NOT LISTED FOR SALE

16 Friendly Rd Cranston, RI 02910

Estimated Value: $508,839 - $659,000

5 Beds
2 Baths
2,554 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $503,000 $197 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,650/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Attic
  • Thermal Windows
  • Wood Flooring
  • 2 Car Detached Garage
  • Porch

About This Home

As of March 2023

WOW..LOOKING FOR AN OPPORTUNITY? PRIDE OF OWNERSHIP DESCRIBES THIS SPACIOUS TWO FAMILY HOME WITH BEAUTIFUL ARCHITECTURAL DETAILS ..NEWER EXTERIOR VINYL SIDING & ROOF, 2 CAR GARAGE PLUS AN ADDITIONAL DRIVEWAY FOR PARKING. EACH UNIT HAS APPROX. 1200 SQ FT OF LIVING SPACE.. 1ST (3BED) & 2ND FLOORS (2BED) INCLUDE APPLIANCED KITCHEN, 1 FULL BATH, DINING ROOM, FAMILY ROOM & DOUBLE FRENCH DOORS THAT OPEN TO A 4 SEASON ROOM..LOTS OF WINDOWS ALLOW FOR AN ABUNDANCE OF NATURAL LIGHT AND A BONUS.. RELAX ON YOUR 2ND FLOOR ENCLOSED PORCH! POTENTIAL EXPANSION IN ATTIC WITH 2 FULL SIZE WINDOWS..
FULL BASEMENT HAS SEPARATE AREAS FOR PLENTY OF STORAGE .. ENJOY THE CONVENIENCE OF THIS LOCATION ..MINUTES TO HIGHWAY ACCESS, SHOPPING, RESTAURANTS, PROVIDENCE & GARDEN CITY!

Last Agent to Sell the Property

Rita Wright

RE/MAX Professionals License #RES.0018276 Listed on: 02/16/2023

RE/MAX Professionals

Last Buyer's Agent

Jason Corsini

Northeast Realty Asssociates License #RES.0029948

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1926

Lot Details

  • 5,000

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,554 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 2268
  • Assessor Parcel Number 16FRIENDLYRDCRAN

Community Details

Overview

  • 2 Units
  • Auburn Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Auburn
  • Above Grade Finished Sq Ft: 2554.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1926
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Individual, Oil, Steam, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 16FRIENDLYRDCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5590.0
  • Tax Lot: 2268
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 17, 2023
Sold by
Eric M Norberg Lt
Bought by
Hiciano David G
Seller's Agent
Rita Wright
RE/MAX Professionals
Buyer's Agent
Jason Corsini
Northeast Realty Asssociates
List Price
$479,900
Sold Price
$503,000
Premium/Discount to List
$23,100
4.81%
Views
168
Current Estimated Value
$595,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,710
Avg. Annual Appreciation
6.42%
Original Mortgage
$493,889
Outstanding Balance
$477,709
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$118,001

Purchase Details

Closed on
Jun 6, 1997
Sold by
Slater Investments Llc
Bought by
Norberg Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hiciano David G $503,000 None Available
Norberg Eric M $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiciano David G $493,889
Previous Owner Norberg Eric M $101,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $503,000 +4.8% $197 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $479,900 -- $188 / 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
2025 $6,165 $444,200 $106,900 $337,300
2024 $6,046 $444,200 $106,900 $337,300
2023 $5,708 $302,000 $70,400 $231,600
2022 $5,590 $302,000 $70,400 $231,600
2021 $5,436 $302,000 $70,400 $231,600
2020 $5,010 $241,200 $67,000 $174,200
2019 $5,010 $241,200 $67,000 $174,200
2018 $4,894 $241,200 $67,000 $174,200
2017 $4,586 $199,900 $60,300 $139,600
2016 $4,488 $199,900 $60,300 $139,600
2015 $4,488 $199,900 $60,300 $139,600
2014 $4,296 $188,100 $60,300 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Rita Wright

    Seller's Agent in 2023

    Rita Wright

    RE/MAX Professionals

    (401) 480-3113

    75 Total Sales

    Rita Wright
    Section Image

  • J

    Buyer's Agent in 2023

    Jason Corsini

    Northeast Realty Asssociates

    (401) 487-7874

    72 Total Sales

    Jason Corsini
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1329877

State-Wide MLS

APN: CRAN-000006-000001-002268

Rhode Island Providence County Cranston 02910

16 Friendly Rd, Cranston, RI

Not Listed for Sale

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