Seller's Agent in 2024
Qinglu Zhu
Coastline Realty LLC
(917) 285-4007
9 in this area
90 Total Sales
340 Orms St Providence, RI 02908
Smith Hill NeighborhoodEstimated Value: $566,000 - $582,000
9
Beds
4.5
Baths
3,458
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- 2-minute walk to Candace Street Park
About This Home
As of September 2024Investor Alert! Don't miss this massive three-family property located right on the edge of downtown Providence. Boasting a prime location, it's just a 5-minute drive to the downtown mall, train station, and more. Each spacious unit offers almost 1,400 sq. ft. with three bedrooms and a double parlor. The first floor includes one and a half baths, the second floor features one bath, and the third floor boasts two full baths. The roof is replace last year. This property is a fantastic investment opportunity in a highly convenient location.
Last Agent to Sell the Property
Coastline Realty LLC License #REC.0018933 Listed on: 06/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,151
Year Built
- Built in 1880
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Shingle Siding
Interior Spaces
- 3,458 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
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
- Gas Water Heater
Community Details
- 3 Units
- Smith Hill/ Pc Subdivision
Listing and Financial Details
- Tax Lot 337
- Assessor Parcel Number 340ORMSSTPROV
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2024
Closed on
Sep 13, 2024
Sold by
Ri Invest J Llc
Bought by
Gomes Maria C and Xavier Francisco
Seller's Agent
Qinglu Zhu
Coastline Realty LLC
Buyer's Agent
Isabel Amado
SD Realty Associates
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%
Views
35
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
$23,213
Avg. Annual Appreciation
3.79%
Original Mortgage
$522,500
Outstanding Balance
$516,427
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,786
Purchase Details
Closed on
Mar 23, 2022
Sold by
Zhang Jinxing
Bought by
Rl Invest J Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2019
Sold by
Shao Yongkui E
Bought by
Zhang Jinxing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2014
Closed on
Oct 31, 2014
Sold by
John P Vallante Ret and Vallante Margaeret E
Bought by
Shao Yongkui E
Seller's Agent
Mike Mita
Flagship Real Estate Advisors
Buyer's Agent
Olivia Ma
Maxwell Realty
List Price
$100,000
Sold Price
$111,000
Premium/Discount to List
$11,000
11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$83,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomes Maria C | $550,000 | None Available | |
| Gomes Maria C | $550,000 | None Available | |
| Rl Invest J Llc | -- | None Available | |
| Rl Invest J Llc | -- | None Available | |
| Zhang Jinxing | $290,000 | None Available | |
| Zhang Jinxing | $290,000 | None Available | |
| Shao Yongkui E | $111,000 | -- | |
| Shao Yongkui E | $111,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gomes Maria C | $522,500 | |
| Closed | Gomes Maria C | $522,500 | |
| Previous Owner | Rl Invest J Llc | $318,750 | |
| Previous Owner | Zhang Jinxing | $232,000 | |
| Previous Owner | Shao Yongkui E | $83,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $550,000 | +2.0% | $159 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 07/03/2024 07/03/24 | Price Changed | $539,000 | -3.6% | $156 / Sq Ft | |
| 06/18/2024 06/18/24 | For Sale | $559,000 | +403.6% | $162 / Sq Ft | |
| 10/31/2014 10/31/14 | Sold | $111,000 | +11.0% | $32 / Sq Ft | View Prior Sale |
| 10/01/2014 10/01/14 | Pending | -- | -- | -- | |
| 09/08/2014 09/08/14 | For Sale | $100,000 | -- | $29 / 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 |
|---|---|---|---|---|
| 2025 | $4,079 | $540,300 | $144,500 | $395,800 |
| 2024 | $6,151 | $335,200 | $68,200 | $267,000 |
| 2023 | $6,151 | $335,200 | $68,200 | $267,000 |
| 2022 | $5,967 | $335,200 | $68,200 | $267,000 |
| 2021 | $4,600 | $187,300 | $34,100 | $153,200 |
| 2020 | $4,600 | $187,300 | $34,100 | $153,200 |
| 2019 | $4,600 | $187,300 | $34,100 | $153,200 |
| 2018 | $4,142 | $129,600 | $36,600 | $93,000 |
| 2017 | $4,142 | $129,600 | $36,600 | $93,000 |
| 2016 | $4,142 | $129,600 | $36,600 | $93,000 |
| 2015 | $3,992 | $120,600 | $47,900 | $72,700 |
| 2014 | $4,070 | $120,600 | $47,900 | $72,700 |
| 2013 | $4,070 | $120,600 | $47,900 | $72,700 |
Source: Public Records
Agents Affiliated with this Home
-
Qinglu Zhu
-
Isabel Amado
I
Buyer's Agent in 2024
Isabel Amado
SD Realty Associates
(401) 864-4010
1 in this area
32 Total Sales
-
Mike Mita
Seller's Agent in 2014
Mike Mita
Flagship Real Estate Advisors
(401) 447-3860
79 Total Sales
-
Olivia Ma
O
Buyer's Agent in 2014
Olivia Ma
Maxwell Realty
(401) 454-9050
26 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1361890
APN: PROV-670337-000000-000000
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