NOT LISTED FOR SALE

241 Pocasset Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $106,000 - $189,000

0.06 Acre
$2,751,865 Price per Acre
2,524 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $157,500 $87 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $936/month

7 Days on Market

Highlights

  • Public Transportation
  • Level Lot
  • 3-minute walk to Paul Grande Jr. Park

About This Lot

As of November 2023

Here is a Vacant Lot, located in a C1 zone of Silver Lake! This land is suitable for anything from a two-family property to a 9-Unit Building! If you have always wanted to own a restaurant or office space, this is also the perfect opportunity. 241 Pocasset is directly on a bus route, close to major highways, and has great visibility in a high traffic area. Survey available upon request, as well as DPW Approval. ALL UTILITIES AVAILABLE!

Last Agent to Sell the Property

Samuel A. Albert

RE/MAX Innovations License #RES.0042367 Listed on: 11/07/2023

RE/MAX Innovations

Last Buyer's Agent

Samuel A. Albert

RE/MAX Innovations License #RES.0042367 Listed on: 11/07/2023

RE/MAX Innovations

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Year Built

  • 1918

Lot Details

  • 2,524 Sq Ft Lot
  • Level Lot
  • Property is zoned Multi-Family,Residential

Community Details

  • Silver Lake Subdivision
  • Public Transportation

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 241POCASSETAVPROV

Property Details

Property Type

Land

Est. Annual Taxes

$541

Year Built

1918

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.0579
  • Road Frontage Type: City Street
  • Inclusions: Owned by Licensee
  • Subdivision Name: Silver Lake
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built: 1918

Exterior Features

  • Lot Features: Level
  • Topography: Cleared,Level

Utilities

  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Community Features: Public Transportation, High Traffic Location, Sidewalks

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 2524.0
  • Parcel #: 241POCASSETAVPROV
  • Zoning Description: Multi-Family,Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 202
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Nov 30, 2023
Sold by
Eleven91 Homes Llc
Bought by
Maxton Investments Llc
Seller's Agent
Samuel A. Albert
RE/MAX Innovations
Buyer's Agent
Samuel A. Albert
RE/MAX Innovations
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%
Total Days on Market
7
Views
16
Current Estimated Value
$159,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,833
Avg. Annual Appreciation
0.76%
Original Mortgage
$107,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 9, 2023
Sold by
Cosmo Emilia
Bought by
Eleven91 Homes Llc
Seller's Agent
Lissette Guzman
Circle 100 Real Estate
Buyer's Agent
Samuel A. Albert
RE/MAX Innovations
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.93%
Original Mortgage
$75,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2014
Sold by
Ri Hsng & Mtg Fin Corp and Providence City Of
Bought by
Ri Hsng & Mtg Fin Corp
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
Maxton Investments Llc $157,500 None Available
Eleven91 Homes Llc $80,000 None Available
Ri Hsng & Mtg Fin Corp $2,020 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxton Investments Llc $1,000,000
Closed Maxton Investments Llc $107,000
Previous Owner Eleven91 Homes Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $157,500 -4.5% $87 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $165,000 +106.3% $91 / Sq Ft
03/09/2023 03/09/23 Sold $80,000 0.0% $44 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $80,000 +150.0% $44 / Sq Ft
01/04/2019 01/04/19 Sold $32,000 0.0% $18 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $32,000 -- $18 / 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 $541 $29,500 $29,500 $0
2023 $541 $29,500 $29,500 $0
2022 $525 $29,500 $29,500 $0
2021 $410 $16,700 $16,700 $0
2020 $410 $16,700 $16,700 $0
2019 $410 $16,700 $16,700 $0
2018 $457 $14,300 $14,300 $0
2017 $457 $14,300 $14,300 $0
2016 $457 $14,300 $14,300 $0
2015 $473 $14,300 $14,300 $0
2014 $2,086 $61,800 $40,800 $21,000
2013 $2,086 $61,800 $40,800 $21,000
Source: Public Records

Agents Affiliated with this Home

  • Lissette Guzman

    Seller's Agent in 2023

    Lissette Guzman

    Circle 100 Real Estate

    (401) 230-6272

    10 in this area

    88 Total Sales

    Lissette Guzman
    Section Image
  • Samuel A. Albert

    Seller's Agent in 2023

    Samuel A. Albert

    RE/MAX Innovations

    (401) 326-4900

    5 in this area

    256 Total Sales

    Samuel A. Albert
    Section Image
  • Kathy Souza

    Seller's Agent in 2019

    Kathy Souza

    RE/MAX Preferred

    (401) 265-4494

    83 Total Sales

    Kathy Souza
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1347619

State-Wide MLS

APN: PROV-001090-000202-000000

Rhode Island Providence County Providence 02909 Silver Lake

241 Pocasset Ave, Providence, RI

This home is located at 241 Pocasset Ave, Providence, RI 02909 since 07 November 2023 and is currently estimated at $159,333, approximately $87 per square foot. This property was built in 1918. 241 Pocasset Ave 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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