NOT LISTED FOR SALE

Estimated Value: $683,000 - $840,000

8 Beds
5 Baths
5,772 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $387,000 $67 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,569/month

12 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Porch
  • Wood Flooring
  • 3 Car Detached Garage
  • Bathtub with Shower

About This Home

As of December 2019

This meticulously cared for three-family home is situated in the Edgewood neighborhood of Cranston. The home features a spacious layout, 3-car garage, porches for each unit, gleaming hardwood floors, natural lighting and so much more. The home has close proximity to Johnston & Wales Harborside campus, Roger Williams Park, Shoppes and restaurants in Historic Pawtuxet Village, Edgewood Yacht Club, and the home is only a short drive to 95 north or south! Don't forget to have a look at the 3D virtual tour for this home as well!

Last Agent to Sell the Property

Alessandra Alvarez

Keller Williams Leading Edge License #RES.0041913 Listed on: 11/07/2019

Keller Williams Leading Edge

Last Buyer's Agent

Lisa Bernardeau

Keller Williams Leading Edge License #RES.0043292

Keller Williams Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 1920

Lot Details

  • 6,250

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,772 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 6,250 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for hot water
  • Tax Lot 3531
  • Assessor Parcel Number 152154NORWOODAVCRAN

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Edgewood Subdivision

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Public Transportation
  • Operating Expense $2,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,602

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 5772.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Brick, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6250.0
  • Parcel #: 152154NORWOODAVCRAN
  • Zoning: B2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2590.0

Tax Info

  • Tax Annual Amount: 7602.0
  • Tax Lot: 3531
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 20, 2019
Sold by
Murnighan Patrick S
Bought by
Balmes Chanteel L
Seller's Agent
Alessandra Alvarez
Keller Williams Leading Edge
Buyer's Agent
Lisa Bernardeau
Keller Williams Leading Edge
List Price
$375,000
Sold Price
$387,000
Premium/Discount to List
$12,000
3.2%
Current Estimated Value
$700,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,398
Avg. Annual Appreciation
12.08%
Original Mortgage
$379,990
Outstanding Balance
$340,208
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$396,159

Purchase Details

Closed on
Oct 23, 2000
Sold by
Grant Jack T and Grant May
Bought by
Murninghan Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.88%
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
Balmes Chanteel L $387,000 None Available
Murninghan Patrick S $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balmes Chanteel L $17,638
Open Balmes Chanteel L $379,990
Previous Owner Murninghan Patrick S $212,000
Previous Owner Murninghan Patrick S $211,000
Previous Owner Murninghan Patrick S $198,750
Previous Owner Murninghan Patrick S $175,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $387,000 +3.2% $67 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $375,000 -- $65 / 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 $8,810 $647,300 $119,300 $528,000
2023 $7,972 $421,800 $82,300 $339,500
2022 $7,808 $421,800 $82,300 $339,500
2021 $7,592 $421,800 $82,300 $339,500
2020 $7,602 $366,000 $85,700 $280,300
2019 $7,602 $366,000 $85,700 $280,300
2018 $7,426 $366,000 $85,700 $280,300
2017 $6,084 $265,200 $75,400 $189,800
2016 $5,954 $265,200 $75,400 $189,800
2015 $5,954 $265,200 $75,400 $189,800
2014 $4,929 $215,800 $68,600 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1240249

State-Wide MLS

APN: CRAN-000002-000003-003531