NOT LISTED FOR SALE

10 Mercy St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $412,055 - $556,000

6 Beds
3 Baths
3,128 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $417,000 $133 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,834/month

112 Days on Market

Highlights

  • Golf Course Community
  • Public Transportation
  • Property near a hospital
  • Bathtub with Shower
  • Shops
  • 3-minute walk to Neutaconkanut Hill Conservancy

About This Home

As of March 2023

***BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH****This remodeled 2 unit home with updated kitchens, flooring and stainless appliances is perfect for any 1st time buyer or investor. The 2nd unit is town house style with 2 extras bedrooms and full bathroom therefore giving you a 4 bed 2 bath unit.

Last Agent to Sell the Property

Samuel Alba

Innovations Realty Listed on: 11/04/2022

Last Buyer's Agent

Samuel Alba

Innovations Realty Listed on: 11/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1920

Lot Details

  • 2,614

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 3,128 Sq Ft Home
  • 3-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 2,614 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 10MERCYSTPROV

Community Details

Overview

  • 2 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,932

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 3128.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 10MERCYSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4932.0
  • Tax Lot: 37
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 14, 2023
Sold by
Alr Group Llc
Bought by
Dottin Kevin
Seller's Agent
Samuel Alba
Innovations Realty
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$399,000
Sold Price
$417,000
Premium/Discount to List
$18,000
4.51%
Views
50
Current Estimated Value
$497,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,764
Avg. Annual Appreciation
6.41%
Original Mortgage
$312,750
Outstanding Balance
$302,222
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,542

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 8, 2021
Sold by
2639 Capital Invs Llc
Bought by
Alr Group Llc
Seller's Agent
Michael Zannini
Real Broker, LLC
Buyer's Agent
Andy Andujar
Innovations Realty
List Price
$239,900
Sold Price
$241,500
Premium/Discount to List
$1,600
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.22%
Original Mortgage
$267,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 1, 2021
Sold by
Happy Homes Llc
Bought by
2639 Capital Invs Llc
Seller's Agent
Michael Zannini
Real Broker, LLC
Buyer's Agent
Andy Andujar
Innovations Realty
List Price
$239,900
Sold Price
$241,500
Premium/Discount to List
$1,600
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2018
Sold by
Bogosian Jessica L
Bought by
Happy Homes Llc

Purchase Details

Closed on
Mar 7, 1997
Sold by
Crowley Michael
Bought by
Ricci Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dottin Kevin $417,000 None Available
Dottin Kevin $417,000 None Available
Dottin Kevin $417,000 None Available
Alr Group Llc $267,000 None Available
Alr Group Llc $267,000 None Available
Alr Group Llc $267,000 None Available
2639 Capital Invs Llc $241,500 None Available
2639 Capital Invs Llc $241,500 None Available
2639 Capital Invs Llc $241,500 None Available
Happy Homes Llc -- --
Happy Homes Llc -- --
Ricci Steven $71,000 --
Crowley Michael $45,000 --
Ricci Steven $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dottin Kevin $312,750
Closed Dottin Kevin $312,750
Previous Owner Alr Group Llc $267,000
Previous Owner 2639 Capital Invs Llc $1
Previous Owner Ricci Steven $72,800
Previous Owner Ricci Steven $49,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2023 03/14/23 Sold $417,000 +4.5% $133 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $399,000 +65.2% $128 / Sq Ft
12/02/2021 12/02/21 Sold $241,500 +0.7% $77 / Sq Ft View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $239,900 -- $77 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,087 $408,900 $133,700 $275,200
2024 $5,085 $277,100 $84,500 $192,600
2023 $5,085 $277,100 $84,500 $192,600
2022 $4,932 $277,100 $84,500 $192,600
2021 $4,072 $165,800 $47,900 $117,900
2020 $4,072 $165,800 $47,900 $117,900
2019 $4,072 $165,800 $47,900 $117,900
2018 $3,765 $117,800 $40,800 $77,000
2017 $3,765 $117,800 $40,800 $77,000
2016 $3,765 $117,800 $40,800 $77,000
2015 $3,618 $109,300 $40,800 $68,500
2014 $3,689 $109,300 $40,800 $68,500
2013 $3,581 $106,100 $40,800 $65,300
Source: Public Records

Agents Affiliated with this Home

  • Samuel Alba

    Seller's Agent in 2023

    Samuel Alba

    Innovations Realty

    (401) 640-0036

    15 in this area

    585 Total Sales

    Samuel Alba
    Section Image

  • M

    Seller's Agent in 2021

    Michael Zannini

    Real Broker, LLC

    (401) 952-1357

    1 in this area

    37 Total Sales

    Michael Zannini
    Section Image

  • A

    Buyer's Agent in 2021

    Andy Andujar

    Innovations Realty

    (401) 965-2639

    4 in this area

    61 Total Sales

    Andy Andujar
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1323583

State-Wide MLS

APN: PROV-001100-000037-000000

Rhode Island Providence County Providence 02909 Silver Lake

10 Mercy St, Providence, RI

Not Listed for Sale

MultiFamily

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