NOT LISTED FOR SALE

216 Adelaide Ave Unit 218 Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $616,000 - $799,000

8 Beds
4 Baths
4,142 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $116,500 $28 Per Sq Ft

Est. 492% increase in value since last sale

Current estimated payment $4,735/month

257 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Property near a hospital
  • Recreation Facilities
  • Public Transportation
  • Wood Siding

About This Home

As of June 2018

Spacious 3 family home. Needs extensive renovation. Short sale subject to lender approval

Last Agent to Sell the Property

Kathy Souza

RE/MAX Preferred License #REB.0018473 Listed on: 09/11/2017

RE/MAX Preferred

Last Buyer's Agent

Joshua DeBrossard

Century 21 Visionary Group License #RES.0041563

Century 21 Visionary Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1904

Lot Details

  • 4,700

Parking

  • 3 Car Detached Garage

Home Design

  • Fixer Upper
  • Combination Foundation
  • Wood Siding

Interior Spaces

  • 4,142 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • No Hot Water

Additional Features

  • 4,700 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 332
  • Assessor Parcel Number 216AdelaideAVPROV

Community Details

Overview

  • 4 Units
  • Elmwood Subdivision

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 4142.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1904
  • Special Features: 4108
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: No Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Combination
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None
  • Heating Yn: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4700.0
  • Parcel #: 216AdelaideAVPROV
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Lot: 332
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Providence City Of
Bought by
Capital Associates V Rigp
Current Estimated Value
$690,000

Purchase Details

Closed on
Apr 25, 2024
Sold by
Garcia Eleticia
Bought by
Perez Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 11, 2017
Closed on
Jun 22, 2018
Sold by
Omisore Adebowale J
Bought by
Garcia Eleticia
Seller's Agent
Kathy Souza
RE/MAX Preferred
Buyer's Agent
Joshua DeBrossard
Century 21 Visionary Group
List Price
$139,000
Sold Price
$116,500
Premium/Discount to List
-$22,500
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.13%
Original Mortgage
$122,325
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2016
Sold by
Narragansett Bay Commi and Providence Town Of
Bought by
Omisore Adebowale J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Capital Associates V Rigp $7,831 --
Capital Associates V Rigp $7,831 --
Capital Associates V Rigp $7,831 --
Perez Eric $310,000 None Available
Perez Eric $310,000 None Available
Perez Eric $310,000 None Available
Perez Eric $310,000 None Available
Garcia Eleticia $116,500 --
Garcia Eleticia $116,500 --
Garcia Eleticia $116,500 --
Omisore Adebowale J $3,142 --
Omisore Adebowale J $3,142 --
Omisore Adebowale J $3,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Eric $270,000
Previous Owner Garcia Eleticia $122,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $116,500 -16.2% $28 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
09/11/2017 09/11/17 For Sale $139,000 -- $34 / 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 $13,215 $943,900 $121,500 $822,400
2024 $11,140 $607,100 $52,700 $554,400
2023 $11,140 $607,100 $52,700 $554,400
2022 $10,806 $607,100 $52,700 $554,400
2021 $9,124 $371,500 $38,600 $332,900
2020 $9,124 $371,500 $38,600 $332,900
2019 $5,411 $220,300 $38,600 $181,700
2018 $3,231 $101,100 $26,300 $74,800
2017 $3,231 $101,100 $26,300 $74,800
2016 $3,231 $101,100 $26,300 $74,800
2015 $5,475 $165,400 $32,200 $133,200
2014 $5,582 $165,400 $32,200 $133,200
2013 $5,582 $165,400 $32,200 $133,200
Source: Public Records

Agents Affiliated with this Home

  • Kathy Souza

    Seller's Agent in 2018

    Kathy Souza

    RE/MAX Preferred

    (401) 265-4494

    64 Total Sales

    Kathy Souza
    Section Image
  • Joshua DeBrossard

    Buyer's Agent in 2018

    Joshua DeBrossard

    Century 21 Visionary Group

    (401) 347-7410

    2 in this area

    97 Total Sales

    Joshua DeBrossard
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1172971

State-Wide MLS

APN: PROV-520332-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

216 Adelaide Ave Unit 218, Providence, RI

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes