NOT LISTED FOR SALE

38 Silver Spring Ave Riverside, RI 02915

Outer East Bay Neighborhood

Estimated Value: $393,000 - $459,872

5 Beds
2 Baths
2,828 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $252,000 $89 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,775/month

29 Days on Market

Highlights

  • Deck
  • Porch
  • Baseboard Heating
  • Wood Flooring

About This Home

As of March 2021

Excellent opportunity in Riverside! This well kept property is just steps to local parks, golf courses and the East Bay bike trail. The property is being sold as is with the occupants in place access is not available and occupants are not to be disturbed.

Last Agent to Sell the Property

Joy Riley

Westcott Properties License #REB.0012495 Listed on: 01/14/2021

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,363

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 2,828 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 07 / 5
  • Assessor Parcel Number 38SILVERSPRINGAVEPRO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,363

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 2828.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 38SILVERSPRINGAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4363.0
  • Tax Block: 5
  • Tax Lot: 07
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 26, 2021
Sold by
Goncalo Joseph A
Bought by
Goncalo Joseph A and Goncalo Bela C
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$436,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,218
Avg. Annual Appreciation
12.06%

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 24, 2021
Sold by
Us Bank Na Tr
Bought by
Goncalo Joseph A
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%

Purchase Details

Closed on
Jun 25, 2020
Sold by
Marcel Marc and Us Bank Na Tr
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Feb 13, 2004
Sold by
Sunshine Dev Inc
Bought by
Marcel Marc

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
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Butterworth Alice
Bought by
Sunshine Dev Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goncalo Joseph A -- None Available
Goncalo Joseph A $252,000 None Available
Us Bank Na Tr $330,337 None Available
Marcel Marc $260,000 --
Sunshine Dev Inc $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunshine Dev Inc $274,500
Previous Owner Sunshine Dev Inc $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $252,000 +0.8% $89 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $249,900 -- $88 / 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
2025 $5,951 $455,300 $118,900 $336,400
2024 $5,022 $327,600 $99,100 $228,500
2023 $4,835 $327,600 $99,100 $228,500
2022 $4,632 $211,900 $57,000 $154,900
2021 $4,556 $211,900 $57,000 $154,900
2020 $4,363 $211,900 $57,000 $154,900
2019 $4,242 $211,900 $57,000 $154,900
2018 $3,931 $171,800 $49,800 $122,000
2017 $3,843 $171,800 $49,800 $122,000
2016 $3,824 $171,800 $49,800 $122,000
2015 $3,846 $167,600 $51,300 $116,300
2014 $3,846 $167,600 $51,300 $116,300
Source: Public Records

Agents Affiliated with this Home

  • Joy Riley

    Seller's Agent in 2021

    Joy Riley

    Westcott Properties

    (401) 952-7887

    3 in this area

    292 Total Sales

    Joy Riley
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1273434

State-Wide MLS

APN: EPRO-000309-000005-000007

Rhode Island Providence County Riverside 02915 Outer East Bay

38 Silver Spring Ave, Riverside, RI

Not Listed for Sale

MultiFamily

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