NOT LISTED FOR SALE

25 Alger Ave Providence, RI 02907

South Elmwood Neighborhood

Estimated Value: $520,000 - $745,322

0.28 Acre
$2,463,089 Price per Acre
12,001 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $60,000

Est. 1,031% increase in value since last sale

Current estimated payment $4,431/month

60 Days on Market

Highlights

  • 0.28 Acre Lot
  • Public Transportation
  • 2-minute walk to Washington Park Cal Ripken League
  • Tennis Courts
  • Fenced

About This Lot

As of February 2019

***ATTENTION DEVELOPERS***GREAT OPPORTUNITY TO BUILD A 2 FAMILY HOUSE OR SINGLE FAMILY HOUSE IN A GREAT NEIGHBORHOOD. 12,000 SQ FT LOT WITH 60 FT FRONTAGE. DRIVE BY. BUYER TO DO DUE DILIGENCE.

Last Agent to Sell the Property

Bea Whitman

HomeSmart Professionals Listed on: 11/29/2018

HomeSmart Professionals

Co-Listed By

Karen Torrico

Keller Williams Leading Edge License #RES.0035637

Keller Williams Leading Edge

Last Buyer's Agent

Karen Torrico

Keller Williams Leading Edge License #RES.0035637

Keller Williams Leading Edge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $997

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Cleared Lot
  • Property is zoned R2, Multi-Family,Residential

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 25ALGERAVPROV

Community Details

Recreation

  • Tennis Courts
  • Recreation Facilities

Additional Features

  • South Elmwood Subdivision
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$997

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.2755
  • Road Frontage Type: City Street
  • Co List Office Mls Id: KELW01
  • Co List Office Phone: 401-785-1700
  • Subdivision Name: SOUTH ELMWOOD
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Single Family, Residential

Exterior Features

  • Fencing: Fenced
  • Topography: Cleared

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Tennis Court(s), Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12000.0
  • Parcel #: 25ALGERAVPROV
  • Zoning Description: Multi-Family,Residential
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 997.0
  • Tax Lot: 25
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Wisdom Pro Llc
Bought by
Wisdom Pro Llc
Current Estimated Value
$678,581

Purchase Details

Listed on
Nov 29, 2018
Closed on
Feb 28, 2019
Sold by
Ventura Carlos R
Bought by
Wisdom Properties Llc
Seller's Agent
Bea Whitman
HomeSmart Professionals
Buyer's Agent
Karen Torrico
Keller Williams Leading Edge
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.09%
Original Mortgage
$50,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Wisdom Pro Llc -- None Available
Wisdom Pro Llc -- None Available
Wisdom Properties Llc $60,000 --
Wisdom Properties Llc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wisdom Properties Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $60,000 -20.0% --
01/29/2019 01/29/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $75,000 -- --
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 $10,294 $735,300 $131,300 $604,000
2024 $10,715 $583,900 $94,600 $489,300
2023 $10,715 $583,900 $94,600 $489,300
2022 $10,393 $583,900 $94,600 $489,300
2021 $9,399 $382,700 $68,700 $314,000
2020 $1,687 $68,700 $68,700 $0
2019 $842 $34,300 $34,300 $0
2018 $997 $31,200 $31,200 $0
2017 $997 $31,200 $31,200 $0
2016 $997 $31,200 $31,200 $0
2015 $804 $24,300 $24,300 $0
2014 $820 $24,300 $24,300 $0
2013 $820 $24,300 $24,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Bea Whitman

    Seller's Agent in 2019

    Bea Whitman

    HomeSmart Professionals

    (401) 316-8493

    68 Total Sales

    Bea Whitman
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Karen Torrico

    Keller Williams Leading Edge

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1210468

State-Wide MLS

APN: PROV-880025-000000-000000

Rhode Island Providence County Providence 02907 South Elmwood

25 Alger Ave, Providence, RI

Not Listed for Sale

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