NOT LISTED FOR SALE

Estimated Value: $473,480 - $665,000

8 Beds
3 Baths
5,768 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $320,000 $55 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,557/month

90 Days on Market

Highlights

  • Bathtub with Shower
  • Forced Air Heating System
  • Carpet
  • Cranston High School West Rated 9+
  • Baseboard Heating

About This Home

As of March 2021

Great opportunity to own a large 3 unit building and live rent free...GOOD RENTAL INCOME..ALL SEPERATE HEAT AND ELECTRIC..PARKING IN REAR OF BUILDING..CONVENIENT TO HIGHWAY/SHOPPING/BUS LINE/ETC.. This property is a great investment zoned commercial and residential. New roof as well as updated heating systems in place. First floor is vacant, also has a bonus room on the first floor perfect for office space.

Last Agent to Sell the Property

Hollie Curtis

JMG RHODE ISLAND License #REC.0005245 Listed on: 11/18/2020

Last Buyer's Agent

Samuel Alba

Innovations Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1901

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Aluminum Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 5,768 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 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
  • Forced Air Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater

Community Details

  • 3 Units
  • Thornton Subdivision

Listing and Financial Details

  • Legal Lot and Block 02 / 403
  • Assessor Parcel Number 1352PLAINFIELDSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,826

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: THORNTON
  • Above Grade Finished Sq Ft: 5768.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1901
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding, Clapboard
  • Foundation Details: Block, Brick/Mortar

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Forced Air, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 1352PLAINFIELDSTCRAN
  • Zoning: C2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3826.0
  • Tax Block: 403
  • Tax Lot: 02
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 26, 2021
Sold by
Modo Investments Llc
Bought by
Rodriguez Yolmaris
Seller's Agent
Hollie Curtis
JMG RHODE ISLAND
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Current Estimated Value
$559,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,620
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Aug 28, 2020
Sold by
Gallo Linda H and Gallo Kenneth A
Bought by
Modo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rodriguez Yolmaris $320,000 None Available
Modo Investments Llc $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Modo Investments Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $320,000 -8.3% $55 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $349,000 -- $61 / 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 $6,932 $509,300 $100,700 $408,600
2023 $5,834 $308,700 $44,200 $264,500
2022 $5,714 $308,700 $44,200 $264,500
2021 $5,557 $308,700 $44,200 $264,500
2020 $3,826 $184,200 $34,700 $149,500
2019 $3,826 $184,200 $34,700 $149,500
2018 $3,737 $184,200 $34,700 $149,500
2017 $3,136 $136,700 $15,800 $120,900
2016 $3,069 $136,700 $15,800 $120,900
2015 $3,069 $136,700 $15,800 $120,900
2014 $2,686 $117,600 $15,800 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1270243

State-Wide MLS

APN: CRAN-000012-000002-000403