2055 Broad St Cranston, RI 02905
Edgewood NeighborhoodEstimated Value: $601,000 - $725,000
4
Beds
2
Baths
2,412
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Marina
- 0.67 Acre Lot
- Tennis Courts
- Golf Course Community
- Wood Flooring
- 3-minute walk to Stillhouse Cove Gaspee Memorial
About This Home
As of February 2024Welcome home to 2055 Broad Street! Located a stones throw from Pawtuxet Village and Providence, this stately Edgewood home has been entirely restored, renovated and remodeled! Beginning from the outside in this home has been transformed with new exterior paint, all new windows, a new roof, a new driveway and a new walkway spanning to the sidewalk. You'll also find a large fully restored front porch perfect for relaxation or entertaining. Moving inside to the first floor you'll find a living room and dining room space all with original moldings, a bedroom which could double as a guest room or office as well as an entirely renovated first floor bath. To top it off you'll find a brand new kitchen complete with a custom cabinetry design, quartz countertops, tile backsplash and stainless steel appliances. An additional butlers party which joins the kitchen and dining room and boasts a double pantry, prep sink, tile backsplash, microwave, beverage center, and built in wine rack. Moving to the second floor you'll find a brand new bathroom complete with over sized shower, dual vanity and remote controlled sky light. Additionally there are three bedrooms ALL coming complete with walk-in closets. Stunning original hardwoods gleam throughout the entire home. 2055 Broad also has a newer heating system and plenty of newly added insolation. All of this sits on one of the largest lots in the neighborhood totaling over 29,000 square feet. All of this and more help make this home a must see!
Last Agent to Sell the Property
Churchill & Banks Co., LLC License #RES.0041782 Listed on: 01/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,781
Year Built
- Built in 1924
Lot Details
- 0.67
Home Design
- Bungalow
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 2,412 Sq Ft Home
- 2-Story Property
- Wet Bar
- Skylights
- Wood Flooring
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- Walking Distance to Water
- 0.67 Acre Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 957
- Assessor Parcel Number 2055BROADSTCRAN
Community Details
Overview
- Edgewood / Pawtuxet Village Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2024
Closed on
Feb 26, 2024
Sold by
River Bridge Re Llc
Bought by
Shoecraft Melanie L and Shoecraft Tim A
Seller's Agent
Joseph Brennan
Churchill & Banks Co., LLC
Buyer's Agent
Candace Cally
Coldwell Banker Realty
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Total Days on Market
42
Views
224
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,294
Avg. Annual Appreciation
2.65%
Original Mortgage
$455,000
Outstanding Balance
$448,781
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,513
Purchase Details
Listed on
Aug 29, 2022
Closed on
Jan 31, 2023
Sold by
Pono-Cerullo Joan
Bought by
River Bridge Real Estate
Seller's Agent
Scott Halberg
Compass / Lila Delman Compass
Buyer's Agent
Joseph Brennan
Churchill & Banks Co., LLC
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
183
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.53%
Original Mortgage
$383,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Cranston, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shoecraft Melanie L | $655,000 | None Available | |
| River Bridge Real Estate | $370,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shoecraft Melanie L | $455,000 | |
| Previous Owner | River Bridge Real Estate | $50,000 | |
| Previous Owner | River Bridge Real Estate | $383,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $655,000 | +0.8% | $272 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/04/2024 01/04/24 | For Sale | $650,000 | +75.7% | $269 / Sq Ft |
| 01/30/2023 01/30/23 | Sold | $370,000 | -7.3% | $153 / Sq Ft |
| 10/26/2022 10/26/22 | Price Changed | $399,000 | -6.1% | $165 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $425,000 | -- | $176 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,061 | $518,800 | $141,300 | $377,500 |
| 2023 | $5,782 | $305,900 | $92,900 | $213,000 |
| 2022 | $5,662 | $305,900 | $92,900 | $213,000 |
| 2021 | $5,506 | $305,900 | $92,900 | $213,000 |
| 2020 | $5,060 | $243,600 | $88,500 | $155,100 |
| 2019 | $5,060 | $243,600 | $88,500 | $155,100 |
| 2018 | $4,943 | $243,600 | $88,500 | $155,100 |
| 2017 | $4,450 | $194,000 | $79,700 | $114,300 |
| 2016 | $4,355 | $194,000 | $79,700 | $114,300 |
| 2015 | $4,355 | $194,000 | $79,700 | $114,300 |
| 2014 | $4,262 | $186,600 | $79,700 | $106,900 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Brennan
J
Seller's Agent in 2024
Joseph Brennan
Churchill & Banks Co., LLC
(401) 207-4243
4 in this area
23 Total Sales
-
Candace Cally
Buyer's Agent in 2024
Candace Cally
Coldwell Banker Realty
2 in this area
63 Total Sales
-
Scott Halberg
Seller's Agent in 2023
Scott Halberg
Compass / Lila Delman Compass
(401) 783-9611
1 in this area
62 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350460
APN: CRAN-000002-000006-000957
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