NOT LISTED FOR SALE

Estimated Value: $522,393 - $580,000

5 Beds
2.5 Baths
2,012 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $500,000 $249 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,509/month

9 Days on Market

About This Home

As of March 2024

This two family in the heart of East Providence is the perfect investment property for someone looking to be an owner occupied landlord or an investor building their portfolio. The first unit is made up of 2 beds and 1 full bath with a half bath in the basement. The second unit has 3 bedrooms and an eat in kitchen. The basement has more living space and a lot of potential. There is a long drive way to allow for off street parking along with a garage. Located on a large lot with over 9,000 square feet. Both units are vacant and ready to be rented out. This is an estate sale, being sold as-is by an executor, no disclosures.
Back on the market due to buyer financing.

OFFER DEADLINE TUESDAY 3/5/24 BY 5:00 PM

Last Listed By

Jeffrey Cabral

Here To There Realty License #RES.0047954 Listed on: 10/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1904

Lot Details

  • 9,456 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 2,012 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 34-005
  • Assessor Parcel Number 62FIFTHSTEPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2171
  • Above Grade Finished Sq Ft: 2012.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1904
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9456.0
  • Parcel #: 62FIFTHSTEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5338.7
  • Tax Lot: 34-005
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Mar 21, 2024
Sold by
Connelly R J
Bought by
Cooper Landis L and Tolbert Isaac R
Seller's Agent
Jeffrey Cabral
Here To There Realty
Buyer's Agent
Nicholas Ferrara
Coldwell Banker Realty
List Price
$470,000
Sold Price
$500,000
Premium/Discount to List
$30,000
6.38%
Total Days on Market
9
Views
151
Current Estimated Value
$547,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,098
Avg. Annual Appreciation
5.64%
Original Mortgage
$425,000
Outstanding Balance
$422,726
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,367

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cooper Landis L $500,000 None Available
Cooper Landis L $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Landis L $425,000
Closed Cooper Landis L $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $500,000 +6.4% $249 / Sq Ft
02/26/2024 02/26/24 For Sale $470,000 0.0% $234 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $470,000 -- $234 / 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 $5,545 $361,700 $78,200 $283,500
2023 $5,339 $361,700 $78,200 $283,500
2022 $4,886 $223,500 $43,700 $179,800
2021 $4,805 $223,500 $39,900 $183,600
2020 $4,602 $223,500 $39,900 $183,600
2019 $4,474 $223,500 $39,900 $183,600
2018 $4,288 $187,400 $42,000 $145,400
2017 $4,192 $187,400 $42,000 $145,400
2016 $4,172 $187,400 $42,000 $145,400
2015 $4,422 $192,700 $51,800 $140,900
2014 $4,422 $192,700 $51,800 $140,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 161 Mauran Ave Unit 163, East Providence, RI 02914

    $575,000

    • 4 Beds
    • 2 Baths
    • 4,990 Sq Ft
    • 161 Mauran Ave
    • Unit 163
    • East Providence, RI

    Nestled in the desirable Pierce Field neighborhood of East Providence, this well-maintained 2-family home offers a prime opportunity for both owner-occupants and investors alike. Perched on a hill, the second floor boasts sweeping views of the Providence skyline, while newer windows throughout (replaced within the last four years) invite abundant natural light into every room. Each unit is

    Nancy Lamothe Jack Conway & Co Inc.

    Section Image
  • 35 Winsor St, East Providence, RI 02914

    $474,900

    • 4 Beds
    • 2 Baths
    • 1,718 Sq Ft
    • 35 Winsor St
    • East Providence, RI

    Well-maintained Two-Family home in the heart of East Providence. This property features two spacious units, each boasting large outdoor deck spaces for additional living space. The main unit is an oversized one bedroom with a large kitchen, formal dining and living room. Upstairs is a 3-bed 1 bath unit. Both move in ready. Conveniently located, this two-family offers easy access to nearby

    Robert Rinn RE/MAX Professionals

    Section Image
  • 72 John St, East Providence, RI 02914

    $499,900

    • 4 Beds
    • 2 Baths
    • 2,247 Sq Ft
    • 72 John St
    • East Providence, RI

    Centrally located!! Well maintained 2 family professional possibilities, young roof & boiler, upgraded electric, vinyl siding/replacement windows, sliders, deck, patio & garage, 9,000+sf corner lot. Easy highway access, minutes to East Side, downtown Providence, colleges, hospitals, restaurants & shopping!!

    Jeffrey Mateus Mateus Realty

    Section Image
  • 164 Central Ave Unit 166, East Providence, RI 02914

    $599,900

    • 6 Beds
    • 3 Baths
    • 2,125 Sq Ft
    • 164 Central Ave
    • Unit 166
    • East Providence, RI

    Looking for the perfect owner occupied multi family with off street parking and a garage / workshop? Here it is! This home was owner occupied and very well maintained. Both units are in move in condition. Unit 1 is a spacious 2bd 1ba, unit 2 features 4bd and 2ba. Unit 2 has had recent updates and the exterior was recently power washed and has a brand new roof. Owners and investors, don't miss

    Timothy Bartucca BHHS Evolution Properties

    Section Image
  • 9 Apulia St, East Providence, RI 02914

    $565,000

    • 4 Beds
    • 2 Baths
    • 2,919 Sq Ft
    • 9 Apulia St
    • East Providence, RI

    This well-maintained 2-family home in East Providence, RI offers an excellent investment opportunity. Both units are currently occupied, each featuring 2 bedrooms and 1 full bathroom, providing comfortable living spaces. Tenants are responsible for electric bills, while the owner covers the gas and heating expenses. The property includes 4 off-street parking spots, ensuring convenience for

    Kyle Seyboth Century 21 The Seyboth Team

    Section Image
  • 2407 Pawtucket Ave, East Providence, RI 02914

    $478,900

    • 4 Beds
    • 2 Baths
    • 1,728 Sq Ft
    • 2407 Pawtucket Ave
    • East Providence, RI

    Great 2 Family home with 2nd & 3rd floor Townhouse unit. Kitchens with butler's pantries, hardwood floors, separate set of laundry in the basement, nice back yard, large back deck, plenty of parking and more!Rents are well below market value, tenants month to month.

    Debbie Gold Coldwell Banker Realty

    Section Image
  • 117 Centre St Unit 119, Rumford, RI 02916

    $599,900

    • 5 Beds
    • 3.5 Baths
    • 2,349 Sq Ft
    • 117 Centre St
    • Unit 119
    • Rumford, RI

    Welcome to 117-119 Centre St! This side by side multifamily property features three spacious units and is conveniently located in the Rumford section of East Providence. Whether you're looking to owner-occupy or add to your portfolio, this property is a must see! This well maintained property offers a unique layout with just over 2,300 Sq/ft. of living space across three units. The first unit is

    The RR&A Team Coldwell Banker Realty

    Section Image

Source: State-Wide MLS

MLS Number: 1346356

State-Wide MLS

APN: EPRO-000106-000034-000005