93 Barrows St Providence, RI 02909
Silver Lake NeighborhoodEstimated Value: $372,993 - $500,000
4
Beds
2
Baths
1,966
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Restaurant
- Attic
- Public Transportation
- 2-minute walk to Paul Grande Jr. Park
About This Home
As of December 2023Charming 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 Listed By
Keller Williams Leading Edge License #RES.0045819 Listed on: 10/16/2023
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
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
eXp Realty
List Price
$409,900
Sold Price
$440,000
Premium/Discount to List
$30,100
7.34%
Total Days on Market
11
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,248
Avg. Annual Appreciation
7.44%
Original Mortgage
$203,500
Outstanding Balance
$201,092
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$287,502
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
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Providence, RI
Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $5,463 | $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
-
Robin Knoderer
Seller's Agent in 2023
Robin Knoderer
Keller Williams Leading Edge
(401) 626-2863
2 in this area
10 Total Sales
-
Cindy Urizar
C
Buyer's Agent in 2023
Cindy Urizar
eXp Realty
(401) 300-2550
1 in this area
4 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1346067
APN: PROV-001080-000036-000000
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