NOT LISTED FOR SALE

494 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $422,270 - $662,000

6 Beds
3 Baths
2,600 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $351,000 $135 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,273/month

59 Days on Market

Highlights

  • Marina
  • Public Transportation
  • Forced Air Heating System
  • Wood Flooring
  • Property near a hospital

About This Home

As of February 2022

ABSOLUTE MUST SEE, NOT A DRIVE BYE...THIS TURN KEY TWO FAMILY WITH BONUS LIVING SPACE, EXTREMELY WELL MAINTAINED, LOCATED IN THE HEART OF SILVER LAKE, CLOSE TO ALL CONVENIENCES.

Last Agent to Sell the Property

Jamison Monello

BHHS Pinnacle Realty License #REB.0017233 Listed on: 11/11/2021

BHHS Pinnacle Realty

Last Buyer's Agent

William Darling

BHHS Commonwealth Real Estate License #RES.0043042

BHHS Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,024

Year Built

  • Built in 1930

Lot Details

  • 3,200

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 3,200 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 494UNIONAVPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Recreation

  • Marina

Additional Features

  • Public Transportation
  • Operating Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,024

Year Built

Built in 1930

Lot Details

0

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: 2600.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Stories: 3
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 494UNIONAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3200.0

Tax Info

  • Tax Annual Amount: 4024.0
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 9, 2022
Sold by
Eiserlo Douglas and Mcnamara Barbara
Bought by
Simoes-Lourenco Diogo F and Mcpherson Sara N
Seller's Agent
Jamison Monello
BHHS Pinnacle Realty
Buyer's Agent
William Darling
BHHS Commonwealth Real Estate
List Price
$319,900
Sold Price
$351,000
Premium/Discount to List
$31,100
9.72%
Current Estimated Value
$526,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,068
Avg. Annual Appreciation
11.72%
Original Mortgage
$333,450
Outstanding Balance
$309,671
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$216,397

Purchase Details

Closed on
Jan 22, 2016
Sold by
Mcnamara Barbara
Bought by
Mcnamara Barbara and Eiserlo Douglas

Purchase Details

Closed on
Nov 24, 2008
Sold by
Us Bank Na
Bought by
Mcnamara Barbara

Purchase Details

Closed on
Aug 29, 2008
Sold by
Lutriano David R
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 6, 2007
Sold by
Lutrario David R
Bought by
Lutrario David R

Purchase Details

Closed on
Feb 9, 2007
Sold by
Lutrario David
Bought by
Saint Joseph Heal Svcs
Source: Public Records

Range of Values:

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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
Simoes-Lourenco Diogo F $351,000 None Available
Simoes-Lourenco Diogo F $351,000 None Available
Mcnamara Barbara -- --
Mcnamara Barbara -- --
Mcnamara Barbara $60,000 --
Mcnamara Barbara $60,000 --
Us Bank Na $125,000 --
Us Bank Na $125,000 --
Lutrario David R $2,475 --
Lutrario David R $2,475 --
Saint Joseph Heal Svcs $9,293 --
Saint Joseph Heal Svcs $9,293 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simoes-Lourenco Diogo F $333,450
Closed Simoes-Lourenco Diogo F $333,450
Previous Owner Saint Joseph Heal Svcs $33,000
Previous Owner Saint Joseph Heal Svcs $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $351,000 +9.7% $135 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $319,900 -- $123 / 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 $5,804 $316,300 $84,300 $232,000
2023 $5,804 $316,300 $84,300 $232,000
2022 $4,993 $280,500 $84,300 $196,200
2021 $4,016 $163,500 $47,800 $115,700
2020 $4,016 $163,500 $47,800 $115,700
2019 $4,016 $163,500 $47,800 $115,700
2018 $3,867 $121,000 $40,700 $80,300
2017 $3,867 $121,000 $40,700 $80,300
2016 $3,867 $121,000 $40,700 $80,300
2015 $3,482 $105,200 $40,700 $64,500
2014 $3,551 $105,200 $40,700 $64,500
2013 $3,551 $105,200 $40,700 $64,500
Source: Public Records

Agents Affiliated with this Home

  • Jamison Monello

    Seller's Agent in 2022

    Jamison Monello

    BHHS Pinnacle Realty

    (401) 255-1480

    3 in this area

    59 Total Sales

    Jamison Monello
    Section Image
  • William Darling

    Buyer's Agent in 2022

    William Darling

    BHHS Commonwealth Real Estate

    (401) 340-9451

    2 in this area

    46 Total Sales

    William Darling
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1298346

State-Wide MLS

APN: PROV-001090-000453-000000

Rhode Island Providence County Providence 02909 Silver Lake

494 Union Ave, Providence, RI

This home is located at 494 Union Ave, Providence, RI 02909 since 11 November 2021 and is currently estimated at $526,068, approximately $202 per square foot. This property was built in 1930. 494 Union Ave is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

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.

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