NOT LISTED FOR SALE

1046 Cranston St Unit 1048 Cranston, RI 02920

Arlington Neighborhood

Estimated Value: $458,185 - $682,000

5 Beds
3 Baths
4,681 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $263,000 $56 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,552/month

81 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceramic Tile Flooring
  • Baseboard Heating
  • Bathtub with Shower

About This Home

As of August 2018

Great investment or owner occupied.. Fantastic rental history with below market rents that could increase. No leases. Two Car Garage for additional income. Most systems are newer including heat and hot water, newer roof, windows and siding. On the bus line with easy access to I-95 North and South.

Last Agent to Sell the Property

Allen Gammons

BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 05/01/2018

BHHS  Commonwealth Real Estate

Co-Listed By

Tyler Gammons

BHHS Commonwealth Real Estate License #RES.0035750

Last Buyer's Agent

Helene Dominguez

D'Empire Real Estate LLC License #REB.0019144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1894

Lot Details

  • 5,743 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,681 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Community Details

  • 4 Units
  • Cranston Street Subdivision

Listing and Financial Details

  • Tax Lot 2372
  • Assessor Parcel Number 10461048CRANSTONSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,244

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1318
  • Co List Office Mls Id: BKSH
  • Co List Office Phone: 401-886-6100
  • Subdivision Name: Cranston Street
  • Above Grade Finished Sq Ft: 4681.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1894
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5743.0
  • Parcel #: 10461048CRANSTONSTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3244.0
  • Tax Lot: 2372
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 21, 2018
Sold by
Lns Realty Inc
Bought by
Polanco-Martinez A S
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Helene Dominguez
D'Empire Real Estate LLC
List Price
$259,900
Sold Price
$263,000
Premium/Discount to List
$3,100
1.19%
Current Estimated Value
$576,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,546
Avg. Annual Appreciation
11.64%
Original Mortgage
$258,236
Outstanding Balance
$223,624
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$352,922

Purchase Details

Closed on
Jul 29, 1998
Sold by
Lgs Realty Inc
Bought by
Lns Realty Inc
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-Martinez A S $263,000 --
Lns Realty Inc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lns Realty Inc $258,236
Previous Owner Lns Realty Inc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $263,000 +1.2% $56 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $259,900 -- $56 / 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
2024 $5,795 $425,800 $54,200 $371,600
2023 $4,485 $237,300 $17,000 $220,300
2022 $4,392 $237,300 $17,000 $220,300
2021 $4,271 $237,300 $17,000 $220,300
2020 $4,125 $198,600 $17,000 $181,600
2019 $4,125 $198,600 $17,000 $181,600
2018 $4,030 $198,600 $17,000 $181,600
2017 $3,244 $141,400 $17,000 $124,400
2016 $3,174 $141,400 $17,000 $124,400
2015 $3,174 $141,400 $17,000 $124,400
2014 $2,718 $119,000 $17,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1189398

State-Wide MLS

APN: CRAN-000007-000004-002372