NOT LISTED FOR SALE

185 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $450,595 - $587,000

4 Beds
2 Baths
1,960 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $110,000 $56 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $3,031/month

335 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Baseboard Heating
  • Porch
  • Storage Room
  • 1-minute walk to Clarence Street Playground

About This Home

As of October 2012

SHORT SALE APPROVE FOR $120,000.00.GREAT TWO FAMILY MOVING CONDITION WITH FINISH BASEMENT FOR EXTRA LIVING SPACE.

Last Agent to Sell the Property

The Sussy Deleon Team

RE/MAX New Horizons Listed on: 10/31/2011

Last Buyer's Agent

The Sussy Deleon Team

Re/Max New Horizons

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1920

Lot Details

  • 4,000

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Finished Basement
  • Dirt Floor
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 4,000 Sq Ft Lot

Community Details

  • 2 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 196
  • Assessor Parcel Number 185WALLACESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 1960.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Dirt Floor, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 1960.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4000.0
  • Parcel #: 185WALLACESTPROV

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2232.0
  • Tax Lot: 196
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2006
Sold by
Cruz Juan A
Bought by
Vielman Carmen
Current Estimated Value
$526,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.17%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Mignanelli John A and Mignanelli Maria G
Bought by
Cruz Juan O

Purchase Details

Closed on
Nov 7, 1996
Sold by
Pilozzi Evelyn
Bought by
Mignanelli John A and Mignanelli Maria
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
Vielman Carmen $275,000 --
Cruz Juan O $88,000 --
Mignanelli John A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mignanelli John A $108,007
Closed Mignanelli John A $2,500
Closed Mignanelli John A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $110,000 -8.3% $56 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $120,000 -- $61 / 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
2025 $3,675 $486,700 $137,700 $349,000
2024 $6,037 $329,000 $87,100 $241,900
2023 $6,037 $329,000 $87,100 $241,900
2022 $5,856 $329,000 $87,100 $241,900
2021 $4,600 $187,300 $51,500 $135,800
2020 $4,600 $187,300 $51,500 $135,800
2019 $4,600 $187,300 $51,500 $135,800
2018 $4,251 $133,000 $43,900 $89,100
2017 $4,251 $133,000 $43,900 $89,100
2016 $4,251 $133,000 $43,900 $89,100
2015 $3,866 $116,800 $43,900 $72,900
2014 $3,942 $116,800 $43,900 $72,900
2013 $3,942 $116,800 $43,900 $72,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    The Sussy Deleon Team

    RE/MAX New Horizons

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Map

Source: State-Wide MLS

MLS Number: 1004601

State-Wide MLS

APN: PROV-001040-000196-000000

Rhode Island Providence County Providence 02909 Silver Lake

185 Wallace St, Providence, RI

Not Listed for Sale

MultiFamily

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