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703 Academy Avenue

703 Academy Avenue, Providence, RI 02908
Property in Elmhurst
Sold May 31, 2022
$495,100
$486,034 by Movement Mortgage
Mortgage
Sold Dec 12, 2017
$288,000
$216,000 by Movement Mtg Llc
Mortgage Due Dec 12, 2048
703 Academy Avenue in Providence, RI was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 703 Academy Avenue has 2,140 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,070 sqft and has been categorized as a full basement. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. There are a total of 4 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. 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, 703 Academy Avenue was last sold in May 31, 2022 for $495,100. According to our calculations, that's $231.36 per sqft. Prior to that sales transaction, the property was sold for $288,000 in Jan 1, 1970. Current property owners are expected to pay $7,331 in taxes per year. The property on 703 Academy Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $399,500. To break that down further, the land itself was valued at $104,000. While improvements to the property were assessed at a total of $295,500. 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Duplex
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 1,070
  • Garage Type: Garage
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 2,140
  • Gross Building Area: 3,550
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,140
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : VASQUEZ JAMIE A
  • Previous Owner : CEN KATY
  • Previous Owner 2: YAO XIAOLIANG
  • Owner Before Previous Owner: SALVATORE MICHAEL J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 002400

Zoning

  • Zoning: R-1

Geography

  • Account Number: 38486
  • Parcel: PROV M:85 L:109
  • Lot: 109
  • Municipality: PROVIDENCE
  • Latitude: 41.8443
  • Longitude: -71.445

    Address

  • Full Address: 703 Academy Ave
  • Address - House Number: 703
  • Address - Street Name: Academy
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Providence
  • Carrier Code: C031
  • 4-Digit Zip Code: 2107
  • Zip Code: 02908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,331

    Appraisal Valuation

  • Standard Deviation: 0.2712
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 45
  • Final Value: 455,186
  • High Value: 578,660
  • Low Value: 331,711

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,034
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Loan Amount: $486,034
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,500
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11889707496
  • Current Sale Price: $495,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022322011
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $486,034
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MTG LLC
  • Previous Mortgage Transaction Date: Dec 12, 2017
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 371
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 12, 2048

About Elmhurst



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Unit for rent at 411 Valley Street, Providence, RI, 02908

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Unit for rent at 93 Goddard Street, Providence, RI, 02908

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Frequently Asked Questions

What neighborhood is 703 Academy Avenue located in?
The 703 Academy Avenue is a located in the neighborhood of Elmhurst in Elmhurst, Providence.
What is the average sales price for listings in 703 Academy Avenue?
The average sales price for units in 703 Academy Avenue is $0 currently.

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