Seller's Agent in 2022
Diane Belanger
Keller Williams South Watuppa
(508) 524-2038
3 in this area
26 Total Sales
181 Wallace St Providence, RI 02909
Silver Lake NeighborhoodEstimated Value: $533,000 - $736,000
4
Beds
5
Baths
2,384
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Park
- 3 Car Garage
- 9 Fireplaces
- Shops
- 1-minute walk to Clarence Street Playground
About This Home
As of September 2022Great owner occupied or investment! Nice side by side duplex in Silver Lake area. Left unit is the larger of the two units making for exceptional owner occupancy. Eat in kitchens in both, 1.5 baths, (2nd unit has 2nd Bath in basement) and the bedrooms are on the second floor with private balconies in the back. Each unit has own gas heating system , hot water tanks & electrical panel. New roof installed in May 2022. Off street parking and a 1 car and a 2 car garage in the back. Easy access to highway to Providence, Boston, shopping, restaurants and more! Showings Saturday 6/11 between 12 and 1:30PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,992
Year Built
- Built in 1993
Lot Details
- 5,000 Sq Ft Lot
- Level Lot
Parking
- 3 Car Garage
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 2,384 Sq Ft Home
- 9 Fireplaces
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Property is near public transit
- Property is near schools
Schools
- Anthony Carneva Elementary School
- Dr. Jorge Alvar High School
Listing and Financial Details
- Total Actual Rent $1,800
- Assessor Parcel Number PROV M:104 L:195,290843
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Shops
Recreation
- Park
Building Details
- Operating Expense $5,000
- Net Operating Income $21,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2022
Closed on
Sep 16, 2022
Sold by
Chan Johnny
Bought by
Sal Andrea and Sal Mouhamed B
Seller's Agent
Diane Belanger
Keller Williams South Watuppa
Buyer's Agent
Eduardo Marines
REALPRO By The Water
List Price
$429,900
Sold Price
$450,000
Premium/Discount to List
$20,100
4.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,223
Avg. Annual Appreciation
11.25%
Original Mortgage
$441,849
Outstanding Balance
$422,467
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$195,756
Purchase Details
Closed on
Sep 1, 2006
Sold by
Mignanelli John A and Mignanelli Maria G
Bought by
Chan Johnny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sal Andrea | $450,000 | None Available | |
| Chan Johnny | $313,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sal Andrea | $441,849 | |
| Previous Owner | Mignanelli John A | $281,700 | |
| Previous Owner | Mignanelli John A | $140,000 | |
| Previous Owner | Mignanelli John A | $107,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2022 09/16/22 | Sold | $450,000 | +4.7% | $189 / Sq Ft |
| 06/19/2022 06/19/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $429,900 | -- | $180 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,648 | $416,800 | $87,100 | $329,700 |
| 2023 | $7,648 | $416,800 | $87,100 | $329,700 |
| 2022 | $7,341 | $412,400 | $87,100 | $325,300 |
| 2021 | $6,653 | $270,900 | $51,500 | $219,400 |
| 2020 | $6,653 | $270,900 | $51,500 | $219,400 |
| 2019 | $6,653 | $270,900 | $51,500 | $219,400 |
| 2018 | $6,175 | $193,200 | $43,900 | $149,300 |
| 2017 | $6,175 | $193,200 | $43,900 | $149,300 |
| 2016 | $6,175 | $193,200 | $43,900 | $149,300 |
| 2015 | $5,653 | $170,800 | $43,900 | $126,900 |
| 2014 | $5,765 | $170,800 | $43,900 | $126,900 |
| 2013 | $5,765 | $170,800 | $43,900 | $126,900 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Belanger
-
Eduardo Marines
Buyer's Agent in 2022
Eduardo Marines
REALPRO By The Water
(401) 432-4223
4 in this area
67 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72994270
APN: PROV-001040-000195-000000
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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