NOT LISTED FOR SALE

1574 Cranston St Cranston, RI 02920

Knightsville Neighborhood

Estimated Value: $478,126 - $569,000

4 Beds
3 Baths
2,908 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $275,000 $95 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,406/month

88 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 1 Car Detached Garage
  • Attic
  • Recreation Facilities
  • Thermal Windows

About This Home

As of September 2018

This 3 family house sits on a corner lot in the heart of Knightsville. Easy walk to restaurants, bakery and shops instantly creates a community feel. The property has a one bedroom large apartment on the first floor, the 2nd floor has a 2 bedroom unit and the basement has a BR/LR combo. The house has been well maintained over the years, and is ready to go either for an investor or a owner occupied/rental basis. A detached one car oversized garage has plenty of storage along with a shed attached to the back of the garage. The garage could be separately rented for additional income. All 3 units have separate utilities, so tenants pay their own. Water, sewer, taxes, insurance are paid by property owner. Most multi family properties don't offer this type of location or a well cared for condition. Act fast on this one!!

Last Agent to Sell the Property

Henry Priest

Northeast Realty Asssociates License #REB.0016540 Listed on: 05/29/2018

Last Buyer's Agent

Elmehdi Mechtaly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1920

Lot Details

  • 6,750 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,908 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 918 / 1
  • Assessor Parcel Number 1574CRANSTONSTCRAN

Community Details

Overview

  • 4 Units
  • Knightsville Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,106

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Subdivision Name: Knightsville
  • Above Grade Finished Sq Ft: 2908.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot, Paved
  • Construction Type: Drywall, Wood Siding, Vinyl Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6750.0
  • Parcel #: 1574CRANSTONSTCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 3106.0
  • Tax Block: 1
  • Tax Lot: 918
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Sep 28, 2018
Sold by
Ricci Frank J and Ricci Ann M
Bought by
Tierney Patrick J
Seller's Agent
Henry Priest
Northeast Realty Asssociates
Buyer's Agent
Elmehdi Mechtaly
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$537,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,282
Avg. Annual Appreciation
9.06%
Original Mortgage
$206,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Tierney Patrick J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tierney Patrick J $198,600
Closed Ricci Frank J $206,250
Previous Owner Ricci Frank J $123,000
Previous Owner Ricci Frank J $103,606
Previous Owner Ricci Frank J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $275,000 -8.3% $95 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $299,900 -- $103 / 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 $5,564 $408,800 $110,300 $298,500
2023 $4,445 $235,200 $48,400 $186,800
2022 $4,354 $235,200 $48,400 $186,800
2021 $4,234 $235,200 $48,400 $186,800
2020 $3,994 $192,300 $38,000 $154,300
2019 $3,994 $192,300 $38,000 $154,300
2018 $3,902 $192,300 $38,000 $154,300
2017 $3,106 $135,400 $17,300 $118,100
2016 $3,040 $135,400 $17,300 $118,100
2015 $3,040 $135,400 $17,300 $118,100
2014 $2,608 $114,200 $17,300 $96,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Henry Priest

    Northeast Realty Asssociates

    Section Image

  • E

    Buyer's Agent in 2018

    Elmehdi Mechtaly

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1193169

State-Wide MLS

APN: CRAN-000008-000001-000918

Rhode Island Providence County Cranston 02920 Knightsville

1574 Cranston St, Cranston, RI

This home is located at 1574 Cranston St, Cranston, RI 02920 since 29 May 2018 and is currently estimated at $537,282, approximately $184 per square foot. This property was built in 1920. 1574 Cranston St is a home located in Providence County with nearby schools including George J. Peters School, Western Hills 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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