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165 Lloyd Avenue

165 Lloyd Avenue, Providence, RI 02906
Property in College Hill
Sold Sep 14, 2021
$2,120,000
$2,000,000 by Mountain 1st Bank & Trust Co
Mortgage
165 Lloyd 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 1910 and is 114 years old. There are 42 partial bathrooms in the home. The building has a total of 3 stories. In addition, 165 Lloyd Avenue has 14,085 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 9,140 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 poor. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a steam heating system and being fueled with oil. 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, 165 Lloyd Avenue was last sold in Sep 13, 2021 for $2,120,000. According to our calculations, that's $150.51 per sqft. Current property owners are expected to pay $29,287 in taxes per year. The property on 165 Lloyd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,596,000. To break that down further, the land itself was valued at $600,900. While improvements to the property were assessed at a total of $995,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 54
  • Bedroom Count: 0
  • Bathroom Count: 42
  • Partial Bathrooms: 42
  • Building Condition: Poor
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 42
  • Basement Type: Unspecified basement
  • Basement Area: 4,695
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,140
  • Total Building Area: 14,085
  • Gross Building Area: 24,537
  • Building Area: 14,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 14,085
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : COLLEGE HILL PROP LLC
  • Previous Owner : BROWN UNIVERSITY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 003601

Zoning

  • Zoning: R-3

Geography

  • Account Number: 9726
  • Parcel: PROV M:13 L:12
  • Lot: 12
  • Municipality: PROVIDENCE
  • Latitude: 41.8313
  • Longitude: -71.4006

    Address

  • Full Address: 165 Lloyd Ave
  • Address - House Number: 165
  • Address - Street Name: Lloyd
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Providence
  • Carrier Code: C013
  • 4-Digit Zip Code: 2203
  • Zip Code: 02906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,287

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 2,002,796
  • High Value: 2,375,197
  • Low Value: 1,630,394

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,800,000
  • First Open Lien Mortgage Lender: MOUNTAIN 1ST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 05, 2022
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: MOUNTAIN 1ST BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: May 15, 2023
  • Second Open Lien Mortgage Loan Amount: $800,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,596,000
  • Assessed Land Value: $600,900
  • Assessed Improvements Value: $995,100

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Transaction ID: 11855696233
  • Current Sale Price: $2,120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021298922

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN 1ST BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 14, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About College Hill



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Nearby Rentals

Unit for rent at 100 Meeting Street, Providence, RI, 02906

$6,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,693 ft²
100 Meeting Street #2, Providence, RI, 02906 Listing by Sabine Green

Frequently Asked Questions

What neighborhood is 165 Lloyd Avenue located in?
The 165 Lloyd Avenue is a located in the neighborhood of College Hill in College Hill, Providence.
What is the average sales price for listings in 165 Lloyd Avenue?
The average sales price for units in 165 Lloyd Avenue is $0 currently.

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