NOT LISTED FOR SALE

116 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $557,589 - $686,000

8 Beds
3 Baths
2,974 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $216,000 $73 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,917/month

412 Days on Market

Highlights

  • Wood Flooring
  • Storage Room
  • 3-minute walk to Clarence Street Playground
  • Game Room
  • Heating System Uses Steam

About This Home

As of August 2016

VERY SPACIOUS, HIGH CEILING, CLOSE TO HWAY,SCHOOL,SHOPPING

Last Agent to Sell the Property

Matilde Miolan

Miolan & Regus Bros. Realty License #REB.0014497 Listed on: 06/01/2015

Last Buyer's Agent

Matilde Miolan

Miolan & Regus Bros. Realty License #REB.0014497 Listed on: 06/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,776

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,974 Sq Ft Home
  • 3-Story Property
  • Game Room
  • Storage Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 3 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 235
  • Assessor Parcel Number 116WALLACESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,776

Year Built

Built in 1920

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: 2974.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Living Area: 2974.0
  • Dining Room Type: Game Room, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 116WALLACESTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4776.0
  • Tax Lot: 235
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2009
Sold by
Garneau Eugene
Bought by
Gray Michael C
Current Estimated Value
$619,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,779
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Velez Ramon
Bought by
Hsbc Bank Usa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gray Michael C $233,000 --
Hsbc Bank Usa $225,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Maribel $212,087
Closed Velez Ramon $228,779
Previous Owner Velez Ramon $140,000
Previous Owner Velez Ramon $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $216,000 -9.6% $73 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/01/2015 06/01/15 For Sale $239,000 -- $80 / 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 $6,810 $371,100 $72,000 $299,100
2023 $6,810 $371,100 $72,000 $299,100
2022 $6,606 $371,100 $72,000 $299,100
2021 $6,157 $250,700 $45,800 $204,900
2020 $6,157 $250,700 $45,800 $204,900
2019 $6,157 $250,700 $45,800 $204,900
2018 $5,117 $160,100 $44,400 $115,700
2017 $5,117 $160,100 $44,400 $115,700
2016 $5,117 $160,100 $44,400 $115,700
2015 $4,684 $141,500 $47,100 $94,400
2014 $4,776 $141,500 $47,100 $94,400
2013 $4,776 $141,500 $47,100 $94,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matilde Miolan

    Miolan & Regus Bros. Realty

    (401) 261-4643

    2 in this area

    35 Total Sales

    Matilde Miolan
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1098010

State-Wide MLS

APN: PROV-001040-000235-000000

Rhode Island Providence County Providence 02909 Silver Lake

116 Wallace St, Providence, RI

This home is located at 116 Wallace St, Providence, RI 02909 since 01 June 2015 and is currently estimated at $619,397, approximately $208 per square foot. This property was built in 1920. 116 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes