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25 Summit Avenue

25 Summit Avenue, Providence, RI 02906
Property in Hope
Sold Jun 30, 2021
$490,000
$449,350 by Fairway Independent Mortgage C
Mortgage
Sold Mar 11, 2021
$250,000
$125,000 by Ryanna Llc
Mortgage
25 Summit Avenue in Providence, RI was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 25 Summit Avenue has 1,178 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,178 sqft and has been categorized as a full basement. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a garage underground or in the basement. There are a total of 4 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 Summit Avenue sold most recently in Jun 30, 2021 for a total of $490,000. If you work out the math, that's approximately a cost of $415.96 per sqft. Before that, the property was also sold for $250,000 in Mar 11, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,859 in taxes each year. 25 Summit Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $428,300. If we break it down further, the land itself was valued at $248,000. Improvements to the property, however, were assessed at a total of $180,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,178
  • Garage Type: Underground/basement
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,178
  • Gross Building Area: 2,492
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,178
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SAX ALESSANDRA
  • Current Owner 2: TAGGART MARC B
  • Previous Owner : LYSSIKATOS DIMITRI
  • Previous Owner 2: NEWMAN MICHAEL J
  • Owner Before Previous Owner: SILVERMAN HOLLY W
  • Owner Before Previous Owner 2: SILVERMAN MARVIN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 003300

Zoning

  • Zoning: R-2

Geography

  • Account Number: 34386
  • Parcel: PROV M:73 L:261
  • Lot: 261
  • Municipality: PROVIDENCE
  • Latitude: 41.8478
  • Longitude: -71.3977

    Address

  • Full Address: 25 Summit Ave
  • Address - House Number: 25
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Providence
  • Carrier Code: C035
  • 4-Digit Zip Code: 2505
  • Zip Code: 02906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,859

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 79
  • Final Value: 577,161
  • High Value: 672,746
  • Low Value: 481,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $449,350
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $449,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,300
  • Assessed Land Value: $248,000
  • Assessed Improvements Value: $180,300

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841756360
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021291951
  • Previous Sale Recording Date: Mar 11, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $449,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: RYANNA LLC
  • Previous Mortgage Transaction Date: Mar 11, 2021
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Hope



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Frequently Asked Questions

What neighborhood is 25 Summit Avenue located in?
The 25 Summit Avenue is a located in the neighborhood of Hope in Hope, Providence.
What is the average sales price for listings in 25 Summit Avenue?
The average sales price for units in 25 Summit Avenue is $0 currently.

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