NOT LISTED FOR SALE

495 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $438,104 - $534,000

6 Beds
2 Baths
2,540 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2021

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

Est. 130% increase in value since last sale

Current estimated payment $2,942 / mo

28 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Baseboard Heating
  • Classical High School Rated A
  • Public Transportation

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

Century 21 Signature Prop. License #RES.0034924

Century 21 Signature Prop.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

3,200 Sq Ft Lot

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

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
Feb 18, 2022
Sold by
Bought by
Current Estimated Value
$485,526

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
$341,344
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$144,182

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 14, 2021
Sold by
Bought by
Seller's Agent
Enrique Mendez
BHHS Pinnacle Realty
Buyer's Agent
Sarah Larosa
Century 21 Signature Prop.
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
17.31%
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
Bought by
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
Bought by

Purchase Details

Closed on
Jan 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Lake, RI

  • The Realpro Group Real Estate Agent - REALPRO by The Water

    The Realpro Group

    REALPRO by The Water

    (401) 240-4724

    339 Total Sales

    19 in Silver Lake

    $225K - $690K Price Range

    The Realpro Group
     Section Image
  • Heber Anibal Recinos Real Estate Agent - Hemekedeal Realty, LLC

    Heber Anibal Recinos

    Hemekedeal Realty, LLC

    (401) 593-6248

    37 Total Sales

    8 in Silver Lake

    $78K - $550K Price Range

    Heber Anibal Recinos
     Section Image
  • Yvonne Sousa Real Estate Agent - LoKation Real Estate

    Yvonne Sousa

    LoKation Real Estate

    (401) 645-4299

    160 Total Sales

    1 in Silver Lake

    $440,000 Price

    Yvonne Sousa
     Section Image
  • Elyse Gesmondi Real Estate Agent - REMAX Revolution

    Elyse Gesmondi

    REMAX Revolution

    (401) 227-3653

    59 Total Sales

    1 in Silver Lake

    $340,000 Price

    Elyse Gesmondi
     Section Image
  • Elvis Santana Real Estate Agent - Circle 100 Real Estate

    Elvis Santana

    Circle 100 Real Estate

    (774) 806-8764

    94 Total Sales

    3 in Silver Lake

    $450K - $475K Price Range

    Elvis Santana
     Section Image
  • James Duffer Real Estate Agent - RISE REC

    James Duffer

    RISE REC

    (401) 681-8732

    168 Total Sales

    1 in Silver Lake

    $437,000 Price

    James Duffer
     Section Image
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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
$381,000 None Available
$211,000 None Available
$175,000 --
$69,000 --
$95,000 --
$52,000 --
$105,000 --
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 $374,099
Previous Owner $160,000
Closed $166,250
Previous Owner $60,000
Previous Owner $110,500
Previous Owner $66,500
Previous Owner $75,000
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
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

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 $3,274 $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

    2 in this area

    15 Total Sales

    Enrique Mendez
    Section Image

  • S

    Buyer's Agent in 2021

    Sarah Larosa

    Century 21 Signature Prop.

    (401) 845-9200

    1 in this area

    48 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

    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

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.
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