Seller's Agent in 2024
Robin Delaney
Robin Delaney Real Estate
(860) 608-1406
1 in this area
44 Total Sales
206 Adelaide Ave Providence, RI 02907
Elmwood NeighborhoodEstimated Value: $621,000 - $746,000
6
Beds
3
Baths
3,400
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit
- Jogging Path
- Park
About This Home
As of February 2024Welcome to this charming, historic 3-unit multi-family located in a tree lined neighborhood which boasts original molding and push-button door knobs, adding a touch of timeless elegance. Currently, two of the units are rented as STR, generating an income of $53,000 annually. However, with the third unit available for occupancy, the income potential is even greater, estimated at an additional $25,000 or more. Some recent significant updates, include new roof that is only two months old, with a transferring warranty. 40 Windows replaced three years ago, ensuring energy efficiency. 3 new heating systems, two hot water tanks replaced five years ago, providing peace of mind and reliability. One hot water tank is one year old. Throughout the house, you'll find many original features, including beautiful hardwood flooring that adds warmth and character. Double parlors offer versatile spaces, 2nd floor boasts loft bedroom with a private entrance. Own a piece of history in this Victorian gem!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,161
Year Built
- Built in 1910 | Remodeled
Lot Details
- 5,000 Sq Ft Lot
- Fenced
- Level Lot
Parking
- 2 Car Garage
- Driveway
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- Triplex
- Brick Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 3,400 Sq Ft Home
- Electric Fireplace
- Insulated Doors
- Attic Ventilator
- Washer and Gas Dryer Hookup
Kitchen
- Cooktop
- ENERGY STAR Qualified Refrigerator
Flooring
- Wood
- Pine Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 4 Heating Zones
- Heating Available
- 110 Volts
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $6,620
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 514182
- Tax Block 145
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $2,450
- Water Sewer Expense $1,300
- Operating Expense $5,020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2024
Closed on
Feb 22, 2024
Sold by
Delaney Robin L
Bought by
Quinn Brin
Seller's Agent
Robin Delaney
Robin Delaney Real Estate
Buyer's Agent
Samuel Moor
Marble House Realty, Inc.
List Price
$639,000
Sold Price
$645,000
Premium/Discount to List
$6,000
0.94%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,313
Avg. Annual Appreciation
4.98%
Original Mortgage
$516,000
Outstanding Balance
$506,966
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,347
Purchase Details
Closed on
Oct 2, 2019
Sold by
Porter Kevin M
Bought by
Delaney Robin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 5, 2018
Sold by
Ziegelmayer Kim
Bought by
Porter Kevin M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quinn Brin | $645,000 | None Available | |
| Delaney Robin L | $120,000 | -- | |
| Porter Kevin M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quinn Brin | $516,000 | |
| Previous Owner | Delaney Robin L | $117,826 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $645,000 | +0.9% | $190 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 01/06/2024 01/06/24 | For Sale | $639,000 | -- | $188 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,753 | $629,500 | $121,500 | $508,000 |
| 2024 | $7,301 | $397,900 | $52,700 | $345,200 |
| 2023 | $7,301 | $397,900 | $52,700 | $345,200 |
| 2022 | $7,083 | $397,900 | $52,700 | $345,200 |
| 2021 | $6,486 | $264,100 | $38,600 | $225,500 |
| 2020 | $6,486 | $264,100 | $38,600 | $225,500 |
| 2019 | $6,486 | $264,100 | $38,600 | $225,500 |
| 2018 | $5,149 | $161,100 | $26,300 | $134,800 |
| 2017 | $5,149 | $161,100 | $26,300 | $134,800 |
| 2016 | $5,149 | $161,100 | $26,300 | $134,800 |
| 2015 | $4,528 | $136,800 | $32,200 | $104,600 |
| 2014 | $4,617 | $136,800 | $32,200 | $104,600 |
| 2013 | $4,617 | $136,800 | $32,200 | $104,600 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Delaney
-
Samuel Moor
Buyer's Agent in 2024
Samuel Moor
Marble House Realty, Inc.
(508) 245-4376
1 in this area
103 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73191342
APN: PROV-520145-000000-000000
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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