NOT LISTED FOR SALE

1361 Hope Rd Cranston, RI 02831

Western Cranston Neighborhood

Estimated Value: $423,000 - $605,991

4 Beds
2 Baths
2,088 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $406,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,981/month

33 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Wood Siding
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of April 2024

Introducing 1361 Hope, Cranston, RI - a unique two-unit property offering a blend of privacy, comfort, and potential. Property features two units: a townhouse-style and a single-level unit, each with two bedrooms. Sited in a serene setting, the property ensures privacy complemented by a generous yard and rear deck. Both units, while in need of cosmetic updates, present an excellent canvas for the creative homeowner or investor. The interior and exterior of the property offer vast potential for customization and enhancement, making it an ideal project for those looking to imprint their personal style or increase the property's value. Situated in a desirable location in Cranston, this property is not just a residence, but an opportunity for a savvy buyer. Whether you're looking to live in one unit and rent the other, or simply invest in a promising property in a sought-after area, 1361 Hope represents a great option for both lifestyle and investment.

Last Agent to Sell the Property

Joy Riley

Westcott Properties License #REB.0012495 Listed on: 01/10/2024

Last Buyer's Agent

Andy Andujar

Innovations Realty License #RES.0041995

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1962

Lot Details

  • 0.72

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Deck
  • 0.72 Acre Lot

Community Details

  • 2 Units
  • Western Cranston Subdivision

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 1361HOPERDCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.72
  • Inclusions: Private Sewerage.
  • Subdivision Name: Western Cranston
  • Above Grade Finished Sq Ft: 2088.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1962
  • Special Features: 5120
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31363.0
  • Parcel #: 1361HOPERDCRAN
  • Zoning: A20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5301.0
  • Tax Lot: 188
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Apr 10, 2024
Sold by
2639 Cap Invest Llc and Deutsche Bk Natl T Co
Bought by
Four T S Invest Llc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Andy Andujar
Innovations Realty
List Price
$364,000
Sold Price
$406,000
Premium/Discount to List
$42,000
11.54%
Views
188
Current Estimated Value
$458,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,862
Avg. Annual Appreciation
7.07%
Original Mortgage
$356,000
Outstanding Balance
$352,342
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,300

Purchase Details

Closed on
Oct 11, 2023
Sold by
Long Beach Mtg Loan T and Deutsche Bk Natl Tco
Bought by
Long Beach Mtg Loan T and Deutsche Bk Natl Tco

Purchase Details

Closed on
Apr 23, 2018
Sold by
Saccoccio Carl E and Saccoccio Karen E
Bought by
Saccoccio Carl E
Source: Public Records

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
Four T S Invest Llc $445,100 None Available
Four T S Invest Llc $445,100 None Available
2639 Cap Invest Llc $406,000 None Available
Long Beach Mtg Loan T $301,500 None Available
Long Beach Mtg Loan T $301,500 None Available
Saccoccio Carl E -- --
Saccoccio Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2639 Cap Invest Llc $356,000
Closed Four T S Invest Llc $0
Previous Owner Saccoccio Carl $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $406,000 +11.5% $194 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $364,000 -- $174 / 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 $5,618 $412,800 $142,100 $270,700
2023 $5,301 $280,500 $93,500 $187,000
2022 $5,192 $280,500 $93,500 $187,000
2021 $5,049 $280,500 $93,500 $187,000
2020 $4,949 $238,300 $89,000 $149,300
2019 $4,949 $238,300 $89,000 $149,300
2018 $4,835 $238,300 $89,000 $149,300
2017 $4,716 $205,600 $80,100 $125,500
2016 $4,616 $205,600 $80,100 $125,500
2015 $4,616 $205,600 $80,100 $125,500
2014 $4,609 $201,800 $80,100 $121,700
Source: Public Records

Agents Affiliated with this Home

  • Joy Riley

    Seller's Agent in 2024

    Joy Riley

    Westcott Properties

    (401) 952-7887

    1 in this area

    318 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    Andy Andujar

    Innovations Realty

    (401) 965-2639

    1 in this area

    59 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1350759

State-Wide MLS

APN: CRAN-000030-000004-000188

Rhode Island Providence County Cranston 02831 Western Cranston

1361 Hope Rd, Cranston, RI

This home is located at 1361 Hope Rd, Cranston, RI 02831 since 10 January 2024 and is currently estimated at $499,998, approximately $239 per square foot. This property was built in 1962. 1361 Hope Rd is a home located in Providence County with nearby schools including Orchard Farms El. School, Hope Highlands Middle School, and Cranston High School West.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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