NOT LISTED FOR SALE

310 Orms St Providence, RI 02908

Smith Hill Neighborhood

Estimated Value: $489,159 - $670,000

6 Beds
3 Baths
4,734 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $375,000 $79 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,558/month

55 Days on Market

Highlights

  • Wood Flooring
  • Utility Room
  • 1-minute walk to Candace Street Park
  • Forced Air Heating System

About This Home

As of August 2022

Large 3-family in the heart of Smith Hill with amazing views of downtown and the state capitol. Each unit is very large (approx 1100 sq ft) and includes a double parlor with two bedrooms and a full bath. These double-parlor apartments could easily be converted to 3 bedrooms. The first floor apartment is newly renovated with new kitchen, bath, flooring, windows etc..; vacant and ready for you to owner occupy or rent for estimated $1450 per month or more. The 2nd and 3rd floors are occupied tenants at will. The first and 2nd floors have forced air heating systems and the 3rd floor utilizes a space heater. Tenants pay own utilities. This great home has a newer roof, some new windows, new hot water tank, front porches removed and repaired, new vinyl siding on front of home. This home does not have off-street parking but plenty of on-street parking in the area because vacant lot adjacent to home. This property will meet FHA standards and is fully fire code compliant with hardwired smokes and cos. Room for value-add by increasing bedroom count, improving hallways, basement etc.

Last Agent to Sell the Property

Prem Prop RI Team

Premier Properties RI Listed on: 05/31/2022

Last Buyer's Agent

Catherine Wright

Century 21 Limitless License #RES.0042514

Century 21 Limitless

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1895

Lot Details

  • 3,659 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 4,734 Sq Ft Home
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Smith Hill Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 310ORMSSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,856

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.084
  • Subdivision Name: Smith Hill
  • Above Grade Finished Sq Ft: 4734.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1895
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Dining Room Type: Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Other, Shingle Siding, Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3659.0
  • Parcel #: 310ORMSSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4856.0
  • Tax Lot: 86
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 12, 2022
Sold by
Smith Hill Apartments Llc
Bought by
Henen Jaklin and Soliman Melad
Seller's Agent
Prem Prop RI Team
Premier Properties RI
Buyer's Agent
Catherine Wright
Century 21 Limitless
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$563,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,790
Avg. Annual Appreciation
9.43%
Original Mortgage
$300,000
Outstanding Balance
$289,100
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,515

Purchase Details

Closed on
Dec 16, 2021
Sold by
Collins Edward J and Collins Pamela A
Bought by
Smith Hl Apartmentws Llc

Purchase Details

Closed on
Oct 3, 1994
Sold by
Murray John J and Lemeshka Patricia A
Bought by
Collins Edward J and Collins Pamela
Source: Public Records

Range of Values:

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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
Henen Jaklin $375,000 None Available
Smith Hl Apartmentws Llc $265,000 None Available
Collins Edward J $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henen Jaklin $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $375,000 -1.1% $79 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $379,000 -2.6% $80 / Sq Ft
05/31/2022 05/31/22 For Sale $389,000 -- $82 / 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
2024 $5,900 $321,500 $67,700 $253,800
2023 $5,900 $321,500 $67,700 $253,800
2022 $5,319 $298,800 $67,700 $231,100
2021 $4,856 $197,700 $33,400 $164,300
2020 $4,856 $197,700 $33,400 $164,300
2019 $4,856 $197,700 $33,400 $164,300
2018 $4,260 $133,300 $35,900 $97,400
2017 $4,260 $133,300 $35,900 $97,400
2016 $4,260 $133,300 $35,900 $97,400
2015 $4,055 $122,500 $46,900 $75,600
2014 $4,134 $122,500 $46,900 $75,600
2013 $4,134 $122,500 $46,900 $75,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Prem Prop RI Team

    Premier Properties RI

    Section Image
  • Catherine Wright

    Buyer's Agent in 2022

    Catherine Wright

    Century 21 Limitless

    (570) 856-3436

    2 in this area

    235 Total Sales

    Catherine Wright
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1311594

State-Wide MLS

APN: PROV-670086-000000-000000

Rhode Island Providence County Providence 02908 Smith Hill

310 Orms St, Providence, RI

This home is located at 310 Orms St, Providence, RI 02908 since 31 May 2022 and is currently estimated at $563,790, approximately $119 per square foot. This property was built in 1895. 310 Orms St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Veazie Street Elementary School.

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