NOT LISTED FOR SALE

109 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $468,391 - $588,000

6 Beds
3 Baths
4,740 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $270,000 $57 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,061/month

78 Days on Market

Highlights

  • Wood Flooring
  • Workshop
  • Porch
  • Attic
  • 2 Car Detached Garage
  • 4-minute walk to Clarence Street Playground

About This Home

As of November 2019

Solid 2-Family home with a great 2-Car garage! Two bedrooms on the 1st floor unit with an additional 3rd bedroom on lower level. 2 bedrooms on the 2nd floor and 3rd unit. Basement laundry and storage. New roof and furnace/hot water heater.

Last Agent to Sell the Property

Donnie Bennett

Blackstone/Ocean Properties License #RES.0034956 Listed on: 07/15/2019

Co-Listed By

Lola Alonzo

Blackstone/Ocean Properties License #RES.0032159

Last Buyer's Agent

Sugeidy Mendez

Century 21 Visionary Group License #RES.0040277

Century 21 Visionary Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1925

Lot Details

  • 4,740

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,740 Sq Ft Home
  • 3-Story Property
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Permanent Attic Stairs

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 4,740 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 267
  • Assessor Parcel Number 109PROGRESSAVPROV

Community Details

Overview

  • 4 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: GERM
  • Co List Office Phone: 401-383-4400
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 4740.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Other
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4740.0
  • Parcel #: 109PROGRESSAVPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3800.0
  • Tax Lot: 267
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Oct 31, 2019
Sold by
Moronta-Difo Rosemary
Bought by
Gonzalez Ivan A
Seller's Agent
Donnie Bennett
Blackstone/Ocean Properties
Buyer's Agent
Sugeidy Mendez
Century 21 Visionary Group
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Current Estimated Value
$527,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,098
Avg. Annual Appreciation
11.57%
Original Mortgage
$265,109
Outstanding Balance
$233,690
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$293,408

Purchase Details

Closed on
Apr 13, 2005
Sold by
Moronta Faustino and Moronta Fredesvinda E
Bought by
Moronta-Difo Rose Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1994
Sold by
Medeiros Joseph C and Medeiros Norma
Bought by
Moronta Faustino and Moronta Fredesvinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,502
Interest Rate
8.49%
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
Gonzalez Ivan A $270,000 --
Moronta-Difo Rose Mary $250,000 --
Moronta Faustino $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Ivan A $265,109
Previous Owner Moronta Faustino $237,500
Previous Owner Moronta Faustino $10,184
Previous Owner Moronta Faustino $94,502
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $270,000 -6.9% $57 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $289,900 -- $61 / 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 $3,567 $472,500 $128,000 $344,500
2024 $5,819 $317,100 $72,000 $245,100
2023 $5,819 $317,100 $72,000 $245,100
2022 $5,644 $317,100 $72,000 $245,100
2021 $4,981 $202,800 $45,800 $157,000
2020 $4,981 $202,800 $45,800 $157,000
2019 $5,045 $205,400 $45,800 $159,600
2018 $4,241 $132,700 $44,400 $88,300
2017 $4,241 $132,700 $44,400 $88,300
2016 $4,241 $132,700 $44,400 $88,300
2015 $4,068 $122,900 $47,100 $75,800
2014 $4,148 $122,900 $47,100 $75,800
2013 $4,148 $122,900 $47,100 $75,800
Source: Public Records

Agents Affiliated with this Home

  • Donnie Bennett

    Seller's Agent in 2019

    Donnie Bennett

    Blackstone/Ocean Properties

    (401) 269-9615

    95 Total Sales

    Donnie Bennett
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lola Alonzo

    Blackstone/Ocean Properties

  • S

    Buyer's Agent in 2019

    Sugeidy Mendez

    Century 21 Visionary Group

    4 in this area

    22 Total Sales

    Sugeidy Mendez
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1229500

State-Wide MLS

APN: PROV-001040-000267-000000

Rhode Island Providence County Providence 02909 Silver Lake

109 Progress Ave, Providence, RI

Not Listed for Sale

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