NOT LISTED FOR SALE

555 S Water St Unit 230 Providence, RI 02903

Fox Point Neighborhood

Estimated Value: $422,000 - $453,000

1 Bed
1 Bath
860 Sq Ft
$549/mo HOA Fee

Last Sold February 06, 2024

Last sale price $405,000 $471 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,446/month

110 Days on Market

Highlights

  • Marina
  • 2.01 Acre Lot
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of February 2024

Welcome to stylish Corliss Landing! This building, steeped in Providence history was once the Providence Steam Engine Co. circa 1845. Now converted into stylish modern condos positioned perfectly in the center of everything for all of your needs. This 1 bed unit gleams featuring warm hardwood floors & exposed brick walls. The layout has excellent flow w an open concept that is perfect for entertaining. The kitchen is updated w stainless steel countertops, sleek modern cabinetry & updated high end appliances. The oversized bedroom offers plenty of storage space w room for a desk for your home office creating a flexible space to work with. This unit is equipped w newer mechanicals including central air & heat. There's the added convenience of in-unit laundry & updated dishwasher. The property has a gated parking space conveniently located on site. The courtyard garden area features a great patio finished w cobblestone & brick, patio furniture, & barbecue grills, great for enjoying outdoors all while being in a hip urban setting. Located in East side/Foxpoint by the Jewelry District, this location offers everything. Just across from the new Trader Joe's, easy highway access, everything is right at your fingertips w great shopping, restaurants by Wickenden St., Bridge St., active community events at India Point Park, Providence waterfront is just steps away including the pedestrian bridge. Conveient to RISD Brown and all that Providence has to offer. A great place to call home!

Last Listed By

Peter Capizzo

Luxe Residential License #REB.0018309 Listed on: 10/06/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1835

Lot Details

  • 2.01

HOA Fees

  • $549 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 860 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Laundry in unit
  • Unfinished Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 555SOUTHWATERST230PROV

Community Details

Overview

  • Association fees include ground maintenance, snow removal, security, trash, water
  • 84 Units
  • Fox Point East Side Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,105

Year Built

Built in 1835

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 2.0147
  • Inclusions: Property address aka 521 S. Main St aka 521 S. Water St. All information is deemed reliable but not guaranteed Buyers/buyers agent to do own due diligence.
  • Subdivision Name: Fox Point East Side
  • Above Grade Finished Sq Ft: 860.0
  • Architectural Style: Loft
  • Building Name: Corliss Landing
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1835
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 860.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Brick
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 548.55
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Security, Trash, Water

Lot Info

  • Lot Size Sq Ft: 87761.0
  • Parcel #: 555SOUTHWATERST230PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 84

Tax Info

  • Tax Annual Amount: 3105.44
  • Tax Lot: 8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Colannino Michael
Bought by
Colannino Ft and Colannino
Total Days on Market
110
Current Estimated Value
$437,761

Purchase Details

Listed on
Oct 6, 2023
Closed on
Feb 7, 2024
Sold by
Shewmaker Peter T
Bought by
Lee Peter H and Lee Chae L
Seller's Agent
Peter Capizzo
Luxe Residential
Buyer's Agent
Mary Shekarchi
SHAWOMET REALTY COMPANY
List Price
$424,900
Sold Price
$405,000
Premium/Discount to List
-$19,900
-4.68%
Views
412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$303,750
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2023
Sold by
Costa Madeleine
Bought by
Sherin Bahig Elwy Ret and Elwy

Purchase Details

Closed on
Jul 11, 2023
Sold by
Thivierge Russell
Bought by
Biliouris Amanda J

Purchase Details

Closed on
Apr 19, 2023
Sold by
Herron William F and Herron David Jessica
Bought by
Horan Barbara and Horan John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2023
Sold by
Dunkers Don and Dunkers Lisa M
Bought by
Bak Galip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2018
Sold by
Shewmaker Michael B and Shewmaker Keiko G
Bought by
Shewmaker Michael B and Shewmaker Keiko G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2018
Sold by
Behr Elaine K and Behr Laurie M
Bought by
Shewmaker Mihael B and Shewmaker Keiko G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2013
Sold by
Behr Elaine K
Bought by
Behr Laurie M

Purchase Details

Closed on
Jan 14, 2011
Sold by
Bulman Michael
Bought by
Behr Elaine K

Purchase Details

Closed on
Jan 4, 2011
Sold by
Bulman Joseph and Bulman Sarah
Bought by
Bulman Michael

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
Colannino Ft -- None Available
Lee Peter H $405,000 None Available
Sherin Bahig Elwy Ret $415,000 None Available
Biliouris Amanda J $950,000 None Available
Horan Barbara -- None Available
Horan Barbara $605,100 None Available
Bak Galip $320,000 None Available
Shewmaker Michael B -- --
Shewmaker Mihael B $300,000 --
Behr Laurie M -- --
Behr Elaine K $263,500 --
Bulman Michael $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Peter H $303,750
Previous Owner Bak Galip $272,000
Previous Owner Shewmaker Mihael B $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $405,000 -4.7% $471 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
10/06/2023 10/06/23 For Sale $424,900 -- $494 / 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 $5,448 $296,900 $0 $296,900
2023 $5,448 $296,900 $0 $296,900
2022 $5,285 $296,900 $0 $296,900
2021 $7,049 $287,000 $0 $287,000
2020 $7,049 $287,000 $0 $287,000
2019 $7,049 $287,000 $0 $287,000
2018 $6,513 $203,800 $0 $203,800
2017 $6,513 $203,800 $0 $203,800
2016 $6,513 $203,800 $0 $203,800
2015 $7,553 $228,200 $0 $228,200
2014 $7,702 $228,200 $0 $228,200
2013 $7,702 $228,200 $0 $228,200
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1345502

State-Wide MLS

APN: PROV-180008-000000-000230