NOT LISTED FOR SALE

Estimated Value: $377,454 - $543,000

4 Beds
2 Baths
1,680 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $425,000 $253 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,991/month

7 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Gas

About This Home

As of June 2022

Immaculate and well maintained 2 family in a superb and amazing Cranston neighborhood. Ideal for owner occupant or investor. Good sized units with 6 car parking. Conveniently located near shopping centers and highways. This property has 4 bedrooms, 2 baths, with open kitchens and living rooms. Common laundry facility in back hall with ample storage space. Cedar fence that wraps around a huge backyard which includes a double sided shed for extra storage and a paved patio for outdoor living. Updated electrical panels. New style solar panels just under 3 yrs old which will help supplement electric bill. 5 yr old central air system with heating/cooling. Newly installed Rinnai On-demand water heater. Separate driveway for each unit. Have to see this house in person! This home will not last!!

Last Listed By

Wilkins Henderson

BHHS Commonwealth Real Estate License #RES.0040876 Listed on: 02/21/2022

BHHS  Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • 1,680 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Central Air
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1423
  • Assessor Parcel Number 159CHESTNUTHILLAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Above Grade Finished Sq Ft: 1680.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 159CHESTNUTHILLAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Lot: 1423
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
May 3, 2016
Sold by
Sangiovanni Peter and Smith Terry A
Bought by
Gomez Byron
Seller's Agent
James San Giovanni
Harbors & Homes RE & Appraisal
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%
Total Days on Market
7
Current Estimated Value
$475,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,614
Avg. Annual Appreciation
12.85%
Original Mortgage
$157,102
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2004
Sold by
F Roosewelt Politica C
Bought by
Smith Andrew and Smith Terry-Ann

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 Buyer Sale Price Title Company
Gomez Byron $80,000 --
Gomez Byron $80,000 --
Smith Andrew $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Byron $219,780
Closed Smith Andrew $157,102
Previous Owner Smith Andrew $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $425,000 +13.3% $253 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $375,000 +134.4% $223 / Sq Ft
05/02/2016 05/02/16 Sold $160,000 +3.3% $97 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
06/29/2015 06/29/15 For Sale $154,900 -- $94 / 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 $4,264 $313,300 $87,400 $225,900
2023 $4,370 $231,200 $60,300 $170,900
2022 $4,280 $231,200 $60,300 $170,900
2021 $4,162 $231,200 $60,300 $170,900
2020 $3,811 $183,500 $46,900 $136,600
2019 $3,811 $183,500 $46,900 $136,600
2018 $3,723 $183,500 $46,900 $136,600
2017 $3,560 $155,200 $46,900 $108,300
2016 $3,484 $155,200 $46,900 $108,300
2015 $3,484 $155,200 $46,900 $108,300
2014 $3,757 $164,500 $46,900 $117,600
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1303658

State-Wide MLS

APN: CRAN-000008-000003-001423