D
Seller's Agent in 2023
David Sepulveda
Real Broker, LLC
(401) 457-8383
1 in this area
41 Total Sales
78 Lowell Ave Providence, RI 02909
Silver Lake NeighborhoodEstimated Value: $384,852 - $541,000
5
Beds
2
Baths
1,634
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Solar Power System
- Wood Flooring
- 2 Car Detached Garage
- Classical High School Rated A
- Recreation Facilities
- 3-minute walk to Paul Grande Jr. Park
About This Home
As of October 2023This is the multi-family property you have been waiting for! Value Add is the theme here. This Legal 2 family located in Providence's Silver Lake area is a must see. It features a 1st floor with 2 to 3 bedrooms, hardwood flooring, full bathroom, galley kitchen and is around 950 sqft with super low utility bills. The 2nd floor is also 2 to 3 beds with large closets, hardwoods and is approx. 850 sqft. The basement is fully finished 700 sqft. newly updated and set up as in-law with 2 offices, full bath, living room and kitchenette. Making the whole house 6 to 8 beds with 3 baths. Laundry on premise, 2 car garage, small yard, parking for 6, walkability is excellent, Gas heating systems are 8 years old, Hot water tanks 3 years old, Vinyl siding, Architectural roof 1 year old, Leased Solar panels for incredibly low utility bills. This is perfect for the investor looking to build instant appreciation and create a nice cash flowing property or the owner occupant looking for a low overhead situation. This property will not go FHA/VA financing and needs some TLC but with a little updating you will have one of the best in the area. Don't miss out on this one. Being sold As-Is with no implied warranties. Seller reserves right to accept an offer at any time.
Last Agent to Sell the Property
Real Broker, LLC License #RES.0045512 Listed on: 08/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,945
Year Built
- Built in 1930
Lot Details
- 4,300 Sq Ft Lot
- Fenced
Parking
- 2 Car Detached Garage
Home Design
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 1,634 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished 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
Additional Features
- Solar Power System
- Outbuilding
- Property near a hospital
Listing and Financial Details
- Tax Lot 598
- Assessor Parcel Number 7880LOWELLAVPROV
Community Details
Overview
- 2 Buildings
- 2 Units
- Silverlake Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
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
Aug 22, 2023
Closed on
Oct 3, 2023
Sold by
Bought by
Seller's Agent
David Sepulveda
Real Broker, LLC
Buyer's Agent
Jason Monterecy
Real Broker, LLC
List Price
$379,000
Sold Price
$416,000
Premium/Discount to List
$37,000
9.76%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,963
Avg. Annual Appreciation
5.78%
Original Mortgage
$378,500
Interest Rate
0.0709%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $416,000 | None Available | ||
| $81,000 | -- |
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 | $378,500 | ||
| Previous Owner | $194,800 | ||
| Previous Owner | $171,000 |
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 |
|---|---|---|---|---|
| 10/03/2023 10/03/23 | Sold | $416,000 | +9.8% | $255 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $379,000 | -- | $232 / 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 | $6,069 | $433,500 | $128,500 | $305,000 |
| 2024 | $5,098 | $277,800 | $72,300 | $205,500 |
| 2023 | $5,098 | $277,800 | $72,300 | $205,500 |
| 2022 | $4,945 | $277,800 | $72,300 | $205,500 |
| 2021 | $4,025 | $163,900 | $46,500 | $117,400 |
| 2020 | $4,025 | $163,900 | $46,500 | $117,400 |
| 2019 | $4,025 | $163,900 | $46,500 | $117,400 |
| 2018 | $4,142 | $129,600 | $45,100 | $84,500 |
| 2017 | $4,142 | $129,600 | $45,100 | $84,500 |
| 2016 | $4,142 | $129,600 | $45,100 | $84,500 |
| 2015 | $3,853 | $116,400 | $47,900 | $68,500 |
| 2014 | $3,929 | $116,400 | $47,900 | $68,500 |
| 2013 | $3,929 | $116,400 | $47,900 | $68,500 |
Source: Public Records
Agents Affiliated with this Home
-
David Sepulveda
-
Jason Monterecy
Buyer's Agent in 2023
Jason Monterecy
Real Broker, LLC
(401) 480-9926
1 in this area
131 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1341115
APN: PROV-001090-000598-000000
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