NOT LISTED FOR SALE

90 Wallace St Providence, RI 02909

Silver Lake Neighborhood

Estimated Value: $583,000 - $704,000

0.08 Acre
$8,173,512 Price per Acre
3,600 Sq Ft Lot

Last Sold September 23, 2019

Last sale price $45,000

Est. 1,353% increase in value since last sale

Current estimated payment $3,924/month

14 Days on Market

Highlights

  • Corner Lot
  • Shops
  • 4-minute walk to Clarence Street Playground
  • Public Transportation
  • Property near a hospital

About This Lot

As of September 2019

Lot with 4 car garage! Located in R-3 zoning per city maps. Presently fully rented bringing in $6,000.00 per year. Best use for Multi-family or Single family build. Buyer to perform due diligence!

Last Agent to Sell the Property

John Gonsalves

CENTURY 21 Gonsalves - Pastore License #REB.0011855 Listed on: 08/09/2019

CENTURY 21 Gonsalves - Pastore

Last Buyer's Agent

John Gonsalves

CENTURY 21 Gonsalves - Pastore License #REB.0011855 Listed on: 08/09/2019

CENTURY 21 Gonsalves - Pastore

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $550

Lot Details

  • 3,600 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Finished Lot(s)
  • Land Lease
  • Property is zoned R-3, Multi-Family

Location

  • Property near a hospital

Listing and Financial Details

  • Tax Lot 242
  • Assessor Parcel Number 90WALLACESTPROV

Community Details

Overview

  • Silver Lake Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$550

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: SILVER LAKE
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level
  • Construction Type: Other
  • Other Structures: Outbuilding

Utilities

  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Land Lease: Yes
  • Lot Size Sq Ft: 3600.0
  • Parcel #: 90WALLACESTPROV
  • Zoning Description: Multi-Family
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 550.0
  • Tax Lot: 242
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 20, 2019
Sold by
Santos Kristoffer
Bought by
Lrv Properties Llc
Seller's Agent
John Gonsalves
CENTURY 21 Gonsalves - Pastore
Buyer's Agent
John Gonsalves
CENTURY 21 Gonsalves - Pastore
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$653,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,881
Avg. Annual Appreciation
53.87%
Original Mortgage
$225,000
Outstanding Balance
$197,083
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$456,798
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
Lrv Properties Llc $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lrv Properties Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2019 09/23/19 Sold $45,000 -9.8% --
08/24/2019 08/24/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $49,900 -- --
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 $5,945 $787,400 $127,400 $660,000
2024 $9,803 $534,200 $71,600 $462,600
2023 $9,803 $534,200 $71,600 $462,600
2022 $7,702 $432,700 $71,600 $361,100
2021 $7,852 $319,700 $45,500 $274,200
2020 $550 $22,400 $15,900 $6,500
2019 $550 $22,400 $15,900 $6,500
2018 $700 $21,900 $15,400 $6,500
2017 $700 $21,900 $15,400 $6,500
2016 $700 $21,900 $15,400 $6,500
2015 $741 $22,400 $16,400 $6,000
2014 $756 $22,400 $16,400 $6,000
2013 $756 $22,400 $16,400 $6,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Gonsalves

    CENTURY 21 Gonsalves - Pastore

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Map

Source: State-Wide MLS

MLS Number: 1231708

State-Wide MLS

APN: PROV-001040-000242-000000

Rhode Island Providence County Providence 02909 Silver Lake

90 Wallace St, Providence, RI

Not Listed for Sale

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