NOT LISTED FOR SALE

218 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $408,102 - $603,000

4 Beds
2 Baths
3,252 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $270,000 $83 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,232/month

75 Days on Market

Highlights

  • Baseboard Heating
  • Heating System Uses Steam
  • 1-minute walk to Clarence Street Playground

About This Home

As of November 2019

sold before print

Last Agent to Sell the Property

Enrique Mendez

BHHS Pinnacle Realty License #RES.0033266 Listed on: 08/12/2019

BHHS Pinnacle Realty

Last Buyer's Agent

Enrique Mendez

BHHS Pinnacle Realty License #RES.0033266 Listed on: 08/12/2019

BHHS Pinnacle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • 3,252 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 10 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 218WALLACESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 3252.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 218WALLACESTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3691.0
  • Tax Lot: 213
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Maldonado Maira C and Garcia Jorge A
Bought by
Garcia Mayra and Garcia-Osorio Jorge A
Current Estimated Value
$511,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$343,555
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$107,720

Purchase Details

Listed on
Aug 12, 2019
Closed on
Nov 21, 2019
Sold by
Pineda Hugo A
Bought by
Garcia Jorge A and Maldonado Maira C
Seller's Agent
Enrique Mendez
BHHS Pinnacle Realty
Buyer's Agent
Enrique Mendez
BHHS Pinnacle Realty
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$265,109
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2015
Sold by
Pineda Hugo A and Pineda Mirna A
Bought by
Pineda Hugo A

Purchase Details

Closed on
Sep 10, 2004
Sold by
Gordillo Herminia
Bought by
Pineda Hugo A

Purchase Details

Closed on
Feb 27, 1997
Sold by
Puglia Frank R and Puglia Lynda
Bought by
Gordillo Herminia
Source: Public Records

Range of Values:

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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
Garcia Mayra -- None Available
Garcia Mayra -- None Available
Garcia Jorge A $270,000 --
Garcia Jorge A $270,000 --
Pineda Hugo A -- --
Pineda Hugo A -- --
Pineda Hugo A $238,000 --
Pineda Hugo A $238,000 --
Gordillo Herminia $58,000 --
Gordillo Herminia $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Mayra $345,000
Closed Garcia Mayra $345,000
Previous Owner Garcia Jorge A $265,109
Previous Owner Gordillo Herminia $228,000
Previous Owner Gordillo Herminia $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $270,000 -5.3% $83 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $285,000 -- $88 / 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
2024 $5,340 $291,000 $86,000 $205,000
2023 $5,340 $291,000 $86,000 $205,000
2022 $5,180 $291,000 $86,000 $205,000
2021 $4,028 $164,000 $48,800 $115,200
2020 $4,028 $164,000 $48,800 $115,200
2019 $4,028 $164,000 $48,800 $115,200
2018 $3,691 $115,500 $41,600 $73,900
2017 $3,691 $115,500 $41,600 $73,900
2016 $3,691 $115,500 $41,600 $73,900
2015 $3,409 $103,000 $41,600 $61,400
2014 $3,476 $103,000 $41,600 $61,400
2013 $3,476 $103,000 $41,600 $61,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Enrique Mendez

    BHHS Pinnacle Realty

    (401) 626-2882

    4 in this area

    23 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1232142

State-Wide MLS

APN: PROV-001040-000213-000000

Rhode Island Providence County Providence 02909 Silver Lake

218 Wallace St, Providence, RI

This home is located at 218 Wallace St, Providence, RI 02909 since 12 August 2019 and is currently estimated at $511,526, approximately $157 per square foot. This property was built in 1920. 218 Wallace St is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

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