5 months on rocket

1 W Exchange St Unit 2401, Providence, RI, 02903

$839,000

Home List Price

$9,963*

Closing Credit

2 Bedrooms
2 Full Baths
1,416 SqFt
$593/SqFt
Condo
Schools Nearby

Location

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1 W Exchange St Unit 2401, Providence$839,000

Buyer Closing Credits

$9,963*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Built In, Garage Door Opener
Attached GarageYes
Year Built2007
HeatingCentral, Electric, Natural Gas
CoolingCentral Air
FireplaceNone
MLS #1348235
StatusActive

About 1 W Exchange St Unit 2401

Magnificent views from every room in this elegant flat at The Residences -Providence's premier luxury condominium tower. Encompassing the 24th floor's NorthWest corner, this 2 bedroom, 2 bathroom home enjoys breathtaking sunsets cascading over the city 330 feet below. Two balconies provide al-fresco access to the perfectly framed views of the iconic Rhode Island Statehouse. The interior has been thoughtfully designed to maximize the unit's space, with rich, dark wood tones in the spacious living room and primary suite. The bright eat-in-kitchen features traditional white shaker cabinetry and sleek stainless steel appliances tied together with beautifully veined quartz countertops and modern black hardware. Ample closets have been outfitted with custom closet solutions, and a built-in Murphy bed in the second bedroom offers versatility for a restful night's sleep or a sizable home office. With 24/7 concierge services, keyed garage entry, a fully equipped gym, and round the clock security, The Residences is arguably the city's safest building. Enviable commutes, such as walkability to the Amtrak Station or easy access to I-95, minutes to the countless cafes & eateries of downtown Providence, and only minutes to the educational facilities at Brown University, RISD, Johnson & Wales, Rhode Island Hospital. A rare offering, unit 2401 is a jewel in the Creative Capital's crown building!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,416 SqFt

Listing Office:

  • Office Name: Residential Properties Ltd.
  • Office Phone: (401) 274-6740

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Built In, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Classical High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • W B Cooley & Academy Internationa, Public District Grades 9-12
  • Nathanael Greene Middle School, Public District Grades 6-8
  • Gilbert Stuart Middle School, Public District Grades 6-8
  • Nathan Bishop Middle School, Public District Grades 6-8
  • Carl G. Lauro Elementary School, Public District Grades KG-5
  • Harry Kizirian Elementary School, Public District Grades KG-5
  • Martin Luther King Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $839,000
  • Price Per SqFt: $593/SqFt

HOA Fees:

  • Amount: $1575
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $16,382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Providence, RI.

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Providence, RI

City

Med. Sold Price

$433.7K

Med. Price/SqFt

$260

Avg. Days On Market

34

# of Sold Homes

90

1 W Exchange St Unit 2401 vs Providence

155 DAYS ON ROCKET

+121 Days

$839,000

+$405.2K More

$593/SqFt

+$333 More

KEY TAKEAWAY

This property is $405.2K more than the Median Sold Price and $333/SqFt more than other homes in Providence, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1348235

Listing Office:

  • Office Name: Residential Properties Ltd.
  • Office Phone: (401) 274-6740

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2024, 10:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 15, 2012Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,382$667,000
2019$16,382$667,000
2018$20,796$650,700
2017$20,796$650,700

History based on county public records data.

Payment Calculator

$5,830

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,582

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-752221
2
/10

  • Carl G. Lauro Elementary School

  • 99 Kenyon St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-752222
1
/10

  • Harry Kizirian Elementary School

  • 60 Camden Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-752223
4
/10

  • Martin Luther King Elementary School

  • 35 Camp St

  • 1.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-752224
4
/10

  • Nathanael Greene Middle School

  • 721 Chalkstone Ave

  • 1.04 miles

  • Public District Grades 6-8

school-card-donut-752225
2
/10

  • Gilbert Stuart Middle School

  • 188 Princeton Ave

  • 1.51 miles

  • Public District Grades 6-8

school-card-donut-752226
2
/10

  • Nathan Bishop Middle School

  • 101 Sessions St

  • 1.58 miles

  • Public District Grades 6-8

High School

school-card-donut-752227
9
/10

  • Classical High School

  • 770 Westminster St

  • 0.50 miles

  • Public District Grades 9-12

school-card-donut-752228
2
/10

  • Central High School

  • 70 Fricker St

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-752229
2
/10

  • W B Cooley & Academy Internationa

  • 182 Thurbers Ave

  • 1.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,206. The most common annual income of people living in Providence, RI is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Downtown, Providence

What type of housing is available in Downtown, Providence?

