bathtub with Shower
  • Storage Room
  • 2-minute walk to St John's Park

About This Home

As of August 2024

Massive 3 family with amazing 3rd floor unit. Vaulted ceilings, spa-like bathroom, in unit laundry, private deck. All 3 units are spacious. 1st and 2nd floor units offer 3 bedrooms and 1 bath. Coin-op laundry in basement for 1st and 2nd floor usage. Tenants pay their own utilities. Parking for 4 vehicles. Property can also be sold with 89 Sutton (6 bedroom 2 bathroom single family home) if desired. Currently priced separately. Owner is an investor who purchased the property as a multi property portfolio. Taxes are based at the investor rate. Owner occupied buyer will get the homestead exemption rate.

Last Agent to Sell the Property

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742 Listed on: 06/04/2024

Last Buyer's Agent

Robert Rutley

Mott & Chace Sotheby's Intl. License #REB.0019597

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,803

Year Built

  • Built in 1935

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,271 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 3 Units
  • Federal Hill/Broadway Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0176
  • Assessor Parcel Number 87SUTTONSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,803

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Inclusions: Please refer to the sellers PL statement for income and expense figures.
  • Subdivision Name: Federal Hill/Broadway
  • Above Grade Finished Sq Ft: 3271.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1935
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 87SUTTONSTPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 9802.6
  • Tax Lot: 0176
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Aug 13, 2024
Sold by
Dnc Acquisitions Llc
Bought by
Page Dustin and Cedarholm Haley
Seller's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
Buyer's Agent
Robert Rutley
Mott & Chace Sotheby's Intl.
List Price
$799,900
Sold Price
$799,900
Views
13
Current Estimated Value
$845,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,065
Avg. Annual Appreciation
3.99%
Original Mortgage
$719,910
Outstanding Balance
$710,438
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$135,527

Purchase Details

Closed on
Jul 28, 2014
Sold by
S & L Realty Llc
Bought by
Dnc Acquisitions Llc

Purchase Details

Closed on
Jan 9, 2009
Sold by
Russo Alfred and Russo Marie E
Bought by
Bank Of America Na
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
Page Dustin $799,900 None Available
Dnc Acquisitions Llc -- --
Dnc Acquisitions Llc -- --
Bank Of America Na $229,140 --
Bank Of America Na $229,140 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Dustin $719,910
Previous Owner Bank Of America Na $2,500,000
Previous Owner Bank Of America Na $400,000
Previous Owner Bank Of America Na $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2024 08/13/24 Sold $799,900 0.0% $245 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $799,900 -- $245 / 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 $5,495 $727,800 $260,000 $467,800
2024 $9,803 $534,200 $210,000 $324,200
2023 $9,803 $534,200 $210,000 $324,200
2022 $9,509 $534,200 $210,000 $324,200
2021 $8,466 $344,700 $134,200 $210,500
2020 $8,466 $344,700 $134,200 $210,500
2019 $8,466 $344,700 $134,200 $210,500
2018 $6,440 $201,500 $77,600 $123,900
2017 $6,440 $201,500 $77,600 $123,900
2016 $6,440 $201,500 $77,600 $123,900
2015 $5,399 $163,100 $77,600 $85,500
2014 $5,505 $163,100 $77,600 $85,500
2013 $5,505 $163,100 $77,600 $85,500
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Corsetti

    Seller's Agent in 2024

    Stephanie Corsetti

    Alliance Real Estate Group LLC

    (401) 255-6666

    9 in this area

    29 Total Sales

    Stephanie Corsetti
    Section Image
  • Robert Rutley

    Buyer's Agent in 2024

    Robert Rutley

    Mott & Chace Sotheby's Intl.

    (401) 601-0446

    2 in this area

    50 Total Sales

    Robert Rutley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1360036

State-Wide MLS

APN: PROV-280176-000000-000000

Rhode Island Providence County Providence 02903 Federal Hill

87 Sutton St, Providence, RI

Not Listed for Sale

MultiFamily

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