$495,000
SOLD MAR 9, 2022

1579 Elmwood Ave Cranston, RI 02910

Park View Neighborhood
8 Beds
4 Baths
3,470 Sq Ft
0.38 Acres

Recently Sold

$143 Per Sq Ft

10% Below List Price

23 Days on Market

Highlights

  • 0.38 Acre Lot
  • Recreation Facilities
  • Shops
  • Wood Flooring
  • Public Transportation
  • Property near a hospital

About This Home

As of May 2024

Property consists of 2 separate multi-family homes being sold together. 2 units each, for a total of 4 units, on 2 lots. Zoned C-5. Combined lots are 16,638 sq. ft. These beautiful Cranston multi-families feature hardwood floors, off street parking, 2 bedrooms each unit, separate utilities. Estate Sale. Cash or private financing only.

Last Agent to Sell the Property

Francis Hiraldo

BHHS Commonwealth Real Estate License #RES.0041142 Listed on: 01/14/2022

BHHS Commonwealth Real Estate

Last Buyer's Agent

Francis Hiraldo

BHHS Commonwealth Real Estate License #RES.0041142 Listed on: 01/14/2022

BHHS Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,227

Year Built

  • Built in 1947

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,470 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • 0.38 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 221-222
  • Assessor Parcel Number 15791581ELMWOODAVCRAN

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,227

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.382
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 3470.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1947
  • Special Features: 4108

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16638.0
  • Parcel #: 15791581ELMWOODAVCRAN
  • Zoning: C5
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 8227.0
  • Tax Lot: 221-222
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
May 9, 2024
Sold by
Fort Prop Llc
Bought by
Rodriguez-Richar Carolina
Seller's Agent
Brian Praileau
Real Broker, LLC
Buyer's Agent
Jenny Clement
Century 21 Visionary Group
List Price
$405,000
Sold Price
$418,500
Premium/Discount to List
$13,500
3.33%
Views
69
Current Estimated Value
$458,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,792
Avg. Annual Appreciation
3.74%
Original Mortgage
$403,750
Outstanding Balance
$399,480
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,152

Purchase Details

Closed on
Oct 6, 2020
Sold by
D E Land Co Llc
Bought by
Ewell Ft and Well

Purchase Details

Listed on
Nov 13, 2012
Closed on
Nov 26, 2013
Sold by
Antonetta Magnone Ret
Bought by
Magnone John E and Magnone Richard P
Seller's Agent
Brian DuPont
Real Estate Masters, Inc.
Buyer's Agent
Brian Dupont
Real Estate Masters, Inc.
List Price
$189,900
Sold Price
$150,000
Premium/Discount to List
-$39,900
-21.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $425,000 None Available
Deed $425,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Joint Tenancy Deed -- --
Joint Tenancy Deed -- --
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 Purchase Money Mortgage
Closed $403,750 Purchase Money Mortgage
Previous Owner $85,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $418,500 +3.3% $161 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $405,000 -18.2% $156 / Sq Ft
03/09/2022 03/09/22 Sold $495,000 -10.0% $143 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $550,000 +266.7% $159 / Sq Ft
11/25/2013 11/25/13 Sold $150,000 -21.0% $43 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $189,900 -- $55 / 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 $4,680 $343,900 $123,000 $220,900
2023 $3,687 $195,100 $54,000 $141,100
2022 $3,611 $195,100 $54,000 $141,100
2021 $3,512 $195,100 $54,000 $141,100
2020 $3,203 $154,200 $42,400 $111,800
2019 $3,203 $154,200 $42,400 $111,800
2018 $3,129 $154,200 $42,400 $111,800
2017 $2,560 $111,600 $19,300 $92,300
2016 $2,505 $111,600 $19,300 $92,300
2015 $2,505 $111,600 $19,300 $92,300
2014 $2,499 $109,400 $19,300 $90,100
Source: Public Records

Agents Affiliated with this Home

  • Brian Praileau

    Seller's Agent in 2024

    Brian Praileau

    Real Broker, LLC

    (401) 255-3877

    2 in this area

    21 Total Sales

    Brian Praileau
    Section Image
  • Jenny Clement

    Buyer's Agent in 2024

    Jenny Clement

    Century 21 Visionary Group

    (401) 243-4223

    1 in this area

    65 Total Sales

    Jenny Clement
    Section Image
  • Francis Hiraldo

    Seller's Agent in 2022

    Francis Hiraldo

    BHHS Commonwealth Real Estate

    (401) 660-9273

    2 in this area

    57 Total Sales

    Francis Hiraldo
    Section Image

  • B

    Seller's Agent in 2013

    Brian DuPont

    Real Estate Masters, Inc.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1301495

State-Wide MLS

APN: CRAN-000004-000002-000222

Rhode Island Providence County Cranston 02910 Park View

1579 Elmwood Ave, Cranston, RI

This home is located at 1579 Elmwood Ave, Cranston, RI 02910 and is currently priced at $495,000, approximately $142 per square foot. This property was built in 1947. 1579 Elmwood Ave is a home located in Providence County with nearby schools including Edgewood Highland Elementary School, Edward S. Rhodes School, and Park View Middle School.

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