1581 Elmwood Ave Cranston, RI 02910
Park View NeighborhoodEstimated Value: $456,717 - $504,000
4
Beds
2
Baths
2,824
Sq Ft
$169/Sq Ft
Est. Value
About This Home
As of May 2024Back on the market, the seller is currently working on the zoning to subdivide the lots. This property is turn-key ready with updates throughout both units. Ample parking and laundry in the unit for the first floor and in the basement for the second floor.
Last Agent to Sell the Property
Real Broker, LLC License #RES.0044226 Listed on: 07/27/2023
Last Buyer's Agent
Emeliza Infante
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,602
Year Built
- Built in 1947
Lot Details
- 4,679 Sq Ft Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,824 Sq Ft Home
- 2-Story Property
- Laundry in unit
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 221
- Assessor Parcel Number 1581ELMWODAVCRAN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
May 7, 2024
Sold by
Fort Prop Llc
Bought by
Paula Amalia Y and Rodriguez Louis N
Seller's Agent
Brian Praileau
Real Broker, LLC
Buyer's Agent
Emeliza Infante
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Total Days on Market
18
Views
90
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
$36,929
Avg. Annual Appreciation
7.82%
Original Mortgage
$439,885
Outstanding Balance
$435,172
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$41,757
Purchase Details
Closed on
Oct 6, 2020
Sold by
D E Land Co Llc
Bought by
Ewell Ft and Well
Purchase Details
Closed on
Nov 26, 2013
Sold by
Magnone Richard P and Magnone John E
Bought by
Elwell Maynard D
Similar Homes in Cranston, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paula Amalia Y | $448,000 | None Available | |
| Paula Amalia Y | $448,000 | None Available | |
| Ewell Ft | -- | None Available | |
| Ewell Ft | -- | None Available | |
| Elwell Maynard D | $150,000 | -- | |
| Magnone John E | -- | -- | |
| Magnone John E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paula Amalia Y | $439,885 | |
| Closed | Paula Amalia Y | $439,885 | |
| Previous Owner | Fort Properties Llc | $532,000 | |
| Previous Owner | Fort Properties Llc | $85,000 | |
| Previous Owner | Fort Properties Llc | $571,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $440,000 | +3.5% | $156 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | For Sale | $425,000 | -- | $150 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,807 | $353,200 | $105,900 | $247,300 |
| 2023 | $3,678 | $194,600 | $46,500 | $148,100 |
| 2022 | $3,602 | $194,600 | $46,500 | $148,100 |
| 2021 | $3,503 | $194,600 | $46,500 | $148,100 |
| 2020 | $3,194 | $153,800 | $36,500 | $117,300 |
| 2019 | $3,194 | $153,800 | $36,500 | $117,300 |
| 2018 | $3,121 | $153,800 | $36,500 | $117,300 |
| 2017 | $2,443 | $106,500 | $16,600 | $89,900 |
| 2016 | $2,391 | $106,500 | $16,600 | $89,900 |
| 2015 | $2,391 | $106,500 | $16,600 | $89,900 |
| 2014 | $2,538 | $111,100 | $16,600 | $94,500 |
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
-
E
Buyer's Agent in 2024
Emeliza Infante
Map
Source: State-Wide MLS
MLS Number: 1340427
APN: CRAN-000004-000002-000221
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