NOT LISTED FOR SALE

62 Sterling Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $353,879 - $733,000

9 Beds
3 Baths
5,616 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $191,480 $34 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $3,626/month

270 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 5-minute walk to James Ahern Park
  • Forced Air Heating System

About This Home

As of June 2018

3 Family house, 3 bedroom each unit, good income producer

Last Agent to Sell the Property

Gustavo Sanchez

C-21 Butterman & Kryston License #RES.0042320 Listed on: 08/17/2017

Last Buyer's Agent

Anytime Team

Anytime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1895

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,616 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Utilities

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

Community Details

  • 4 Units
  • Operating Expense $38,400

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 62SterlingAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,700

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 5616.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1895
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 38400.0

Tax Info

  • Tax Annual Amount: 4700.0
  • Tax Lot: 75
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Jun 8, 2018
Sold by
Martinez Jose L
Bought by
Rosario Rodolfo
Seller's Agent
Gustavo Sanchez
C-21 Butterman & Kryston
Buyer's Agent
Anytime Team
Anytime Realty
List Price
$244,900
Sold Price
$191,480
Premium/Discount to List
-$53,420
-21.81%
Current Estimated Value
$579,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,490
Avg. Annual Appreciation
16.37%
Original Mortgage
$143,610
Outstanding Balance
$124,199
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$455,771

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 22, 2016
Sold by
Garrahan Florence
Bought by
Martinez Jose L
Seller's Agent
Robert Connelly III
Compass Real Estate
Buyer's Agent
Scott Grandfield
Center Place Realty & Investm.
List Price
$79,900
Sold Price
$65,100
Premium/Discount to List
-$14,800
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.53%
Original Mortgage
$95,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2015
Sold by
Blake Sharon E
Bought by
Garrahan Florence

Purchase Details

Closed on
Mar 7, 2014
Sold by
Garrahan Florence
Bought by
Blake Sharon E
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rosario Rodolfo $191,480 --
Martinez Jose L $65,100 --
Garrahan Florence -- --
Blake Sharon E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Rodolfo $143,610
Previous Owner Martinez Jose L $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2018 06/14/18 Sold $191,480 -21.8% $34 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
08/17/2017 08/17/17 For Sale $244,900 +276.2% $44 / Sq Ft
02/22/2016 02/22/16 Sold $65,100 -18.5% $17 / Sq Ft View Prior Sale
01/23/2016 01/23/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $79,900 -- $21 / 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 $6,615 $360,500 $72,000 $288,500
2023 $6,615 $360,500 $72,000 $288,500
2022 $6,417 $360,500 $72,000 $288,500
2021 $4,804 $195,600 $45,800 $149,800
2020 $4,804 $195,600 $45,800 $149,800
2019 $4,804 $195,600 $45,800 $149,800
2018 $4,957 $155,100 $44,400 $110,700
2017 $4,957 $155,100 $44,400 $110,700
2016 $4,957 $155,100 $44,400 $110,700
2015 $4,389 $132,600 $47,100 $85,500
2014 $4,475 $132,600 $47,100 $85,500
2013 $4,475 $132,600 $47,100 $85,500
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Sanchez

    Seller's Agent in 2018

    Gustavo Sanchez

    C-21 Butterman & Kryston

    (401) 521-9490

    11 in this area

    125 Total Sales

    Gustavo Sanchez
    Section Image

  • A

    Buyer's Agent in 2018

    Anytime Team

    Anytime Realty

    Section Image

  • R

    Seller's Agent in 2016

    Robert Connelly III

    Compass Real Estate

    Section Image
  • Scott Grandfield

    Buyer's Agent in 2016

    Scott Grandfield

    Center Place Realty & Investm.

    (401) 255-7424

    36 Total Sales

    Scott Grandfield
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1170131

State-Wide MLS

APN: PROV-001040-000075-000000

Rhode Island Providence County Providence 02909 Silver Lake

62 Sterling Ave, Providence, RI

This home is located at 62 Sterling Ave, Providence, RI 02909 since 17 August 2017 and is currently estimated at $579,970, approximately $103 per square foot. This property was built in 1895. 62 Sterling 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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