NOT LISTED FOR SALE

Estimated Value: $529,000 - $610,000

6 Beds
3 Baths
2,200 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $535,000 $243 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,441/month

11 Days on Market

Highlights

  • Wood Flooring
  • Cranston High School West Rated 9+
  • Heating System Uses Steam

About This Home

As of July 2024

Welcome to this versatile 2-family home in Cranston, RI, perfect for investors or multi-generational living. The first unit, currently vacant, offers 4 spacious bedrooms and 2 full baths, filled with natural light and providing ample living space. The second unit, owner-occupied, features 2 cozy bedrooms and 1 full bath, ensuring comfort and convenience. Both units share access to a full, unfinished basement equipped with washer and dryer units, adding practicality to this charming property. Off-street parking is available in the large paved driveway, providing plenty of space for residents and guests alike. Situated in a desirable location, this home is close to a variety of amenities including schools, restaurants, and major highways. Don't miss out on this exceptional 2-family residence, offering endless possibilities and a prime location!

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 05/16/2024

Century 21 Limitless

Last Buyer's Agent

Carlos Zambrano

Advanced Realty License #RES.0043309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 2,200 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1843
  • Assessor Parcel Number 1136PARKAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,105

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 2200.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1929
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 1136PARKAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4105.0
  • Tax Lot: 1843
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 24, 2024
Sold by
Barney Michael R
Bought by
Carbo Marcos Z
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Carlos Zambrano
Advanced Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
27
Current Estimated Value
$562,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,444
Avg. Annual Appreciation
4.53%
Original Mortgage
$503,250
Outstanding Balance
$499,849
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,595

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 13, 2021
Sold by
Polanco Rosaura
Bought by
Barney Michael R
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Jordan Ross
RE/MAX River's Edge - Bristol
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$343,660
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2011
Sold by
Polanco Rosaura
Bought by
Rigp Dri

Purchase Details

Closed on
Jul 14, 2005
Sold by
Plante William A
Bought by
Polanco Rosaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Perelman Janice
Bought by
Plante William

Purchase Details

Closed on
Aug 28, 1998
Sold by
Burgess William E and Burgess Jean
Bought by
Perelman Janice M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carbo Marcos Z $535,000 None Available
Carbo Marcos Z $535,000 None Available
Barney Michael R $355,000 None Available
Barney Michael R $355,000 None Available
Rigp Dri $2,722 --
Dri Rigp $2,722 --
Polanco Rosaura $278,000 --
Polanco Rosaura $278,000 --
Plante William $205,000 --
Plante William $205,000 --
Perelman Janice M $85,000 --
Perelman Janice M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbo Marcos Z $503,250
Closed Zambrano Marco A $15,000
Closed Carbo Marcos Z $503,250
Previous Owner Barney Michael R $343,660
Previous Owner Perelman Janice M $222,400
Previous Owner Perelman Janice M $41,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $535,000 +1.9% $243 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $525,000 +47.9% $239 / Sq Ft
05/13/2021 05/13/21 Sold $355,000 +1.5% $105 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $349,900 -- $103 / 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 $4,803 $352,900 $103,700 $249,200
2023 $4,105 $217,200 $45,500 $171,700
2022 $4,020 $217,200 $45,500 $171,700
2021 $3,910 $217,200 $45,500 $171,700
2020 $3,566 $171,700 $35,800 $135,900
2019 $3,566 $171,700 $35,800 $135,900
2018 $3,484 $171,700 $35,800 $135,900
2017 $2,776 $121,000 $16,300 $104,700
2016 $2,716 $121,000 $16,300 $104,700
2015 $2,716 $121,000 $16,300 $104,700
2014 $2,551 $111,700 $16,300 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359293

State-Wide MLS

APN: CRAN-000009-000004-001843