NOT LISTED FOR SALE

Estimated Value: $432,418 - $595,000

4 Beds
2 Baths
2,959 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $230,000 $78 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,097/month

46 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Heating System Uses Steam

About This Home

As of December 2018

Fantastic, sunlit, move-in ready, two family home on the Providence/Cranston line has been well maintained by the same owner-occupant for 45 years! Featuring two large bedrooms and one bathroom in each unit, separate utilities, hardwood floors, newer windows, gas heat, and a freshly painted exterior. Washer and dryer hookups, custom built kitchen cabinets in the first floor open-concept kitchen/living room, ample closet space, and additional living space in the basement. On a nice, quiet street in Silver Lake this home also offers plenty of parking and a good sized backyard; live in one unit and rent the other! Short commute to colleges, Downtown Providence, and more. Taxes reflect owner-occupied rates.

Last Agent to Sell the Property

Thomas Lopardo

Broadway Real Estate Group License #RES.0042838 Listed on: 09/26/2018

Broadway Real Estate Group

Last Buyer's Agent

Marisela Vasquez

My Dream Home Realty License #REB.0018925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1920

Lot Details

  • 5,000

Home Design

  • Shingle Siding

Interior Spaces

  • 2,959 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Porch
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 468
  • Assessor Parcel Number 132ELMDALEAVPROV

Community Details

Overview

  • 4 Units
  • Silver Lake Subdivision

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,386

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 2959.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

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

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: 5000.0
  • Parcel #: 132ELMDALEAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2386.0
  • Tax Lot: 468
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Dec 12, 2018
Sold by
Russo Debra
Bought by
Reyes Fausto A
Seller's Agent
Thomas Lopardo
Broadway Real Estate Group
Buyer's Agent
Marisela Vasquez
My Dream Home Realty
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$480,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,105
Avg. Annual Appreciation
11.26%
Original Mortgage
$225,834
Outstanding Balance
$200,887
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$270,162
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
Reyes Fausto A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Fausto A $11,420
Open Reyes Fausto A $225,834
Closed Reyes Fausto A $226,834
Previous Owner Russo Debra $78,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $230,000 +0.4% $78 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $229,000 -- $77 / 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 $5,766 $314,200 $87,100 $227,100
2023 $5,766 $314,200 $87,100 $227,100
2022 $5,593 $314,200 $87,100 $227,100
2021 $4,743 $193,100 $51,500 $141,600
2020 $4,743 $193,100 $51,500 $141,600
2019 $4,743 $193,100 $51,500 $141,600
2018 $4,056 $126,900 $43,900 $83,000
2017 $4,056 $126,900 $43,900 $83,000
2016 $4,056 $126,900 $43,900 $83,000
2015 $3,754 $113,400 $43,900 $69,500
2014 $3,827 $113,400 $43,900 $69,500
2013 $3,827 $113,400 $43,900 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1205410

State-Wide MLS

APN: PROV-001040-000468-000000