NOT LISTED FOR SALE

62 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $700,889

6 Beds
3 Baths
4,922 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2022

Last sale price $492,000 $100 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,081 / mo

5 Days on Market

Highlights

  • Marina
  • Deck
  • Recreation Facilities
  • Classical High School Rated A
  • Wood Flooring
  • 4-minute walk to James Ahern Park

About This Home

As of August 2022

Well maintained 3 family home located in Silver Lake. This 3 Family home features 2 bedrooms on 1st & 2nd floor unit double parlor and eat-in-kitchen with pantries. The 3rd unit features 1 bedroom. This property features 2 car garage.

Last Agent to Sell the Property

Braulio Diaz

The Network License #REB.0018508 Listed on: 06/16/2022

Last Buyer's Agent

Fernanda Diaz

The Network License #RES.0046217

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

  • $2,844

Year Built

  • Built in 1918

Lot Details

  • 3,920

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,922 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 335
  • Assessor Parcel Number 62PROGRESSAVPROV

Community Details

Overview

  • 3 Units
  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,844

Year Built

Built in 1918

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 4922.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1918
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 62PROGRESSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2844.0
  • Tax Lot: 335
  • 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

Listed on
Jun 16, 2022
Closed on
Aug 11, 2022
Sold by
Valentine Shilkys M
Bought by
Seller's Agent
Braulio Diaz
The Network
Buyer's Agent
Fernanda Diaz
The Network
List Price
$479,900
Sold Price
$492,000
Premium/Discount to List
$12,100
2.52%
Current Estimated Value
$700,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,889
Avg. Annual Appreciation
9.01%
Original Mortgage
$483,088
Outstanding Balance
$453,563
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$247,326

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 24, 2021
Sold by
Medbury Gail E
Bought by
Valentine Shilkys M
Seller's Agent
Christopher Sutherland
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Braulio Diaz
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.24%
Original Mortgage
$277,500
Interest Rate
2.8%
Mortgage Type
Commercial
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

  • Yolanda Nazario Real Estate Agent - REMAX Revolution

    Yolanda Nazario

    REMAX Revolution

    (401) 208-2791

    93 Total Sales

    8 in Silver Lake

    $203K - $585K Price Range

    Yolanda Nazario
     Section Image
  • Bill Thompson Real Estate Agent - Keller Williams Realty

    Bill Thompson

    Keller Williams Realty

    (508) 501-9429

    203 Total Sales

    1 in Silver Lake

    $598,000 Price

    Bill Thompson
     Section Image
  • Jeffrey Infante Real Estate Agent - Real Broker, LLC

    Jeffrey Infante

    Real Broker, LLC

    (401) 992-5012

    93 Total Sales

    9 in Silver Lake

    $203K - $660K Price Range

    Jeffrey Infante
     Section Image
  • The Realpro Group Real Estate Agent - REALPRO by The Water

    The Realpro Group

    REALPRO by The Water

    (401) 240-4724

    332 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

    35 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

    157 Total Sales

    1 in Silver Lake

    $440,000 Price

    Yvonne Sousa
     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
$492,000 None Available
Valentine Shilkys M $370,000 None Available
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 $18,625
Closed Sanchez Rocio $17,570
Open Sanchez Alan A $483,088
Previous Owner Valentine Shilkys M $277,500
Previous Owner Medbury Gail E $80,000
Previous Owner Medbury Gail E $100,000
Previous Owner Medbury Gail E $25,000
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
08/12/2022 08/12/22 Sold $492,000 +2.5% $100 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $479,900 +29.7% $98 / Sq Ft
09/24/2021 09/24/21 Sold $370,000 0.0% $65 / Sq Ft View Prior Sale
08/25/2021 08/25/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $370,000 -- $65 / 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 $4,341 $575,000 $128,000 $447,000
2024 $6,747 $367,700 $72,000 $295,700
2023 $6,747 $367,700 $72,000 $295,700
2022 $6,545 $367,700 $72,000 $295,700
2021 $5,592 $227,700 $45,800 $181,900
2020 $5,592 $227,700 $45,800 $181,900
2019 $5,592 $227,700 $45,800 $181,900
2018 $4,842 $151,500 $44,400 $107,100
2017 $4,842 $151,500 $44,400 $107,100
2016 $4,842 $151,500 $44,400 $107,100
2015 $4,349 $131,400 $47,100 $84,300
2014 $4,435 $131,400 $47,100 $84,300
2013 $4,435 $131,400 $47,100 $84,300
Source: Public Records

Agents Affiliated with this Home

  • BD

    Seller's Agent in 2022

    Braulio Diaz

    The Network

    (401) 636-1985

    15 in this area

    173 Total Sales

    Braulio Diaz
    Section Image

  • FD

    Buyer's Agent in 2022

    Fernanda Diaz

    The Network

    (401) 489-1364

    9 in this area

    75 Total Sales

    Fernanda Diaz
    Section Image

  • CS

    Seller's Agent in 2021

    Christopher Sutherland

    Weichert REALTORS-Atlantic Prp

    (718) 753-8771

    1 in this area

    20 Total Sales

    Christopher Sutherland
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1313209

State-Wide MLS

APN: PROV-001040-000335-000000

Rhode Island Providence County Providence 02909 Silver Lake

62 Progress Ave, Providence, RI

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