NOT LISTED FOR SALE

196 Farmington Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $386,737 - $462,000

3 Beds
2 Baths
1,230 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $107,500 $87 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $2,641/month

664 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Storage Room
  • 2 Car Detached Garage
  • Storm Windows
  • Public Transportation

About This Home

As of March 2012

SOLD AS IS. SUBJECT TO PROBATE COURT APPROVAL.First floor apt.includes finished basement with 2nd kitchen,1/2 bath,family room. Big yard,double lot w/2 car garage.Good potential for single family conversion. Needs some work.

Last Agent to Sell the Property

Doreen Scola

Bruce Allen, REALTORS License #RES.0030719 Listed on: 04/20/2010

Last Buyer's Agent

Melaney Dressler-Nichols

Bruce Allen, REALTORS License #RES.0030717

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,800 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Clapboard

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 580/581
  • Assessor Parcel Number 196FARMINGTONAVCRAN

Community Details

Overview

  • 2 Units
  • Laurel Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.202
  • Subdivision Name: LAUREL HILL
  • Above Grade Finished Sq Ft: 1230.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oil Water Heater
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1230.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Multiple lots
  • Construction Type: Clapboard
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Oil, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8800.0
  • Parcel #: 196FARMINGTONAVCRAN
  • Zoning: B-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4065.0
  • Tax Lot: 580/581
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2010
Closed on
Mar 19, 2012
Sold by
Garafano Gary and Garafano Mark
Bought by
Williams Nancy E
Seller's Agent
Doreen Scola
Bruce Allen, REALTORS
Buyer's Agent
Melaney Dressler-Nichols
Bruce Allen, REALTORS
List Price
$149,000
Sold Price
$107,500
Premium/Discount to List
-$41,500
-27.85%
Current Estimated Value
$420,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,434
Avg. Annual Appreciation
10.74%
Original Mortgage
$80,625
Outstanding Balance
$57,326
Interest Rate
3.86%
Estimated Equity
$368,765
Source: Public Records

Range of Values:

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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
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Williams Nancy E -- --
Willliams Nancy E $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willliams Nancy E $80,625
Closed Willliams Nancy E $80,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2012 03/15/12 Sold $107,500 -27.9% $87 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
04/20/2010 04/20/10 For Sale $149,000 -- $121 / 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 $4,393 $322,800 $85,900 $236,900
2023 $4,135 $218,800 $59,300 $159,500
2022 $4,050 $218,800 $59,300 $159,500
2021 $3,938 $218,800 $59,300 $159,500
2020 $3,595 $173,100 $46,100 $127,000
2019 $3,595 $173,100 $46,100 $127,000
2018 $3,512 $173,100 $46,100 $127,000
2017 $3,244 $141,400 $36,200 $105,200
2016 $3,174 $141,400 $36,200 $105,200
2015 $2,889 $128,700 $36,200 $92,500
2014 $2,759 $120,800 $36,200 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 964690

State-Wide MLS

APN: CRAN-000007-000001-000581

Rhode Island Providence County Cranston 02920 Laurel Hill

196 Farmington Ave, Cranston, RI

This home is located at 196 Farmington Ave, Cranston, RI 02920 since 20 April 2010 and is currently estimated at $420,934, approximately $342 per square foot. This property was built in 1920. 196 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 Iluminar Mayoral Academy.

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