NOT LISTED FOR SALE

10 Silver Spring Ave Unit 12 Riverside, RI 02915

Outer East Bay Neighborhood

Estimated Value: $552,437 - $660,000

8 Beds
3 Baths
3,200 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $300,000 $94 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,815/month

26 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Public Transportation
  • 3 Car Detached Garage
  • Bathtub with Shower
  • Shops

About This Home

As of November 2017

Investors take notice, 3 Family dwelling located minutes away from everything in a great part of East Providence with many updates. All kitchens were remodeled in the past 3 years, roof 10 years ago, fire certified to code for multi family. Tenants are all month to month. Two of the units have 3 bedrooms and one has 2 bedrooms. 3 Car garage which a rare find for multi families.

Last Agent to Sell the Property

Marie Mauricio

The Mello Group, Inc. License #REB.0018465 Listed on: 09/24/2017

Last Buyer's Agent

Jeffrey Mateus

Mateus Realty License #REB.0018097

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,499

Year Built

  • Built in 1930

Lot Details

  • 7,200 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 10SilverSpringAVEPRO

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,499

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 3200.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 10SilverSpringAVEPRO
  • Zoning: R#
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 4499.0
  • Tax Lot: 004
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2017
Closed on
Nov 21, 2017
Sold by
Macdonald Joann
Bought by
Debarros Mario F and Debarros Luisa
Seller's Agent
Marie Mauricio
The Mello Group, Inc.
Buyer's Agent
Jeffrey Mateus
Mateus Realty
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Current Estimated Value
$589,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,859
Avg. Annual Appreciation
9.02%
Original Mortgage
$210,000
Outstanding Balance
$180,096
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,323

Purchase Details

Closed on
Oct 19, 2012
Sold by
Marques Jordao
Bought by
Macdonald Joann
Source: Public Records

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Range of Values:

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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
Debarros Mario F $300,000 --
Macdonald Joann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debarros Mario F $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $300,000 -6.0% $94 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
09/24/2017 09/24/17 For Sale $319,000 -- $100 / 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
2024 $6,365 $415,200 $99,100 $316,100
2023 $6,128 $415,200 $99,100 $316,100
2022 $5,931 $271,300 $62,700 $208,600
2021 $5,833 $271,300 $57,000 $214,300
2020 $5,586 $271,300 $57,000 $214,300
2019 $5,431 $271,300 $57,000 $214,300
2018 $4,633 $202,500 $49,800 $152,700
2017 $4,499 $201,100 $49,800 $151,300
2016 $4,476 $201,100 $49,800 $151,300
2015 $4,863 $211,900 $51,300 $160,600
2014 $4,863 $211,900 $51,300 $160,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1174058

State-Wide MLS

APN: EPRO-000309-000005-000004