$415,000
SOLD AUG 26, 2016

12 Cranston Ave Newport, RI 02840

Kay-Catherine Neighborhood
8 Beds
3 Baths
2,985 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

2% Below List Price

40 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Public Transportation
  • Corner Lot
  • Tankless Water Heater
  • 2-minute walk to Congdon Parks

About This Home

As of November 2020

WELL MAINTAINED 3 FAMILY HAS STEADY INCOME FROM STABLE TENANTS IN PLACE. SELLER INSTALLING NEW CO/SMOKE DETECTOR SYSTEM. SEPARATE HEATING & ELECTRIC. SIDE YARD PROVIDES SPACE FOR POSSIBLE PARKING. NICE LOCATION CLOSE TO BROADWAY & DOWNTOWN.

Last Agent to Sell the Property

William Parker Sizeland

Compass / Lila Delman Compass License #REB.0014586

Compass / Lila Delman Compass

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1895

Lot Details

  • 2,500 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,985 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 77
  • Assessor Parcel Number 12CRANSTONAVNEWP

Community Details

Overview

  • 3 Units
  • Broadway/Tyler St Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Subdivision Name: BROADWAY/TYLER ST
  • Above Grade Finished Sq Ft: 2985.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 2985.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2500.0
  • Parcel #: 12CRANSTONAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4224.0
  • Tax Lot: 77
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Stern Donald A and Stern Patricia D
Bought by
Duskpatrol Llc
Total Days on Market
40
Current Estimated Value
$1,022,469

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 29, 2016
Sold by
Sola-Pleitez Miguel A and Pleitez Antonia R
Bought by
Puterio Matthew C
Seller's Agent
William Parker Sizeland
Compass / Lila Delman Compass
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$407,483
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2000
Sold by
Christopher Mersirna
Bought by
S-Pleitez Miguel A and Pleitez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,491
Interest Rate
7.78%

Map

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
Quit Claim Deed -- None Available
Warranty Deed $415,000 --
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $488,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $423,000 Adjustable Rate Mortgage/ARM
Previous Owner $330,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $407,483 FHA
Previous Owner $325,000 No Value Available
Previous Owner $246,000 No Value Available
Previous Owner $196,049 No Value Available
Previous Owner $188,491 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $610,000 +1.7% $134 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $599,900 +44.6% $132 / Sq Ft
08/26/2016 08/26/16 Sold $415,000 -2.4% $139 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $425,000 -- $142 / Sq Ft
Source: State-Wide MLS

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 $6,643 $808,100 $194,700 $613,400
2023 $5,234 $527,600 $137,600 $390,000
2022 $5,070 $527,600 $137,600 $390,000
2021 $4,923 $527,600 $137,600 $390,000
2020 $4,198 $408,400 $126,800 $281,600
2019 $4,198 $408,400 $126,800 $281,600
2018 $4,080 $408,400 $126,800 $281,600
2017 $4,438 $395,900 $97,500 $298,400
2016 $4,327 $395,900 $97,500 $298,400
2015 $4,224 $395,900 $97,500 $298,400
2014 $3,923 $325,300 $97,500 $227,800
Source: Public Records

Source: State-Wide MLS

MLS Number: 1129065

State-Wide MLS

APN: NEWP-000019-000000-000077

Rhode Island Newport County Newport 02840 Kay-Catherine

12 Cranston Ave, Newport, RI

Homes for Sale in Newport, RI

This home is located at 12 Cranston Ave, Newport, RI 02840 and is currently priced at $415,000, approximately $139 per square foot. This property was built in 1895. 12 Cranston Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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