D
Seller's Agent in 2022
Douglas Mittelsteadt
Anchor Real Estate Group, LLC
136 Arnold Ave Cranston, RI 02905
Edgewood NeighborhoodEstimated Value: $754,000 - $876,355
8
Beds
4.5
Baths
4,376
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Recreation Facilities
- Golf Course Community
- 2 Fireplaces
- 2 Car Detached Garage
About This Home
As of August 2022Solid Investment or Owner Occupied opportunity awaits you in the Edgewood neighborhood of Cranston! This well cared for, oversized 2 Unit property (2100 sq ft of living space per unit!) is a rare side-by-side townhouse style floor plan with 4 Bedrooms and 2 Full Bathrooms in each unit. The left-hand unit also has a half Bathroom on the first floor. Many recent updates include a new on-demand, high efficiency Heating/Hot Water System in the right-hand unit, fully renovated 2nd floor Bathroom in the left side unit, new Light Fixtures, Ceiling Fans and Hardware (faucets, toilets etc), Gutters added to front of building, Electrical updates, repointing of the brick foundation, Water Heater replaced, as well as repair/replacement of exterior trim and woodwork where needed. There are Tenants currently in place and rents are slightly below market. Even with the current rents, this is a real money maker! This is a must see!
Last Agent to Sell the Property
Douglas Mittelsteadt
Anchor Real Estate Group, LLC License #REC.0018305 Listed on: 06/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,863
Year Built
- Built in 1919
Lot Details
- 9,583
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Brick Foundation
- Combination Foundation
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 4,376 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Additional Features
- Porch
- 9,583 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 1719
- Assessor Parcel Number 136138ARNOLDAVCRAN
Community Details
Overview
- 2 Buildings
- 2 Units
- Edgewood Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Building Details
- Operating Expense $16,014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Aug 9, 2022
Sold by
Bogert Richard M
Bought by
Wheeler Aaron P and Baan Annaliese L
Seller's Agent
Douglas Mittelsteadt
Anchor Real Estate Group, LLC
Buyer's Agent
Lindsay Pettinelli
Churchill & Banks Co., LLC
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,589
Avg. Annual Appreciation
6.99%
Original Mortgage
$540,000
Outstanding Balance
$520,380
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,441
Purchase Details
Listed on
May 31, 2018
Closed on
Jul 10, 2018
Sold by
Worthington Kathryn
Bought by
Bogert Richard M
Seller's Agent
Rebecca Lister
Residential Properties Ltd.
Buyer's Agent
Douglas Mittelsteadt
List Price
$379,000
Sold Price
$367,000
Premium/Discount to List
-$12,000
-3.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$275,250
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wheeler Aaron P | $600,000 | None Available | |
| Bogert Richard M | $367,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wheeler Aaron P | $540,000 | |
| Previous Owner | Bogert Richard M | $275,250 | |
| Previous Owner | Bogert Richard M | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $600,000 | +4.3% | $137 / Sq Ft |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 06/16/2022 06/16/22 | For Sale | $575,000 | +56.7% | $131 / Sq Ft |
| 07/10/2018 07/10/18 | Sold | $367,000 | -3.2% | $85 / Sq Ft |
| 06/10/2018 06/10/18 | Pending | -- | -- | -- |
| 05/31/2018 05/31/18 | For Sale | $379,000 | -- | $88 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,970 | $659,100 | $221,900 | $437,200 |
| 2023 | $9,306 | $492,400 | $160,400 | $332,000 |
| 2022 | $9,114 | $492,400 | $160,400 | $332,000 |
| 2021 | $8,863 | $492,400 | $160,400 | $332,000 |
| 2020 | $8,696 | $418,700 | $149,500 | $269,200 |
| 2019 | $8,696 | $418,700 | $149,500 | $269,200 |
| 2018 | $8,378 | $412,900 | $149,500 | $263,400 |
| 2017 | $7,802 | $340,100 | $138,500 | $201,600 |
| 2016 | $7,635 | $340,100 | $138,500 | $201,600 |
| 2015 | $7,635 | $340,100 | $138,500 | $201,600 |
| 2014 | $7,873 | $344,700 | $131,200 | $213,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lindsay Pettinelli
Buyer's Agent in 2022
Lindsay Pettinelli
Churchill & Banks Co., LLC
(401) 439-0582
8 in this area
194 Total Sales
-
R
Seller's Agent in 2018
Rebecca Lister
Residential Properties Ltd.
Map
Source: State-Wide MLS
MLS Number: 1312957
APN: CRAN-000002-000003-001719
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