NOT LISTED FOR SALE

116 Albert Ave Unit 2 Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $332,000 - $383,000

3 Beds
1 Bath
1,405 Sq Ft
$300/mo HOA Fee

Last Sold May 31, 2016

Last sale price $167,000 $119 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,457/month

163 Days on Market

Highlights

  • Marina
  • Balcony
  • Thermal Windows
  • Wood Flooring
  • Walking Distance to Water
  • Cul-De-Sac

About This Home

As of May 2016

Beautiful condo on second floor of grand Victorian in heart of Edgewood. Freshly painted with bright and sunny rooms, large eat-in-kitchen and wrap-around private balcony. Large lot offers great yard. Close to water & Pawtuxet Village.

Last Agent to Sell the Property

Nelson Taylor

Compass Listed on: 11/19/2015

Compass

Last Buyer's Agent

Deborah Giannini

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1920

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Clapboard
  • Plaster

Interior Spaces

  • 1,405 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

Utilities

  • Humidifier
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1779
  • Assessor Parcel Number 116ALBERTAV2CRAN

Community Details

Overview

  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1920

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: EDGEWOOD
  • Above Grade Finished Sq Ft: 1405.0
  • Building Name: Albert Ave Condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer, Humidifier
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Cable TV
  • Living Area: 1405.0
  • Dining Room Type: Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 116ALBERTAV2CRAN

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 4422.0
  • Tax Lot: 1779
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
May 31, 2016
Sold by
Patel Manoj and Patel Neelam
Bought by
Bucci John N
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Deborah Giannini
List Price
$179,000
Sold Price
$167,000
Premium/Discount to List
-$12,000
-6.7%
Current Estimated Value
$357,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,540
Avg. Annual Appreciation
8.36%
Original Mortgage
$150,300
Outstanding Balance
$119,336
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,204

Purchase Details

Closed on
Jul 5, 2013
Sold by
Patel Manog and Providence Water Suppl
Bought by
Patel Manog and Patel Neelam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bucci John N $167,000 --
Patel Manog $2,245 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Manog $150,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $167,000 -6.7% $119 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $179,000 -- $127 / 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 $3,387 $244,000 $0 $244,000
2024 $3,321 $244,000 $0 $244,000
2023 $3,479 $184,100 $0 $184,100
2022 $3,408 $184,100 $0 $184,100
2021 $3,314 $184,100 $0 $184,100
2020 $3,350 $161,300 $0 $161,300
2019 $3,350 $161,300 $0 $161,300
2018 $3,273 $161,300 $0 $161,300
2017 $4,519 $197,000 $0 $197,000
2016 $4,423 $197,000 $0 $197,000
2015 $4,423 $197,000 $0 $197,000
2014 $4,404 $192,800 $0 $192,800
Source: Public Records

Agents Affiliated with this Home

  • Nelson Taylor

    Seller's Agent in 2016

    Nelson Taylor

    Compass

    (401) 214-1524

    18 in this area

    593 Total Sales

    Nelson Taylor
    Section Image

  • D

    Buyer's Agent in 2016

    Deborah Giannini

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Map

Source: State-Wide MLS

MLS Number: 1112895

State-Wide MLS

APN: CRAN-000002-000003-001779-000002

Rhode Island Providence County Cranston 02905 Edgewood

116 Albert Ave Unit 2, Cranston, RI

Not Listed for Sale

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