RENTED MAY 8, 2025

16 Grotto Ave Unit 3 Providence, RI 02906

Blackstone Neighborhood

Estimated Value: $362,000 - $402,314

1 Bed
1 Bath
1,634 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $228,000 $140 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,447/month

Highlights

  • Marina
  • Furnished
  • Tennis Courts
  • Golf Course Community
  • No HOA
  • 5-minute walk to Blackstone Boulevard Park

About This Home

As of May 2025

This fully furnished one bedroom condo offers a comfortable and convenient lifestyle in the desirable Grotto and Blackstone Blvd neighborhood. The interior features an updated kitchen, hardwood floors, a fireplace in the living room, and in-unit laundry. Generous storage throughout. Includes two parking spaces, with one garage space. Conveniently located near the Seekonk River, Blackstone Blvd, and Wayland Square.***Listing photos were taken by the seller around 3.5 years ago.***

Last Agent to Rent the Property

Lyanna Rose

eXp Realty License #RES.0047841 Listed on: 04/07/2025

eXp Realty

Last Renter's Agent

Lyanna Rose

eXp Realty License #RES.0047841 Listed on: 04/07/2025

eXp Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1913

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3-Story Property
  • Furnished
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/1/25
  • Tenant pays for hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 16GROTTOAV3PROV

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Hot Water
  • Available Date: 2025-04-01
  • Security Deposit: 2400.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 817.0
  • Building Name: Grotto Condo Assn
  • Entry Level: 1
  • Unit Levels: Two, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1913
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Microwave, Oven, Range, Refrigerator
  • Has Basement: Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 817.0
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Cable TV
  • Living Area: 1634.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Snow Removal
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 16GROTTOAV3PROV
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jun 24, 2014
Sold by
Milano Vincent R and Milano Megan L
Bought by
Setayeshgar Leila
Seller's Agent
JP Pagano
Residential Properties Ltd.
Buyer's Agent
David Hasslinger
Residential Properties Ltd.
List Price
$229,000
Sold Price
$228,000
Premium/Discount to List
-$1,000
-0.44%
Current Estimated Value
$382,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,579
Avg. Annual Appreciation
4.62%
Original Mortgage
$128,000
Outstanding Balance
$40,670
Interest Rate
4.18%
Estimated Equity
$341,909

Purchase Details

Closed on
Sep 26, 2008
Sold by
Golitko Edward and Golitko Carrie
Bought by
Daunais Megan L and Milano Vincent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,978
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Ohara Elizabeth D
Bought by
Golitko Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Santopietro Linda M
Bought by
Ohara Elizabeth D
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
Setayeshgar Leila $228,000 --
Daunais Megan L $225,000 --
Golitko Edward $222,500 --
Ohara Elizabeth D $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohara Elizabeth D $128,000
Closed Setayeshgar Leila $128,000
Previous Owner Ohara Elizabeth D $224,292
Previous Owner Ohara Elizabeth D $220,978
Previous Owner Ohara Elizabeth D $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2025 05/08/25 Rented $2,400 0.0% --
04/25/2025 04/25/25 Under Contract -- -- --
04/07/2025 04/07/25 For Rent $2,400 0.0% --
06/23/2014 06/23/14 Sold $228,000 -0.4% $279 / Sq Ft View Prior Sale
05/24/2014 05/24/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $229,000 -- $280 / 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 $5,274 $361,200 $0 $361,200
2024 $5,094 $277,600 $0 $277,600
2023 $5,094 $277,600 $0 $277,600
2022 $4,941 $277,600 $0 $277,600
2021 $7,343 $299,000 $0 $299,000
2020 $7,343 $299,000 $0 $299,000
2019 $7,343 $299,000 $0 $299,000
2018 $7,386 $231,100 $0 $231,100
2017 $7,386 $231,100 $0 $231,100
2016 $7,386 $231,100 $0 $231,100
2015 $7,246 $218,900 $0 $218,900
2014 $5,960 $176,600 $0 $176,600
2013 $5,960 $176,600 $0 $176,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2025

    Lyanna Rose

    eXp Realty

    (401) 323-7383

    Lyanna Rose
    Section Image
  • JP Pagano

    Seller's Agent in 2014

    JP Pagano

    Residential Properties Ltd.

    (401) 553-6339

    JP Pagano
    Section Image
  • David Hasslinger

    Buyer's Agent in 2014

    David Hasslinger

    Residential Properties Ltd.

    (401) 465-8625

    27 in this area

    155 Total Sales

    David Hasslinger
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1381872

State-Wide MLS

APN: PROV-410190-000000-000003

Rhode Island Providence County Providence 02906 Blackstone

16 Grotto Ave Unit 3, Providence, RI

Not Listed for Sale

MultiFamily

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