NOT LISTED FOR SALE

525 Union Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $394,959 - $597,000

6 Beds
2 Baths
2,964 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $265,000 $89 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,147/month

30 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Forced Air Heating System
  • Thermal Windows
  • Storage Room

About This Home

As of July 2018

Newly, refurbished from top to bottom, both apartments feature 3 bedrooms, hardwood flooring large eat in kitchens new vinyl , new cabinetry, countertops, insulated windows, new spacious ,full baths force hot air furnaces in both units. plenty of off street parking. Bright sunny, full clean basement await your finishing. updated electrical with new circuitry. Bright sunny units with easy access to everything. Nothing to do but pack. this is a great opportunity, Owners unit has a dishwasher , comes with all new appliances (stainless steal)

Last Agent to Sell the Property

Joseph McCarthy

August Associates, LLC License #REC.0018408 Listed on: 05/31/2018

Last Buyer's Agent

Melissa Beliveau

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1920

Lot Details

  • 3,200 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,964 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Security System Leased

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 4 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 430
  • Assessor Parcel Number 525UNIONAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,442

Year Built

Built in 1920

Lot Details

0

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: 2964.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System Leased
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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

  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 525UNIONAVPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3442.0
  • Tax Lot: 430
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 31, 2018
Sold by
Forefront Llc
Bought by
Salmeron Jjuan
Seller's Agent
Joseph McCarthy
August Associates, LLC
Buyer's Agent
Melissa Beliveau
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$509,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,490
Avg. Annual Appreciation
9.53%
Original Mortgage
$260,200
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2017
Sold by
Cit Bank Na
Bought by
Forefront Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Dennis Joseph and Onewest Bank Fsb
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jan 3, 2005
Sold by
Babits Joseph and Babits Maryann S
Bought by
Dennis Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,848
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1999
Sold by
Andujan Dulce M
Bought by
Babits Joseph R and Babits Maryann J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1994
Sold by
Pecchia Ralph P and Pecchia Mary
Bought by
Andujar Dulce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Salmeron Jjuan $265,000 --
Forefront Llc -- --
Onewest Bank Fsb $282,236 --
Dennis Joseph $204,000 --
Babits Joseph R $79,000 --
Andujar Dulce M $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salmeron Juan $263,000
Closed Salmeron Jjuan $260,200
Previous Owner Forefront Llc $100,000
Previous Owner Andujar Dulce M $215,180
Previous Owner Andujar Dulce M $200,848
Previous Owner Andujar Dulce M $63,200
Previous Owner Andujar Dulce M $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $265,000 -1.8% $89 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $269,900 -- $91 / 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 $5,349 $291,500 $85,100 $206,400
2023 $5,349 $291,500 $85,100 $206,400
2022 $5,189 $291,500 $85,100 $206,400
2021 $4,583 $186,600 $48,300 $138,300
2020 $4,583 $186,600 $48,300 $138,300
2019 $4,583 $186,600 $48,300 $138,300
2018 $3,359 $105,100 $41,100 $64,000
2017 $3,359 $105,100 $41,100 $64,000
2016 $3,359 $105,100 $41,100 $64,000
2015 $3,058 $92,400 $41,100 $51,300
2014 $3,119 $92,400 $41,100 $51,300
2013 $3,119 $92,400 $41,100 $51,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph McCarthy

    August Associates, LLC

    (401) 461-0700

    39 Total Sales

    Joseph McCarthy
    Section Image

  • M

    Buyer's Agent in 2018

    Melissa Beliveau

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Map

Source: State-Wide MLS

MLS Number: 1193500

State-Wide MLS

APN: PROV-001090-000430-000000

Rhode Island Providence County Providence 02909 Silver Lake

525 Union Ave, Providence, RI

This home is located at 525 Union Ave, Providence, RI 02909 since 31 May 2018 and is currently estimated at $509,490, approximately $171 per square foot. This property was built in 1920. 525 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.

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