NOT LISTED FOR SALE

1672 Cranston St Cranston, RI 02920

Knightsville Neighborhood

Estimated Value: $464,312

2 Beds
1.5 Baths
3,544 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $450,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,839/month

48 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Bathtub with Shower
  • Cranston High School West Rated 9+
  • Balcony
  • Security System Owned

About This Home

As of November 2024

Great investment opportunity!!! Welcome to 1672 Cranston Street. This mixed-use property is located in the highly desirable neighborhood of Knightsville. The commercial unit, which is located on the first floor, offers a beautiful open layout with central air and is currently being utilized as a hair salon. The second-floor unit is a beautiful two-bedroom, one bathroom, with a walk-in closet. A large basement with amenities has a lot of potential. Ample attic space. Young roof, done June 2024. Close to highways, shopping centers and tons of restaurants. Reach out today for a private showing.

Last Agent to Sell the Property

Jessica Vieira

Empire RE Group, ERA Powered License #RES.0046455 Listed on: 07/18/2024

Last Buyer's Agent

Jimmy Ranieri

Empire RE Group, ERA Powered License #REC.0016826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1924

Lot Details

  • 3,536

Home Design

  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,544 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Balcony
  • 3,536 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 2421
  • Assessor Parcel Number 1672CRANSTONSTCRAN

Community Details

Overview

  • 2 Units
  • Knightsville Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $1,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,120

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0812
  • Subdivision Name: Knightsville
  • Above Grade Finished Sq Ft: 3544.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Bedroom, Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Other
  • Exterior Features: Balcony, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3536.0
  • Parcel #: 1672CRANSTONSTCRAN
  • Zoning: C2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1080.0

Tax Info

  • Tax Annual Amount: 7120.0
  • Tax Lot: 2421
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
D & R Prop Grp Llc
Bought by
Peck Hill Dev Llc
Current Estimated Value
$464,312

Purchase Details

Listed on
Jul 18, 2024
Closed on
Nov 1, 2024
Sold by
Volpe John A and Volpe Natalie D
Bought by
D & R Prop Grp Llc
Seller's Agent
Jessica Vieira
Empire RE Group, ERA Powered
Buyer's Agent
Jimmy Ranieri
Empire RE Group, ERA Powered
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$450,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1993
Sold by
Spremulli Gregory P
Bought by
Volpe John A and Volpe Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
7.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peck Hill Dev Llc -- None Available
Peck Hill Dev Llc -- None Available
D & R Prop Grp Llc $450,000 None Available
D & R Prop Grp Llc $450,000 None Available
D & R Prop Grp Llc $450,000 None Available
Volpe John A $105,000 --
Volpe John A $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D & R Prop Grp Llc $450,000
Previous Owner Volpe John A $114,570
Previous Owner Volpe John A $140,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $450,000 -18.2% $127 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $550,000 -8.2% $155 / Sq Ft
07/18/2024 07/18/24 For Sale $599,000 -- $169 / 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 $4,840 $348,700 $82,200 $266,500
2024 $4,746 $348,700 $82,200 $266,500
2023 $0 $273,200 $70,500 $202,700
2022 $0 $273,200 $70,500 $202,700
2021 $0 $273,200 $70,500 $202,700
2020 $0 $208,800 $64,600 $144,200
2019 $6,506 $208,800 $64,600 $144,200
2018 $0 $208,800 $64,600 $144,200
2017 $0 $190,500 $58,700 $131,800
2016 $6,595 $190,500 $58,700 $131,800
2015 $6,595 $190,500 $58,700 $131,800
2014 $6,595 $192,500 $58,700 $133,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Vieira

    Empire RE Group, ERA Powered

    (401) 580-0298

    1 in this area

    1 Total Sale

    Jessica Vieira
    Section Image
  • Jimmy Ranieri

    Buyer's Agent in 2024

    Jimmy Ranieri

    Empire RE Group, ERA Powered

    (401) 217-4442

    4 in this area

    235 Total Sales

    Jimmy Ranieri
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1363930

State-Wide MLS

APN: CRAN-000008-000001-002421

Rhode Island Providence County Cranston 02920 Knightsville

1672 Cranston St, Cranston, RI

Not Listed for Sale

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