NOT LISTED FOR SALE

Estimated Value: $11,281,102

1.74 Acres
$6,470,006 Price per Acre
75,951 Sq Ft Lot

Last Sold February 17, 2012

Last sale price $4,000,000

Est. 182% increase in value since last sale

Current estimated payment $63,396/month

229 Days on Market

About This Lot

As of February 2012

This home is located at 164 Allens Ave, Providence, RI 02903 since 01 June 2011 and is currently estimated at $11,281,102. 164 Allens Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

Last Agent to Sell the Property

Peter Scotti

Peter M. Scotti & Assoc.,Inc. License #REB.0014864 Listed on: 06/01/2011

Last Buyer's Agent

Peter Scotti

Peter M. Scotti & Assoc.,Inc. License #REB.0014864 Listed on: 06/01/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,000

Lot Details

  • 1.74 Acre Lot
  • Property fronts a state road
  • Level Lot
  • Finished Lot(s)
  • Property is zoned W-3, Industrial-Heavy,Other

Utilities

  • Well

Community Details

  • Allens Avenue Subdivision

Listing and Financial Details

  • Tax Lot 489
  • Assessor Parcel Number 164ALLENSAVPROV

Property Details

Property Type

Land

Est. Annual Taxes

$24,000

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.7436
  • Road Frontage Type: State Road
  • Subdivision Name: ALLENS AVENUE
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Commercial, Industrial, Office, Warehouse

Exterior Features

  • Lot Features: Level
  • Topography: Level

Utilities

  • Sewer: Sanitary, Storm Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: High Traffic Location
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 75952.0
  • Parcel #: 164ALLENSAVPROV
  • Zoning Description: Industrial-Heavy,Other
  • Zoning: W-3

Tax Info

  • Tax Annual Amount: 24000.0
  • Tax Lot: 489
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2011
Closed on
Feb 17, 2012
Sold by
Ri State Pier Pier Pro
Bought by
National Grid and Narragansett Electric
Seller's Agent
Peter Scotti
Peter M. Scotti & Assoc.,Inc.
Buyer's Agent
Peter Scotti
Peter M. Scotti & Assoc.,Inc.
List Price
$1,900,000
Sold Price
$4,000,000
Premium/Discount to List
$2,100,000
110.53%
Current Estimated Value
$11,281,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,281,102
Avg. Annual Appreciation
7.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
National Grid -- --
National Grid $4,000,000 --
Ri State Pier Pier Pro -- --
National Grid -- --
Ri State Pier Pier Pro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ri State Pier Pier Pro $504,000
Previous Owner Ri State Pier Pier Pro $150,000
Previous Owner Ri State Pier Pier Pro $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $4,000,000 +110.5% --
01/18/2012 01/18/12 Pending -- -- --
06/02/2011 06/02/11 For Sale $1,900,000 -- --
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 $48,671 $1,666,800 $1,633,500 $33,300
2024 $47,792 $1,361,600 $1,327,200 $34,400
2023 $47,792 $1,361,600 $1,327,200 $34,400
2022 $48,201 $1,361,600 $1,327,200 $34,400
2021 $44,220 $1,204,900 $1,123,000 $81,900
2020 $44,220 $1,204,900 $1,123,000 $81,900
2019 $45,130 $1,229,700 $1,123,000 $106,700
2018 $41,651 $1,134,900 $1,123,000 $11,900
2017 $41,651 $1,134,900 $1,123,000 $11,900
2016 $41,651 $1,134,900 $1,123,000 $11,900
2015 $41,708 $1,134,900 $1,123,000 $11,900
2014 $39,800 $1,083,000 $1,072,700 $10,300
2013 $39,800 $1,083,000 $1,072,700 $10,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 993880

State-Wide MLS

APN: PROV-460481-000000-000000