NOT LISTED FOR SALE

188 Farmington Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $462,279 - $550,000

8 Beds
3 Baths
4,013 Sq Ft
$129/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $445,000 $111 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,262/month

21 Days on Market

About This Home

As of January 2023

Are you looking for a large space, move in ready for your family with rental income to help the mortgage. Well look no further, this 2 family offers a gorgeous open floor concept with 5 bedrooms and 2 bath town house style. The 2nd floor was recently remodeled with brand new flooring, kitchen, stainless steel appliances, paint and many more. The 3rd floor was also redone with it's own living room 3 beds and some updating to the full bathroom. It also offer a 3bedroom apartment on the 1st floor to help with the rent. Home is minutes from the highway with 4-5 off street parking. Home situates in a convenient location with easy access to the highway, shopping, school and public transportation. Call to schedule your appointment for a private showing.

Last Agent to Sell the Property

Marong Tho

CYCAD REALTY, LLC License #REB.0017253 Listed on: 09/30/2022

Last Buyer's Agent

Jeremy Ogunba

eXp Realty License #RES.0044824

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 4,013 Sq Ft Home
  • Vinyl Siding
  • Plaster

Flooring

  • Plywood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Operating Expense $8,000

Listing and Financial Details

  • Tax Lot 588
  • Assessor Parcel Number 188FARMINGTONAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,461

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Above Grade Finished Sq Ft: 4013.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Plywood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: 4356.0
  • Parcel #: 188FARMINGTONAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4460.91
  • Tax Lot: 588
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Jan 10, 2023
Sold by
Deeestate Llc
Bought by
Mccall Kristin
Seller's Agent
Marong Tho
CYCAD REALTY, LLC
Buyer's Agent
Jeremy Ogunba
eXp Realty
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%
Views
148
Current Estimated Value
$518,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,820
Avg. Annual Appreciation
4.21%
Original Mortgage
$436,939
Outstanding Balance
$424,549
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$71,860

Purchase Details

Closed on
Nov 14, 2019
Sold by
Uy Chanrith
Bought by
Deeestate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 13, 2013
Closed on
Oct 15, 2013
Sold by
Diruzzo Josephine and Ricci Thomas
Bought by
Uy Chanrith and Uy Channa
Seller's Agent
Donna Holmes
Coldwell Banker Realty
Buyer's Agent
MASS ALLIANCE PARTNER
MASS.PIN MLS
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$125,610
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mccall Kristin $445,000 None Available
Deeestate Llc -- None Available
Uy Chanrith $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Kristin $436,939
Previous Owner Uy Chanrith $150,000
Previous Owner Uy Chanrith $60,000
Previous Owner Uy Chanrith $125,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $445,000 -5.1% $111 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $469,000 +260.8% $117 / Sq Ft
10/15/2013 10/15/13 Sold $130,000 -12.8% $67 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $149,000 -- $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 $5,283 $388,200 $85,900 $302,300
2023 $4,555 $241,000 $59,300 $181,700
2022 $4,461 $241,000 $59,300 $181,700
2021 $4,338 $241,000 $59,300 $181,700
2020 $3,959 $190,600 $46,100 $144,500
2019 $3,749 $180,500 $46,100 $134,400
2018 $3,662 $180,500 $46,100 $134,400
2017 $3,294 $143,600 $36,200 $107,400
2016 $3,224 $143,600 $36,200 $107,400
2015 $3,224 $143,600 $36,200 $107,400
2014 $3,246 $142,100 $36,200 $105,900
Source: Public Records

Agents Affiliated with this Home

  • Marong Tho

    Seller's Agent in 2023

    Marong Tho

    CYCAD REALTY, LLC

    (508) 863-0508

    1 in this area

    52 Total Sales

    Marong Tho
    Section Image

  • J

    Buyer's Agent in 2023

    Jeremy Ogunba

    eXp Realty

    (401) 663-3366

    1 in this area

    12 Total Sales

    Jeremy Ogunba
    Section Image
  • Donna Holmes

    Seller's Agent in 2013

    Donna Holmes

    Coldwell Banker Realty

    (401) 578-9905

    23 Total Sales

    Donna Holmes
    Section Image

  • M

    Buyer's Agent in 2013

    MASS ALLIANCE PARTNER

    MASS.PIN MLS

    (800) 334-0831

    2 in this area

    160 Total Sales

    MASS ALLIANCE PARTNER
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1321249

State-Wide MLS

APN: CRAN-000007-000001-000588

Rhode Island Providence County Cranston 02920 Laurel Hill

188 Farmington Ave, Cranston, RI

This home is located at 188 Farmington Ave, Cranston, RI 02920 since 30 September 2022 and is currently estimated at $518,820, approximately $129 per square foot. This property was built in 1920. 188 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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