Seller's Agent in 2025
Kyle Seyboth
Century 21 Limitless
(508) 726-3492
21 in this area
1,793 Total Sales
407 Orms St Providence, RI 02908
Smith Hill Neighborhood
0.09
Acre
$2,531,646
Price per Acre
4,128
Sq Ft Lot
Highlights
- Level Lot
- Classical High School Rated A
- 4-minute walk to Candace Street Park
About This Lot
As of December 2025Rare opportunity to own a vacant lot with ADU potential in the heart of Providence, RI perfect for investors, builders, or developers. This property offers endless potential with R3 zoning, allowing the construction of your dream 2- or 3-family home. Survey and site plans are already in hand, saving valuable time and effort as you move forward with your project. Situated in a prime location close to major highways, schools, shopping, and local amenities, this lot combines convenience with strong investment potential. Whether you're looking to build a new income-producing property or design a custom residence, this site provides the flexibility to make it happen. Opportunities like this are rare in Providence don't miss your chance to capitalize on this ready-to-go parcel in one of the city's most accessible and growing areas. A fantastic investment with great long-term value and development possibilities.
Last Agent to Sell the Property
Century 21 Limitless License #REC.0005226 Listed on: 11/05/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,275
Lot Details
- 4,128 Sq Ft Lot
- Level Lot
- Finished Lot(s)
- Property is zoned Multi-Family
Listing and Financial Details
- Tax Lot 002
- Assessor Parcel Number 407ORMSSTPROV
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2025
Closed on
Dec 9, 2025
Sold by
Vargas Holdings Llc
Bought by
Maxton Investments Llc
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Samuel A. Albert
Innovations Realty
List Price
$240,000
Sold Price
$240,000
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,146
Purchase Details
Closed on
Jun 2, 2025
Sold by
Alpha Holdings Llc
Bought by
Vargas Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2025
Sold by
Howard Leona F and Deutsche Bk Natl Tco
Bought by
Alpha Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 1989
Sold by
Phouthakhoun T S
Bought by
Howard Leona F
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 | $240,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Foreclosure Deed | $138,000 | None Available | |
| Foreclosure Deed | $138,000 | None Available | |
| Foreclosure Deed | $138,000 | None Available | |
| Warranty Deed | $79,000 | -- | |
| Warranty Deed | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | Purchase Money Mortgage | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $7,379 | No Value Available | |
| Previous Owner | $189,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $240,000 | 0.0% | $186 / Sq Ft |
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $240,000 | -- | $186 / 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 | $4,275 | $292,800 | $144,300 | $148,500 |
| 2024 | $3,791 | $206,600 | $68,100 | $138,500 |
| 2023 | $3,791 | $206,600 | $68,100 | $138,500 |
| 2022 | $3,677 | $206,600 | $68,100 | $138,500 |
| 2021 | $3,139 | $127,800 | $33,800 | $94,000 |
| 2020 | $3,139 | $127,800 | $33,800 | $94,000 |
| 2019 | $3,139 | $127,800 | $33,800 | $94,000 |
| 2018 | $3,202 | $100,200 | $36,300 | $63,900 |
| 2017 | $3,202 | $100,200 | $36,300 | $63,900 |
| 2016 | $3,202 | $100,200 | $36,300 | $63,900 |
| 2015 | $3,380 | $102,100 | $47,500 | $54,600 |
| 2014 | $3,446 | $102,100 | $47,500 | $54,600 |
| 2013 | $3,446 | $102,100 | $47,500 | $54,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Seyboth
-
Samuel A. Albert
Buyer's Agent in 2025
Samuel A. Albert
Innovations Realty
(401) 326-4900
12 in this area
238 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1399573
APN: PROV-670002-000000-000000
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