$589,000
SOLD FEB 25, 2025

169 Albert Ave Cranston, RI 02905

Edgewood Neighborhood
1 Bed
1 Bath
3,169 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • Plywood Flooring
  • 3 Car Detached Garage
  • Public Transportation
  • Walking Distance to Water
  • Bathtub with Shower
  • Wood Siding

About This Home

As of February 2025

INVESTORS TAKE NOTICE. HOME NEEDS FINISHING. SELLER HAS DONE SOME BEAUTIFUL WORK BUT UNFORTUNATELY WILL NOT BE COMPLETEING IT BEFORE SALE. THIS IS A RARE OPPORTUNITY IN SUCH A WONDERFUL COASTAL NEIGHBORHOOD. JUST SO YOU ARE AWARE.. BOTH APARTMENTS ARE INCOMPLETE THAT IS WHY I PUT 0 LIVING SPACE FOR APARTMENTS IN LISTING.

Last Agent to Sell the Property

Cynthia Carlson

Regal Realty License #RES.0043058 Listed on: 12/22/2024

Co-Listed By

Jackeline Martinez

Regal Realty License #RES.0048017

Last Buyer's Agent

Cynthia Carlson

Regal Realty License #RES.0043058 Listed on: 12/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,982

Year Built

  • Built in 1919

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3,169 Sq Ft Home
  • 3-Story Property
  • Free Standing Fireplace
  • Marble Fireplace
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Plywood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 1685/2158
  • Assessor Parcel Number 169ALBERTAVCRAN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Edgewood Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,982

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: RRRL
  • Co List Office Phone: 401-639-6101
  • Subdivision Name: EDGEWOOD
  • Above Grade Finished Sq Ft: 3169.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1919
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Range Hood
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Free Standing, Masonry, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Plywood
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 169ALBERTAVCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9982.0
  • Tax Lot: 1685/2158
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2025
Sold by
Smith And Oak Dev Co Llc
Bought by
Furnace Hill Prop Llc
Current Estimated Value
$721,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,187
Outstanding Balance
$674,019
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,981

Purchase Details

Listed on
Dec 22, 2024
Closed on
Feb 24, 2025
Sold by
Lapierre Stephen W
Bought by
Smith & Oak Dev Co Llc
Seller's Agent
Cynthia Carlson
Regal Realty
Buyer's Agent
Cynthia Carlson
Regal Realty
List Price
$549,900
Sold Price
$589,000
Premium/Discount to List
$39,100
7.11%
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
26.51%
Original Mortgage
$500,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1995
Sold by
Mlq Inv Lp
Bought by
Lapierre Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed -- --
Warranty Deed $589,000 None Available
Warranty Deed $589,000 None Available
Warranty Deed $140,000 --
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,187 Purchase Money Mortgage
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $47,000 No Value Available
Previous Owner $112,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $589,000 +7.1% $186 / Sq Ft
12/25/2024 12/25/24 Pending -- -- --
12/22/2024 12/22/24 For Sale $549,900 -- $174 / 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 $10,180 $733,400 $220,700 $512,700
2024 $9,982 $733,400 $220,700 $512,700
2023 $9,675 $511,900 $159,500 $352,400
2022 $9,475 $511,900 $159,500 $352,400
2021 $9,214 $511,900 $159,500 $352,400
2020 $9,130 $439,600 $148,600 $291,000
2019 $9,130 $439,600 $148,600 $291,000
2018 $8,919 $439,600 $148,600 $291,000
2017 $8,105 $353,300 $137,800 $215,500
2016 $7,932 $353,300 $137,800 $215,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cynthia Carlson

    Regal Realty

    (401) 808-5558

    1 in this area

    30 Total Sales

    Cynthia Carlson
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jackeline Martinez

    Regal Realty

    (401) 623-9976

    1 in this area

    4 Total Sales

    Jackeline Martinez
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1374955

State-Wide MLS

APN: CRAN M:2-3 L:1685 U:

Rhode Island Providence County Cranston 02905 Edgewood

169 Albert Ave, Cranston, RI

Sold

MultiFamily

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