NOT LISTED FOR SALE

115 Grand Ave Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $584,000 - $678,000

7 Beds
2 Baths
4,606 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $273,000 $59 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,898/month

97 Days on Market

Highlights

  • Marina
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Recreation Facilities
  • Porch

About This Home

As of June 2018

Lovely Edgewood Two-Family property ideal for Owner-Occupied or Investors. Units are spacious with wooden, pocket doors that close to separate the living and dining rooms. The 1st floor unit has 2 bedrooms, while the 2nd unit is townhouse style, featuring 4-5 bedrooms. Both units feature large porches, separate utilities, and separate driveways. Separate storage/laundry areas with washer and dryer for each unit in basement. Separate driveways for both units. Walk to Roger Williams Park or beautiful Narragansett Bay. This well-maintained home is fully rented and is being sold "as is". NEW ASSESSMENT!

Last Agent to Sell the Property

Maria Croft

HomeSmart Professionals License #RES.0042812 Listed on: 01/24/2018

HomeSmart Professionals

Last Buyer's Agent

Jess Powers

Real Broker, LLC License #REB.0018505

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1920

Lot Details

  • 6,146 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,606 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0744
  • Assessor Parcel Number 115GRANDAVCRAN

Community Details

Overview

  • 4 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Building Details

  • Operating Expense $3,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 4606.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6146.0
  • Parcel #: 115GRANDAVCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3670.0

Tax Info

  • Tax Annual Amount: 4822.0
  • Tax Lot: 0744
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Jun 1, 2018
Sold by
Genest Sandra M and Lyons Kathleen A
Bought by
Lim Charice and Yim Chamroeun
Seller's Agent
Maria Croft
HomeSmart Professionals
Buyer's Agent
Jess Powers
Real Broker, LLC
List Price
$289,900
Sold Price
$273,000
Premium/Discount to List
-$16,900
-5.83%
Current Estimated Value
$635,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,873
Avg. Annual Appreciation
12.09%
Original Mortgage
$272,964
Outstanding Balance
$240,669
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$395,204

Purchase Details

Closed on
Jul 1, 1999
Sold by
Nongauza Shewaye M
Bought by
Genest Sandra M and Lyons Kathleen A
Source: Public Records

Range of Values:

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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
Lim Charice $278,000 --
Genest Sandra M $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genest Sandra M $272,964
Previous Owner Genest Sandra M $259,000
Previous Owner Genest Sandra M $30,500
Previous Owner Genest Sandra M $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $273,000 -5.8% $59 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $289,900 -- $63 / 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 $6,636 $478,100 $119,000 $359,100
2024 $6,507 $478,100 $119,000 $359,100
2023 $6,277 $332,100 $82,100 $250,000
2022 $6,147 $332,100 $82,100 $250,000
2021 $5,978 $332,100 $82,100 $250,000
2020 $5,888 $283,500 $85,500 $198,000
2019 $5,888 $283,500 $85,500 $198,000
2018 $5,752 $283,500 $85,500 $198,000
2017 $4,822 $210,200 $75,300 $134,900
2016 $4,719 $210,200 $75,300 $134,900
2015 $4,719 $210,200 $75,300 $134,900
2014 $4,367 $191,200 $68,400 $122,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maria Croft

    HomeSmart Professionals

    Section Image
  • Jess Powers

    Buyer's Agent in 2018

    Jess Powers

    Real Broker, LLC

    (401) 227-3566

    14 in this area

    225 Total Sales

    Jess Powers
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1181271

State-Wide MLS

APN: CRAN-000002-000003-000744

Rhode Island Providence County Cranston 02905 Edgewood

115 Grand Ave, Cranston, RI

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