NOT LISTED FOR SALE

242 Wayland Ave Unit 1 Providence, RI 02906

Wayland Neighborhood

Estimated Value: $302,000 - $405,000

1 Bed
1 Bath
750 Sq Ft
$250/mo HOA Fee

Last Sold January 10, 2022

Last sale price $240,000 $320 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,455/month

56 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Cooling Available
  • Recreation Facilities
  • Porch
  • 2-minute walk to Gladys Potter Park

About This Home

As of January 2022

Welcome to 242 Wayland Ave. Unit #1. This lovely one bedroom, one bath condo, is nestled in the heart of the East Side of Providence in charming Wayland Square. This lovely first-floor unit welcomes you with gleaming hardwood floors, soaring ceilings, oversized windows, a stunning fireplace and elegant historic details. This condo features a spacious floor plan flooded with natural light, a generous living room and one spacious bedroom and offers the rare amenities of garage parking and basement storage. Conveniently located near all the shops and restaurants of Wayland Square, the Blackstone Blvd walking path, the bike path, Downtown Providence, the train station and highway access. Make 242 Wayland Ave your new condo. Special Financing Incentives available on this property from SIRVA Mortgage.

Last Agent to Sell the Property

The RR&A Team

Coldwell Banker Realty Listed on: 10/15/2021

Coldwell Banker Realty

Last Buyer's Agent

The Quinn Group

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1900

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Laundry in unit

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 269
  • Assessor Parcel Number 242WAYLANDAV1PROV

Community Details

Overview

  • 5 Units
  • Wayland Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,159

Year Built

Built in 1900

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Wayland
  • Above Grade Finished Sq Ft: 750.0
  • Building Name: The Adway
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 750.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 242WAYLANDAV1PROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 3159.4
  • Tax Lot: 269
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 7, 2022
Sold by
Sullivan Brendan P
Bought by
Novotny-Hartmann Helen
Seller's Agent
The RR&A Team
Coldwell Banker Realty
Buyer's Agent
The Quinn Group
RE/MAX Results
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$334,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,971
Avg. Annual Appreciation
10.52%
Original Mortgage
$192,000
Outstanding Balance
$178,770
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,239

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jul 1, 2019
Sold by
Chen John C and Chen Lillian L
Bought by
Sullivan Brendan P
Seller's Agent
Christopher Healy
Coldwell Banker Realty
Buyer's Agent
Alacyn Wolfe
William Raveis Inspire
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$193,030
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 23, 2013
Closed on
Dec 12, 2013
Sold by
Dodge Michael H
Bought by
Chen John C and Chen Lillian L
Seller's Agent
Lana Drew
RE/MAX River's Edge
Buyer's Agent
Christopher Healy
Coldwell Banker Realty
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Jun 30, 2011
Sold by
Roberta Oliven T
Bought by
Dodge Michael Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,920
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Parada Jairo O and Parada Cecilia
Bought by
Roberta A Oliven T

Purchase Details

Closed on
Aug 31, 2000
Sold by
Almeida Robert S
Bought by
Parada Jarro O and Parada Cecilia

Purchase Details

Closed on
Sep 7, 1999
Sold by
Lee Anthony T
Bought by
Almeida Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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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
Novotny-Hartmann Helen $240,000 None Available
Sullivan Brendan P $199,000 --
Chen John C $180,000 --
Dodge Michael Henry $189,900 --
Roberta A Oliven T $210,000 --
Parada Jarro O $119,000 --
Almeida Robert S $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novotny-Hartmann Helen $192,000
Previous Owner Sullivan Brendan P $193,030
Previous Owner Almeida Robert S $169,920
Previous Owner Almeida Robert S $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $240,000 +4.4% $320 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $229,900 +15.5% $307 / Sq Ft
07/01/2019 07/01/19 Sold $199,000 -2.9% $265 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $205,000 +13.9% $273 / Sq Ft
12/12/2013 12/12/13 Sold $180,000 -14.3% $240 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $210,000 -- $280 / 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 $4,263 $232,300 $0 $232,300
2023 $4,263 $232,300 $0 $232,300
2022 $4,135 $232,300 $0 $232,300
2021 $5,266 $214,400 $0 $214,400
2020 $5,266 $214,400 $0 $214,400
2019 $5,266 $214,400 $0 $214,400
2018 $6,379 $199,600 $0 $199,600
2017 $6,379 $199,600 $0 $199,600
2016 $6,379 $199,600 $0 $199,600
2015 $6,259 $189,100 $0 $189,100
2014 $6,382 $189,100 $0 $189,100
2013 $6,257 $185,400 $0 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1294890

State-Wide MLS

APN: PROV-390269-000000-000001