NOT LISTED FOR SALE

70 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $531,062 - $670,000

6 Beds
3 Baths
4,703 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $370,000 $79 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,792/month

55 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to James Ahern Park
  • 8 Car Detached Garage

About This Home

As of April 2021

Great 3 family home in Silver Lake neighborhood. Each unit has a spacious 2 bedroom and a double living-room. Hardwood floors through out all the units. Newer roof. Great owner occupant or investment.

Last Agent to Sell the Property

Samuel Alba

Innovations Realty Listed on: 01/25/2021

Last Buyer's Agent

The Realpro Group

REALPRO by The Water

REALPRO by The Water

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 1912

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 8 Car Detached Garage

Home Design

  • 4,703 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 333
  • Assessor Parcel Number 70PROGRESSAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,459

Year Built

Built in 1912

Lot Details

0

Parking

8

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 4703.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1912
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 14.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, 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

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 70PROGRESSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5459.0
  • Tax Lot: 333
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Sepulveda Rafael F
Bought by
Sepulveda Rafael F and Romero Sonia E
Current Estimated Value
$600,766

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 16, 2021
Sold by
Smart Homes Llc
Bought by
Sepulveda Rafael F
Seller's Agent
Samuel Alba
Innovations Realty
Buyer's Agent
The Realpro Group
REALPRO by The Water
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$363,298
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2017
Sold by
Nunez Abraham and Nunez Carlos
Bought by
Smart Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2014
Sold by
Nunez Abraham
Bought by
Nunez Abraham and Nunez Carlos

Purchase Details

Closed on
Oct 15, 2010
Sold by
Department Of Housing & Urban Dev
Bought by
Nunez Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2009
Sold by
Wells Fargo Bk
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jul 15, 2008
Sold by
Amparo Juana and Amparo Micaias
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 1, 2005
Sold by
Mcnulty Michael and Mcnulty Jena E
Bought by
Amparo Micaias and Amparo Juana
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

Date Buyer Sale Price Title Company
Sepulveda Rafael F -- None Available
Sepulveda Rafael F $370,000 None Available
Smart Homes Llc -- --
Nunez Abraham -- --
Nunez Abraham $82,460 --
Department Of Housing & Urban Dev -- --
Wells Fargo Bank Na $334,322 --
Amparo Micaias $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sepulveda Rafael F $363,298
Previous Owner Smart Homes Llc $147,000
Previous Owner Amparo Micaias $77,500
Previous Owner Amparo Micaias $135,000
Previous Owner Amparo Micaias $72,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $370,000 +5.7% $79 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $349,900 -- $74 / 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
2025 $7,700 $550,000 $128,000 $422,000
2024 $6,485 $353,400 $72,000 $281,400
2023 $6,485 $353,400 $72,000 $281,400
2022 $6,291 $353,400 $72,000 $281,400
2021 $5,460 $222,300 $45,800 $176,500
2020 $5,460 $222,300 $45,800 $176,500
2019 $5,460 $222,300 $45,800 $176,500
2018 $4,705 $147,200 $44,400 $102,800
2017 $4,705 $147,200 $44,400 $102,800
2016 $4,705 $147,200 $44,400 $102,800
2015 $4,220 $127,500 $47,100 $80,400
2014 $4,303 $127,500 $47,100 $80,400
2013 $4,303 $127,500 $47,100 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Samuel Alba

    Seller's Agent in 2021

    Samuel Alba

    Innovations Realty

    (401) 640-0036

    15 in this area

    593 Total Sales

    Samuel Alba
    Section Image

  • T

    Buyer's Agent in 2021

    The Realpro Group

    REALPRO by The Water

    (401) 709-4626

    21 in this area

    363 Total Sales

    The Realpro Group
    Section Image
  • Eduardo Marines

    Buyer Co-Listing Agent in 2021

    Eduardo Marines

    (401) 432-4223

    3 in this area

    59 Total Sales

    Eduardo Marines
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1273985

State-Wide MLS

APN: PROV-001040-000333-000000

Rhode Island Providence County Providence 02909 Silver Lake

70 Progress Ave, Providence, RI

Not Listed for Sale

MultiFamily

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