NOT LISTED FOR SALE

16 Grotto Ave Unit 1 Providence, RI 02906

Blackstone Neighborhood

Estimated Value: $681,269 - $758,000

2 Beds
2 Baths
1,634 Sq Ft
$291/mo HOA Fee

Last Sold January 05, 2018

Last sale price $395,000 $242 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,849/month

77 Days on Market

Highlights

  • River Access
  • Marble Flooring
  • 2 Car Detached Garage
  • Spa
  • Tennis Courts
  • 5-minute walk to Blackstone Boulevard Park

About This Home

As of January 2018

Wow! Single level living in elegant, spacious first floor condo with 2 car garage and 2 outdoor spaces. This property has it all with 2 master suites, loads of storage including beautiful custom built in cabinets and 2 extra storage spaces in the basement. Large living room leads to dining room and private den. Conveniently located near parks, river, shopping and restaurants.

Last Agent to Sell the Property

Rebecca Mayer

Compass License #REB.0014156 Listed on: 09/19/2017

Compass

Last Buyer's Agent

Kimberly Winslow

Residential Properties Ltd. License #RES.0030375

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1913

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,634 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Marble Fireplace
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Spa
  • River Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number 16GrottoAVPROV

Community Details

Overview

  • 4 Units
  • East Side Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,499

Year Built

Built in 1913

Lot Details

0

HOA Fees

$291 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: East Side
  • Above Grade Finished Sq Ft: 1634.0
  • Building Name: 16 Grotto
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1913
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Wet Bar, Bathtub, Tub Shower
  • Living Area: 1634.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: River Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 150 Amp Service, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 291.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 16GrottoAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 5499.0
  • Tax Lot: 190
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Jan 5, 2018
Sold by
Ida R Andreani T
Bought by
Simpson William and Andresino Maria
Seller's Agent
Rebecca Mayer
Compass
Buyer's Agent
Kimberly Winslow
Residential Properties Ltd.
List Price
$469,000
Sold Price
$395,000
Premium/Discount to List
-$74,000
-15.78%
Current Estimated Value
$719,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,317
Avg. Annual Appreciation
7.85%
Original Mortgage
$316,000
Outstanding Balance
$265,907
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$453,410

Purchase Details

Closed on
May 12, 1999
Sold by
Friedman Carolyn C
Bought by
Andreani Ida R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.92%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Easterling Lynda K
Bought by
Friedman Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Simpson William $395,000 --
Andreani Ida R $138,000 --
Friedman Carolyn C $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson William $316,000
Previous Owner Friedman Carolyn C $157,000
Previous Owner Friedman Carolyn C $183,750
Previous Owner Friedman Carolyn C $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $395,000 -15.8% $242 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $469,000 -- $287 / 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 $9,423 $645,400 $0 $645,400
2024 $9,080 $494,800 $0 $494,800
2023 $9,080 $494,800 $0 $494,800
2022 $8,807 $494,800 $0 $494,800
2021 $9,446 $384,600 $0 $384,600
2020 $9,446 $384,600 $0 $384,600
2019 $9,446 $384,600 $0 $384,600
2018 $9,348 $292,500 $0 $292,500
2017 $9,348 $292,500 $0 $292,500
2016 $9,348 $292,500 $0 $292,500
2015 $9,172 $277,100 $0 $277,100
2014 $9,352 $277,100 $0 $277,100
2013 $9,352 $277,100 $0 $277,100
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Mayer

    Seller's Agent in 2018

    Rebecca Mayer

    Compass

    (401) 447-8040

    16 in this area

    135 Total Sales

    Rebecca Mayer
    Section Image
  • Kimberly Winslow

    Buyer's Agent in 2018

    Kimberly Winslow

    Residential Properties Ltd.

    (401) 212-6648

    2 in this area

    38 Total Sales

    Kimberly Winslow
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1173599

State-Wide MLS

APN: PROV-410190-000000-000001

Rhode Island Providence County Providence 02906 Blackstone

16 Grotto Ave Unit 1, Providence, RI

Not Listed for Sale

Condos

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