NOT LISTED FOR SALE

121 Lowell Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $426,142 - $615,000

7 Beds
3 Baths
3,702 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $240,000 $65 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,986/month

59 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 3-minute walk to Paul Grande Jr. Park

About This Home

As of December 2018

Three family occupied for sale. Great for owner or investor. Off street parking. Great rental income producer. Mix of 2 and 3 bed units. Centrally located. Affordable home ownership!

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 09/12/2018

Century 21 Limitless

Last Buyer's Agent

Kari Hernandez

Nicholas Taylor Real Estate Gr License #RES.0043272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 1920

Lot Details

  • 3,938 Sq Ft Lot

Home Design

  • 3,702 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $4,500

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 121LOWELLAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,177

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 3702.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding

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: Circuit Breakers
  • 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: 3938.0
  • Parcel #: 121LOWELLAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4500.0

Tax Info

  • Tax Annual Amount: 4177.0
  • Tax Lot: 140
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Dec 4, 2018
Sold by
Excel Realty Inc
Bought by
Ruiz Sabino
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Kari Hernandez
Nicholas Taylor Real Estate Gr
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$513,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,786
Avg. Annual Appreciation
11.57%
Original Mortgage
$235,653
Outstanding Balance
$206,802
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$306,984

Purchase Details

Closed on
Oct 1, 2014
Sold by
Patel Ketan N and Patel Ashish K
Bought by
Excel Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2013
Sold by
Excel Realty Inc
Bought by
Patel Ketan N and Patel Ashish K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 27, 2012
Sold by
Us Bank Na
Bought by
Excel Realty Inc
Seller's Agent
Raymond Horbert
Williams & Stuart Real Estate
Buyer's Agent
Diva Quirk
BHHS Pinnacle Realty
List Price
$59,900
Sold Price
$68,000
Premium/Discount to List
$8,100
13.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Caines Jeffrey and Us Bank Na
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 17, 2005
Sold by
Farmington Assoc Llc
Bought by
Amparo Nelson and Caines Jeffrey

Purchase Details

Closed on
Oct 28, 2005
Sold by
Coleman Margaret R and Coleman Mark W
Bought by
Multi State Restorat I
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
Ruiz Sabino $240,000 --
Excel Realty Inc -- --
Patel Ketan N -- --
Excel Realty Inc $68,000 --
Us Bank Na $75,000 --
Amparo Nelson $190,000 --
Multi State Restorat I $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Sabino $235,653
Previous Owner Excel Realty Inc $55,000
Previous Owner Patel Ketan N $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2018 12/11/18 Sold $240,000 +6.7% $65 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $225,000 +230.9% $61 / Sq Ft
12/27/2012 12/27/12 Sold $68,000 +13.5% $31 / Sq Ft View Prior Sale
11/27/2012 11/27/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $59,900 -- $27 / 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 $3,487 $461,800 $127,900 $333,900
2024 $5,578 $304,000 $71,900 $232,100
2023 $5,578 $304,000 $71,900 $232,100
2022 $5,411 $304,000 $71,900 $232,100
2021 $4,863 $198,000 $45,700 $152,300
2020 $4,863 $198,000 $45,700 $152,300
2019 $4,863 $198,000 $45,700 $152,300
2018 $4,177 $130,700 $44,300 $86,400
2017 $4,177 $130,700 $44,300 $86,400
2016 $4,177 $130,700 $44,300 $86,400
2015 $3,797 $114,700 $47,100 $67,600
2014 $3,871 $114,700 $47,100 $67,600
2013 $3,871 $114,700 $47,100 $67,600
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2018

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    24 in this area

    1,840 Total Sales

    Kyle Seyboth
    Section Image

  • K

    Buyer's Agent in 2018

    Kari Hernandez

    Nicholas Taylor Real Estate Gr

    Section Image
  • Raymond Horbert

    Seller's Agent in 2012

    Raymond Horbert

    Williams & Stuart Real Estate

    (401) 942-0200

    6 Total Sales

    Raymond Horbert
    Section Image

  • D

    Buyer's Agent in 2012

    Diva Quirk

    BHHS Pinnacle Realty

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1204020

State-Wide MLS

APN: PROV-001120-000140-000000

Rhode Island Providence County Providence 02909 Silver Lake

121 Lowell Ave, Providence, RI

Not Listed for Sale

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