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137 Grotto Avenue, Providence, RI, 02906 | $4,350,000
Welcome to the Frank Mauran Jr. House, a distinguished masterpiece of architectural design nestled in the coveted Grotto area of the East Side of Providence. This rare property, originally constructed in 1929, stands as the sole RI commission of the renowned Philadelphia architect Edmund Gilchrist, celebrated for his exceptional work in the Georgian Revival style. Spanning over 7, 000 sq. ft, this light-filled home offers an unparalleled blend of historical elegance and modern luxury. Step inside to discover the stunning great room, featuring a soaring ceiling inspired by the iconic Michael Graves. The space is complemented by a wall of French doors leading to a patio and a spacious, private yard. The estate boasts 7 spacious bedrooms, 5 full baths, and 2 half baths, providing ample accommodation for family and guests. The formal dining room and the inviting library, each adorned with French doors, offer direct access to the manicured garden. The home features an indoor lap pool, perfect for year-round enjoyment. Additionally, a 2019 copper roof adds both aesthetic beauty and enduring quality. The expansive one-acre grounds are a park-like oasis, offering tranquility and privacy in a lush, verdant setting bordering the Seekonk River. Enjoy the vibrant East Side lifestyle, with close proximity to shops, restaurants, and private schools. Benefit from easy commuting to Boston via commuter rail, close to Brown U and RISD, downtown Providence, and its cultural attractions.
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Other,Public Transportation,Recreation Area,Restaurant,Shopping,See Remarks,Tennis Court(s),Sidewalks
- Rooms: 16
- Bedrooms: 7
- Baths: 5 full / 2 half
- Style: Colonial,Historic/Antique
- Year Built: 1929
- Garage: 2-car Garage Door Opener
- Heating: Central,Gas,Steam
- Cooling: Central Air,Ductless
- Basement: Full,Unfinished,Walk-Out Access
- Approx Sq. Feet: 7,862
- Acreage: 1.03
- Est. Taxes: $68,513
- Lot Desc: Sprinkler System,Wooded,Waterfront
- View: Saltwater,Water
- Appliances: Dryer,Dishwasher,Disposal,Gas Water Heater,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1364537
- Website: https://www.raveis.com
/eprop/1364537/137grottoavenue_providence_ri?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
137 Grotto Avenue, Providence, RI, 02906
$4,350,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,480,000 | $3,480,000 | $3,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
| Monthly Tax Payment | $5,709 | $5,709 | $5,709 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,759 | $21,427 | $28,898 |
| Total Monthly Payment | $25,593 | $27,261 | $34,732 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB