NOT LISTED FOR SALE

346 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $520,194 - $753,000

8 Beds
4 Baths
5,882 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $465,000 $79 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,900/month

89 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • Laundry Room
  • 2 Car Detached Garage
  • Porch
  • Storage Room

About This Home

As of January 2022

UNIQUE AND RARE OPPORTUNITY TO OWN THIS CASH COW!! A MULTI-FAMILY IN CRANSTON, RI ON THE PROVIDENCE LINE. THIS IS A HUGE, 5882 SQ FOOT LEGAL 2 FAMILY HOME THAT HAS 8 BEDROOMS, 4 BATHROOMS. MANY UPDATES THROUGHOUT. COMPLETELY REMODELED. RECENTLY PAINTED EXTERIOR, ROOF IS 10 YEARS OLD, ROOF ON GARAGE IS 2 YEARS OLD. TWO 2 YEAR OLD NAVIEN HEATING SYSTEM WITH UNLIMITED HOT WATER. CLOSE TO EVERYTHING. EASY RENTALS. CALL TODAY, THIS WILL NOT LAST LONG!

Last Agent to Sell the Property

Gary Balletto

Balletto Realty License #REB.0017234 Listed on: 09/29/2021

Last Buyer's Agent

The Realpro Group

REALPRO by The Water

REALPRO by The Water

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1921

Lot Details

  • 3,920

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 5,882 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 424
  • Assessor Parcel Number 346UNIONAVCRAN

Community Details

Amenities

  • Shops
  • Public Transportation

Additional Features

  • 2 Units
  • Operating Expense $14,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 5882.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Skylights
  • Dining Room Type: Bathroom, Bedroom, Laundry, Storage Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Masonry
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

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, Electric, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 346UNIONAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 14855.0

Tax Info

  • Tax Annual Amount: 5880.0
  • Tax Lot: 424
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 5, 2022
Sold by
Balletto Gary A
Bought by
Soto-Rosario Baner B
Seller's Agent
Gary Balletto
Balletto Realty
Buyer's Agent
The Realpro Group
REALPRO by The Water
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Current Estimated Value
$624,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,799
Avg. Annual Appreciation
8.41%
Original Mortgage
$456,577
Outstanding Balance
$425,067
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$196,315

Purchase Details

Closed on
Feb 2, 2009
Sold by
Florian Antonio and Florian Morma
Bought by
Balletto Gary

Purchase Details

Closed on
Apr 28, 2006
Sold by
Daza Consuelo
Bought by
Florian Norma and Florian Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 1995
Sold by
Corsi Angela
Bought by
Cuellar Adhemar and Cuellar Consuelo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Soto-Rosario Baner B -- None Available
Soto-Rosario Baner B -- None Available
Balletto Gary $108,500 --
Balletto Gary $108,500 --
Florian Norma $310,000 --
Florian Norma $310,000 --
Cuellar Adhemar $115,500 --
Cuellar Adhemar $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto-Rosario Baner B $456,577
Closed Soto-Rosario Baner B $456,577
Previous Owner Cuellar Adhemar $1,447,500
Previous Owner Cuellar Adhemar $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $465,000 -7.0% $79 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $499,900 -- $85 / 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 $5,938 $436,300 $103,800 $332,500
2023 $5,243 $277,400 $45,500 $231,900
2022 $5,738 $310,000 $45,500 $264,500
2021 $5,580 $310,000 $45,500 $264,500
2020 $5,805 $279,500 $35,800 $243,700
2019 $5,805 $279,500 $35,800 $243,700
2018 $5,671 $279,500 $35,800 $243,700
2017 $5,760 $251,100 $16,300 $234,800
2016 $5,637 $251,100 $16,300 $234,800
2015 $3,830 $170,600 $16,300 $154,300
2014 $3,314 $145,100 $16,300 $128,800
Source: Public Records

Agents Affiliated with this Home

  • Gary Balletto

    Seller's Agent in 2022

    Gary Balletto

    Balletto Realty

    (401) 641-9994

    1 in this area

    20 Total Sales

    Gary Balletto
    Section Image

  • T

    Buyer's Agent in 2022

    The Realpro Group

    REALPRO by The Water

    (401) 709-4626

    21 in this area

    379 Total Sales

    The Realpro Group
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1294879

State-Wide MLS

APN: CRAN-000007-000001-000424

Rhode Island Providence County Providence 02909 Silver Lake

346 Union Ave, Providence, RI

This home is located at 346 Union Ave, Providence, RI 02909 since 29 September 2021 and is currently estimated at $624,799, approximately $106 per square foot. This property was built in 1921. 346 Union Ave is a home located in Providence County with nearby schools including Hugh B. Bain Middle School, Cranston High School East, and Achievement First Iluminar Mayoral Academy.

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes