$260,000
SOLD NOV 15, 2017

16 Sherman Ave Cranston, RI 02920

Meshanticut Neighborhood
4 Beds
2 Baths
1,248 Sq Ft
8,370 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

4% Below List Price

132 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Thermal Windows
  • Cranston High School West Rated 9+
  • Recreation Facilities
  • Bathtub with Shower

About This Home

As of May 2019

Rare Find - Side by Side Duplex in Oaklawn Neighborhood. Smaller Two Bedroom Apartments, with Eat in Kitchen and Living Room. Hardwood Floors Throughout. Each Unit has their own Separate Back Yard, Basement, Driveway, Heating System (New Gas Fired Higher Efficiency) Separate Electric - Circuit Breakers. Great Rent History - Both Units Rented with Lease.

Last Agent to Sell the Property

Bruce Lane

Lane Ceceri Group License #REB.0015175 Listed on: 06/05/2017

Last Buyer's Agent

Howie Reiner

Century 21 North East License #RES.0040419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1952

Lot Details

  • 8,370 Sq Ft Lot
  • Fenced

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 169
  • Assessor Parcel Number 16-18ShermanAVCRAN

Community Details

Overview

  • 4 Units
  • Oaklawn, Meshanticut Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,110

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Subdivision Name: Oaklawn, Meshanticut
  • Above Grade Finished Sq Ft: 1248.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Aluminum Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

  • 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: 8370.0
  • Parcel #: 16-18ShermanAVCRAN
  • Zoning: A-6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 4110.0
  • Tax Lot: 169
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2019
Closed on
May 31, 2019
Sold by
Prew Micheal
Bought by
Dimuccio Mary E and Dimuccio Robert D
Seller's Agent
Howie Reiner
Century 21 North East
Buyer's Agent
Howie Reiner
Century 21 North East
List Price
$289,900
Sold Price
$286,000
Premium/Discount to List
-$3,900
-1.35%
Current Estimated Value
$499,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,874
Avg. Annual Appreciation
9.00%
Original Mortgage
$264,814
Outstanding Balance
$235,232
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$255,238

Purchase Details

Listed on
Jun 5, 2017
Closed on
Nov 16, 2017
Sold by
Rotmer Gregory C
Bought by
Prew Michael
Seller's Agent
Bruce Lane
Lane Ceceri Group
Buyer's Agent
Howie Reiner
Century 21 North East
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$255,290
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2006
Sold by
Falk Dana and Falk Eric
Bought by
Rotmer Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Lane Bruce D and Lane Mindy B
Bought by
Falk Eric D and Falk Dana G

Purchase Details

Closed on
Jul 10, 2003
Sold by
Ayotte Tara
Bought by
Lane Bruce and Lane Mindy
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $286,000 --
Warranty Deed $260,000 --
Deed $275,000 --
Deed $250,000 --
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,814 FHA
Previous Owner $255,290 FHA
Previous Owner $210,075 No Value Available
Previous Owner $226,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $286,000 -1.3% $229 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $289,900 +11.5% $232 / Sq Ft
11/15/2017 11/15/17 Sold $260,000 -3.7% $208 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $269,900 -- $216 / 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 $4,868 $357,700 $113,500 $244,200
2023 $4,901 $259,300 $74,700 $184,600
2022 $4,800 $259,300 $74,700 $184,600
2021 $4,667 $259,300 $74,700 $184,600
2020 $4,515 $217,400 $71,200 $146,200
2019 $4,515 $217,400 $71,200 $146,200
2018 $4,411 $217,400 $71,200 $146,200
2017 $4,125 $179,800 $64,100 $115,700
2016 $4,037 $179,800 $64,100 $115,700
2015 $4,037 $179,800 $64,100 $115,700
2014 $4,077 $178,500 $64,100 $114,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Howie Reiner

    Century 21 North East

  • Bruce Lane

    Seller's Agent in 2017

    Bruce Lane

    Lane Ceceri Group

    (401) 419-1912

    16 in this area

    285 Total Sales

    Bruce Lane
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1163526

State-Wide MLS

APN: CRAN-000017-000003-000169

Rhode Island Providence County Cranston 02920 Meshanticut

16 Sherman Ave, Cranston, RI

This home is located at 16 Sherman Ave, Cranston, RI 02920 and is currently priced at $260,000, approximately $208 per square foot. This property was built in 1952. 16 Sherman Ave is a home located in Providence County with nearby schools including Glen Hills School, Western Hills Middle School, and Cranston High School West.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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