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42 Madison Street

42 Madison Street, Providence, RI 02907
Sold Jun 26, 2023
$95,000
$55,000 by Wargary Llc
Mortgage Due Sep 21, 2053
Sold Aug 29, 2013
$5,309
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. In total, the area measurement of the land is 3,200 square feet.

Learn more about the property and building on this page. 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, 42 Madison Street sold most recently in Jun 26, 2023 for a total of $95,000. Before that, the property was also sold for $5,309 in Jan 1, 1970. 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 $3,321 in taxes each year. 42 Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $181,000. If we break it down further, the land itself was valued at $71,300. Improvements to the property, however, were assessed at a total of $109,700. The property's total assessed value has been marked as more than the total market value 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.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

  • Building Count: 2
  • Bedroom Count: 0
  • Building Style: Triplex
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VELAZQUEZ CHRISTOPHER
  • Previous Owner : BORGES CARLOS A
  • Owner Before Previous Owner: BORGES CARLOS A
  • Owner Before Previous Owner 2: PROVIDENCE TOWN OF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 000301

Zoning

  • Zoning: R-3

Geography

  • Account Number: 21022
  • Parcel: PROV M:43 L:7
  • Lot: 7
  • Municipality: PROVIDENCE
  • Latitude: 41.8006
  • Longitude: -71.4298

    Address

  • Full Address: 42 Madison St
  • Address - House Number: 42
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: RI
  • City Name: Providence
  • Carrier Code: C009
  • 4-Digit Zip Code: 2915
  • Zip Code: 02907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,321

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 300,167
  • High Value: 360,548
  • Low Value: 239,786

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: WARGARY LLC
  • First Open Lien Mortgage Recording Date: Sep 21, 2023
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 21, 2053
  • Second Open Lien Mortgage Lender: WARGARY LLC
  • Second Open Lien Mortgage Recording Date: Dec 18, 2023
  • Second Open Lien Mortgage Loan Amount: $55,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Dec 18, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,000
  • Assessed Land Value: $71,300
  • Assessed Improvements Value: $109,700

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Transaction ID: 11908599935
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023348970
  • Previous Sale Recording Date: Aug 29, 2013
  • Previous Sale Amount: $5,309
  • Previous Sale Document Type: Deed

About West End Providence



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Nearby Rentals

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$1,295 /mo

  • Studio
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Frequently Asked Questions

What neighborhood is 42 Madison Street located in?
The 42 Madison Street is a located in the neighborhood of West End Providence in West End Providence, Providence.
What is the average sales price for listings in 42 Madison Street?
The average sales price for units in 42 Madison Street is $0 currently.

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