NOT LISTED FOR SALE

51 Atlantic Ave Providence, RI 02907

Elmwood Neighborhood

Estimated Value: $453,786 - $558,000

5 Beds
2 Baths
1,692 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $465,000 $275 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,996/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Storage Room
  • Restaurant

About This Home

As of September 2023

Welcome to this very nice two family house, conveniently located close to almost everything. In moving condition, this home features living, kitchen, full bath and 3 bedrooms. 2nd. floor features living, kitchen, full bath and 2 bedrooms. New kitchens, new bathrooms, hardwood flooring, freshly painted, vinyl siding, new roof, car garage, plenty of parking and a lot more. Come by and pay a visit to this home, suitable for investment or owner occupied, and you won't be disappointed.

Last Agent to Sell the Property

Gustavo Sanchez

C-21 Butterman & Kryston License #RES.0042320 Listed on: 08/15/2023

Last Buyer's Agent

DefniJohanna Cruz Palma

Real Broker, LLC License #RES.0044654

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1930

Lot Details

  • 4,000

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Additional Features

  • 4,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 454
  • Assessor Parcel Number 51ATLANTICAVPROV

Community Details

Overview

  • 2 Units

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0918
  • Above Grade Finished Sq Ft: 1692.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • 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, Recreation Area, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 51ATLANTICAVPROV
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4280.0
  • Tax Lot: 454
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 29, 2023
Sold by
E & E Pro Llc
Bought by
Polanco Luis M and Guzman Rosario
Seller's Agent
Gustavo Sanchez
C-21 Butterman & Kryston
Buyer's Agent
DefniJohanna Cruz Palma
Real Broker, LLC
List Price
$449,900
Sold Price
$465,000
Premium/Discount to List
$15,100
3.36%
Views
58
Current Estimated Value
$519,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,697
Avg. Annual Appreciation
5.49%
Original Mortgage
$456,577
Outstanding Balance
$447,127
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$72,570

Purchase Details

Closed on
May 27, 2023
Sold by
Gonzalez Yeison O
Bought by
E And E Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2023
Sold by
Villalona Diogene
Bought by
Gonzalez Ferreira Y O

Purchase Details

Closed on
Nov 10, 2022
Sold by
Villalona Rudy B
Bought by
Villalona Diogene

Purchase Details

Closed on
Nov 8, 2022
Sold by
Villalona Marcial
Bought by
Villalona Rudy B

Purchase Details

Closed on
Apr 22, 2002
Sold by
Juris Realty Assoc
Bought by
Villalon Marcial

Purchase Details

Closed on
Aug 4, 2000
Sold by
Juris Realty Assoc
Bought by
Alcantara Rafael

Purchase Details

Closed on
Mar 1, 2000
Sold by
Norwest Bank
Bought by
Juris Realty Assoc

Purchase Details

Closed on
Aug 25, 1994
Sold by
Darelius Gail
Bought by
Caba Freddy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Polanco Luis M $465,000 None Available
E And E Properties Llc $275,000 None Available
Gonzalez Ferreira Y O -- None Available
Villalona Diogene -- None Available
Villalona Rudy B -- None Available
Villalon Marcial $90,000 --
Alcantara Rafael $59,000 --
Juris Realty Assoc $36,500 --
Caba Freddy $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polanco Luis M $456,577
Previous Owner E And E Properties Llc $295,000
Previous Owner Caba Freddy $192,500
Previous Owner Caba Freddy $166,500
Previous Owner Caba Freddy $111,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $465,000 +3.4% $275 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $449,900 -- $266 / 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 $3,314 $439,000 $120,000 $319,000
2024 $4,241 $231,100 $52,000 $179,100
2023 $4,241 $231,100 $52,000 $179,100
2022 $4,114 $231,100 $52,000 $179,100
2021 $3,239 $131,900 $36,600 $95,300
2020 $3,239 $131,900 $36,600 $95,300
2019 $3,239 $131,900 $36,600 $95,300
2018 $3,004 $94,000 $24,900 $69,100
2017 $3,004 $94,000 $24,900 $69,100
2016 $3,004 $94,000 $24,900 $69,100
2015 $2,913 $88,000 $30,500 $57,500
2014 $2,970 $88,000 $30,500 $57,500
2013 $2,970 $88,000 $30,500 $57,500
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Sanchez

    Seller's Agent in 2023

    Gustavo Sanchez

    C-21 Butterman & Kryston

    (401) 521-9490

    14 in this area

    123 Total Sales

    Gustavo Sanchez
    Section Image

  • D

    Buyer's Agent in 2023

    DefniJohanna Cruz Palma

    Real Broker, LLC

    (401) 450-7200

    3 in this area

    31 Total Sales

    DefniJohanna Cruz Palma
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1341753

State-Wide MLS

APN: PROV-530454-000000-000000

Rhode Island Providence County Providence 02907 Elmwood

51 Atlantic Ave, Providence, RI

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