NOT LISTED FOR SALE

16 Magdalene St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $324,130 - $619,000

6 Beds
3 Baths
2,154 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $135,000 $63 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $3,208/month

23 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Shops
  • 2-minute walk to Paul Grande Jr. Park

About This Home

As of November 2014

GREAT INVESTMENT PROPERTY! 3 FAMILY, 2 BEDROOMS EACH, PLUS 2 GARAGES! TENNANTS PAY UTILITIES!

Last Agent to Sell the Property

Lucy Heelon

RE/MAX Real Estate Center License #RES.0028935 Listed on: 09/13/2014

RE/MAX Real Estate Center

Last Buyer's Agent

Basty Ortiz

Bani Properties License #REB.0017187

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,573 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,154 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • 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
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 327
  • Assessor Parcel Number 16MAGDALENESTPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.082
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 2154.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • 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: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 2154.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter

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: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3573.0
  • Parcel #: 16MAGDALENESTPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3571.0
  • Tax Lot: 327
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2014
Closed on
Nov 6, 2014
Sold by
Despres Paul J
Bought by
Osei John D
Seller's Agent
Lucy Heelon
RE/MAX Real Estate Center
Buyer's Agent
Basty Ortiz
Bani Properties
List Price
$144,900
Sold Price
$135,000
Premium/Discount to List
-$9,900
-6.83%
Current Estimated Value
$498,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,117
Avg. Annual Appreciation
12.09%
Original Mortgage
$101,250
Outstanding Balance
$79,171
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$382,340

Purchase Details

Closed on
Mar 2, 1998
Sold by
Parillo John
Bought by
Despres Paul J and Despres Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,957
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Osei John D $135,000 --
Despres Paul J $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osei John D $101,250
Previous Owner Despres Paul J $135,000
Previous Owner Despres Paul J $88,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $135,000 -6.8% $63 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/13/2014 09/13/14 For Sale $144,900 -- $67 / 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 $85,500 $228,700
2023 $5,766 $314,200 $85,500 $228,700
2022 $5,593 $314,200 $85,500 $228,700
2021 $4,725 $192,400 $48,500 $143,900
2020 $4,725 $192,400 $48,500 $143,900
2019 $4,725 $192,400 $48,500 $143,900
2018 $3,925 $122,800 $41,300 $81,500
2017 $3,925 $122,800 $41,300 $81,500
2016 $3,925 $122,800 $41,300 $81,500
2015 $3,502 $105,800 $41,300 $64,500
2014 $3,571 $105,800 $41,300 $64,500
2013 $3,571 $105,800 $41,300 $64,500
Source: Public Records

Agents Affiliated with this Home

  • Lucy Heelon

    Seller's Agent in 2014

    Lucy Heelon

    RE/MAX Real Estate Center

    (401) 641-2221

    83 Total Sales

    Section Image
  • Basty Ortiz

    Buyer's Agent in 2014

    Basty Ortiz

    Bani Properties

    (401) 663-6314

    6 in this area

    65 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1078757

State-Wide MLS

APN: PROV-001090-000327-000000

Rhode Island Providence County Providence 02909 Silver Lake

16 Magdalene St, Providence, RI

This home is located at 16 Magdalene St, Providence, RI 02909 since 13 September 2014 and is currently estimated at $497,033, approximately $230 per square foot. This property was built in 1910. 16 Magdalene 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