NOT LISTED FOR SALE

Estimated Value: $600,000 - $723,000

9 Beds
3 Baths
3,024 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $559,000 $185 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,992/month

8 Days on Market

Highlights

  • Corner Lot
  • Public Transportation
  • Baseboard Heating
  • 1 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of January 2024

Solid and well maintained three family home in Silver Lake. 3 spacious units, separate utilities. Tenants pay heating and electric. aluminum siding. This property is situated on a corner lot with a nice yard. 3 basement storage units, eligible for all loans programs A detached garage with potential for additional income, plus off-street parking for 6 cars. Conveniently located a few short minutes from shopping, restaurants, highway and Downtown Providence.

Last Agent to Sell the Property

Matthew Molloy

Independent Brks Realty Of RI License #RES.0027496 Listed on: 10/17/2023

Last Buyer's Agent

Marisela Vasquez

My Dream Home Realty License #REB.0018925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 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
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 02705
  • Assessor Parcel Number 154MAGNOLIASTSTPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,528

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 3024.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Aluminum Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 154MAGNOLIASTSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5528.0
  • Tax Lot: 02705
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 19, 2024
Sold by
Moolloy Matthew P
Bought by
Pablo Juana and Saban Isabel P
Seller's Agent
Matthew Molloy
Independent Brks Realty Of RI
Buyer's Agent
Marisela Vasquez
My Dream Home Realty
List Price
$499,900
Sold Price
$559,000
Premium/Discount to List
$59,100
11.82%
Views
65
Current Estimated Value
$660,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,781
Avg. Annual Appreciation
10.28%
Original Mortgage
$531,050
Outstanding Balance
$521,896
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,885

Purchase Details

Closed on
Dec 27, 2021
Sold by
Molloy Matthew P
Bought by
Molloy Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.34%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 22, 2021
Sold by
Kelleher Realty Llc
Bought by
Molloy Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.34%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 8, 2009
Sold by
Butler Douglas F and Butler Regine
Bought by
Kelleher Realty Llc

Purchase Details

Closed on
Feb 23, 2004
Sold by
Gee Donna and Wong Harvey
Bought by
Butler Douglas and Butler Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,150
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Kapitany Steven
Bought by
Wong Harvey and Gee Donna

Purchase Details

Closed on
Dec 18, 2001
Sold by
Johnson Jeffrey D
Bought by
Kapitany Steve

Purchase Details

Closed on
Jun 29, 1994
Sold by
Mcinnis Mary Cath Est
Bought by
Johnson Jeffrey D
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
Pablo Juana $559,000 None Available
Pablo Juana $559,000 None Available
Molloy Matthew P -- None Available
Molloy Matthew P -- None Available
Molloy Matthew P -- None Available
Molloy Matthew P -- None Available
Kelleher Realty Llc $100,000 --
Kelleher Realty Llc $100,000 --
Butler Douglas $282,000 --
Butler Douglas $282,000 --
Wong Harvey $230,000 --
Wong Harvey $230,000 --
Kapitany Steve $130,000 --
Kapitany Steve $130,000 --
Johnson Jeffrey D $85,000 --
Johnson Jeffrey D $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pablo Juana $531,050
Closed Pablo Juana $531,050
Previous Owner Molloy Matthew P $190,000
Previous Owner Johnson Jeffrey D $263,500
Previous Owner Johnson Jeffrey D $220,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $559,000 +11.8% $185 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $499,900 -- $165 / 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 $5,700 $310,600 $72,900 $237,700
2023 $5,700 $310,600 $72,900 $237,700
2022 $5,529 $310,600 $72,900 $237,700
2021 $4,912 $200,000 $48,300 $151,700
2020 $4,912 $200,000 $48,300 $151,700
2019 $4,912 $200,000 $48,300 $151,700
2018 $4,602 $144,000 $46,800 $97,200
2017 $4,602 $144,000 $46,800 $97,200
2016 $4,602 $144,000 $46,800 $97,200
2015 $4,237 $128,000 $49,700 $78,300
2014 $4,320 $128,000 $49,700 $78,300
2013 $4,320 $128,000 $49,700 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1346200

State-Wide MLS

APN: PROV-001050-000275-000000