NOT LISTED FOR SALE

289 Union Ave Unit 291 Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $644,000 - $757,000

9 Beds
3 Baths
7,368 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $285,000 $39 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,357/month

51 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Heating System Uses Steam

About This Home

As of September 2019

This is a must see!!!! Don't pass on it. A large well maintain 3 family with 3beds, double parlor in all units and a partial finish walk up attic. There is plenty of parking. The house is centrally located in a convenience location of Silverlake off of route 10 minutes from downtown Providence and less then an hour from Boston. Why pay for rent if you can have tenants help pay for your mortgage. Highest and best is due by 1pm on 6/25/2019

Last Agent to Sell the Property

Marong Tho

CYCAD REALTY, LLC License #REB.0017253 Listed on: 06/20/2019

Last Buyer's Agent

The Realpro Group

REALPRO by The Water

REALPRO by The Water

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1900

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • 7,368 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $8,500

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 519
  • Assessor Parcel Number 289UNIONAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,692

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Above Grade Finished Sq Ft: 7368.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • 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: 6000.0
  • Parcel #: 289UNIONAVPROV
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Annual Amount: 5692.0
  • Tax Lot: 519
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Sep 10, 2019
Sold by
Launh Sirivy
Bought by
Cruz Hendy U and Marroquin-Natareno Ofelia
Seller's Agent
Marong Tho
CYCAD REALTY, LLC
Buyer's Agent
The Realpro Group
REALPRO by The Water
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$689,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,667
Avg. Annual Appreciation
15.64%
Original Mortgage
$360,333
Outstanding Balance
$316,269
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$373,399

Purchase Details

Closed on
Apr 15, 2016
Sold by
Leng Kim H
Bought by
Launh Sirivy
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
Cruz Hendy U $285,000 --
Launh Sirivy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Hendy U $360,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2019 09/10/19 Sold $285,000 -3.4% $39 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $295,000 -- $40 / 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 $8,246 $449,400 $73,800 $375,600
2023 $8,246 $449,400 $73,800 $375,600
2022 $3,884 $449,400 $73,800 $375,600
2021 $3,884 $263,600 $49,600 $214,000
2020 $6,474 $263,600 $49,600 $214,000
2019 $6,474 $263,600 $49,600 $214,000
2018 $5,692 $178,100 $48,100 $130,000
2017 $5,692 $178,100 $48,100 $130,000
2016 $5,692 $178,100 $48,100 $130,000
2015 $5,011 $151,400 $51,100 $100,300
2014 $5,110 $151,400 $51,100 $100,300
2013 $5,110 $151,400 $51,100 $100,300
Source: Public Records

Agents Affiliated with this Home

  • Marong Tho

    Seller's Agent in 2019

    Marong Tho

    CYCAD REALTY, LLC

    (508) 863-0508

    2 in this area

    54 Total Sales

    Marong Tho
    Section Image

  • T

    Buyer's Agent in 2019

    The Realpro Group

    REALPRO by The Water

    (401) 709-4626

    22 in this area

    377 Total Sales

    The Realpro Group
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1227299

State-Wide MLS

APN: PROV-001040-000519-000000

Rhode Island Providence County Providence 02909 Silver Lake

289 Union Ave Unit 291, Providence, RI

This home is located at 289 Union Ave Unit 291, Providence, RI 02909 since 20 June 2019 and is currently estimated at $689,667, approximately $93 per square foot. This property was built in 1900. 289 Union Ave Unit 291 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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