NOT LISTED FOR SALE

38 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $525,000 - $645,000

9 Beds
3 Baths
3,402 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $185,000 $54 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,741/month

68 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Hot Water Heating System
  • 3 Car Detached Garage
  • Storage Room
  • 2-minute walk to James Ahern Park

About This Home

As of April 2015

SOLD BEFORE PRINT...

Last Agent to Sell the Property

Melissa Baker

eXp Realty License #REB.0015268 Listed on: 01/12/2015

eXp Realty

Last Buyer's Agent

Yaniur Perez

Broadway Real Estate Group License #RES.0033128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1922

Lot Details

  • 3,200 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Shingle Siding

Interior Spaces

  • 3,402 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 3 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 635
  • Assessor Parcel Number 3840WALLACESTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,912

Year Built

Built in 1922

Lot Details

3,200 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 3402.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 3402.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3200.0
  • Parcel #: 3840WALLACESTPROV
  • Zoning: R3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3912.0
  • Tax Lot: 635
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 22, 2015
Sold by
Diamond Investments Ll
Bought by
Rodriguez Joaquin A
Seller's Agent
Melissa Baker
eXp Realty
Buyer's Agent
Yaniur Perez
Broadway Real Estate Group
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$596,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,747
Avg. Annual Appreciation
11.38%
Original Mortgage
$181,649
Outstanding Balance
$138,833
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$457,914

Purchase Details

Listed on
Feb 28, 2014
Closed on
Oct 27, 2014
Sold by
Us Bank Na Tr
Bought by
Diamond Investments Llc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$130,000
Sold Price
$110,250
Premium/Discount to List
-$19,750
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.98%
Original Mortgage
$123,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2014
Closed on
Sep 3, 2014
Sold by
Diaz Jacinto and Us Bank Na
Bought by
Us Bank Na Tr
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$130,000
Sold Price
$110,250
Premium/Discount to List
-$19,750
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2010
Sold by
Diaz Jacinto and Mena Esther J
Bought by
Diaz Jacinto

Purchase Details

Closed on
Jul 23, 2003
Sold by
Jorge Angel A and Garcia Ana
Bought by
Rosado Jose

Purchase Details

Closed on
Jan 3, 1992
Sold by
Fossa Jean
Bought by
Jorge Angel A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Joaquin A $185,000 --
Diamond Investments Llc $110,250 --
Us Bank Na Tr $408,339 --
Us Bank Na Tr $408,339 --
Diaz Jacinto -- --
Rosado Jose $265,000 --
Jorge Angel A $138,000 --
Jorge Angel A $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorge Angel A $181,649
Previous Owner Jorge Angel A $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2015 04/22/15 Sold $185,000 -7.5% $54 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $199,900 +81.3% $59 / Sq Ft
10/30/2014 10/30/14 Sold $110,250 -15.2% $32 / Sq Ft View Prior Sale
09/30/2014 09/30/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $130,000 -- $38 / Sq Ft
Source: State-Wide MLS

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 $8,040 $574,300 $126,700 $447,600
2024 $6,938 $378,100 $71,300 $306,800
2023 $6,938 $378,100 $71,300 $306,800
2022 $6,730 $378,100 $71,300 $306,800
2021 $6,282 $255,800 $45,200 $210,600
2020 $6,282 $255,800 $45,200 $210,600
2019 $6,282 $255,800 $45,200 $210,600
2018 $5,408 $169,200 $43,900 $125,300
2017 $5,408 $169,200 $43,900 $125,300
2016 $5,408 $169,200 $43,900 $125,300
2015 $3,836 $115,900 $46,600 $69,300
2014 $3,912 $115,900 $46,600 $69,300
2013 $3,912 $115,900 $46,600 $69,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melissa Baker

    eXp Realty

    Section Image

  • Y

    Buyer's Agent in 2015

    Yaniur Perez

    Broadway Real Estate Group

  • Joy Riley

    Seller's Agent in 2014

    Joy Riley

    Westcott Properties

    (401) 952-7887

    5 in this area

    278 Total Sales

    Joy Riley
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1086347

State-Wide MLS

APN: PROV-001040-000635-000000

Rhode Island Providence County Providence 02909 Silver Lake

38 Wallace St, Providence, RI

Not Listed for Sale

MultiFamily

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