Seller's Agent in 2023
Michael Russo
RI Real Estate Services
(401) 465-0417
3 in this area
292 Total Sales
1479 Cranston St Cranston, RI 02920
Knightsville NeighborhoodEstimated Value: $450,000 - $737,000
7
Beds
3
Baths
2,968
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Guest House
- Wood Flooring
- Thermal Windows
- Cranston High School West Rated 9+
- Tennis Courts
- Bathtub with Shower
About This Home
As of October 2023FHA APPRAISAL IN PLACE @ $535,000! Two houses on one lot! Rare opportunity to purchase two houses together. Set on a quiet loop, 1479 Cranston Street (left if facing) offers 3/4 beds, 2 baths, updated kitchen & baths, bonus flex space, new gas heating system & hot water tank, full basement for laundry/storage & more. 1477 Cranston Street (right if facing) features 2/3 beds, 1 bath, new roof, new electrical, full basement for laundry/storage, gas utilities & more. Also offering low maintenance vinyl siding, new privacy fencing (not pictured), off street parking for 4, yard/greenspace & shed storage. 1479, left house if facing, is vacant for owner occupied buyers. Very healthy rents and very low expenses. Live for less or invest!
Last Agent to Sell the Property
RI Real Estate Services License #REB.0018125 Listed on: 09/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,672
Year Built
- Built in 1920
Lot Details
- 7,687
Home Design
- Combination Foundation
- Vinyl Siding
Interior Spaces
- 2,968 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Storage Room
- Laundry Room
- Storm Doors
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 220 Volts
- 100 Amp Service
- Gas Water Heater
Additional Features
- Patio
- 7,687 Sq Ft Lot
- Guest House
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 213
- Assessor Parcel Number 1479CRANSTONSTCRAN
Community Details
Overview
- 2 Buildings
- 2 Units
- Knightsville Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $5,805
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Oct 27, 2023
Sold by
Florence Michael D
Bought by
Montella Joseph
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Michael Russo
RI Real Estate Services
List Price
$535,000
Sold Price
$535,000
Views
22
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
$67,600
Avg. Annual Appreciation
5.31%
Original Mortgage
$428,000
Outstanding Balance
$419,679
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,921
Purchase Details
Listed on
Nov 22, 2021
Closed on
Nov 24, 2021
Sold by
Almonte Timothy J and Almonte Lynn M
Bought by
Florence Michael D
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Mary O'Brien
Residential Properties Ltd.
Sold Price
$2,300
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.35%
Original Mortgage
$271,875
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2004
Sold by
Almonte Dennis
Bought by
Almonte Timothy and Almonte Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montella Joseph | $535,000 | None Available | |
| Florence Michael D | $362,500 | None Available | |
| Almonte Timothy | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montella Joseph | $428,000 | |
| Previous Owner | Florence Michael D | $271,875 | |
| Previous Owner | Almonte Timothy | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2023 10/29/23 | Sold | $535,000 | 0.0% | $180 / Sq Ft | |
| 09/21/2023 09/21/23 | For Sale | $535,000 | +47.6% | $180 / Sq Ft | |
| 11/24/2021 11/24/21 | Sold | $362,500 | 0.0% | $171 / Sq Ft | View Prior Sale |
| 11/22/2021 11/22/21 | For Rent | $2,450 | +6.5% | -- | |
| 11/22/2021 11/22/21 | Rented | $2,300 | 0.0% | -- | |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- | |
| 10/18/2021 10/18/21 | For Sale | $325,000 | -- | $153 / Sq Ft |
Source: State-Wide MLS
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 | $6,823 | $491,600 | $112,200 | $379,400 |
| 2024 | $6,691 | $491,600 | $112,200 | $379,400 |
| 2023 | $4,672 | $247,200 | $49,200 | $198,000 |
| 2022 | $4,576 | $247,200 | $49,200 | $198,000 |
| 2021 | $4,450 | $247,200 | $49,200 | $198,000 |
| 2020 | $4,017 | $193,400 | $38,700 | $154,700 |
| 2019 | $4,017 | $193,400 | $38,700 | $154,700 |
| 2018 | $3,924 | $193,400 | $38,700 | $154,700 |
| 2017 | $3,101 | $135,200 | $17,600 | $117,600 |
| 2016 | $3,035 | $135,200 | $17,600 | $117,600 |
| 2015 | $3,035 | $135,200 | $17,600 | $117,600 |
| 2014 | $2,940 | $128,700 | $17,600 | $111,100 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Russo
-
Bruce Lane
Seller's Agent in 2021
Bruce Lane
Lane Ceceri Group
(401) 419-1912
1 in this area
234 Total Sales
-
Mary O'Brien
M
Buyer's Agent in 2021
Mary O'Brien
Residential Properties Ltd.
(401) 419-8296
28 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1344472
APN: CRAN-000008-000001-000213
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