NOT LISTED FOR SALE

38 Atlantic Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $704,000 - $747,502

11 Beds
4 Baths
4,216 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2023

Last sale price $600,000 $142 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,854 / mo

4 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Public Transportation
  • Classical High School Rated A
  • Storage Room
  • Property near a hospital

About This Home

As of July 2023

What a wonderful opportunity to own this 3 big family house, with vinyl siding just installed. This multifamily house features living, dining kitchen, full bathroom and 3 bedrooms on 1st. and 2nd. floor. 3rd floor and attic is combined with living, dining, kitchen, 2 full bathrooms and 5 bedrooms. This house is fully rented, bringing $60,000 a year in rental income. Easy access to route 95 and close to school, hospital, market place and more.

Last Agent to Sell the Property

Gustavo Sanchez

Century 21 AllPoints Realty License #RES.0042320 Listed on: 04/19/2023

Last Buyer's Agent

Cora Zhang

Green Island Realty, Inc. License #RES.0043533

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,865

Year Built

  • Built in 1930

Lot Details

  • 5,093

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,216 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 5,093 Sq Ft Lot
  • Property near a hospital

Community Details

  • 3 Units
  • Public Transportation

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number 38ATLANTICAVPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,865

Year Built

Built in 1930

Lot Details

5,093 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1169
  • Above Grade Finished Sq Ft: 4216.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Brick/Mortar

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5093.0
  • Parcel #: 38ATLANTICAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6865.0
  • Tax Lot: 180
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
Seller's Agent
Gustavo Sanchez
Century 21 AllPoints Realty
Buyer's Agent
Cora Zhang
Green Island Realty, Inc.
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Views
85
Current Estimated Value
$734,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,626
Avg. Annual Appreciation
6.84%
Original Mortgage
$420,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 23, 2019
Closed on
Dec 3, 2019
Sold by
Bought by
Seller's Agent
Jeffrey Mateus
Mateus Realty
Buyer's Agent
Jeffrey Mateus
Mateus Realty
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%
Original Mortgage
$289,656
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Elmwood, RI

  • Charles Marine Real Estate Agent - Heavens Realty

    Charles Marine

    Heavens Realty

    (401) 425-6626

    39 Total Sales

    1 in Elmwood

    $235,000 Price

    Charles Marine
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  • S & O Rhode Island Group Real Estate Agent - Smith and Oak Real Estate Co.

    S & O Rhode Island Group

    Smith and Oak Real Estate Co.

    (401) 592-5919

    73 Total Sales

    1 in Elmwood

    $167,000 Price

    S & O Rhode Island Group
     Section Image
  • Serpa-Nye Team Real Estate Agent - Coldwell Banker Realty

    Serpa-Nye Team

    Coldwell Banker Realty

    (401) 414-3043

    31 Total Sales

    1 in Elmwood

    $550,000 Price

    Serpa-Nye Team
     Section Image
  • Bill Thompson Real Estate Agent - Keller Williams Realty

    Bill Thompson

    Keller Williams Realty

    (508) 501-9429

    204 Total Sales

    1 in Elmwood

    $635,000 Price

    Bill Thompson
     Section Image
  • Jeffrey Infante Real Estate Agent - Real Broker, LLC

    Jeffrey Infante

    Real Broker, LLC

    (401) 992-5012

    97 Total Sales

    7 in Elmwood

    $285K - $1.3M Price Range

    Jeffrey Infante
     Section Image
  • Holly Bronhard Real Estate Agent - eXp Realty LLC

    Holly Bronhard

    eXp Realty LLC

    (774) 713-9403

    113 Total Sales

    2 in Elmwood

    $175,000 Price Range

    Holly Bronhard
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 None Available
$295,000 None Available
$65,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $473,200
Closed $420,000
Previous Owner $289,656
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Sold $600,000 0.0% $142 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $599,900 +103.4% $142 / Sq Ft
12/20/2019 12/20/19 Sold $295,000 +1.8% $43 / Sq Ft View Prior Sale
11/20/2019 11/20/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $289,900 -- $42 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,787 $699,100 $121,600 $577,500
2024 $7,078 $385,700 $52,700 $333,000
2023 $7,078 $385,700 $52,700 $333,000
2022 $6,865 $385,700 $52,700 $333,000
2021 $5,747 $234,000 $38,700 $195,300
2020 $5,747 $234,000 $38,700 $195,300
2019 $5,747 $234,000 $38,700 $195,300
2018 $4,909 $153,600 $26,400 $127,200
2017 $4,909 $153,600 $26,400 $127,200
2016 $4,909 $153,600 $26,400 $127,200
2015 $4,323 $130,600 $32,300 $98,300
2014 $4,408 $130,600 $32,300 $98,300
2013 $4,408 $130,600 $32,300 $98,300
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Sanchez Real Estate Agent - Century 21 AllPoints Realty

    Seller's Agent in 2023

    Gustavo Sanchez

    Century 21 AllPoints Realty

    (401) 521-9490

    12 in this area

    119 Total Sales

    Gustavo Sanchez
    Section Image
  • Cora Zhang Real Estate Agent - Green Island Realty, Inc.

    Buyer's Agent in 2023

    Cora Zhang

    Green Island Realty, Inc.

    (857) 320-8888

    1 in this area

    60 Total Sales

    Cora Zhang
    Section Image
  • Jeffrey Mateus Real Estate Agent - Mateus Realty

    Seller's Agent in 2019

    Jeffrey Mateus

    Mateus Realty

    (401) 447-9459

    400 Total Sales

    Jeffrey Mateus
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333728

State-Wide MLS

APN: PROV-530180-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

38 Atlantic Ave, Providence, RI

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.
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