NOT LISTED FOR SALE

112 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $387,615 - $559,000

4 Beds
2 Baths
1,687 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $440,000 $261 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,145/month

85 Days on Market

Highlights

  • Deck
  • Whole House Fan
  • Security System Owned
  • Porch
  • Bathtub with Shower
  • 3-minute walk to Clarence Street Playground

About This Home

As of August 2022

TURNKEY Multi Family in the Silver Lake section of Providence. Completely renovated Down to the Studs. Everything Brand New including but not limited to New Roof, Vinyl Siding, Plumbing, Electricity, Navien Boilers, 8 X 20 Deck with Vinyl Railings, and Windows. Each unit features a Eat in kitchen with White Shaker Cabinets with Granite Counters and Stainless Steel Appliances, 2 bedrooms, Recessed Lighting Throughout, Brand New Full Bath with Tile Flooring, and Washer/Dryer hookup on each level. Outside you will find custom landscaping with sprinkler system and new asphalt driveway. The list is endless, come see for yourself. Move right in and you won't need to worry about a single thing for YEARS, Pride in Craftsmanship! Taxes Do Not Reflect Homestead.

Last Agent to Sell the Property

Masiell Luna

My Dream Home Realty License #RES.0043003 Listed on: 05/18/2022

Last Buyer's Agent

Matthew Daylor

Keller Williams South Watuppa License #RES.0044046

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 1,687 Sq Ft Home
  • Brick Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Whole House Fan
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater

Community Details

  • 2 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 112WALLACESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 1687.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Trash Compactor, Tankless Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Whole House Fan
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 112WALLACESTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4519.0
  • Tax Lot: 236
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 12, 2022
Sold by
Schwartz Sheldon
Bought by
Bonhomme Marie and Saint-Brice Geanna
Seller's Agent
Masiell Luna
My Dream Home Realty
Buyer's Agent
Matthew Daylor
Keller Williams South Watuppa
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$503,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,904
Avg. Annual Appreciation
5.70%
Original Mortgage
$432,030
Outstanding Balance
$416,333
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$105,850

Purchase Details

Closed on
Apr 16, 2021
Sold by
Ferrante Anna D Est and Scotto
Bought by
Schwartz Sheldon
Source: Public Records

Range of Values:

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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
Bonhomme Marie $440,000 None Available
Schwartz Sheldon $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonhomme Marie $128,893
Open Bonhomme Marie $432,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $440,000 -2.0% $261 / Sq Ft
05/18/2022 05/18/22 For Sale $449,000 -- $266 / 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 $5,534 $301,600 $72,000 $229,600
2023 $5,534 $301,600 $72,000 $229,600
2022 $5,368 $301,600 $72,000 $229,600
2021 $4,519 $184,000 $45,800 $138,200
2020 $3,628 $147,700 $45,800 $101,900
2019 $3,628 $147,700 $45,800 $101,900
2018 $3,429 $107,300 $44,400 $62,900
2017 $3,429 $107,300 $44,400 $62,900
2016 $3,429 $107,300 $44,400 $62,900
2015 $3,287 $99,300 $47,100 $52,200
2014 $3,351 $99,300 $47,100 $52,200
2013 $3,351 $99,300 $47,100 $52,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Masiell Luna

    My Dream Home Realty

    (401) 369-1454

    11 in this area

    57 Total Sales

    Masiell Luna
    Section Image
  • Matthew Daylor

    Buyer's Agent in 2022

    Matthew Daylor

    Keller Williams South Watuppa

    (774) 301-6860

    2 in this area

    175 Total Sales

    Matthew Daylor
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1310565

State-Wide MLS

APN: PROV-001040-000236-000000

Rhode Island Providence County Providence 02909 Silver Lake

112 Wallace St, Providence, RI

This home is located at 112 Wallace St, Providence, RI 02909 since 18 May 2022 and is currently estimated at $503,904, approximately $298 per square foot. This property was built in 1910. 112 Wallace St is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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