NOT LISTED FOR SALE

92 Wilmarth Ave East Providence, RI 02914

Estimated Value: $491,000 - $639,000

6 Beds
2 Baths
3,264 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $340,000 $104 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,360/month

50 Days on Market

Highlights

  • 0.28 Acre Lot
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • Laundry Room

About This Home

As of August 2021

Nice two family sitting on large lot with two car garage that has two spacious three bedrooms units. The property has had many updates like roof, windows, electrical, heating systems and hot water tanks and is structurally sound overall but is still in need of some TLC. It has been rented to family and friends so rents have been low but has the potential to be a good money maker if rents where more in line with the market. In the full basement is the laundry for each unit along with common storage. This would make for a great owner occupied or investment property and will not last so don't delay call and schedule a showing today.

Last Agent to Sell the Property

Joseph Motta

Keller Williams Realty License #RES.0041221 Listed on: 06/11/2021

Keller Williams Realty

Last Buyer's Agent

Lina Miranda

HomeSmart Professionals License #RES.0044026

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1906

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 012 / 05
  • Assessor Parcel Number 92WILMARTHAVEPRO

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Providence County Subdivision

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,083

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2778
  • Subdivision Name: Providence County
  • Above Grade Finished Sq Ft: 3264.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12102.0
  • Parcel #: 92WILMARTHAVEPRO
  • Zoning: R6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 4083.0
  • Tax Block: 05
  • Tax Lot: 012
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 31, 2021
Sold by
Malafronte Michael and Malafronte Jean
Bought by
Goncalves Emilia M
Seller's Agent
Joseph Motta
Keller Williams Realty
Buyer's Agent
Lina Miranda
HomeSmart Professionals
List Price
$319,800
Sold Price
$340,000
Premium/Discount to List
$20,200
6.32%
Current Estimated Value
$548,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,878
Avg. Annual Appreciation
12.36%
Original Mortgage
$333,841
Outstanding Balance
$303,317
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,561

Purchase Details

Closed on
Mar 5, 2008
Sold by
Robertson Nathaniel
Bought by
Malafronte Michael and Malafronte Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,900
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1990
Sold by
Robertson Nathaniel
Bought by
Robertson Nathaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.83%
Mortgage Type
Purchase Money Mortgage
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
Goncalves Emilia M $340,000 None Available
Goncalves Emilia M $340,000 None Available
Malafronte Michael $230,000 --
Malafronte Michael $230,000 --
Robertson Nathaniel $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goncalves Emilia M $333,841
Closed Goncalves Emilia M $333,841
Previous Owner Robertson Nathaniel $206,900
Previous Owner Robertson Nathaniel $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $340,000 +6.3% $104 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $319,800 -- $98 / 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 $5,405 $352,600 $83,200 $269,400
2023 $5,204 $352,600 $83,200 $269,400
2022 $4,335 $198,300 $46,900 $151,400
2021 $4,263 $198,300 $44,300 $154,000
2020 $4,083 $198,300 $44,300 $154,000
2019 $3,970 $198,300 $44,300 $154,000
2018 $3,837 $167,700 $46,500 $121,200
2017 $3,751 $167,700 $46,500 $121,200
2016 $3,733 $167,700 $46,500 $121,200
2015 $3,300 $143,800 $37,700 $106,100
2014 $3,300 $143,800 $37,700 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1285312

State-Wide MLS

APN: EPRO-000205-000005-000012