NOT LISTED FOR SALE

1640 Cranston St Cranston, RI 02920

Knightsville Neighborhood

Estimated Value: $452,066 - $543,000

5 Beds
2 Baths
2,416 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $484,900 $201 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,156/month

20 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of January 2024

Stunning 2-Family in a prime location. 1640 Cranston Street combines an investment opportunity with added luxuries for an owner-occupant. Upstairs find a 1,200 sq/ft. 3 bedroom 1 bath unit with private entry. This unit has hardwood floors, updated kitchen, washer/dryer and separate utilities. Downstairs is an updated 2 bedroom 1 bath unit with Central A/C and private washer/dryer. Outside find the perfect size yard and SIX private parking spaces. Additional bonus; private office with half bathroom. Come see all that 1640 Cranston Street has to offer.

Last Agent to Sell the Property

Robert Rinn

RE/MAX Professionals License #RES.0044179 Listed on: 12/08/2023

RE/MAX Professionals

Last Buyer's Agent

Joseph Ribeiro

Lamacchia Realty, Inc License #RES.0045191

Lamacchia Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1920

Lot Details

  • 3,836 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,416 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2238 / 1
  • Assessor Parcel Number 1640CRANSTONSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0881
  • Above Grade Finished Sq Ft: 2416.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • 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: 5
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3836.0
  • Parcel #: 1640CRANSTONSTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4865.0
  • Tax Block: 1
  • Tax Lot: 2238
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 12, 2024
Sold by
Verrecchia Const Mgmt Llc
Bought by
Bonin Paul J
Seller's Agent
Robert Rinn
RE/MAX Professionals
Buyer's Agent
Joseph Ribeiro
Lamacchia Realty, Inc
List Price
$499,900
Sold Price
$484,900
Premium/Discount to List
-$15,000
-3%
Total Days on Market
20
Views
108
Current Estimated Value
$515,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,867
Avg. Annual Appreciation
4.47%
Original Mortgage
$387,920
Outstanding Balance
$382,823
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,944

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 18, 2022
Sold by
Wesley Anthony
Bought by
Verrecchia Construction
Seller's Agent
Tshombe Lambert
Coldwell Banker Realty
Buyer's Agent
Robert Rinn
RE/MAX Professionals
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%
Original Mortgage
$300,000
Interest Rate
5.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 30, 2019
Sold by
Celseti Vincent and Celseti Anna
Bought by
Wesley Anthony
Seller's Agent
Raymond Sinapi
One Stop Real Estate
Buyer's Agent
Braulio Diaz
The Network
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$12,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1989
Sold by
Pontarelli Paul A
Bought by
Celesti Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.9%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Bonin Paul J $484,900 None Available
Verrecchia Construction $365,000 None Available
Wesley Anthony $275,000 --
Celesti Vincent $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonin Paul J $387,920
Previous Owner Verrecchia Construction $300,000
Previous Owner Wesley Anthony $12,000
Previous Owner Celesti Vincent $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $484,900 -3.0% $201 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $499,900 +37.0% $207 / Sq Ft
07/18/2022 07/18/22 Sold $365,000 -8.5% $95 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $399,000 -6.1% $104 / Sq Ft
05/24/2022 05/24/22 For Sale $425,000 +54.5% $111 / Sq Ft
08/30/2019 08/30/19 Sold $275,000 -4.8% $74 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $289,000 -- $78 / 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 $5,014 $368,400 $66,100 $302,300
2023 $5,109 $270,300 $42,100 $228,200
2022 $5,003 $270,300 $42,100 $228,200
2021 $4,865 $270,300 $42,100 $228,200
2020 $4,474 $215,400 $33,100 $182,300
2019 $0 $190,900 $66,100 $124,800
2018 $0 $190,900 $66,100 $124,800
2017 $0 $184,800 $60,100 $124,700
2016 $6,033 $184,800 $60,100 $124,700
2015 $6,033 $184,800 $60,100 $124,700
2014 $6,033 $176,100 $60,100 $116,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Rinn

    Seller's Agent in 2024

    Robert Rinn

    RE/MAX Professionals

    (401) 633-5788

    2 in this area

    292 Total Sales

    Robert Rinn
    Section Image

  • J

    Buyer's Agent in 2024

    Joseph Ribeiro

    Lamacchia Realty, Inc

    (508) 317-2979

    1 in this area

    28 Total Sales

    Joseph Ribeiro
    Section Image
  • Tshombe Lambert

    Seller's Agent in 2022

    Tshombe Lambert

    Coldwell Banker Realty

    (401) 451-4821

    1 in this area

    54 Total Sales

    Tshombe Lambert
    Section Image
  • Raymond Sinapi

    Seller's Agent in 2019

    Raymond Sinapi

    One Stop Real Estate

    (401) 640-1799

    3 in this area

    31 Total Sales

    Raymond Sinapi
    Section Image

  • B

    Buyer's Agent in 2019

    Braulio Diaz

    The Network

    (401) 636-1985

    1 in this area

    181 Total Sales

    Braulio Diaz
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1349386

State-Wide MLS

APN: CRAN-000008-000001-002238

Rhode Island Providence County Cranston 02920 Knightsville

1640 Cranston St, Cranston, RI

This home is located at 1640 Cranston St, Cranston, RI 02920 since 08 December 2023 and is currently estimated at $515,767, approximately $213 per square foot. This property was built in 1920. 1640 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.

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