NOT LISTED FOR SALE

16 Lookout Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $432,476 - $561,000

5 Beds
2 Baths
2,171 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $230,000 $106 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,088/month

162 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Baseboard Heating

About This Home

As of November 2017

This home is located at 16 Lookout Ave, Cranston, RI 02920 since 18 May 2017 and is currently estimated at $507,619, approximately $233 per square foot. This property was built in 1927. 16 Lookout Ave is a home located in Providence County with nearby schools including Arlington Elementary School, Hugh B. Bain Middle School, and Cranston High School East.

Last Agent to Sell the Property

Basty Ortiz

Bani Properties License #REB.0017187 Listed on: 05/18/2017

Last Buyer's Agent

Team Success

Green Space Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1927

Lot Details

  • 4,750

Home Design

  • 2,171 Sq Ft Home
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 4,750 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 2872
  • Assessor Parcel Number 16LookoutAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 2171.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1927
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4750.0
  • Parcel #: 16LookoutAVCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 2872
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Nov 27, 2017
Sold by
Perez Yris
Bought by
Morales Carlos H
Seller's Agent
Basty Ortiz
Bani Properties
Buyer's Agent
Team Success
Green Space Realty Group
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Current Estimated Value
$507,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,619
Avg. Annual Appreciation
10.37%
Original Mortgage
$225,834
Outstanding Balance
$191,010
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$316,609

Purchase Details

Listed on
Aug 6, 2013
Closed on
Dec 10, 2013
Sold by
Paliotta Joseph J and Paliotta Marie S
Bought by
Perez Yris
Seller's Agent
Helen Coupe
RE/MAX Metro
Buyer's Agent
Basty Ortiz
Bani Properties
List Price
$159,711
Sold Price
$160,000
Premium/Discount to List
$289
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$157,102
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Carlos H $230,000 --
Perez Yris $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Yris $225,834
Closed Perez Yris $8,050
Closed Perez Yris $5,500
Previous Owner Perez Yris $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2017 11/27/17 Sold $230,000 -11.2% $106 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $259,000 +61.9% $119 / Sq Ft
12/09/2013 12/09/13 Sold $160,000 +0.2% $74 / Sq Ft View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $159,711 -- $74 / 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 $4,980 $358,800 $86,800 $272,000
2024 $4,883 $358,800 $86,800 $272,000
2023 $4,629 $244,900 $59,900 $185,000
2022 $4,533 $244,900 $59,900 $185,000
2021 $4,408 $244,900 $59,900 $185,000
2020 $4,011 $193,100 $46,600 $146,500
2019 $4,011 $193,100 $46,600 $146,500
2018 $3,918 $193,100 $46,600 $146,500
2017 $3,439 $149,900 $36,600 $113,300
2016 $3,365 $149,900 $36,600 $113,300
2015 $3,365 $149,900 $36,600 $113,300
2014 $3,353 $146,800 $36,600 $110,200
Source: Public Records

Agents Affiliated with this Home

  • Basty Ortiz

    Seller's Agent in 2017

    Basty Ortiz

    Bani Properties

    (401) 663-6314

    1 in this area

    68 Total Sales

    Basty Ortiz
    Section Image

  • T

    Buyer's Agent in 2017

    Team Success

    Green Space Realty Group

  • H

    Seller's Agent in 2013

    Helen Coupe

    RE/MAX Metro

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1161033

State-Wide MLS

APN: CRAN-000007-000004-002872

Rhode Island Providence County Cranston 02920 Laurel Hill

16 Lookout Ave, Cranston, RI

Not Listed for Sale

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