NOT LISTED FOR SALE

948 Narragansett Blvd Providence, RI 02905

Washington Park Neighborhood

Estimated Value: $544,000 - $656,000

5 Beds
2 Baths
4,025 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $525,000 $130 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,445/month

35 Days on Market

Highlights

  • Marina
  • Attic
  • Skylights
  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to Columbia Park

About This Home

As of March 2023

Welcome to 948 Narragansett Blvd! This multi-family is a TRUE GEM! Conveniently located in Washington park, close to Downtown, Edgewood & within walking distance to Johnson & Wales University Harborside Campus (prime rental location). This 2 family offers brand new electrical and plumbing, including 2 Navien Combi- boilers installed in 2023 ,Hardwired smoke alarm system, New roof installed in late 2022, new kitchens & baths and new windows installed late 2022. Plenty of room for expansion in attic, potentially making the second floor a 6 bed 2 baths townhouse. First floor is currently a 2 beds and one bath. This Graciously remodeled income generating property is perfect for both owner- occupied buyers and investors , offering you a new construction feel mixed with the charm of a classic New England home.
*photos of second floor were taken prior to tenants moving in*

Last Agent to Sell the Property

Dilia Vallejo

Circle 100 Real Estate License #RES.0044840 Listed on: 01/31/2023

Last Buyer's Agent

The Rachel Jones Team

SKD Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,163

Year Built

  • Built in 1920

Lot Details

  • 5,120

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring
  • Attic

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • 5,120 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 866
  • Assessor Parcel Number 948NARRAGANSETTBLVDPROV

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,163

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1175
  • Inclusions: heating source is on propane gas temporarily. Natural Gas line and meters installation is scheduled for Spring 2023
  • Above Grade Finished Sq Ft: 4025.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Skylights, Tub Shower
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding

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: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Other
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5120.0
  • Parcel #: 948NARRAGANSETTBLVDPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5163.0
  • Tax Lot: 866
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 14, 2023
Sold by
Nd Properties Llc
Bought by
Dabo Bndeye Y
Seller's Agent
Dilia Vallejo
Circle 100 Real Estate
Buyer's Agent
The Rachel Jones Team
SKD Real Estate
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Views
17
Current Estimated Value
$600,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,160
Avg. Annual Appreciation
5.10%
Original Mortgage
$515,490
Outstanding Balance
$498,506
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$101,654

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 10, 2022
Sold by
Brown Investments Llc
Bought by
Nd Properties Llc
Seller's Agent
Nick Cantave
Cantave Realty Group, Inc.
Buyer's Agent
Non Member
Non Member Office
List Price
$419,000
Sold Price
$320,000
Premium/Discount to List
-$99,000
-23.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.43%
Original Mortgage
$256,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2018
Sold by
Davis William T and Wilmington Svgs Fund Soc
Bought by
Brown Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Sold by
Prov Water Supply Boar and Providence City Of
Bought by
Ri Housing & Mtg Fin Cor

Purchase Details

Closed on
Mar 5, 1997
Sold by
Hochman Jean E
Bought by
Gill Heidi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,440
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dabo Bndeye Y $525,000 None Available
Nd Properties Llc $320,000 None Available
Brown Investments Llc $161,000 --
Ri Housing & Mtg Fin Cor $1,084 --
Ri Housing & Mtg Fin Cor $1,084 --
Gill Heidi R $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabo Bndeye Y $515,490
Previous Owner Nd Properties Llc $256,000
Previous Owner Brown Investments Llc $141,000
Previous Owner Gill Heidi R $75,000
Previous Owner Gill Heidi R $74,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $525,000 -0.8% $130 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $529,000 +65.3% $131 / Sq Ft
08/12/2022 08/12/22 Sold $320,000 -20.0% $137 / Sq Ft View Prior Sale
08/11/2022 08/11/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $399,900 -4.6% $171 / Sq Ft
07/11/2022 07/11/22 For Sale $419,000 -- $179 / 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 $3,416 $452,500 $121,700 $330,800
2024 $5,885 $320,700 $89,200 $231,500
2023 $5,885 $320,700 $89,200 $231,500
2022 $5,164 $290,100 $89,200 $200,900
2021 $3,149 $128,200 $45,200 $83,000
2020 $3,149 $128,200 $45,200 $83,000
2019 $3,149 $128,200 $45,200 $83,000
2018 $4,736 $148,200 $49,900 $98,300
2017 $4,736 $148,200 $49,900 $98,300
2016 $4,736 $148,200 $49,900 $98,300
2015 $3,995 $120,700 $41,100 $79,600
2014 $4,074 $120,700 $41,100 $79,600
2013 $4,074 $120,700 $41,100 $79,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dilia Vallejo

    Circle 100 Real Estate

    (401) 678-1725

    2 in this area

    46 Total Sales

    Dilia Vallejo
    Section Image
  • The Rachel Jones Team

    Buyer's Agent in 2023

    The Rachel Jones Team

    SKD Real Estate

    (401) 663-6162

    2 in this area

    203 Total Sales

    The Rachel Jones Team
    Section Image
  • Nick Cantave

    Seller's Agent in 2022

    Nick Cantave

    Cantave Realty Group, Inc.

    (781) 725-2172

    1 in this area

    40 Total Sales

    Nick Cantave
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1329073

State-Wide MLS

APN: PROV-870866-000000-000000

Rhode Island Providence County Providence 02905 Washington Park

948 Narragansett Blvd, Providence, RI

Not Listed for Sale

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