NOT LISTED FOR SALE

61 Bancroft St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $475,913 - $711,000

8 Beds
3 Baths
3,185 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2023

Last sale price $262,000 $82 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,508 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Restaurant
  • Recreation Facilities
  • Public Transportation
  • Baseboard Heating

About This Home

As of September 2023

SHORT SALE. No trespassing , please do not show up at the property. All communication with Listing agent. Investors take notice. This multi-family home is located at 61-63 Bancroft St, Providence, RI. located in Silver lake neighborhood of Providence. Sold AS IS. This property has 8 bedrooms, 3 bathrooms and approximately 3,241 sqft of floor space. Unit 1 and 2 have 3 bedrooms each. Unit 3 has 2 bedrooms. Potential 4 unit in the basement level. This property has a lot size of 4791 sqft and was built in 1920.

Last Agent to Sell the Property

Carmen Bonilla

eXp Realty License #RES.0047163 Listed on: 04/13/2023

eXp Realty

Last Buyer's Agent

Marisela Vasquez

My Dream Home Realty License #REB.0018925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,185 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

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 338
  • Assessor Parcel Number 61-63BANCROFTSTPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,714

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 3185.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: See Remarks

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 61-63BANCROFTSTPROV
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3714.0
  • Tax Lot: 338
  • Tax Year: 2022

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
Jan 22, 2024
Sold by
Bought by
Current Estimated Value
$585,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$373,450
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,778

Purchase Details

Listed on
Apr 13, 2023
Closed on
Sep 6, 2023
Sold by
Bought by
Seller's Agent
Carmen Bonilla
eXp Realty
Buyer's Agent
Marisela Vasquez
My Dream Home Realty
List Price
$250,000
Sold Price
$262,000
Premium/Discount to List
$12,000
4.8%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.38%

Purchase Details

Closed on
Dec 22, 2004
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
$201,450
Interest Rate
5.74%
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

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
$400,000 None Available
$262,000 None Available
$288,000 --
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 $380,000
Previous Owner $272,000
Previous Owner $34,000
Previous Owner $60,000
Previous Owner $201,450
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
09/08/2023 09/08/23 Sold $262,000 +4.8% $82 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $250,000 -- $78 / 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 $4,233 $560,700 $129,600 $431,100
2024 $6,962 $379,400 $72,900 $306,500
2023 $6,962 $379,400 $72,900 $306,500
2022 $6,753 $379,400 $72,900 $306,500
2021 $6,344 $258,300 $48,300 $210,000
2020 $6,344 $258,300 $48,300 $210,000
2019 $6,344 $258,300 $48,300 $210,000
2018 $5,286 $165,400 $46,800 $118,600
2017 $5,286 $165,400 $46,800 $118,600
2016 $5,286 $165,400 $46,800 $118,600
2015 $4,310 $130,200 $49,700 $80,500
2014 $4,394 $130,200 $49,700 $80,500
2013 $4,266 $126,400 $49,700 $76,700
Source: Public Records

Agents Affiliated with this Home

  • Carmen Bonilla

    Seller's Agent in 2023

    Carmen Bonilla

    eXp Realty

    (401) 868-0298

    1 in this area

    9 Total Sales

    Carmen Bonilla
    Section Image
  • Marisela Vasquez

    Buyer's Agent in 2023

    Marisela Vasquez

    My Dream Home Realty

    (401) 499-6945

    19 in this area

    198 Total Sales

    Marisela Vasquez
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333415

State-Wide MLS

APN: PROV-001080-000395-000000

Rhode Island Providence County Providence 02909 Silver Lake

61 Bancroft St, Providence, RI

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