NOT LISTED FOR SALE

Estimated Value: $499,068 - $594,000

4 Beds
3 Baths
2,267 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $240,100 $106 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,285/month

69 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Storage Room
  • 1 Fireplace
  • Laundry Room
  • Public Transportation

About This Home

As of July 2017

This is the one!! Well cared for multi-family home nestled in Cranston's Eden park section. The 1st floor offers, 2 bedrooms, full bath, living room, large kitchen and seperate dining room. The additional finished lower area is a great bonus to the 1st floor occupant allowing for another full bath, 2nd kitchen and living space. The 2nd floor offers 2 beds, a nice size living room, and a cozy eat in kitchen. 2nd floor occupants will also enjoy a separate private entrance and well as a personal separate parking area. Potential rental income for the savvy investor would be up to $1100 per month for the 1st floor and up to $900 a month for the 2nd floor, with the tenants paying their own utilities. With a newer roof, vinyl siding, replacement windows, updated heating and central air on 1st floor, this home is a must see!!

Last Agent to Sell the Property

Adam Cardinal

HomeSmart Professionals License #RES.0035208 Listed on: 04/18/2017

HomeSmart Professionals

Last Buyer's Agent

Michael Capuano

World Net Real Estate Group License #RES.0025163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 2,267 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Public Transportation
  • Operating Expense $1,000

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 299
  • Assessor Parcel Number 149ORCHARDSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1607
  • Co List Office Mls Id: ALBT
  • Co List Office Phone: 401-944-3377
  • Above Grade Finished Sq Ft: 2267.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Bathroom, Kitchen, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Partial, Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 149ORCHARDSTCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 3895.0
  • Tax Lot: 299
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 23, 2017
Sold by
Lima Thomas
Bought by
Rooney Patrick
Seller's Agent
Adam Cardinal
HomeSmart Professionals
Buyer's Agent
Michael Capuano
World Net Real Estate Group
List Price
$230,000
Sold Price
$240,100
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$531,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,417
Avg. Annual Appreciation
8.97%
Original Mortgage
$204,085
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2012
Sold by
Olive T Sweeney Lt
Bought by
Lima Thomas R

Purchase Details

Closed on
Jun 17, 2008
Sold by
Lindenberg Mark D
Bought by
Lima Thomas

Purchase Details

Closed on
Mar 8, 2006
Sold by
Martins Manuel
Bought by
Lindenberg Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Stfranc Ndidi N
Bought by
Martins Manuel E

Purchase Details

Closed on
Jan 3, 2000
Sold by
Lynch George P and Lynch Lorna
Bought by
Stfranc Nididi N

Purchase Details

Closed on
Oct 19, 1995
Sold by
Damiano Roy W and Damiano Steven A
Bought by
Lynch Gregory P and Feroce Lorna
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
Rooney Patrick $240,100 --
Lima Thomas R $60,000 --
Lima Thomas $167,000 --
Lindenberg Mark $296,000 --
Martins Manuel E $245,000 --
Stfranc Nididi N $120,000 --
Lynch Gregory P $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Gregory P $204,085
Previous Owner Lynch Gregory P $160,000
Previous Owner Lynch Gregory P $236,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $240,100 +4.4% $106 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $230,000 -- $101 / 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 $5,598 $411,300 $100,700 $310,600
2023 $5,099 $269,800 $69,500 $200,300
2022 $4,994 $269,800 $69,500 $200,300
2021 $4,856 $269,800 $69,500 $200,300
2020 $4,684 $225,500 $66,000 $159,500
2019 $4,684 $225,500 $66,000 $159,500
2018 $4,575 $225,500 $66,000 $159,500
2017 $3,980 $173,500 $48,600 $124,900
2016 $3,895 $173,500 $48,600 $124,900
2015 $3,895 $173,500 $48,600 $124,900
2014 $3,787 $165,800 $48,600 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1156957

State-Wide MLS

APN: CRAN-000005-000001-000299