Seller's Agent in 2022
Matt Patty
Real Broker, LLC
(401) 269-6169
1 in this area
230 Total Sales
226 Farmington Ave Cranston, RI 02920
Laurel Hill NeighborhoodEstimated Value: $402,633 - $559,000
6
Beds
2
Baths
3,400
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- Deck
- Recreation Facilities
- Bathtub with Shower
- Wood Flooring
- Porch
- Public Transportation
About This Home
As of July 2022Spring has sprung for home buyers this year, holiday cheer awaits in Cranston for those of us seeking a beautifully maintained two family with an incredible yard, vinyl windows, newer roof, plenty of parking and a walk up attic for expansion potential. Curb appeal galore with a charming front porch leading to an immaculate two bedroom first floor unit with hardwood floors, recently painted neutral tones, updated bathroom and a large open concept living area including highly functional kitchen with dining area and living room. Second floor is also in great shape, sunlight soaked apartment, with views of your land and overlooking the neighborhood. Town house 3rd story offers additional 2 bedrooms, maximizing your rental potential or allowing you to expand your lifestyle and rent out the first floor instead! Best of all, fenced in double lot, so much land you could practically have a farm on Farmington, kick in style this summer here, perfect for backyard barbecues, throwing the ball around or just getting a tan. Close by everything you need, shopping, great restaurants and highway access, this is a unique opportunity to acquire a home that also works well as a great investment for your portfolio. Don't miss out on your chance to become the next lucky homeowner in one of America's best little cities, Cranston Rhode Island! Highest and best offers due Monday 5-22-22 at 2:30pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,808
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
Home Design
- Block Foundation
- Plaster
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 568
- Assessor Parcel Number 226FARMINGTONAVCRAN
Community Details
Overview
- 2 Units
- Silver Lake Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
Jul 28, 2022
Sold by
Hoeuy Sarah P
Bought by
Cespedes Luis J
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$359,900
Sold Price
$421,052
Premium/Discount to List
$61,152
16.99%
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
$68,856
Avg. Annual Appreciation
6.08%
Original Mortgage
$413,425
Outstanding Balance
$398,614
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$104,885
Purchase Details
Closed on
Oct 26, 2011
Sold by
Ruiz Vilma J and Crum Melvin S
Bought by
Hoeuy Sarah P
Purchase Details
Closed on
Jun 7, 2011
Sold by
Cranston City Of
Bought by
Ruiz Vilma J and Crum Melvin S
Purchase Details
Closed on
Jun 17, 2005
Sold by
Gallo Anthony F
Bought by
Ruiz Vilma J
Purchase Details
Closed on
Jun 13, 2003
Sold by
Lesieur Melissa
Bought by
Gallo Anthony
Purchase Details
Closed on
Apr 12, 2001
Sold by
Stark Gerald F
Bought by
Lesieur John R and Lesieur Melissa
Purchase Details
Closed on
Aug 15, 1995
Sold by
Pastore Evelyn and Carnevale Guiseppe
Bought by
Stark Gerald E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cespedes Luis J | $421,052 | None Available | |
| Hoeuy Sarah P | $108,000 | -- | |
| Ruiz Vilma J | $2,013 | -- | |
| Ruiz Vilma J | $275,000 | -- | |
| Gallo Anthony | $205,000 | -- | |
| Lesieur John R | $132,000 | -- | |
| Stark Gerald E | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cespedes Luis J | $413,425 | |
| Closed | Cespedes Luis J | $10,000 | |
| Previous Owner | Hoeuy Sarah P | $198,209 | |
| Previous Owner | Stark Gerald E | $211,894 | |
| Previous Owner | Stark Gerald E | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $421,052 | +8.0% | $124 / Sq Ft |
| 06/28/2022 06/28/22 | Pending | -- | -- | -- |
| 05/17/2022 05/17/22 | Price Changed | $389,900 | +8.3% | $115 / Sq Ft |
| 04/13/2022 04/13/22 | For Sale | $359,900 | -- | $106 / 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 | $4,702 | $345,500 | $85,900 | $259,600 |
| 2023 | $4,264 | $225,600 | $59,300 | $166,300 |
| 2022 | $4,176 | $225,600 | $59,300 | $166,300 |
| 2021 | $4,061 | $225,600 | $59,300 | $166,300 |
| 2020 | $3,697 | $178,000 | $46,100 | $131,900 |
| 2019 | $3,697 | $178,000 | $46,100 | $131,900 |
| 2018 | $3,612 | $178,000 | $46,100 | $131,900 |
| 2017 | $3,202 | $139,600 | $36,200 | $103,400 |
| 2016 | $3,134 | $139,600 | $36,200 | $103,400 |
| 2015 | $3,134 | $139,600 | $36,200 | $103,400 |
| 2014 | $2,983 | $130,600 | $36,200 | $94,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Samuel Alba
Innovations Realty
(401) 640-0036
5 in this area
623 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1306988
APN: CRAN-000007-000001-000563
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