$515,000
SOLD DEC 5, 2024
3 Beds
2 Baths
3,712 Sq Ft
8,100 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

8% Above List Price

11 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • 1 Fireplace

About This Home

As of December 2024

Discover this lovely 2-family home in Cranston, RI, perfect for investors or owner-occupants. The first unit features 2 spacious bedrooms and 1 full bath, while the second unit offers 1 bedroom and 1 full bath, both showcasing stunning hardwood flooring throughout. Kitchens in both units are equipped with sleek stainless steel appliances, adding a touch of modern elegance to this classic property.

A detached 2-car garage and additional parking in the paved driveway provide ample space for residents and guests. The property includes a good-sized backyard, ideal for outdoor relaxation or gatherings. Located in a desirable Cranston neighborhood, this home is close to shopping, dining, and other local amenities, combining convenience with comfort.

Whether you're looking to rent out one unit for extra income or keep both for extended family, this well-maintained property offers great flexibility and an attractive opportunity in a prime location! Please do not disturb current occupants.

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 10/25/2024

Century 21 Limitless

Last Buyer's Agent

Zach Midwood

Divine Real Estate License #RES.0046739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,157

Year Built

  • Built in 1958

Lot Details

  • 8,100 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,712 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 2404
  • Assessor Parcel Number 16WAKEFIELDAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,157

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.186
  • Inclusions: Highest & Best offers are due by 11/25/2024.
  • Above Grade Finished Sq Ft: 3712.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1958
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8100.0
  • Parcel #: 16WAKEFIELDAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5157.0
  • Tax Lot: 2404
  • Tax Map Number: 007
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 5, 2024
Sold by
Burrows Stephen
Bought by
Boyle Jillian and Grace Domenic
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Zach Midwood
Divine Real Estate
List Price
$475,000
Sold Price
$515,000
Premium/Discount to List
$40,000
8.42%
Views
25
Current Estimated Value
$554,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,606
Avg. Annual Appreciation
9.34%
Original Mortgage
$505,672
Outstanding Balance
$501,500
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$53,106

Purchase Details

Listed on
Jul 7, 2011
Closed on
Feb 15, 2013
Sold by
Vario Richard A and Maxwell Carole A
Bought by
Burrows Stephen
Seller's Agent
Debbie Ciunci Wier
Coldwell Banker Realty
Buyer's Agent
Melissa Riley
Westcott Properties
List Price
$199,900
Sold Price
$110,000
Premium/Discount to List
-$89,900
-44.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
May 27, 2005
Sold by
Lombardi Josephine M and Nonis Carol
Bought by
Vario Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,300
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $515,000 None Available
Warranty Deed $515,000 None Available
Warranty Deed $515,000 None Available
Warranty Deed $110,000 --
Warranty Deed $110,000 --
Deed $299,000 --
Deed $299,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,672 FHA
Closed $505,672 FHA
Previous Owner $209,300 Purchase Money Mortgage
Previous Owner $59,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $515,000 +8.4% $139 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $475,000 +331.8% $128 / Sq Ft
02/15/2013 02/15/13 Sold $110,000 -45.0% $39 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
07/07/2011 07/07/11 For Sale $199,900 -- $70 / 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 $5,157 $378,900 $92,400 $286,500
2023 $5,122 $271,000 $63,800 $207,200
2022 $5,016 $271,000 $63,800 $207,200
2021 $4,878 $271,000 $63,800 $207,200
2020 $4,497 $216,500 $49,600 $166,900
2019 $4,497 $216,500 $49,600 $166,900
2018 $4,393 $216,500 $49,600 $166,900
2017 $4,109 $179,100 $39,000 $140,100
2016 $4,021 $179,100 $39,000 $140,100
2015 $4,021 $179,100 $39,000 $140,100
2014 $4,006 $175,400 $39,000 $136,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1371624

State-Wide MLS

APN: CRAN-000007-000001-002404