$310,000
SOLD DEC 5, 2024

118 Albert Ave Unit 1 Cranston, RI 02905

Edgewood Neighborhood
3 Beds
1 Bath
1,434 Sq Ft
$350/mo HOA Fee

Recently Sold

$216 Per Sq Ft

6% Below List Price

69 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Porch
  • Wood Flooring
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of December 2024

This beautiful first-floor condo offers a perfect blend of historic charm and modern convenience in the desirable Edgewood neighborhood. With hardwood floors and original architectural details, this spacious 3-bedroom unit exudes warmth and character. Enjoy plenty of natural light in the bright and sunny living spaces. The condo also features a private porch, perfect for relaxing and entertaining. Just a short stroll away, you'll find the vibrant Historic Pawtuxet Village, known for its yacht clubs, restaurants, and shops. Commuters will love the convenience of being just minutes from downtown Providence while still enjoying the peaceful residential feel of Edgewood. This is the perfect home for those seeking a balance of city and coastal living!

Last Agent to Sell the Property

Barbara Dacey

Residential Properties Ltd. License #RES.0027542 Listed on: 09/27/2024

Residential Properties Ltd.

Last Buyer's Agent

Noah Donnelly

RI Real Estate Services License #REB.0019320

RI Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1906

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,434 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 1779
  • Assessor Parcel Number 118ALBERTAV1CRAN

Community Details

Overview

  • Association fees include ground maintenance, snow removal, water
  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,488

Year Built

Built in 1906

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 1434.0
  • Building Name: Albert Avenue Condominiums
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1906
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1434.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

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
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Water

Lot Info

  • Parcel #: 118ALBERTAV1CRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3488.0
  • Tax Lot: 1779
  • Tax Map Number: 2
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 5, 2024
Sold by
Sampson David K
Bought by
Anderson Flora S
Seller's Agent
Barbara Dacey
Residential Properties Ltd.
Buyer's Agent
Noah Donnelly
RI Real Estate Services
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Views
177
Current Estimated Value
$352,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,096
Avg. Annual Appreciation
16.58%
Original Mortgage
$279,000
Outstanding Balance
$276,698
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,398

Purchase Details

Closed on
Jul 14, 2008
Sold by
Washington Mutual Bank
Bought by
Sampson David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $310,000 None Available
Warranty Deed $310,000 None Available
Warranty Deed $310,000 None Available
Deed $130,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,000 Purchase Money Mortgage
Closed $279,000 Purchase Money Mortgage
Previous Owner $116,910 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $310,000 -6.0% $216 / Sq Ft
09/27/2024 09/27/24 For Sale $329,900 -- $230 / 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 $3,389 $249,000 $0 $249,000
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

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Map

Source: State-Wide MLS

MLS Number: 1369673

State-Wide MLS

APN: CRAN-000002-000003-001779-000001