NOT LISTED FOR SALE

45 Terrace Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $532,458 - $610,000

5 Beds
2 Baths
3,891 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2021

Last sale price $310,000 $80 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,308 / mo

45 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Clarence Street Playground
  • Bathtub with Shower

About This Home

As of February 2021

Large 2 family home in the heart of Silver Lake, close to parks, highways and shopping.

Last Agent to Sell the Property

Basty Ortiz

Bani Properties License #REB.0017187 Listed on: 11/18/2020

Last Buyer's Agent

Dany Ortiz

Caliber Home Loans License #RES.0043476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 3,891 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 45TERRACEAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,345

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 3891.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • 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: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 45TERRACEAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3345.08
  • Tax Lot: 18
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Bought by
Current Estimated Value
$557,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$145,982
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$411,133

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 2, 2021
Sold by
Bought by
Seller's Agent
Basty Ortiz
Bani Properties
Buyer's Agent
Dany Ortiz
Caliber Home Loans
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
Original Mortgage
$170,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 25, 2017
Sold by
Bought by
Seller's Agent
Carol Cooney
RE/MAX ONE
Buyer's Agent
Sizer Avila
Bani Properties
List Price
$224,900
Sold Price
$241,000
Premium/Discount to List
$16,100
7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$236,634
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
$310,000 None Available
$310,000 None Available
$310,000 None Available
$241,000 --
$241,000 --
$153,000 --
$153,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Closed $150,000
Previous Owner $170,000
Previous Owner $236,634
Previous Owner $225,000
Previous Owner $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2021 02/02/21 Sold $310,000 -4.6% $80 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $325,000 +34.9% $84 / Sq Ft
10/25/2017 10/25/17 Sold $241,000 +7.2% $79 / Sq Ft View Prior Sale
09/25/2017 09/25/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $224,900 -- $74 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,786 $501,400 $139,400 $362,000
2024 $6,514 $355,000 $88,200 $266,800
2023 $6,514 $355,000 $88,200 $266,800
2022 $6,319 $355,000 $88,200 $266,800
2021 $5,575 $227,000 $52,900 $174,100
2020 $5,575 $227,000 $52,900 $174,100
2019 $5,575 $227,000 $52,900 $174,100
2018 $4,359 $136,400 $45,100 $91,300
2017 $4,359 $136,400 $45,100 $91,300
2016 $4,359 $136,400 $45,100 $91,300
2015 $4,048 $122,300 $45,100 $77,200
2014 $4,128 $122,300 $45,100 $77,200
2013 $4,128 $122,300 $45,100 $77,200
Source: Public Records

Agents Affiliated with this Home

  • Basty Ortiz

    Seller's Agent in 2021

    Basty Ortiz

    Bani Properties

    (401) 663-6314

    2 in this area

    65 Total Sales

    Basty Ortiz
    Section Image

  • D

    Buyer's Agent in 2021

    Dany Ortiz

    Caliber Home Loans

  • Carol Cooney

    Seller's Agent in 2017

    Carol Cooney

    RE/MAX ONE

    (401) 413-5408

    56 Total Sales

    Carol Cooney
    Section Image

  • S

    Buyer's Agent in 2017

    Sizer Avila

    Bani Properties

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1270379

State-Wide MLS

APN: PROV-001040-000018-000000

Rhode Island Providence County Providence 02909 Silver Lake

45 Terrace Ave, Providence, RI

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 © 2026 State-Wide MLS, Inc. All rights reserved.

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