NOT LISTED FOR SALE

495 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $443,290 - $607,000

6 Beds
2 Baths
2,540 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $211,000 $83 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,931/month

28 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Baseboard Heating
  • Attic

About This Home

As of May 2021

Investor take notice, 2 units 3 bedrooms each floor, house needs a lot of work. Cash only.

Last Agent to Sell the Property

Enrique Mendez

BHHS Pinnacle Realty License #RES.0033266 Listed on: 04/15/2021

BHHS Pinnacle Realty

Last Buyer's Agent

Sarah Larosa

Keller Williams Coastal License #RES.0034924

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1920

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Attic

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

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

Listing and Financial Details

  • Tax Lot 438
  • Assessor Parcel Number 495UNIONAVPROV

Community Details

Overview

  • 2 Units
  • Silver Lake Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1920

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: 2540.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

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: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Block

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

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 495UNIONAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3200.0
  • Tax Lot: 438
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Tellez Innovation Llc
Bought by
Tzul Canastuj-Gutierrez E and Tzul Ana H
Current Estimated Value
$513,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,099
Outstanding Balance
$347,379
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$165,944

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 14, 2021
Sold by
Delacruz Juana
Bought by
Tellez Innovation Llc
Seller's Agent
Enrique Mendez
BHHS Pinnacle Realty
Buyer's Agent
Sarah Larosa
Keller Williams Coastal
List Price
$199,900
Sold Price
$211,000
Premium/Discount to List
$11,100
5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%
Original Mortgage
$160,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 29, 2016
Sold by
Vargas Dora
Bought by
Delacruz Juana
Seller's Agent
Enrique Mendez
BHHS Pinnacle Realty
Buyer's Agent
Enrique Mendez
BHHS Pinnacle Realty
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$166,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2014
Sold by
Pina Michelle and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 9, 2001
Sold by
Orabona John
Bought by
Pena Michelle and Pena Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Chase Manhattan Bank
Bought by
Orabona John

Purchase Details

Closed on
Feb 7, 1997
Sold by
Pesapane Robert
Bought by
Fascio Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
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
Tzul Canastuj-Gutierrez E $381,000 None Available
Tellez Innovation Llc $211,000 None Available
Delacruz Juana $175,000 --
Wells Fargo Bank Na $69,000 --
Pena Michelle $95,000 --
Orabona John $52,000 --
Fascio Robert J $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tzul Canastuj-Gutierrez E $374,099
Previous Owner Tellez Innovation Llc $160,000
Previous Owner Delacruz Juana $166,250
Previous Owner Fascio Robert J $110,500
Previous Owner Fascio Robert J $76,000
Previous Owner Fascio Robert J $66,500
Previous Owner Fascio Robert J $68,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $211,000 +5.6% $83 / Sq Ft
04/15/2021 04/15/21 For Sale $199,900 +14.2% $79 / Sq Ft
10/12/2016 10/12/16 Sold $175,000 -12.1% $101 / Sq Ft View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $199,000 +115.7% $115 / Sq Ft
05/25/2016 05/25/16 Sold $92,259 +33.9% $53 / Sq Ft View Prior Sale
04/25/2016 04/25/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $68,900 -- $40 / 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 $3,274 $433,700 $134,600 $299,100
2024 $5,666 $308,800 $85,100 $223,700
2023 $5,666 $308,800 $85,100 $223,700
2022 $5,497 $308,800 $85,100 $223,700
2021 $3,861 $157,200 $48,300 $108,900
2020 $3,861 $157,200 $48,300 $108,900
2019 $3,861 $157,200 $48,300 $108,900
2018 $3,244 $101,500 $41,100 $60,400
2017 $3,244 $101,500 $41,100 $60,400
2016 $3,244 $101,500 $41,100 $60,400
2015 $2,976 $89,900 $41,100 $48,800
2014 $3,034 $89,900 $41,100 $48,800
2013 $3,034 $89,900 $41,100 $48,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Enrique Mendez

    BHHS Pinnacle Realty

    (401) 626-2882

    4 in this area

    20 Total Sales

    Enrique Mendez
    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Larosa

    Keller Williams Coastal

    (401) 845-9200

    3 in this area

    57 Total Sales

    Sarah Larosa
    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    Ojo Home LLC

  • J

    Seller Co-Listing Agent in 2016

    Jennifer Mendez

    BHHS Pinnacle Realty

    (401) 588-4886

    1 in this area

    5 Total Sales

    Jennifer Mendez
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1280173

State-Wide MLS

APN: PROV-001090-000438-000000

Rhode Island Providence County Providence 02909 Silver Lake

495 Union Ave, Providence, RI

Not Listed for Sale

MultiFamily

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