Seller's Agent in 2017
David Abbott
Residential Properties Ltd.
(401) 523-8806
22 Total Sales
88 Summit Ave Providence, RI 02906
Estimated Value: $898,425 - $1,028,000
6
Beds
3
Baths
2,908
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Spa
- Wood Flooring
- Tennis Courts
- Solar Power System
- Attic
- Workshop
About This Home
As of December 2017Superb location. Excellent Condition - Nothing needs fixing, it's all been done. Open and bright - so sunny, in fact, that the previous owner installed solar hot water and photovoltaic panels. The first floor 3 bed unit is completely fresh, and makes an excellent income-enhancement. Upstairs 3 bed townhouse was rehabbed in 2015. It has ductless a/c, an open floor plan, a master suite w/new bath & laundry, a beautifully laid-out and applianced cook's kitchen, and a new 3rd floor loft-style bedroom with its own luxurious bath. All of the systems are terrific: boilers are recent and high quality; electrical is dazzling with photovoltaic solar panels paying much of the bill; hot water is common for both units-- nice for tenants, and practically free for the owner because it's solar. The exterior was painted in 2016. This neighborhood is hip, fun, and desirable, with an excellent walkability score. Pick up a cup of coffee at Seven Stars, and come see for yourself.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0028945 Listed on: 11/18/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,684
Year Built
- Built in 1915
Lot Details
- 4,312
Home Design
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 2,908 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Workshop
- Utility Room
- Permanent Attic Stairs
- Storm Windows
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Insulation
- Solar Power System
- Solar Water Heater
- Solar Heating System
- Energy-Efficient Hot Water Distribution
Outdoor Features
- Spa
- Balcony
- Porch
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Heat Pump System
- Heating System Uses Steam
- 100 Amp Service
- High-Efficiency Water Heater
- Gas Water Heater
Additional Features
- 4,312 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 380
- Assessor Parcel Number 8890SUMMITAVPROV
Community Details
Overview
- 2 Units
- Hope Village Summit Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $11,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2017
Closed on
Dec 29, 2017
Sold by
Ridout Samuel J and Ridout Kathryn K
Bought by
Sangermano Michael and Li Kangqiao
Seller's Agent
David Abbott
Residential Properties Ltd.
Buyer's Agent
Annalise Cohen
Residential Properties Ltd.
List Price
$499,000
Sold Price
$499,000
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
$474,142
Avg. Annual Appreciation
8.50%
Original Mortgage
$399,200
Outstanding Balance
$274,363
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$698,779
Purchase Details
Listed on
Apr 16, 2014
Closed on
Jun 13, 2014
Sold by
Lutz Barbara K
Bought by
Ridout Kathryn K and Ridout Samuel J
Seller's Agent
Barbara Dacey
Residential Properties Ltd.
Buyer's Agent
Kevin Fox
Coldwell Banker Res. Brokerage
List Price
$368,000
Sold Price
$360,000
Premium/Discount to List
-$8,000
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$288,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2005
Sold by
Cucco John A
Bought by
Lutz Barbara Karina
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sangermano Michael | $499,000 | -- | |
| Ridout Kathryn K | $360,000 | -- | |
| Ridout Kathryn K | $360,000 | -- | |
| Lutz Barbara Karina | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sangermano Michael | $399,200 | |
| Previous Owner | Ridout Kathryn K | $288,000 | |
| Previous Owner | Lutz Barbara Karina | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/28/2017 12/28/17 | Sold | $499,000 | 0.0% | $172 / Sq Ft | |
| 11/28/2017 11/28/17 | Pending | -- | -- | -- | |
| 11/18/2017 11/18/17 | For Sale | $499,000 | +38.6% | $172 / Sq Ft | |
| 06/12/2014 06/12/14 | Sold | $360,000 | -2.2% | $139 / Sq Ft | View Prior Sale |
| 05/13/2014 05/13/14 | Pending | -- | -- | -- | |
| 04/16/2014 04/16/14 | For Sale | $368,000 | -- | $142 / Sq Ft |
Source: State-Wide MLS
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 | $6,223 | $824,200 | $369,400 | $454,800 |
| 2024 | $10,726 | $584,500 | $249,000 | $335,500 |
| 2023 | $10,726 | $584,500 | $249,000 | $335,500 |
| 2022 | $10,404 | $584,500 | $249,000 | $335,500 |
| 2021 | $10,792 | $439,400 | $195,400 | $244,000 |
| 2020 | $10,792 | $439,400 | $195,400 | $244,000 |
| 2019 | $10,792 | $439,400 | $195,400 | $244,000 |
| 2018 | $10,684 | $334,300 | $169,200 | $165,100 |
| 2017 | $10,684 | $334,300 | $169,200 | $165,100 |
| 2016 | $10,684 | $334,300 | $169,200 | $165,100 |
| 2015 | $10,096 | $305,000 | $157,900 | $147,100 |
| 2014 | $9,396 | $278,400 | $157,900 | $120,500 |
| 2013 | $8,677 | $257,100 | $157,900 | $99,200 |
Source: Public Records
Agents Affiliated with this Home
-
David Abbott
-
Annalise Cohen
A
Buyer's Agent in 2017
Annalise Cohen
Residential Properties Ltd.
(401) 529-3984
1 Total Sale
-
Barbara Dacey
Seller's Agent in 2014
Barbara Dacey
Residential Properties Ltd.
(401) 553-6322
130 Total Sales
-
K
Buyer's Agent in 2014
Kevin Fox
Coldwell Banker Res. Brokerage
Map
Source: State-Wide MLS
MLS Number: 1178158
APN: PROV-730380-000000-000000
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