NOT LISTED FOR SALE

316 Orms St Providence, RI 02908

Smith Hill Neighborhood

Estimated Value: $558,000 - $660,000

6 Beds
3 Baths
3,681 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $287,000 $78 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,515/month

21 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Security System Owned
  • Attic
  • Bathtub with Shower
  • 1-minute walk to Candace Street Park

About This Home

As of June 2018

Legal two unit that also has a third unit on the third floor and also additional finished space with kitchen and bathroom in basement that is not currently occupied. Plenty of off street parking and conveniently located in Providences Smith Hill section, this property offers rental income for a Savy investor or reduced living expenses for an owner occupant. This property is equipped with solar panels to keep those electric bills in check. Panel lease to be transferred to the new owner. Property to be sold as is, cash, private funding or hard money.

Last Agent to Sell the Property

Justin Russillo

Churchill & Banks Co., LLC License #RES.0042588 Listed on: 04/23/2018

Last Buyer's Agent

Jason Gelfuso

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,448

Home Design

  • Combination Foundation
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 3,681 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 3,448 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 316ORMSSTPROV

Community Details

Overview

  • 4 Units
  • Smith Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: Smith Hill
  • Above Grade Finished Sq Ft: 3681.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3448.0
  • Parcel #: 316ORMSSTPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2101384.0
  • Tax Lot: 85
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 15, 2018
Sold by
Semedo Ilda C
Bought by
Snook Matthew
Seller's Agent
Justin Russillo
Churchill & Banks Co., LLC
Buyer's Agent
Jason Gelfuso
List Price
$279,900
Sold Price
$287,000
Premium/Discount to List
$7,100
2.54%
Current Estimated Value
$610,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,271
Avg. Annual Appreciation
10.46%
Original Mortgage
$281,801
Outstanding Balance
$243,197
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$367,074

Purchase Details

Closed on
May 11, 1998
Sold by
Hobbs Walter R and Hobbs Joan
Bought by
Semedo Ilda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Snook Matthew $287,000 --
Semedo Ilda C $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snook Matthew $281,801
Previous Owner Semedo Ilda C $154,000
Previous Owner Semedo Ilda C $87,700
Previous Owner Semedo Ilda C $81,200
Previous Owner Semedo Ilda C $58,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Pending -- -- --
12/01/2025 12/01/25 For Sale $400,000 +39.4% $174 / Sq Ft
06/14/2018 06/14/18 Sold $287,000 +2.5% $78 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $279,900 -- $76 / 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 $3,872 $512,800 $143,400 $369,400
2024 $6,030 $328,600 $67,700 $260,900
2023 $6,030 $328,600 $67,700 $260,900
2022 $5,849 $328,600 $67,700 $260,900
2021 $5,489 $223,500 $33,400 $190,100
2020 $5,489 $223,500 $33,400 $190,100
2019 $5,489 $223,500 $33,400 $190,100
2018 $3,573 $111,800 $35,900 $75,900
2017 $3,573 $111,800 $35,900 $75,900
2016 $3,573 $111,800 $35,900 $75,900
2015 $3,515 $106,200 $46,900 $59,300
2014 $3,584 $106,200 $46,900 $59,300
2013 $3,584 $106,200 $46,900 $59,300
Source: Public Records

Agents Affiliated with this Home

  • Jason Gelfuso

    Seller's Agent in 2025

    Jason Gelfuso

    J. Christopher Real Estate Grp

    (401) 250-3603

    102 Total Sales

    Jason Gelfuso
    Section Image

  • J

    Seller's Agent in 2018

    Justin Russillo

    Churchill & Banks Co., LLC

    (401) 226-4488

    36 Total Sales

    Justin Russillo
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1188483

State-Wide MLS

APN: PROV-670085-000000-000000

Rhode Island Providence County Providence 02908 Smith Hill

316 Orms St, Providence, RI

Not Listed for Sale

MultiFamily

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