NOT LISTED FOR SALE

79 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $417,322 - $588,000

5 Beds
2 Baths
1,638 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $461,000 $281 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,061/month

8 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Shops
  • Recreation Facilities
  • Public Transportation
  • 4-minute walk to James Ahern Park

About This Home

As of September 2023

Beautiful and remodeled 2 family home in Silverlake with 2 bedrooms on the 1st floor and 3 on the 2nd, brand new kitchens with quartz countertops and new appliances, brand new bathrooms, hardwood floors throughout and ready to move in. Newer roof (by previous owner-2 y/o) updated plumbing and electrical and a spacious clean basement. Conveniently located near highway access, schools, shopping etc. HIGHEST & BEST DUE MONDAY AT 5PM, SELLER WILL MAKE DECISION ON TUESDAY 05/30!

Last Agent to Sell the Property

Nelson Esteves

RE/MAX Professionals License #RES.0029681 Listed on: 05/24/2023

RE/MAX Professionals

Last Buyer's Agent

Juan Tejada

Innovations Realty License #RES.0043560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1930

Lot Details

  • 4,000 Sq Ft Lot

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number 79PROGRESSAVPROV

Community Details

Overview

  • 2 Units
  • Silverlake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Subdivision Name: SILVERLAKE
  • Above Grade Finished Sq Ft: 1638.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 79PROGRESSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4877.0
  • Tax Lot: 260
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Sep 29, 2023
Sold by
Abreu Julian H
Bought by
Valera Juan C and Vasquez Llraio H
Seller's Agent
Nelson Esteves
RE/MAX Professionals
Buyer's Agent
Juan Tejada
Innovations Realty
List Price
$429,900
Sold Price
$461,000
Premium/Discount to List
$31,100
7.23%
Views
190
Current Estimated Value
$482,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,435
Avg. Annual Appreciation
2.84%
Original Mortgage
$452,650
Outstanding Balance
$445,749
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$40,051

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 15, 2022
Sold by
Vanner Pauline Est and Miller
Bought by
Abreu Julian H
Seller's Agent
Claire Jubb
RE/MAX Preferred
Buyer's Agent
Nelson Esteves
RE/MAX Professionals
List Price
$149,900
Sold Price
$191,777
Premium/Discount to List
$41,877
27.94%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.04%
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
Valera Juan C $461,000 None Available
Abreu Julian H $191,777 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valera Juan C $452,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $461,000 +7.2% $281 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $429,900 +124.2% $262 / Sq Ft
11/15/2022 11/15/22 Sold $191,777 +27.9% $131 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $149,900 -- $102 / 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 $5,028 $274,000 $72,000 $202,000
2023 $5,028 $274,000 $72,000 $202,000
2022 $4,877 $274,000 $72,000 $202,000
2021 $4,111 $167,400 $45,800 $121,600
2020 $4,111 $167,400 $45,800 $121,600
2019 $4,111 $167,400 $45,800 $121,600
2018 $3,918 $122,600 $44,400 $78,200
2017 $3,918 $122,600 $44,400 $78,200
2016 $3,918 $122,600 $44,400 $78,200
2015 $3,495 $105,600 $47,100 $58,500
2014 $3,507 $103,900 $47,100 $56,800
2013 $3,507 $103,900 $47,100 $56,800
Source: Public Records

Agents Affiliated with this Home

  • Nelson Esteves

    Seller's Agent in 2023

    Nelson Esteves

    RE/MAX Professionals

    (401) 886-8874

    3 in this area

    130 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Juan Tejada

    Innovations Realty

    (401) 261-7403

    17 in this area

    172 Total Sales

    Section Image
  • Claire Jubb

    Seller's Agent in 2022

    Claire Jubb

    RE/MAX Preferred

    (401) 354-5224

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1336235

State-Wide MLS

APN: PROV-001040-000260-000000

Rhode Island Providence County Providence 02909 Silver Lake

79 Progress Ave, Providence, RI

This home is located at 79 Progress Ave, Providence, RI 02909 since 24 May 2023 and is currently estimated at $510,581, approximately $311 per square foot. This property was built in 1930. 79 Progress Ave is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Laurel Hill Annex School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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