NOT LISTED FOR SALE

21 Villa Ave Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $543,596 - $750,000

9 Beds
3 Baths
4,960 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $340,000 $69 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,674/month

73 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Laundry Room
  • Thermal Windows
  • Bathtub with Shower
  • Storage Room

About This Home

As of March 2021

21 and 23 Villa Avenue- a well cared for three unit with spacious set up on each level- 3 beds, 1 bath, approximately 1100 sq.ft per unit. Long-term tenants in place in 2 units- opportunity for owner occupied on third level. Many recent upgrades including natural gas boilers, hot water tanks, windows. Dry and sealed basement for tenant storage and laundry. Fenced, common area backyard patio. Ample street parking- no driveway. Ideal location in Edgewood- access to highway, shopping, bus. Turnkey investment opportunity!

Last Agent to Sell the Property

Joann Neville

Flagship Real Estate Advisors License #RES.0041975 Listed on: 11/24/2020

Last Buyer's Agent

Lindsay Pettinelli

Churchill & Banks Co., LLC License #RES.0043494

Churchill & Banks Co., LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • No Garage

Home Design

  • Brick Foundation
  • Combination Foundation
  • Shingle Siding
  • Vinyl Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,960 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Water Heater

Additional Features

  • Porch
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 1996
  • Assessor Parcel Number 21VILLAAVCRAN

Community Details

Overview

  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,209

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 4960.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard, Shingle Siding, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar, Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Steam
  • 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 Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 21VILLAAVCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 5209.0
  • Tax Lot: 1996
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 4, 2021
Sold by
Falk Amy and Falk Peter
Bought by
Allen Jeffrey
Seller's Agent
Joann Neville
Flagship Real Estate Advisors
Buyer's Agent
Lindsay Pettinelli
Churchill & Banks Co., LLC
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%
Current Estimated Value
$611,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,149
Avg. Annual Appreciation
12.47%

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 16, 2016
Sold by
Buttenbaum Arthur A and Buttenbaum Margaret J
Bought by
Falk Peter W and Falk Amy D
Seller's Agent
The Stone Alliance Team
Coldwell Banker Realty
Buyer's Agent
The Stone Alliance Team
Coldwell Banker Realty
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$134,925
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Jeffrey $340,000 None Available
Falk Peter W $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falk Peter W $134,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $340,000 -5.5% $69 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $359,900 +100.1% $73 / Sq Ft
03/16/2016 03/16/16 Sold $179,900 0.0% $53 / Sq Ft View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $179,900 -- $53 / Sq Ft
Source: State-Wide MLS

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
2025 $6,418 $462,400 $96,700 $365,700
2024 $6,293 $462,400 $96,700 $365,700
2023 $5,719 $302,600 $66,700 $235,900
2022 $5,601 $302,600 $66,700 $235,900
2021 $5,447 $302,600 $66,700 $235,900
2020 $5,209 $250,800 $69,900 $180,900
2019 $5,209 $250,800 $69,900 $180,900
2018 $5,089 $250,800 $69,900 $180,900
2017 $4,801 $209,300 $63,500 $145,800
2016 $4,699 $209,300 $63,500 $145,800
2015 $4,699 $209,300 $63,500 $145,800
2014 $4,141 $181,300 $63,500 $117,800
Source: Public Records

Agents Affiliated with this Home

  • Joann Neville

    Seller's Agent in 2021

    Joann Neville

    Flagship Real Estate Advisors

    (401) 789-2255

    2 in this area

    97 Total Sales

    Joann Neville
    Section Image
  • Lindsay Pettinelli

    Buyer's Agent in 2021

    Lindsay Pettinelli

    Churchill & Banks Co., LLC

    (401) 439-0582

    8 in this area

    189 Total Sales

    Lindsay Pettinelli
    Section Image

  • T

    Seller's Agent in 2016

    The Stone Alliance Team

    Coldwell Banker Realty

    (401) 623-1419

    1 in this area

    100 Total Sales

    The Stone Alliance Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1270598

State-Wide MLS

APN: CRAN-000002-000005-001996

Rhode Island Providence County Cranston 02905 Edgewood

21 Villa Ave, Cranston, RI

Not Listed for Sale

MultiFamily

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