NOT LISTED FOR SALE

116 Lenox Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $505,000 - $638,000

8 Beds
4 Baths
3,498 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $165,000 $47 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $3,571/month

18 Days on Market

Highlights

  • Wood Flooring
  • Storage Room
  • Shops
  • 2 Car Detached Garage
  • Public Transportation
  • 5-minute walk to Councilman Miguel Luna Memorial Park

About This Home

As of May 2015

Good house for owner occupant or investor , good rent, a lot up-date

Last Agent to Sell the Property

Yaniur Perez

Broadway Real Estate Group License #RES.0033128 Listed on: 04/09/2015

Last Buyer's Agent

Virgen Nieves

Keller Williams Coastal License #RES.0030923

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 3,498 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 386
  • Assessor Parcel Number 116118LENOXAVPROV

Community Details

Overview

  • 3 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,868

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Subdivision Name: ELMWOOD
  • Above Grade Finished Sq Ft: 3498.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3498.0
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 3

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Parcel #: 116118LENOXAVPROV

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3868.0
  • Tax Lot: 386
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 1, 2015
Sold by
Sepulveda Luis E
Bought by
Mena Alfa I
Seller's Agent
Yaniur Perez
Broadway Real Estate Group
Buyer's Agent
Virgen Nieves
Keller Williams Coastal
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$559,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,333
Avg. Annual Appreciation
12.13%
Original Mortgage
$162,011
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2015
Sold by
116 Lenox Ave Llc
Bought by
Sepulveda Luis E

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 6, 2014
Sold by
Sepulveda Luis E
Bought by
116 Lenox Ave Llc
Seller's Agent
Timothy Bagley
World Net Real Estate Group
Buyer's Agent
Timothy Bagley
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$85,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1994
Sold by
Josco Rlty Inc
Bought by
Hernandez Basilisa and Hernandez Aura
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mena Alfa I $165,000 --
Sepulveda Luis E -- --
116 Lenox Ave Llc -- --
Hernandez Basilisa $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hernandez Basilisa $162,011
Previous Owner 116 Lenox Ave Llc $85,000
Previous Owner Hernandez Basilisa $188,795
Previous Owner Hernandez Basilisa $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2015 05/29/15 Sold $165,000 -5.7% $47 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $174,900 +74.9% $50 / Sq Ft
06/06/2014 06/06/14 Sold $100,000 -10.7% $29 / Sq Ft View Prior Sale
05/07/2014 05/07/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $112,000 -- $32 / 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 $8,100 $578,600 $120,000 $458,600
2024 $6,520 $355,300 $52,000 $303,300
2023 $6,520 $355,300 $52,000 $303,300
2022 $6,324 $355,300 $52,000 $303,300
2021 $5,418 $220,600 $36,600 $184,000
2020 $5,418 $220,600 $36,600 $184,000
2019 $5,418 $220,600 $36,600 $184,000
2018 $4,235 $132,500 $24,900 $107,600
2017 $4,235 $132,500 $24,900 $107,600
2016 $4,235 $132,500 $24,900 $107,600
2015 $3,793 $114,600 $30,500 $84,100
2014 $3,868 $114,600 $30,500 $84,100
2013 $3,868 $114,600 $30,500 $84,100
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2015

    Yaniur Perez

    Broadway Real Estate Group

  • Virgen Nieves

    Buyer's Agent in 2015

    Virgen Nieves

    Keller Williams Coastal

    (401) 345-6661

    5 in this area

    97 Total Sales

    Virgen Nieves
    Section Image

  • T

    Seller's Agent in 2014

    Timothy Bagley

    World Net Real Estate Group

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1092334

State-Wide MLS

APN: PROV-520386-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

116 Lenox Ave, Providence, RI

Not Listed for Sale

MultiFamily

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