Raimondo Sells East Side Home UPDATED

Raimondo Sells East Side Home UPDATED

Former Rhode Island Governor Gina Raimondo and her husband Andy Moffit have sold their home on Providence’s East Side.

As GoLocal reported earlier this month, the family has packed up and moved to Washington. D.C.

Raimondo serves as the United States Secretary of Commerce under President Joe Biden.

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The house which the couple purchased prior to her run for Governor in 2014 has now been sold by the realty firm Residential Properties.

The listing agent is Jim DeRentis, the husband of Raimondo’s former Chief of Staff and Director of Administration Brett Smiley.

Smiley has announced he is running for Mayor of the City of Providence in 2022 as a Democrat.

 

History

Raimondo and Moffit purchased the home in 2013, when she served as Rhode Island's General Treasurer for $471,500.

The property has an assessed value of $913,200 according to Providence tax records.

According to the website Zillow, the house in this hot real estate market is valued at $1,276.500.

The property sold for $1,155,000 -- the couple netted nearly $700,000 in eight years.