NOT LISTED FOR SALE

1615 Cranston St Cranston, RI 02920

Knightsville Neighborhood

Estimated Value: $622,000 - $730,000

6 Beds
3 Baths
2,526 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $640,000 $253 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,094/month

6 Days on Market

Highlights

  • 0.31 Acre Lot
  • Attic
  • Porch
  • Cranston High School West Rated 9+
  • 2 Fireplaces
  • Window Unit Cooling System

About This Home

As of August 2024

Great investment and money-making opportunity awaits in desirable Knightsville! This 3-family property is situated on a large corner lot and offers off-street parking for 8-10 vehicles. Each unit consists of 2 bedrooms, 1 full bathroom, a comfortably-sized living room, an eat-in kitchen, and two of the units feature a brick fireplace. Laundry hook-ups are available for all 3 units. Separate utilities include 3 individual gas meters, 3 100-amp electrical panels, 3 gas furnaces, and 3 hot water tanks. All utilities are paid for by the tenants. Uncover the potential for an additional 4th unit on the 3rd floor. A relaxing front porch, a nice yard with a shed, and a location in the Cranston school systems, close to shopping, restaurants & all conveniences make this one a must see.

Last Agent to Sell the Property

Michael Harrison

Williams & Stuart Real Estate License #RES.0044166 Listed on: 07/11/2024

Williams & Stuart Real Estate

Last Buyer's Agent

Steven Miller

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1795

Lot Details

  • 0.31

Home Design

  • Brick Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,526 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • 0.31 Acre Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 966
  • Assessor Parcel Number 1615CRANSTONSTCRAN

Community Details

Overview

  • 3 Units
  • Knightsville Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1795

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3068
  • Subdivision Name: Knightsville
  • Above Grade Finished Sq Ft: 2526.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1795
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13364.0
  • Parcel #: 1615CRANSTONSTCRAN
  • Zoning: B-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5232.0
  • Tax Lot: 966
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 16, 2024
Sold by
Vitucci Sonia M
Bought by
Peguero Jacob M
Seller's Agent
Michael Harrison
Williams & Stuart Real Estate
Buyer's Agent
Steven Miller
Coldwell Banker Realty
List Price
$619,000
Sold Price
$640,000
Premium/Discount to List
$21,000
3.39%
Views
36
Current Estimated Value
$671,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,285
Avg. Annual Appreciation
4.43%
Original Mortgage
$512,000
Outstanding Balance
$507,200
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$164,085

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jul 29, 2022
Sold by
Zannella Gerard S and Zannella Stephanie
Bought by
Vitucci Sonia M
Seller's Agent
Raymond Sinapi
One Stop Real Estate
Buyer's Agent
Michael Harrison
Williams & Stuart Real Estate
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.77%
Original Mortgage
$395,298
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jul 21, 2022
Sold by
Zannella Theresa I Est and Zannella
Bought by
Vitucci Sonia M
Seller's Agent
Raymond Sinapi
One Stop Real Estate
Buyer's Agent
Michael Harrison
Williams & Stuart Real Estate
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,298
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2018
Sold by
Zannella Gerard S
Bought by
Zannella Gerard S and Zannella Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Peguero Jacob M $640,000 None Available
Vitucci Sonia M $402,579 None Available
Vitucci Sonia M $402,579 None Available
Vitucci Sonia M $5,125 None Available
Vitucci Sonia M $5,125 None Available
Vitucci Sonia M $2,296 None Available
Zannella Gerard S -- --
Zannella Gerard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peguero Jacob M $512,000
Previous Owner Vitucci Sonia M $395,298
Previous Owner Zannella Gerard S $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $640,000 +3.4% $253 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $619,000 +54.8% $245 / Sq Ft
08/02/2022 08/02/22 Sold $400,000 0.0% $77 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $399,900 -- $77 / 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 $6,418 $471,600 $127,600 $344,000
2023 $5,260 $278,300 $56,000 $222,300
2022 $5,151 $278,300 $56,000 $222,300
2021 $5,009 $278,300 $56,000 $222,300
2020 $4,958 $238,700 $44,000 $194,700
2019 $4,958 $238,700 $44,000 $194,700
2018 $4,843 $238,700 $44,000 $194,700
2017 $3,842 $167,500 $20,000 $147,500
2016 $3,760 $167,500 $20,000 $147,500
2015 $3,760 $167,500 $20,000 $147,500
2014 $3,184 $139,400 $20,000 $119,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Harrison

    Seller's Agent in 2024

    Michael Harrison

    Williams & Stuart Real Estate

    (401) 996-7153

    4 in this area

    76 Total Sales

    Michael Harrison
    Section Image
  • Steven Miller

    Buyer's Agent in 2024

    Steven Miller

    Coldwell Banker Realty

    (401) 477-9316

    2 in this area

    184 Total Sales

    Steven Miller
    Section Image
  • Raymond Sinapi

    Seller's Agent in 2022

    Raymond Sinapi

    One Stop Real Estate

    (401) 640-1799

    3 in this area

    28 Total Sales

    Raymond Sinapi
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1363447

State-Wide MLS

APN: CRAN-000008-000001-000966

Rhode Island Providence County Cranston 02920 Knightsville

1615 Cranston St, Cranston, RI

This home is located at 1615 Cranston St, Cranston, RI 02920 since 11 July 2024 and is currently estimated at $671,285, approximately $265 per square foot. This property was built in 1795. 1615 Cranston St is a home located in Providence County with nearby schools including George J. Peters 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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