NOT LISTED FOR SALE

285 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $647,000 - $708,927

7 Beds
3 Baths
3,373 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $505,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,146/month

7 Days on Market

Highlights

  • 0.18 Acre Lot
  • Game Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • Thermal Windows

About This Home

As of July 2022

Great two family house in the heart of Silver Lake , offers a double lot, two car garage, parking for 6 cars, big yard, 1st floor consists of living room eating kitchen, bathroom , four bedrooms , in the back of this apartment, it is a inlaw apartment with additional bedrooms, full bathroom, livingroom, including access to a finish basement , 2rd floor has two bedroom, eating kitchen, bathroom and living room, . All units are fully applianced , it is hookups for washer and dryer for each unit in the basement , it has updated heating systems, hot water tanks, insulated glass windows, hot water tanks, fairly new vinyl siding on the house and garage , convenient to all main highways , train station, shopping, restaurants and 10 min drive to Downtown Providence and TF Green airport!

Last Agent to Sell the Property

Sussy Deleon

RE/MAX New Horizons License #REB.0015186 Listed on: 05/17/2022

RE/MAX New Horizons

Last Buyer's Agent

Doreen Peirce

C-21 Butterman & Kryston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,632

Year Built

  • Built in 1920

Lot Details

  • 8,000 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,373 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Game Room
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 517
  • Assessor Parcel Number 285UNIONAVPROV

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,632

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1837
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 3373.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Accessibility Features: Other
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Bathtub
  • Dining Room Type: Bedroom, Game Room, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8000.0
  • Parcel #: 285UNIONAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5632.0
  • Tax Lot: 517
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 30, 2022
Sold by
Tella Julie A
Bought by
Gomez Gregori R
Seller's Agent
Sussy Deleon
RE/MAX New Horizons
Buyer's Agent
Doreen Peirce
C-21 Butterman & Kryston
List Price
$439,900
Sold Price
$505,000
Premium/Discount to List
$65,100
14.8%
Current Estimated Value
$679,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,982
Avg. Annual Appreciation
9.52%
Original Mortgage
$495,853
Outstanding Balance
$472,395
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$207,587

Purchase Details

Closed on
Oct 6, 2008
Sold by
Nomura Credit Capital
Bought by
Tella Julie

Purchase Details

Closed on
Jul 16, 2007
Sold by
Cruz Edgar O and Brown Rosanna
Bought by
Nomura Credit Capital

Purchase Details

Closed on
Sep 1, 2004
Sold by
Burgess Robert L
Bought by
Brown Rosanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Howe Kenneth A
Bought by
Burgess Robert L
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
Gomez Gregori R $505,000 None Available
Tella Julie $65,500 --
Nomura Credit Capital $273,773 --
Brown Rosanna $260,000 --
Burgess Robert L $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Gregori R $495,853
Previous Owner Burgess Robert L $260,000
Previous Owner Burgess Robert L $65,000
Previous Owner Burgess Robert L $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $505,000 +14.8% $150 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $439,900 -- $130 / 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 $6,325 $344,700 $75,600 $269,100
2023 $6,325 $344,700 $75,600 $269,100
2022 $6,136 $344,700 $75,600 $269,100
2021 $5,632 $229,300 $51,900 $177,400
2020 $5,632 $229,300 $51,900 $177,400
2019 $5,632 $229,300 $51,900 $177,400
2018 $5,040 $157,700 $50,400 $107,300
2017 $5,040 $157,700 $50,400 $107,300
2016 $5,040 $157,700 $50,400 $107,300
2015 $4,267 $128,900 $53,500 $75,400
2014 $4,350 $128,900 $53,500 $75,400
2013 $4,350 $128,900 $53,500 $75,400
Source: Public Records

Agents Affiliated with this Home

  • Sussy Deleon

    Seller's Agent in 2022

    Sussy Deleon

    RE/MAX New Horizons

    (401) 331-8855

    15 in this area

    147 Total Sales

    Sussy Deleon
    Section Image

  • D

    Buyer's Agent in 2022

    Doreen Peirce

    C-21 Butterman & Kryston

  • D

    Buyer's Agent in 2022

    Doreen Pierce

    C-21 Butterman & Kryston

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1310463

State-Wide MLS

APN: PROV-001040-000517-000000

Rhode Island Providence County Providence 02909 Silver Lake

285 Union Ave, Providence, RI

This home is located at 285 Union Ave, Providence, RI 02909 since 17 May 2022 and is currently estimated at $679,982, approximately $201 per square foot. This property was built in 1920. 285 Union Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Laurel Hill Annex School.

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