The buildings in this neighborhood are quite old, since around 45% of its dwellings were built pre-1960, while the majority of the remaining buildings were constructed in the 1960s and the 2000s. The predominance of large apartment buildings in the housing stock of this part of the city is an important part of its character. Renters occupy about 85% of the properties in Downtown whereas owners occupy the remainder. This neighborhood is primarily composed of lofts and one bedroom homes.

Is Downtown, Providence a good place to live?

Downtown is a great neighborhood for those who enjoy both indoor and outdoor activities. Finding things to do is very easy in this neighborhood. Even though there is a narrow selection of entertainment venues, there are many people around most of the time, and with its about 30 bars, there are options for nighttime activities. Reaching parks is easy in the neighborhood since there are approximately 10 of them nearby for residents to relax in.

Are things conveniently located in Downtown, Providence?

It is very often an option for house buyers in Downtown to purchase general and specialty groceries by walking. Promenade Street is among the best streets for food stores. Moreover, there are over 100 restaurants and around 30 coffee shops to experience in this part of Providence. House buyers can find a good number of clothing stores within walking distance, for example on Providence Place. When it comes to education, primary as well as high schools are straightforward to get to on foot from anywhere in this part of the city.

What does the transportation in Downtown, Providence look like?

Downtown enables house buyers to travel by several alternative means of transportation. The very good public transit infrastructure allows people to get to many destinations without needing a vehicle as a result of Providence Station with access to the Providence/Stoughton Line, and around 40 nearby bus lines. Commuting by car is also convenient in this area. It is easy to come across a place to park, and many real estate listings are a very short car ride from the nearest highway, such as US Highway 6. Walking is very practical for house buyers in Downtown; most daily needs are especially convenient to meet on foot, and many businesses are very close by.

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Frequently Asked Questions About 1 W Exchange St Unit 2401

What is the listing price of this property?

The listing price of 1 W Exchange St Unit 2401 property is $839,000.

What type of property is this?

The property 1 W Exchange St Unit 2401 is a condo located in Providence, Rhode Island, 02903.

Is this property for sale now?

Active Listing: 1 W Exchange St Unit 2401 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1 W Exchange St Unit 2401 are:
Carl G. Lauro Elementary School: GreatSchools Rating 2/10
Harry Kizirian Elementary School: GreatSchools Rating 1/10
Martin Luther King Elementary School: GreatSchools Rating 4/10
Nathanael Greene Middle School: GreatSchools Rating 4/10
Gilbert Stuart Middle School: GreatSchools Rating 2/10
Nathan Bishop Middle School: GreatSchools Rating 2/10
Classical High School: GreatSchools Rating 9/10
Central High School: GreatSchools Rating 2/10
W B Cooley & Academy Internationa: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $16,382 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 15, 2012 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1 W Exchange St Unit 2401 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1 W Exchange St Unit 2401 is 1,416 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 W Exchange St Unit 2401 is 2007.

Rocket Homes›Rhode Island›Providence County›Providence›02903›1 W Exchange St Unit 2401

This home is located at 1 W Exchange St Unit 2401 in Providence, RI and zip code 02903 in the Downtown neighborhood. This 1,416 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $839,000.

In March 2024, from all listings sold in Providence, RI there were more than 46 sold above asking price, over 22 sold below and more than 22 were sold right at the asked price. The inventory of homes for sale in Providence, RI between February 2024 and March 2024 increased by 6.3%. The median list price of listings available in March 2024 was $433,787, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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