NOT LISTED FOR SALE

409 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $390,018 - $569,000

4 Beds
2 Baths
1,860 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 13, 2015

Last sale price $70,000 $38 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $2,739/month

28 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Shops
  • Space Heater

About This Home

As of January 2015

HIGHEST AND BEST DUE BY WED. 11/19 BY 5PM. SILVER LAKE 2-FAMILY! FEATURES INCLUDE; 2 BEDS PER UNIT, GAS CONNECTED, DOUBLE LOT, 2 CAR GARAGE, VINYL SIDING AND CONVENIENT LOCATION. COULD BE A GREAT RENTAL PROPERTY! CASH OR 203K DUE TO REPAIRS NEEDED.

Last Agent to Sell the Property

Leann D'Ettore

Homistic Real Estate, Inc. License #REB.0018324 Listed on: 11/14/2014

Last Buyer's Agent

Stephen Gachowski

Homistic Real Estate, Inc. License #REB.0018083

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 735 & 736
  • Assessor Parcel Number 409UNIONAVPROV

Community Details

Overview

  • 2 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 1860.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1860.0
  • Stories: 2

Exterior Features

  • Lot Features: Multiple lots
  • Construction Type: Plaster, Shingle 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: 4.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3049.0
  • Parcel #: 409UNIONAVPROV
  • Zoning: R3

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3466.0
  • Tax Block: 0000
  • Tax Lot: 735 & 736
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 8, 2014
Sold by
Hicks Clara and Bank New York Mellon T
Bought by
Bank New York Mellon T
Seller's Agent
Leann D'Ettore
Homistic Real Estate, Inc.
Buyer's Agent
Stephen Gachowski
Homistic Real Estate, Inc.
List Price
$53,000
Sold Price
$70,000
Premium/Discount to List
$17,000
32.08%
Current Estimated Value
$478,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,005
Avg. Annual Appreciation
18.99%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Dibiase Joseph A and Dibiase Tina
Bought by
Hyder Michael W
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
Bank New York Mellon T $92,701 --
Hyder Michael W $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyder Michael W $73,750
Previous Owner Hyder Michael W $206,250
Previous Owner Hyder Michael W $138,000
Previous Owner Hyder Michael W $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2015 01/13/15 Sold $70,000 +32.1% $38 / Sq Ft
12/14/2014 12/14/14 Pending -- -- --
11/15/2014 11/15/14 For Sale $53,000 -- $28 / 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 $3,085 $408,600 $134,600 $274,000
2024 $5,132 $279,700 $85,100 $194,600
2023 $5,132 $279,700 $85,100 $194,600
2022 $4,979 $279,700 $85,100 $194,600
2021 $3,991 $162,500 $48,300 $114,200
2020 $3,991 $162,500 $48,300 $114,200
2019 $3,991 $162,500 $48,300 $114,200
2018 $3,698 $115,700 $41,100 $74,600
2017 $3,698 $115,700 $41,100 $74,600
2016 $3,698 $115,700 $41,100 $74,600
2015 $3,399 $102,700 $41,100 $61,600
2014 $3,466 $102,700 $41,100 $61,600
2013 $3,466 $102,700 $41,100 $61,600
Source: Public Records

Agents Affiliated with this Home

  • Leann D'Ettore

    Seller's Agent in 2015

    Leann D'Ettore

    Homistic Real Estate, Inc.

    (888) 810-7355

    2 in this area

    108 Total Sales

    Leann D'Ettore
    Section Image

  • S

    Buyer's Agent in 2015

    Stephen Gachowski

    Homistic Real Estate, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1083579

State-Wide MLS

APN: PROV-001040-000736-000000

Rhode Island Providence County Providence 02909 Silver Lake

409 Union Ave, Providence, RI

Not Listed for Sale

MultiFamily

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