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142 Prospect Street

142 Prospect Street, Providence, RI 02906
Property in College Hill
Sold Aug 26, 2021
$825,000
$545,000 by Flagstar Bank Fsb
Mortgage
Sold May 01, 2018
$575,000
$517,500 by Fairway Independent Mortgage C
Mortgage Due May 01, 2048
Local assessors in Providence, RI have categorized 142 Prospect Street as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 5,287 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 142 Prospect Street has a total of 2,376 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,451 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 142 Prospect Street was last sold in Aug 26, 2021 for $825,000. According to our calculations, that's $347.22 per sqft. Prior to that sales transaction, the property was sold for $575,000 in Jan 1, 1970. Current property owners are expected to pay $15,462 in taxes per year. The property on 142 Prospect Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $842,600. To break that down further, the land itself was valued at $321,900. While improvements to the property were assessed at a total of $520,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,451
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,287
  • Total Building Area: 2,376
  • Gross Building Area: 4,099
  • Building Area: 2,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,376
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ELLIS ALEXANDRA G
  • Current Owner 2: LARUE RYAN E
  • Previous Owner : SOCK GARRETT D
  • Previous Owner 2: SOCK SHARON L
  • Owner Before Previous Owner: MITCHELL DAVID
  • Owner Before Previous Owner 2: SALONGA VICTORIA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 003602

Zoning

  • Zoning: R-1

Geography

  • Account Number: 41027
  • Parcel: PROV M:9 L:569
  • Lot: 569
  • Municipality: PROVIDENCE
  • Latitude: 41.8336
  • Longitude: -71.4068

    Address

  • Full Address: 142 Prospect St
  • Address - House Number: 142
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: RI
  • City Name: Providence
  • Carrier Code: C025
  • 4-Digit Zip Code: 1444
  • Zip Code: 02906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,462

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 78
  • Final Value: 1,000,882
  • High Value: 1,169,060
  • Low Value: 832,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $545,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $545,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,600
  • Assessed Land Value: $321,900
  • Assessed Improvements Value: $520,700

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11853776832
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021297269
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $545,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Loan Amount: $517,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2048

About College Hill



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Frequently Asked Questions

What neighborhood is 142 Prospect Street located in?
The 142 Prospect Street is a located in the neighborhood of College Hill in College Hill, Providence.
What is the average sales price for listings in 142 Prospect Street?
The average sales price for units in 142 Prospect Street is $0 currently.

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