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50 Sylvan Avenue

50 Sylvan Avenue, Providence, RI 02905
Property in Cranston
Sold Sep 04, 2018
$250,000
$245,471 by Coastway Commercial Bank
Mortgage Due Sep 04, 2048
Sold Aug 30, 2005
$200,000
$160,000 by Coastway Credit Union
Mortgage
50 Sylvan Avenue has been categorized by the local assessors in Providence, RI as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 50 Sylvan Avenue has 1,842 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,476 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 50 Sylvan Avenue was last sold in Jan 1, 1970 for $250,000. According to our calculations, that's $135.72 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Jan 1, 1970. Current property owners are expected to pay $4,687 in taxes per year. The property on 50 Sylvan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $248,000. To break that down further, the land itself was valued at $72,300. While improvements to the property were assessed at a total of $175,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,476
  • Total Building Area: 1,842
  • Gross Building Area: 2,778
  • Building Area: 1,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,842
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.149
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : GERMOSEN MICHELLE M
  • Current Owner 2: GERMOSEN MIGUEL D
  • Previous Owner : LANE JOHN
  • Owner Before Previous Owner: BUCCI DONALD E
  • Owner Before Previous Owner 2: BUCCI ELAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 013400

Geography

  • Account Number: 7149775
  • Parcel: CRAN M:2-6 L:2292 U:
  • Lot: 2292
  • Municipality: CRANSTON
  • Latitude: 41.7719
  • Longitude: -71.4035

    Address

  • Full Address: 50 Sylvan Ave
  • Address - House Number: 50
  • Address - Street Name: Sylvan
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cranston
  • Carrier Code: C005
  • 4-Digit Zip Code: 2511
  • Zip Code: 02905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,687

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 418,971
  • High Value: 489,382
  • Low Value: 348,560

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $258,827
  • First Open Lien Mortgage Lender: COASTWAY COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: Sep 04, 2018
  • First Open Lien Mortgage Loan Amount: $245,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 04, 2048
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Feb 11, 2021
  • Second Open Lien Mortgage Loan Amount: $13,356
  • Second Open Lien Mortgage Term: 324
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,000
  • Assessed Land Value: $72,300
  • Assessed Improvements Value: $175,700

    Sales

  • Current Sale Recording Date: Sep 04, 2018
  • Current Sale Transaction ID: 11507492643
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTWAY COMMERCIAL BANK
  • First Mortgage Transaction Date: Sep 04, 2018
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 04, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COASTWAY CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 30, 2005
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cranston



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Frequently Asked Questions

What neighborhood is 50 Sylvan Avenue located in?
The 50 Sylvan Avenue is a located in the neighborhood of Cranston in Cranston, Providence.
What is the average sales price for listings in 50 Sylvan Avenue?
The average sales price for units in 50 Sylvan Avenue is $0 currently.

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