NOT LISTED FOR SALE

12 Old Oak Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $419,251 - $533,000

5 Beds
2 Baths
2,200 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 25, 2016

Last sale price $145,000 $66 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,912/month

116 Days on Market

Highlights

  • Wood Flooring
  • Shops
  • Hot Water Heating System
  • Public Transportation
  • Property near a hospital
  • Fenced

About This Home

As of November 2016

Cute 2 family home with granite kitchen. Perfect for owner occupied with rental income 3 bedrooms unit 1. Finished basement with additional bath private yard plus plenty of parking.

Last Agent to Sell the Property

Marino De La Cruz

Home Island Realty, LLC License #RES.0024951 Listed on: 07/01/2016

Last Buyer's Agent

Helen Townsend

Coldwell Banker Realty License #RES.0027989

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,307

Year Built

  • Built in 1920

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Parquet
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 2813
  • Assessor Parcel Number 12OLDOAKAVCRAN

Community Details

Overview

  • 2 Units
  • Laurel Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,307

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1033
  • Subdivision Name: LAUREL HILL
  • Above Grade Finished Sq Ft: 2200.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Parquet, Vinyl, Wood
  • Living Area: 2200.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4500.0
  • Parcel #: 12OLDOAKAVCRAN
  • Zoning: 0
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3307.0
  • Tax Lot: 2813
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Nov 28, 2016
Sold by
Department Of Housing & Urban Dev
Bought by
Baldomar Fernando R
Seller's Agent
Marino De La Cruz
Home Island Realty, LLC
Buyer's Agent
Helen Townsend
Coldwell Banker Realty
List Price
$118,000
Sold Price
$145,000
Premium/Discount to List
$27,000
22.88%
Current Estimated Value
$478,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,563
Avg. Annual Appreciation
14.20%
Original Mortgage
$156,912
Outstanding Balance
$125,774
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$352,789

Purchase Details

Closed on
Oct 24, 2014
Sold by
Manda Panda Llc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 6, 2014
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 4, 2012
Sold by
Almonte Andres N
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 12, 2012
Sold by
Garo Julissa and Almonte Andres N
Bought by
Almonte Andres N

Purchase Details

Closed on
Oct 19, 2011
Sold by
Baseline Rt
Bought by
Almonte Andres N and Garo Julissa

Purchase Details

Closed on
Aug 24, 2011
Sold by
Garo Julissa
Bought by
Garo Julissa and Almonte Andres N

Purchase Details

Closed on
Aug 11, 2011
Sold by
Almonte Andres N and Garo Julissa
Bought by
Bseline Rt

Purchase Details

Closed on
May 31, 2002
Sold by
Scottodisantolo Aldo and Scottodisantolo K
Bought by
Almonte Andres N and Garo Julissa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baldomar Fernando R $145,000 --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na $357,163 --
Almonte Andres N -- --
Almonte Andres N $1,924 --
Garo Julissa -- --
Bseline Rt $1,658 --
Almonte Andres N $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almonte Andres N $156,912
Closed Almonte Andres N $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2016 11/25/16 Sold $145,000 +22.9% $66 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $118,000 -- $54 / 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 $4,714 $339,600 $86,200 $253,400
2024 $4,622 $339,600 $86,200 $253,400
2023 $4,332 $229,200 $59,400 $169,800
2022 $4,242 $229,200 $59,400 $169,800
2021 $4,126 $229,200 $59,400 $169,800
2020 $3,753 $180,700 $46,200 $134,500
2019 $3,753 $180,700 $46,200 $134,500
2018 $3,666 $180,700 $46,200 $134,500
2017 $3,379 $147,300 $36,300 $111,000
2016 $3,307 $147,300 $36,300 $111,000
2015 $3,307 $147,300 $36,300 $111,000
2014 $3,141 $137,500 $36,300 $101,200
Source: Public Records

Agents Affiliated with this Home

  • Marino De La Cruz

    Seller's Agent in 2016

    Marino De La Cruz

    Home Island Realty, LLC

    (401) 529-4115

    36 Total Sales

    Marino De La Cruz
    Section Image
  • Helen Townsend

    Buyer's Agent in 2016

    Helen Townsend

    Coldwell Banker Realty

    34 Total Sales

    Helen Townsend
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1130524

State-Wide MLS

APN: CRAN-000007-000004-002813

Rhode Island Providence County Cranston 02920 Laurel Hill

12 Old Oak Ave, Cranston, RI

Not Listed for Sale

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