NOT LISTED FOR SALE

186 Farmington Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $550,000 - $693,000

9 Beds
3 Baths
5,011 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $432,000 $86 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,844/month

26 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Baseboard Heating
  • 4 Car Detached Garage

About This Home

As of August 2021

AWESOME 3 Family!!! This spacious, well maintained property has everything! First floor has beautiful kitchen with custom cabinets, updated bathroom, hardwood floors, a spacious master bedroom with generous closet space. All SEPARATE UTILITIES! Three separate high-efficiency gas heating systems, newer rubber roof, separate updated electric panels, vinyl windows, vinyl siding... The second and third floor units are in good condition. Attention investors, seller listed below market value so it sells quickly, looking to keep very credible tenants in place. Excellent income property! Highest & best by 6/28.

Last Agent to Sell the Property

Jason Corsini

Northeast Realty Asssociates License #RES.0029948 Listed on: 06/22/2021

Last Buyer's Agent

Rosalba Hiraldo

The Premium Group Real Estate License #REB.0019319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,993

Year Built

  • Built in 1920

Lot Details

  • 4,400 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 5,011 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 3 Units
  • Operating Expense $6,793

Listing and Financial Details

  • Tax Lot 598
  • Assessor Parcel Number 186FARMINGTONAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,993

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.101
  • Above Grade Finished Sq Ft: 5011.0
  • 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: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood, Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • 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

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4400.0
  • Parcel #: 186FARMINGTONAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6793.0

Tax Info

  • Tax Annual Amount: 4993.0
  • Tax Lot: 598
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 19, 2021
Sold by
Lawton Steven and Lawton Jacquelyn
Bought by
Tapia Jawerling A
Seller's Agent
Jason Corsini
Northeast Realty Asssociates
Buyer's Agent
Rosalba Hiraldo
The Premium Group Real Estate
List Price
$399,000
Sold Price
$432,000
Premium/Discount to List
$33,000
8.27%
Current Estimated Value
$603,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,438
Avg. Annual Appreciation
9.46%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Mar 29, 2019
Sold by
Atwood Properties Llc
Bought by
Lawton Steven and Lawton Jacquelyn
Seller's Agent
Philip Renzi
Multi State Realty
Buyer's Agent
Jason Corsini
Northeast Realty Asssociates
List Price
$289,900
Sold Price
$290,000
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
18.15%
Original Mortgage
$217,500
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 7, 2019
Closed on
Feb 28, 2019
Sold by
Picozzi Albert J
Bought by
Atwood Properties Llc
Seller's Agent
Philip Renzi
Multi State Realty
Buyer's Agent
Jason Corsini
Northeast Realty Asssociates
List Price
$289,900
Sold Price
$290,000
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
$217,500
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
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
Tapia Jawerling A $432,000 None Available
Lawton Steven $290,000 --
Atwood Properties Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Jawerling A $24,046
Closed Tapia Jawerling A $17,741
Previous Owner Lanei James $217,500
Previous Owner Lanei James $235,000
Previous Owner Lanei James $81,800
Previous Owner Lanei James $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $432,000 +8.3% $86 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $399,000 +37.6% $80 / Sq Ft
03/29/2019 03/29/19 Sold $290,000 0.0% $58 / Sq Ft
03/07/2019 03/07/19 For Sale $289,900 -- $58 / 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 $6,983 $513,100 $85,900 $427,200
2023 $5,844 $309,200 $59,300 $249,900
2022 $5,723 $309,200 $59,300 $249,900
2021 $5,566 $309,200 $59,300 $249,900
2020 $4,993 $240,400 $46,100 $194,300
2019 $4,993 $240,400 $46,100 $194,300
2018 $4,878 $240,400 $46,100 $194,300
2017 $4,453 $194,100 $36,200 $157,900
2016 $4,358 $194,100 $36,200 $157,900
2015 $4,358 $194,100 $36,200 $157,900
2014 $3,814 $167,000 $36,200 $130,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jason Corsini

    Northeast Realty Asssociates

    (401) 487-7874

    2 in this area

    71 Total Sales

    Jason Corsini
    Section Image
  • Rosalba Hiraldo

    Buyer's Agent in 2021

    Rosalba Hiraldo

    The Premium Group Real Estate

    (401) 489-9244

    1 in this area

    44 Total Sales

    Rosalba Hiraldo
    Section Image
  • Philip Renzi

    Seller's Agent in 2019

    Philip Renzi

    Multi State Realty

    (508) 730-9697

    80 Total Sales

    Philip Renzi
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1286304

State-Wide MLS

APN: CRAN-000007-000001-000589

Rhode Island Providence County Cranston 02920 Laurel Hill

186 Farmington Ave, Cranston, RI

This home is located at 186 Farmington Ave, Cranston, RI 02920 since 22 June 2021 and is currently estimated at $603,438, approximately $120 per square foot. This property was built in 1920. 186 Farmington Ave is a home located in Providence County with nearby schools including Hugh B. Bain Middle School, Cranston High School East, and Achievement First Promesa.

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