NOT LISTED FOR SALE

192 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $540,000 - $629,000

6 Beds
3 Baths
3,642 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $375,000 $103 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,330/month

72 Days on Market

Highlights

  • Cooling Available
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Laundry Room
  • Utility Room
  • 3-minute walk to Clarence Street Playground

About This Home

As of December 2021

Come a See this Amazing 3 units, located in the heart of SILVER LAKE!!!

Esta es tu oportunidad de ver esta Maravillosa propiedad, localizada en el corazon de SILVE LAKE!!

This property offers 2 beds 1 bath each floor, with parking for 5-6 vehicles in the back, A wonderful opportunity for you to stop paying rent, and let the Tenants pay your loan; and or an ideal investment property with the high demand for rentals in the city of providence. Don't waste a minute, in this house you will be centrally located, near schools, parks, Highway, public Transportation and more. call fast for a Showing before is gone!!

Last Agent to Sell the Property

Hilda Vargas

Ocean Blue Realty License #REB.0019477 Listed on: 08/25/2021

Last Buyer's Agent

Braulio Diaz

The Network License #REB.0018508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1920

Lot Details

  • 4,840 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 6 Car Garage
  • No Garage

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 3,642 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Utility Room
  • Laundry Room
  • Laminate Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 748
  • Assessor Parcel Number 192PROGRESSSTPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Building Details

  • Operating Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,907

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1111
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 3642.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Other
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Garage Spaces: 6.0
  • Parking Features: No Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4840.0
  • Parcel #: 192PROGRESSSTPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 4500.0

Tax Info

  • Tax Annual Amount: 4907.0
  • Tax Lot: 748
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Dec 3, 2021
Sold by
Torrico Giovana
Bought by
Estrada Alba O
Seller's Agent
Hilda Vargas
Ocean Blue Realty
Buyer's Agent
Braulio Diaz
The Network
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Current Estimated Value
$581,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,552
Avg. Annual Appreciation
11.02%
Original Mortgage
$368,207
Outstanding Balance
$337,865
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$238,929

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 28, 2019
Sold by
Rotondo Ronald W and Rotondo Denise L
Bought by
Torrico Giovana
Seller's Agent
Matt Kachanis
Serhant New England
Buyer's Agent
Matt Kachanis
Serhant New England
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Apr 7, 2015
Sold by
Rotondo Steven W and Rotondo Paul A
Bought by
Rotondo Angela L
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
Estrada Alba O $375,000 None Available
Torrico Giovana $280,000 --
Rotondo Angela L $56,010 --
Rotondo Angela L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Alba O $368,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $375,000 -5.1% $103 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $395,000 +41.1% $108 / Sq Ft
06/28/2019 06/28/19 Sold $280,000 -6.6% $77 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $299,900 -- $82 / 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 $3,825 $506,600 $135,700 $370,900
2024 $6,149 $335,100 $85,800 $249,300
2023 $6,149 $335,100 $85,800 $249,300
2022 $5,965 $335,100 $85,800 $249,300
2021 $4,907 $199,800 $48,700 $151,100
2020 $4,907 $199,800 $48,700 $151,100
2019 $4,907 $199,800 $48,700 $151,100
2018 $4,136 $129,400 $41,500 $87,900
2017 $4,136 $129,400 $41,500 $87,900
2016 $4,136 $129,400 $41,500 $87,900
2015 $3,638 $109,900 $41,500 $68,400
2014 $3,709 $109,900 $41,500 $68,400
2013 $3,709 $109,900 $41,500 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Hilda Vargas

    Seller's Agent in 2021

    Hilda Vargas

    Ocean Blue Realty

    (401) 865-0224

    7 in this area

    90 Total Sales

    Hilda Vargas
    Section Image

  • B

    Buyer's Agent in 2021

    Braulio Diaz

    The Network

    (401) 636-1985

    13 in this area

    177 Total Sales

    Braulio Diaz
    Section Image
  • Matt Kachanis

    Seller's Agent in 2019

    Matt Kachanis

    Serhant New England

    (401) 787-1885

    132 Total Sales

    Matt Kachanis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1292054

State-Wide MLS

APN: PROV-001040-000748-000000

Rhode Island Providence County Providence 02909 Silver Lake

192 Progress Ave, Providence, RI

Not Listed for Sale

MultiFamily

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