NOT LISTED FOR SALE

117 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $413,793 - $648,000

6 Beds
3 Baths
3,100 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $210,000 $68 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,326/month

84 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Clarence Street Playground
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of August 2017

This home is located at 117 Progress Ave, Providence, RI 02909 since 21 April 2017 and is currently estimated at $532,948, approximately $171 per square foot. This property was built in 1925. 117 Progress Ave 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.

Last Agent to Sell the Property

William Leonard

Embassy Properties License #REB.0014393 Listed on: 04/21/2017

Last Buyer's Agent

Dona Vellucci

HomeSmart Professionals License #RES.0040176

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,213

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0269
  • Assessor Parcel Number 117119PROGRESSAVPROV

Community Details

Overview

  • 4 Units
  • Silver Lake Subdivision

Building Details

  • Operating Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,213

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 3100.0
  • 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: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 117119PROGRESSAVPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 750.0

Tax Info

  • Tax Annual Amount: 4213.0
  • Tax Lot: 0269
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Aug 8, 2017
Sold by
Union Properties Llc
Bought by
Ortiz-Suazo Franlys
Seller's Agent
William Leonard
Embassy Properties
Buyer's Agent
Dona Vellucci
HomeSmart Professionals
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$532,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,948
Avg. Annual Appreciation
11.76%
Original Mortgage
$206,196
Outstanding Balance
$173,827
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$345,217

Purchase Details

Closed on
Oct 30, 2008
Sold by
Leonard William J
Bought by
Leonard Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Us Bank Na
Bought by
Leonard William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lara Ingrid and Mendez Olivia
Bought by
Socree Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2003
Sold by
Nina Victor A and Nina Ana V
Bought by
Lara Ingrid and Mendez Cesar
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
Ortiz-Suazo Franlys $210,000 --
Leonard Patricia A $200,000 --
Leonard William J $123,000 --
Socree Daniel P $297,000 --
Lara Ingrid $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz-Suazo Franlys $206,196
Previous Owner Lara Ingrid $140,000
Previous Owner Lara Ingrid $123,000
Previous Owner Lara Ingrid $235,000
Previous Owner Lara Ingrid $282,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $210,000 -4.5% $68 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $219,900 -- $71 / 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 $6,004 $327,200 $72,000 $255,200
2023 $6,004 $327,200 $72,000 $255,200
2022 $5,824 $327,200 $72,000 $255,200
2021 $5,118 $208,400 $45,800 $162,600
2020 $5,118 $208,400 $45,800 $162,600
2019 $5,118 $208,400 $45,800 $162,600
2018 $4,299 $134,500 $44,400 $90,100
2017 $4,299 $134,500 $44,400 $90,100
2016 $4,299 $134,500 $44,400 $90,100
2015 $4,091 $123,600 $47,100 $76,500
2014 $4,172 $123,600 $47,100 $76,500
2013 $4,172 $123,600 $47,100 $76,500
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    William Leonard

    Embassy Properties

  • Dona Vellucci

    Buyer's Agent in 2017

    Dona Vellucci

    HomeSmart Professionals

    (401) 497-3692

    47 Total Sales

    Dona Vellucci
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Map

Source: State-Wide MLS

MLS Number: 1157345

State-Wide MLS

APN: PROV-001040-000269-000000

Rhode Island Providence County Providence 02909 Silver Lake

117 Progress Ave, Providence, RI

This home is located at 117 Progress Ave, Providence, RI 02909 since 21 April 2017 and is currently estimated at $532,948, approximately $171 per square foot. This property was built in 1925. 117 Progress Ave 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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