NOT LISTED FOR SALE

216 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $535,646 - $618,000

6 Beds
3 Baths
4,025 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $365,000 $91 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,396/month

90 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Clarence Street Playground

About This Home

As of March 2021

Amazing 3 family home. The entire house has been remodeled inside & out within the past 6-7 years. New plumbing, electrical, heating systems, brand new vinyl siding,and brand new deck! All 3 floors boasts newer kitchens, bathrooms, & good sized bedrooms. This is a great income property. Don't miss out Schedule a showing now!

Last Agent to Sell the Property

Anchor Yahoo

Anchor Properties License #REB.0016535 Listed on: 11/09/2020

Last Buyer's Agent

Jorge Jimenez

JJ Properties License #REC.0016576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,794

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • 4,025 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 299
  • Assessor Parcel Number 216PROGRESSAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,794

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Above Grade Finished Sq Ft: 4025.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 216PROGRESSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4794.12
  • Tax Lot: 299
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 12, 2021
Sold by
Wisdom Properties Llc
Bought by
Abosede Elizabeth and Badejo Joy
Seller's Agent
Anchor Yahoo
Anchor Properties
Buyer's Agent
Jorge Jimenez
JJ Properties
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$591,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,912
Avg. Annual Appreciation
10.44%
Original Mortgage
$359,370
Outstanding Balance
$320,115
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$271,797

Purchase Details

Closed on
Mar 7, 2016
Sold by
Vicioso Lewin
Bought by
Wisdom Properties Llc

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 13, 2014
Sold by
Department Of Housing & Urban Dev
Bought by
Hernandez Katie
Seller's Agent
The Sussy Deleon Team
RE/MAX New Horizons
Buyer's Agent
Luis Vicioso
Rhody Realty
List Price
$56,800
Sold Price
$67,500
Premium/Discount to List
$10,700
18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.90%
Original Mortgage
$97,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2014
Sold by
Pnc Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Aug 22, 2013
Sold by
Monterroso Marion and Pnc Bank Na
Bought by
Pnc Bank Na

Purchase Details

Closed on
Mar 5, 2001
Sold by
Nacaiuso Davod G
Bought by
Butler Frederick A
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
Abosede Elizabeth $366,000 None Available
Wisdom Properties Llc -- --
Hernandez Katie $67,500 --
Hernandez Katie -- --
Department Of Housing & Urban Dev -- --
Pnc Bank Na $301,633 --
Butler Frederick A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abosede Elizabeth $359,370
Previous Owner Butler Frederick A $15,000
Previous Owner Hernandez Katie $97,000
Previous Owner Butler Frederick A $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2021 03/10/21 Sold $365,000 -1.3% $91 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $369,900 +448.0% $92 / Sq Ft
08/14/2014 08/14/14 Sold $67,500 +18.8% $28 / Sq Ft View Prior Sale
07/15/2014 07/15/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $56,800 -- $23 / 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 $3,986 $528,000 $136,000 $392,000
2024 $6,195 $337,600 $86,000 $251,600
2023 $6,195 $337,600 $86,000 $251,600
2022 $6,009 $337,600 $86,000 $251,600
2021 $4,794 $195,200 $48,800 $146,400
2020 $4,794 $195,200 $48,800 $146,400
2019 $4,794 $195,200 $48,800 $146,400
2018 $4,040 $126,400 $41,600 $84,800
2017 $4,040 $126,400 $41,600 $84,800
2016 $4,040 $126,400 $41,600 $84,800
2015 $2,976 $89,900 $41,600 $48,300
2014 $3,034 $89,900 $41,600 $48,300
2013 $3,034 $89,900 $41,600 $48,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anchor Yahoo

    Anchor Properties

    (401) 714-7001

    3 in this area

    44 Total Sales

    Anchor Yahoo
    Section Image

  • J

    Buyer's Agent in 2021

    Jorge Jimenez

    JJ Properties

    (401) 339-7520

    3 in this area

    9 Total Sales

    Jorge Jimenez
    Section Image

  • T

    Seller's Agent in 2014

    The Sussy Deleon Team

    RE/MAX New Horizons

  • L

    Buyer's Agent in 2014

    Luis Vicioso

    Rhody Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1269669

State-Wide MLS

APN: PROV-001040-000299-000000

Rhode Island Providence County Providence 02909 Silver Lake

216 Progress Ave, Providence, RI

Not Listed for Sale

MultiFamily

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