Governor Raimondo Home Sells for $2.1M, Nearly Doubles in Price in 18 Months

Governor Raimondo Home Sells for $2.1M, Nearly Doubles in Price in 18 Months

Gina Raimondo’s former home sells — and nearly doubles in price in less than two years.

Mott & Chace Sotheby’s International Realty announced the sale of the former home of now-U.S. Secretary of Commerce Raimondo located at 125 Morris Avenue, East Side of Providence, for $2,100,000.

Raimondo and her husband, Andy Moffit, sold the home in June of 2021 for $1,155,000.

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Now, less than 18 months later, the house has nearly doubled in price.

While Raimondo did not realize all the upsides of this property, she and her husband did just fine.

Raimondo and Moffit bought the home for $471,500 in 2013. The couple realized a 144% increase.

 

Description:

Located in the sought-after East Side, this stately colonial features classic architectural details with original moldings and oversized rooms. Featuring six bedrooms and three and one-half bathrooms, with hardwoods throughout. Outside, a large yard and deck allow for enjoyment with family and friends.

The sellers were represented by Roxanne Gordon, Sales Associate of Mott & Chace.