NOT LISTED FOR SALE

Estimated Value: $499,526 - $592,000

6 Beds
3 Baths
5,301 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $295,000 $56 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,599/month

6 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Laundry Room
  • Thermal Windows
  • Patio
  • Storage Room

About This Home

As of May 2019

Beautiful & Turn-Key best describe this well maintained 3 family in a convenient Cranston location! The entire building has been meticulously cared for by it's current owners for decades and it shows! All three floors boast spacious & turn-key 2 bedroom units with lovely double parlors and ample kitchen areas. The newly vacant 2nd & 3rd floors are clean & bright with hardwood floors and updated kitchen & baths. Newer roof & vinyl siding, separate utilities, and plenty of off-street parking top off this wonderful property and make it maintenance free for years to come. Excellent opportunity for owner occupant or investor-- call today!

Last Listed By

The DiSpirito Team

Engel & Volkers Listed on: 04/10/2019

Engel & Volkers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1920

Lot Details

  • 3,740

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 5,301 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Patio
  • 3,740 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 539
  • Assessor Parcel Number 13061308CRANSTONSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,661

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 5301.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Other
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3740.0
  • Parcel #: 13061308CRANSTONSTCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4661.0
  • Tax Lot: 539
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 17, 2019
Sold by
Cardi Family Lp
Bought by
Blanco Jocelyn M
Seller's Agent
The DiSpirito Team
Engel & Volkers
Buyer's Agent
Jeffrey Kawa
List Price
$279,900
Sold Price
$295,000
Premium/Discount to List
$15,100
5.39%
Total Days on Market
6
Current Estimated Value
$552,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,882
Avg. Annual Appreciation
10.48%
Original Mortgage
$280,250
Outstanding Balance
$250,496
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$284,911

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 Buyer Sale Price Title Company
Blanco Jocelyn M $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Jocelyn M $90,000
Open Blanco Jocelyn M $280,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $295,000 +5.4% $56 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $279,900 -- $53 / 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 $6,393 $469,700 $103,000 $366,700
2023 $5,640 $298,400 $45,200 $253,200
2022 $5,523 $298,400 $45,200 $253,200
2021 $5,371 $298,400 $45,200 $253,200
2020 $5,039 $242,600 $35,500 $207,100
2019 $5,039 $242,600 $35,500 $207,100
2018 $4,661 $229,700 $35,500 $194,200
2017 $3,854 $168,000 $16,100 $151,900
2016 $3,772 $168,000 $16,100 $151,900
2015 $3,772 $168,000 $16,100 $151,900
2014 $3,172 $138,900 $16,100 $122,800
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1219767

State-Wide MLS

APN: CRAN-000008-000002-000539