NOT LISTED FOR SALE

56 Wealth Ave Providence, RI 02908

Valley Neighborhood

Estimated Value: $548,169 - $646,000

7 Beds
3 Baths
5,957 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2020

Last sale price $316,000 $53 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,497 / mo

63 Days on Market

Highlights

  • Plywood Flooring
  • 1 Car Detached Garage
  • Baseboard Heating
  • Attic
  • Cooling Available

About This Home

As of December 2020

GREAT PROPERTY FOR OWNER OCCUPANTS OR INVESTMENT CAN BE GREAT INCOME ,MOVE IN CONDITION NEW BOILER ,HARDWOOD FLOORS ,ONE CAR GARAGE ,CLOSE TO EVERYTHING ,MT PLEASANT AREA GREAT RENTALS

Last Agent to Sell the Property

Beatriz Giron-moreau

Coldwell Banker Realty License #RES.0030158 Listed on: 09/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1926

Lot Details

  • 3,960 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,957 Sq Ft Home
  • Permanent Attic Stairs

Flooring

  • Plywood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Community Details

  • 3 Units
  • Operating Expense $5,800

Listing and Financial Details

  • Tax Lot 729
  • Assessor Parcel Number 56WEALTHAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,256

Year Built

Built in 1926

Lot Details

3,960 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0909
  • Co List Office Mls Id: BREG
  • Co List Office Phone: 401-354-7969
  • Above Grade Finished Sq Ft: 5957.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1926
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Plywood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil, Radiant
  • 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: 3960.0
  • Parcel #: 56WEALTHAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5800.0

Tax Info

  • Tax Annual Amount: 5256.0
  • Tax Lot: 729
  • Tax Year: 2019

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

Listed on
Sep 14, 2020
Closed on
Dec 16, 2020
Sold by
Bought by
Seller's Agent
Beatriz Giron-moreau
Coldwell Banker Realty
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$299,900
Sold Price
$316,000
Premium/Discount to List
$16,100
5.37%
Current Estimated Value
$590,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,292
Avg. Annual Appreciation
12.01%
Original Mortgage
$303,215
Outstanding Balance
$267,454
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$322,838

Purchase Details

Closed on
Aug 22, 1991
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$316,000 None Available
$128,500 --
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 $303,215
Previous Owner $122,000
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
12/17/2020 12/17/20 Sold $316,000 +5.4% $53 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $299,900 -- $50 / 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 $3,693 $489,100 $111,900 $377,200
2024 $6,101 $332,500 $68,000 $264,500
2023 $6,101 $332,500 $68,000 $264,500
2022 $5,919 $332,500 $68,000 $264,500
2021 $5,256 $214,000 $45,700 $168,300
2020 $5,256 $214,000 $45,700 $168,300
2019 $5,256 $214,000 $45,700 $168,300
2018 $4,609 $144,200 $36,000 $108,200
2017 $4,609 $144,200 $36,000 $108,200
2016 $4,609 $144,200 $36,000 $108,200
2015 $4,674 $141,200 $44,300 $96,900
2014 $4,766 $141,200 $44,300 $96,900
2013 $4,766 $141,200 $44,300 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Beatriz Giron-moreau

    Seller's Agent in 2020

    Beatriz Giron-moreau

    Coldwell Banker Realty

    (401) 263-2840

    5 in this area

    138 Total Sales

    Beatriz Giron-moreau
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1264605

State-Wide MLS

APN: PROV-650729-000000-000000

Rhode Island Providence County Providence 02908 Valley

56 Wealth 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.