NOT LISTED FOR SALE

Estimated Value: $500,256 - $565,000

4 Beds
2 Baths
1,953 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $375,000 $192 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,258/month

66 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Cranston High School West Rated 9+
  • Recreation Facilities
  • Thermal Windows

About This Home

As of August 2021

A prime Meshanticut Western Cranston location, abutting the luxury Oaklawn Apartments and the Bike Path, highlights this 1953 sf maintenence free exterior (vinyl siding, replacement windows) two family house. This property offers abundant parking, along with a two car detached garage, and a family friendly fenced back yard. Both spacious apartments offer five rooms and two beds with remodeled first floor kitchen and bath, separate gas heat and hot water and circuit breaker electric. See Virtual Tour for all 35 Interior, Exterior and Aerial Photos and Lazar Measured Floor Plans and Room Dimensions.

Last Agent to Sell the Property

Stephen Smith

RI Real Estate Services License #RES.0015703 Listed on: 05/13/2021

RI Real Estate Services

Last Buyer's Agent

Feng Lei

Green Island Realty, Inc. License #REC.0016670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,594

Year Built

  • Built in 1914

Lot Details

  • 5,851 Sq Ft Lot
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,953 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 347
  • Assessor Parcel Number 1952CRANSTONSTCRAN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Western Cranston Meshanticut Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $4,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,594

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1343
  • Subdivision Name: Western Cranston-Meshanticut
  • Above Grade Finished Sq Ft: 1953.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1914
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Wooded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5851.0
  • Parcel #: 1952CRANSTONSTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4594.0

Tax Info

  • Tax Annual Amount: 4594.0
  • Tax Lot: 347
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 18, 2021
Sold by
Fallon Kenneth M and Fallon Donna M
Bought by
Pan Cong and Chen Xueling
Seller's Agent
Stephen Smith
RI Real Estate Services
Buyer's Agent
Feng Lei
Green Island Realty, Inc.
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Current Estimated Value
$531,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,564
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Oct 26, 2010
Sold by
Lott Paul
Bought by
Fallon Kenneth M and Fallon Donna M

Purchase Details

Closed on
May 3, 2005
Sold by
Coppa Matthew R and Coppa Nikki E
Bought by
Lott Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Denyse Denyse D and Denyse Joan
Bought by
Coppa Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Pan Cong $375,000 None Available
Fallon Kenneth M $133,000 --
Lott Paul $292,500 --
Coppa Matthew $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coppa Matthew $150,000
Previous Owner Coppa Matthew $204,750
Previous Owner Coppa Matthew $194,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $375,000 -5.1% $192 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $395,000 -- $202 / 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 $5,277 $387,700 $98,700 $289,000
2023 $5,003 $264,700 $68,100 $196,600
2022 $4,900 $264,700 $68,100 $196,600
2021 $4,765 $264,700 $68,100 $196,600
2020 $4,594 $221,200 $64,700 $156,500
2019 $4,594 $221,200 $64,700 $156,500
2018 $4,488 $221,200 $64,700 $156,500
2017 $4,070 $177,400 $47,600 $129,800
2016 $3,983 $177,400 $47,600 $129,800
2015 $3,983 $177,400 $47,600 $129,800
2014 $3,581 $156,800 $47,600 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282380

State-Wide MLS

APN: CRAN-000011-000003-000347