NOT LISTED FOR SALE

122 Atlantic Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $539,532 - $605,000

7 Beds
3 Baths
5,275 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $330,000 $63 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,329/month

13 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Porch
  • Corner Lot
  • Skylights
  • Bathtub with Shower

About This Home

As of June 2020

This fantastic legal 2-family is located in Providence's beautiful Elmwood district. The house has been thoughtfully updated by the Armory Revival Company, with a new roof and young mechanicals. The bright, spacious units feature double parlors, beautiful hardwood floors, and updated bathrooms and kitchens. The fully-finished third floor provides additional bedrooms, living spaces, and a bathroom. Outside, find lovely front porches and ample off-street parking. Note: taxes do not reflect the Providence Homestead Exemption.

Last Agent to Sell the Property

Joe Roch

Residential Properties Ltd License #REB.0018442 Listed on: 05/13/2020

Residential Properties Ltd

Co-Listed By

Jane Driver

Residential Properties Ltd License #REB.0016979

Last Buyer's Agent

Paul DeFalco

HomeSmart Professionals License #RES.0041653

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,067

Year Built

  • Built in 1900

Lot Details

  • 3,567 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 5,275 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 544
  • Assessor Parcel Number 122ATLANTICAVPROV

Community Details

Overview

  • 2 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,067

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: RESI09
  • Co List Office Phone: 401-457-3400
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 5275.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Skylights, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3567.0
  • Parcel #: 122ATLANTICAVPROV
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5067.0
  • Tax Lot: 544
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 26, 2020
Sold by
Car Properties Llc
Bought by
Huot Vidith
Seller's Agent
Joe Roch
Residential Properties Ltd
Buyer's Agent
Paul DeFalco
HomeSmart Professionals
List Price
$319,000
Sold Price
$330,000
Premium/Discount to List
$11,000
3.45%
Current Estimated Value
$575,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,883
Avg. Annual Appreciation
10.84%
Original Mortgage
$324,022
Outstanding Balance
$287,221
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$288,662

Purchase Details

Closed on
Nov 8, 2013
Sold by
Rejuvenation Llc
Bought by
Car Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Aurora Loan Svcs
Bought by
Rejuvenation Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Goncalves Olivio R
Bought by
Aurora Loan Services L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huot Vidith $330,000 None Available
Car Properties Llc -- --
Rejuvenation Llc $90,000 --
Aurora Loan Services L $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huot Vidith $324,022
Previous Owner Car Properties Llc $360,000
Previous Owner Aurora Loan Services L $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $330,000 +3.4% $63 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $319,000 -- $60 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $3,701 $490,200 $119,400 $370,800
2024 $5,503 $299,900 $51,700 $248,200
2023 $5,503 $299,900 $51,700 $248,200
2022 $5,338 $299,900 $51,700 $248,200
2021 $5,067 $206,300 $36,400 $169,900
2020 $5,067 $206,300 $36,400 $169,900
2019 $5,067 $206,300 $36,400 $169,900
2018 $4,011 $125,500 $24,800 $100,700
2017 $4,011 $125,500 $24,800 $100,700
2016 $4,011 $125,500 $24,800 $100,700
2015 $3,588 $108,400 $30,300 $78,100
2014 $3,659 $108,400 $30,300 $78,100
2013 $3,659 $108,400 $30,300 $78,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Roch

    Seller's Agent in 2020

    Joe Roch

    Residential Properties Ltd

    (401) 440-7483

    3 in this area

    177 Total Sales

    Joe Roch
    Section Image
  • Jane Driver

    Seller Co-Listing Agent in 2020

    Jane Driver

    Residential Properties Ltd

    (401) 641-3723

    17 in this area

    134 Total Sales

    Jane Driver
    Section Image
  • Paul DeFalco

    Buyer's Agent in 2020

    Paul DeFalco

    HomeSmart Professionals

    (401) 487-9853

    80 Total Sales

    Paul DeFalco
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1253668

State-Wide MLS

APN: PROV-520544-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

122 Atlantic Ave, Providence, RI

Not Listed for Sale

MultiFamily

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