40 Grotto Ave Providence, RI 02906
Blackstone Neighborhood
4
Beds
3.5
Baths
4,765
Sq Ft
0.28
Acres
Highlights
- Home Theater
- Colonial Architecture
- Marble Flooring
- 0.28 Acre Lot
- Deck
- 4-minute walk to Blackstone Boulevard Park
About This Home
As of July 2023Nestled in the heart of Providence's most sought-after neighborhoods, this stunning property offers an unparalleled blend of classic charm and modern elegance. Located on a peaceful tree-lined street, this true gem boasts exceptional craftsmanship and thoughtful design throughout. As you approach, you'll immediately be captivated by its stately presence and beautifully manicured landscaping. The exterior features a combination of brick and clapboard siding, exuding a timeless appeal that seamlessly blends with the surrounding architectural aesthetics. Step inside, and you'll be greeted by a foyer that sets the tone for the luxurious living experience that connects the living, dining, and kitchen areas, creating an ideal space for both intimate gatherings and entertaining. The chef-inspired kitchen offers a center island that serves as the perfect focal point for culinary adventures and will undoubtedly become the heart of the home. The second level offers a luxurious master suite that features a spacious bedroom, a walk-in closet, and an exquisite en-suite bathroom. 3 additional bedrooms and another 2 full bathrooms complete the upper levels, providing ample space for family or guests. The expansive backyard is a private sanctuary, boasting a tranquil patio area, and plenty of space for outdoor recreation and relaxation. It's the perfect place to host unforgettable summer gatherings. Easy access to Providence's vibrant downtown area and renowned educational institutions.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0041513 Listed on: 05/31/2023
Last Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,970
Year Built
- Built in 1900
Lot Details
- 0.28 Acre Lot
- Fenced
Parking
- 2 Car Detached Garage
- Carport
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 3-Story Property
- 3 Fireplaces
- Marble Fireplace
- Fireplace Features Masonry
- Thermal Windows
- Home Theater
- Storage Room
- Attic
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Cedar Closet
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Storm Windows
- Storm Doors
Accessible Home Design
- Accessible Full Bathroom
- Accessible Hallway
- Accessible Doors
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Central Air
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 194
- Assessor Parcel Number 40GROTTOAVPROV
Community Details
Overview
- Grotto Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Jun 7, 2023
Sold by
Henson Patrick R and Parker Cassandra S
Bought by
Bever Ivers and Bever Witherby H
Seller's Agent
Tom Wegner
Residential Properties Ltd.
Buyer's Agent
Geraldine Schiffman
Residential Properties, Ltd.
List Price
$1,645,000
Sold Price
$1,725,000
Premium/Discount to List
$80,000
4.86%
Views
69
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
$337,624
Avg. Annual Appreciation
9.91%
Purchase Details
Listed on
Aug 18, 2016
Closed on
Jun 2, 2017
Sold by
Potsidis George
Bought by
Henson Patrick R and Parker Casandra S
Seller's Agent
Bryan McKeen
Geo Properties, Inc.
Buyer's Agent
Tom Wegner
Residential Properties Ltd.
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$920,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 7, 2005
Sold by
Moeller Robert C
Bought by
Potsidis George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 | $1,725,000 | None Available | |
| Warranty Deed | $1,150,000 | -- | |
| Deed | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $463,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $242,300 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $920,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $442,500 | No Value Available | |
| Previous Owner | $350,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2023 07/06/23 | Sold | $1,725,000 | +4.9% | $362 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $1,645,000 | +43.0% | $345 / Sq Ft |
| 06/02/2017 06/02/17 | Sold | $1,150,000 | -3.8% | $270 / Sq Ft |
| 05/03/2017 05/03/17 | Pending | -- | -- | -- |
| 08/18/2016 08/18/16 | For Sale | $1,195,000 | -- | $281 / 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 | $22,435 | $1,222,600 | $427,800 | $794,800 |
| 2023 | $22,435 | $1,222,600 | $427,800 | $794,800 |
| 2022 | $21,762 | $1,222,600 | $427,800 | $794,800 |
| 2021 | $24,538 | $999,100 | $345,700 | $653,400 |
| 2020 | $24,361 | $991,900 | $345,700 | $646,200 |
| 2019 | $24,361 | $991,900 | $345,700 | $646,200 |
| 2018 | $22,609 | $707,400 | $296,700 | $410,700 |
| 2017 | $22,609 | $707,400 | $296,700 | $410,700 |
| 2016 | $22,609 | $707,400 | $296,700 | $410,700 |
| 2015 | $22,518 | $680,300 | $314,200 | $366,100 |
| 2014 | $22,960 | $680,300 | $314,200 | $366,100 |
| 2013 | $22,960 | $680,300 | $314,200 | $366,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Tom Wegner
Residential Properties Ltd.
(401) 245-9600
4 in this area
98 Total Sales
-
G
Buyer's Agent in 2023
Geraldine Schiffman
Residential Properties, Ltd.
-
G
Buyer's Agent in 2023
Gerri Schiffman
Residential Properties Ltd.
109 in this area
298 Total Sales
-
B
Seller's Agent in 2017
Bryan McKeen
Geo Properties, Inc.
Map
Source: State-Wide MLS
MLS Number: 1336260
APN: PROV-410194-000000-000000
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