NOT LISTED FOR SALE

Estimated Value: $271,000 - $431,519

0.11 Acres
$3,221,951 Price per Acre
5,000 Sq Ft Lot

Sale Details

Date Sold: November 27, 2023

Last sale price $142,500 $81 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,414 / mo

5 Days on Market

Highlights

  • Tennis Courts
  • Shops
  • Level Lot
  • Public Transportation
  • Property near a hospital

About This Lot

As of November 2023

Welcome to the Elmwood section of Providence, where an incredible opportunity awaits! This buildable lot is a true gem, boasting a prime location in a desirable neighborhood. With sewer, city water, gas, and electric all available in the street, this lot is ready for development. Imagine the possibilities of designing your dream home on this spacious and well-located piece of land. Whether you're a seasoned developer or a first-time buyer, this lot offers endless potential for creating the perfect residence in a sought-after area. Zoning for this area allows a single or 2-family home to be built. Buyers will appreciate the convenience of having essential utilities easily accessible in the street, making the development process smooth and hassle-free. However, please note that due diligence on survey and final approvals will be the responsibility of the buyer, ensuring that all necessary permits and approvals are obtained according to local and Elmwood Historic regulations. Don't miss out on this exceptional opportunity to own a buildable lot in the coveted Elmwood section of Providence. Take advantage of this prime location, with its proximity to amenities, schools, parks, and transportation, and turn your real estate vision into a reality. Contact us today to learn more and make this your next investment!

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 04/17/2023

Engel & Volkers Oceanside

Last Buyer's Agent

Samuel A. Albert

Innovations Realty License #RES.0042367

Property Details

Property Type

  • Land

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot
  • Property is zoned R-2, Multi-Family,Residential

Location

  • Property near a hospital

Utilities

  • Municipal Utilities District
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 339
  • Assessor Parcel Number 175CONGRESSAVPROV

Community Details

Overview

  • Elmwood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Property Type

Land

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.1148
  • Road Surface Type: Asphalt
  • Subdivision Name: Elmwood
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Single Family

Exterior Features

  • Lot Features: Multiple lots, Level
  • Topography: Level

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 175CONGRESSAVPROV
  • Zoning Description: Multi-Family,Residential
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4420.0
  • Tax Lot: 339
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2024
Sold by
Bought by
Current Estimated Value
$369,880

Purchase Details

Listed on
Apr 17, 2023
Closed on
Nov 27, 2023
Sold by
Bought by
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Samuel A. Albert
Innovations Realty
List Price
$135,000
Sold Price
$142,500
Premium/Discount to List
$7,500
5.56%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.12%
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,863
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1991
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,370
Interest Rate
9.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$142,500 None Available
$220,000 None Available
$132,500 --
$142,500 --
$142,500 --
$54,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Previous Owner $127,863
Previous Owner $128,500
Previous Owner $80,000
Previous Owner $79,370
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $142,500 +5.6% $81 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $135,000 -- $76 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,141 $352,100 $124,700 $227,400
2024 $4,556 $248,300 $59,000 $189,300
2023 $4,556 $248,300 $59,000 $189,300
2022 $4,420 $248,300 $59,000 $189,300
2021 $4,578 $186,400 $49,800 $136,600
2020 $4,578 $186,400 $49,800 $136,600
2019 $4,578 $186,400 $49,800 $136,600
2018 $4,021 $125,800 $33,900 $91,900
2017 $4,021 $125,800 $33,900 $91,900
2016 $4,021 $125,800 $33,900 $91,900
2015 $4,525 $136,700 $41,400 $95,300
2014 $4,614 $136,700 $41,400 $95,300
2013 $4,614 $136,700 $41,400 $95,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333425

State-Wide MLS

APN: PROV-490339-000000-000000

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