NOT LISTED FOR SALE

81 Progress Ave Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $421,054 - $720,000

9 Beds
3 Baths
3,588 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $85,000 $24 Per Sq Ft

Est. 564% increase in value since last sale

Current estimated payment $3,723/month

29 Days on Market

Highlights

  • Plywood Flooring
  • Heating System Uses Steam
  • 5-minute walk to James Ahern Park
  • 1 Car Detached Garage
  • Space Heater

About This Home

As of August 2013

Great 3 Family.3 beds on each floor. Double living rooms, 1 bath on each floor. Huge house for the price. House has great potential. Great money maker. Bring offers. Seller is motivated.

Last Agent to Sell the Property

Margaret Boland

Empire RE Group, ERA Powered License #RES.0029366 Listed on: 07/16/2013

Last Buyer's Agent

Victoria Calabro

Century 21 Shoreline License #RES.0029162

Century 21 Shoreline

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,300 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,588 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Plywood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 3 Units
  • Silver Lake Subdivision

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 81PROGRESSAVPROV

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0987
  • Subdivision Name: SILVER LAKE
  • Above Grade Finished Sq Ft: 3588.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Carpet, Laminate, Plywood
  • Living Area: 3588.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Individual, Steam, Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4300.0
  • Parcel #: 81PROGRESSAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4738.0
  • Tax Lot: 261
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2014
Sold by
Searoll Llc
Bought by
Encarnacion Ruben D
Current Estimated Value
$564,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,338
Outstanding Balance
$133,377
Interest Rate
4.21%
Mortgage Type
FHA
Estimated Equity
$424,982

Purchase Details

Closed on
Jun 12, 2014
Sold by
Scaroll Llc and Providence Town Of
Bought by
Scaroll Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,338
Outstanding Balance
$133,377
Interest Rate
4.21%
Mortgage Type
FHA
Estimated Equity
$424,982

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 16, 2013
Sold by
81 Progress Avenue Llc
Bought by
Scaroll Llc
Seller's Agent
Margaret Boland
Empire RE Group, ERA Powered
Buyer's Agent
Victoria Calabro
Century 21 Shoreline
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$50,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Encarnacion Ruben D $174,500 --
Scaroll Llc $5,728 --
Scaroll Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encarnacion Ruben D $171,338
Previous Owner Scaroll Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $85,000 -14.9% $24 / Sq Ft
07/16/2013 07/16/13 For Sale $99,900 -- $28 / 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 $7,579 $413,000 $72,000 $341,000
2023 $7,579 $413,000 $72,000 $341,000
2022 $7,351 $413,000 $72,000 $341,000
2021 $6,670 $271,600 $45,800 $225,800
2020 $6,670 $271,600 $45,800 $225,800
2019 $6,670 $271,600 $45,800 $225,800
2018 $5,772 $180,600 $44,400 $136,200
2017 $5,772 $180,600 $44,400 $136,200
2016 $5,772 $180,600 $44,400 $136,200
2015 $5,035 $152,100 $47,100 $105,000
2014 $4,739 $140,400 $47,100 $93,300
2013 $4,739 $140,400 $47,100 $93,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Margaret Boland

    Empire RE Group, ERA Powered

    (401) 487-3760

    7 Total Sales

    Section Image
  • Victoria Calabro

    Buyer's Agent in 2013

    Victoria Calabro

    Century 21 Shoreline

    (401) 639-1637

    2 in this area

    127 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1046221

State-Wide MLS

APN: PROV-001040-000261-000000

Rhode Island Providence County Providence 02909 Silver Lake

81 Progress Ave, Providence, RI

This home is located at 81 Progress Ave, Providence, RI 02909 since 16 July 2013 and is currently estimated at $582,514, approximately $162 per square foot. This property was built in 1922. 81 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.

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