238 Orms St Providence, RI 02908
Smith Hill Neighborhood
6
Beds
3
Baths
2,800
Sq Ft
3,485
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- 1-minute walk to Candace Street Park
About This Home
As of January 2025Exceptional Multi Unit 2-Family property! Home is the perfect addition to any investors portfolio. The first unit features 2 bedrooms and 1 bath, while the second upstairs unit boasts an impressive 4 bedroom, 2 bath to accommodate a range of tenants. Unit 1 is currently vacant while unit 2 is occupied with a lease in place for stable income. The off street parking for the tenants fits up to 4 cars to ensure convenience. Front porches for both units to enjoy outdoors. This dual unit is an ideal income generating property for someone who is looking to start their real estate portfolio! Don't miss this opportunity to own a piece of Providence's vibrant real estate market.
Last Agent to Sell the Property
Century 21 The Seyboth Team License #REC.0005226 Listed on: 09/30/2024
Last Buyer's Agent
Kyle Seyboth
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,679
Year Built
- Built in 1920
Lot Details
- 3,485 Sq Ft Lot
Home Design
- 2,800 Sq Ft Home
- Vinyl Siding
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 757
- Assessor Parcel Number 238ORMSSTPROV
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2024
Closed on
Jan 14, 2025
Sold by
All Day Real Estate Llc
Bought by
Hernandez-Gonzalez C A C and Hernandez-Gonzalez L J
Seller's Agent
Kyle Seyboth
Century 21 The Seyboth Team
Buyer's Agent
Kyle Seyboth
List Price
$525,000
Sold Price
$525,000
Total Days on Market
35
Views
31
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
$2,755
Avg. Annual Appreciation
1.35%
Original Mortgage
$515,490
Outstanding Balance
$514,135
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$13,620
Purchase Details
Listed on
Nov 2, 2023
Closed on
Apr 30, 2024
Sold by
Imperial Res Const Corp
Bought by
All Day Real Estate Llc
Seller's Agent
Kyle Seyboth
Century 21 The Seyboth Team
Buyer's Agent
Kyle Seyboth
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
115
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.63%
Original Mortgage
$293,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 12, 2015
Closed on
May 3, 2016
Sold by
Cronin James F
Bought by
Imperial Restoratn Con
Seller's Agent
Greg Dantas
RI Real Estate Services
Buyer's Agent
Edward Pellegrino
BHHS Pinnacle Realty
List Price
$109,900
Sold Price
$72,000
Premium/Discount to List
-$37,900
-34.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.91%
Original Mortgage
$50,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2011
Sold by
Patalano Investments L
Bought by
Cronin Marie C Est
Similar Homes in Providence, RI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $525,000 | None Available | |
| Warranty Deed | $345,000 | None Available | |
| Warranty Deed | $345,000 | None Available | |
| Warranty Deed | $72,000 | -- | |
| Warranty Deed | $72,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,490 | FHA | |
| Closed | $15,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $293,750 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $119,000 | Unknown | |
| Previous Owner | $85,915 | Unknown | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $40,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | Sold | $525,000 | 0.0% | $188 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | For Sale | $525,000 | +40.0% | $188 / Sq Ft |
| 05/01/2024 05/01/24 | Sold | $375,000 | -16.7% | $179 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $450,000 | +525.0% | $215 / Sq Ft |
| 05/03/2016 05/03/16 | Sold | $72,000 | -34.5% | $34 / Sq Ft |
| 04/03/2016 04/03/16 | Pending | -- | -- | -- |
| 11/12/2015 11/12/15 | For Sale | $109,900 | -- | $52 / Sq Ft |
Source: State-Wide MLS
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 |
|---|---|---|---|---|
| 2024 | $5,679 | $309,500 | $60,700 | $248,800 |
| 2023 | $5,679 | $309,500 | $60,700 | $248,800 |
| 2022 | $5,509 | $309,500 | $60,700 | $248,800 |
| 2021 | $4,964 | $202,100 | $29,900 | $172,200 |
| 2020 | $4,964 | $202,100 | $29,900 | $172,200 |
| 2019 | $4,964 | $202,100 | $29,900 | $172,200 |
| 2018 | $4,391 | $137,400 | $32,100 | $105,300 |
| 2017 | $4,391 | $137,400 | $32,100 | $105,300 |
| 2016 | $4,391 | $137,400 | $32,100 | $105,300 |
| 2015 | $3,188 | $96,300 | $42,000 | $54,300 |
| 2014 | $2,518 | $74,600 | $42,000 | $32,600 |
| 2013 | $2,518 | $74,600 | $42,000 | $32,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Seyboth
Seller's Agent in 2025
Kyle Seyboth
Century 21 The Seyboth Team
(508) 726-3492
21 in this area
1,905 Total Sales
-
Greg Dantas
Seller's Agent in 2016
Greg Dantas
RI Real Estate Services
(401) 742-3329
138 Total Sales
-
Edward Pellegrino
E
Buyer's Agent in 2016
Edward Pellegrino
BHHS Pinnacle Realty
(401) 255-0805
16 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1369825
APN: PROV-680757-000000-000000
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