NOT LISTED FOR SALE

Estimated Value: $402,704 - $536,000

4 Beds
2 Baths
1,966 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $440,000 $224 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,809/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Restaurant
  • Attic
  • Public Transportation
  • 2-minute walk to Paul Grande Jr. Park

About This Home

As of December 2023

Charming Multi-Family Gem in Providence: Ideal for Investors and Owner-Occupants Nestled in the heart of Providence, this multi-family property presents a unique opportunity for both real estate investors and those seeking a comfortable residence. With two meticulously maintained units, this property stands out in the Providence market. Unit 1 offers 2 bedrooms and 1 bathroom, creating a cozy living space with a well-thought-out layout and a modern kitchen. Unit 2 mirrors the layout of Unit 1, with 2 bedrooms and 1 bathroom, but it also features a distinctive bonus room in the attic. This versatile space can serve as an additional living area, office, or playroom, adding significant value to the property. The property is in excellent condition, Newer heating systems ensure comfort during Rhode Island's winters, while the low-maintenance vinyl siding enhances curb appeal and reduces the need for upkeep. The property also provides ample parking space in the back for 4+ cars, a highly sought-after feature in Providence. Located in a prime area, this multi-family property is conveniently close to Providence's vibrant dining and entertainment options, with easy access to public transportation and major roadways. Whether you're an investor looking for a promising opportunity or an individual in search of a welcoming and convenient residence, this two-unit property offers the best of both worlds.

Last Agent to Sell the Property

Robin Knoderer

Keller Williams Leading Edge License #RES.0045819 Listed on: 10/16/2023

Keller Williams Leading Edge

Last Buyer's Agent

Cindy Urizar

Real Broker, LLC License #RES.0047996

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1930

Lot Details

  • 3,600 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,966 Sq Ft Home
  • 4-Story Property
  • Permanent Attic Stairs

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 9395BARROWSSTPROV

Community Details

Overview

  • 2 Units
  • Silver Lake Subdivision

Amenities

  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,372

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0826
  • Subdivision Name: Silver Lake
  • Above Grade Finished Sq Ft: 1966.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3600.0
  • Parcel #: 9395BARROWSSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 4371.64
  • Tax Lot: 36
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 13, 2023
Sold by
Gomez Julio A
Bought by
Gomez Julio A and Lainez Natalia E
Seller's Agent
Robin Knoderer
Keller Williams Leading Edge
Buyer's Agent
Cindy Urizar
Real Broker, LLC
List Price
$409,900
Sold Price
$440,000
Premium/Discount to List
$30,100
7.34%
Views
38
Current Estimated Value
$485,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,426
Avg. Annual Appreciation
5.09%
Original Mortgage
$203,500
Outstanding Balance
$200,123
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$285,303

Purchase Details

Closed on
Jan 10, 2013
Sold by
Facha Charles V Jr Est and Facha
Bought by
Facha Diane I

Purchase Details

Closed on
Jul 29, 1999
Sold by
Bjorklund Debra L and Bjorklund Tina M
Bought by
Facha Charles V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
Gomez Julio A -- None Available
Calel Julio A $440,000 None Available
Facha Diane I -- --
Facha Charles V $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calel Julio A $203,500
Previous Owner Facha Charles V $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $440,000 +7.3% $224 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $409,900 -- $208 / 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
2025 $3,160 $418,500 $135,300 $283,200
2024 $5,463 $297,700 $85,600 $212,100
2023 $5,463 $297,700 $85,600 $212,100
2022 $5,299 $297,700 $85,600 $212,100
2021 $4,561 $185,700 $48,500 $137,200
2020 $4,561 $185,700 $48,500 $137,200
2019 $4,561 $185,700 $48,500 $137,200
2018 $4,305 $134,700 $41,400 $93,300
2017 $4,305 $134,700 $41,400 $93,300
2016 $4,305 $134,700 $41,400 $93,300
2015 $3,846 $116,200 $41,400 $74,800
2014 $3,922 $116,200 $41,400 $74,800
2013 $3,922 $116,200 $41,400 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1346067

State-Wide MLS

APN: PROV-001080-000036-000000