$475,000
SOLD DEC 27, 2022
6 Beds
3 Baths
2,160 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

900% Above List Price

19 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Tennis Courts
  • Property is near public transit
  • 1 Fireplace
  • 3-minute walk to Doric Park

About This Home

As of December 2022

GREAT LEGAL 3 FAMILY HOUSE IN THE AUBOURN NEIGHBORHOOD OF CRANSTON LOCATED NEAR SHOPPING, SCHOOLS, HIGHWAY, AND PARKS!! THIS HOUSE HAS ALL NEW UPDATED ELECTRICAL THROUGHOUT THE ENTIRE HOUSE, ALL SEPARATE UTILITIES, NEWER ROOF, VINYL SIDING AND PLENTY OF PARKING. UNITS 1 & 3 HAVE BEEN UPDATED IN THE LAST COUPLE OF YEARS. EXCELLENT TENANTS. GREAT FOR OWNER OCCUPIED OR INVESTMENT.

Last Agent to Sell the Property

Yolanda Nazario

HomeSmart Professionals Real Estate Listed on: 11/15/2022

HomeSmart Professionals Real Estate

Last Buyer's Agent

Tatiana pinzon

Engel & Volkers Oceanside

Engel & Volkers Oceanside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,700
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:51 L:345 U:,9304

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park

Building Details

  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,968

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 3 Remodeled
  • Year Built: 1920
  • Buyer Agency: 2% net
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead
  • Living Area: 2160
  • Stories Total: 6
  • MAIN LO: AN5632
  • LIST PRICE PER Sq Ft: 219.91
  • PRICE PER Sq Ft: 219.91
  • MAIN SO: AN6902

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:51 L:345 U:,9304
  • Zoning: r-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4968
  • Tax Book Number: 0

Multi Family

  • Gross Income: 44400
  • Net Operating Income: 44400
  • Number Of Units Total: 3
  • Total Actual Rent: 3700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 27, 2022
Sold by
Penafiel Williams I and Santos Lesbia
Bought by
Hesford Jennifer
Seller's Agent
Yolanda Nazario
HomeSmart Professionals Real Estate
Buyer's Agent
Tatiana pinzon
Engel & Volkers Oceanside
List Price
$47,500
Sold Price
$475,000
Premium/Discount to List
$427,500
900%
Views
89
Current Estimated Value
$593,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,350
Avg. Annual Appreciation
5.24%
Original Mortgage
$466,396
Outstanding Balance
$454,532
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$92,047

Purchase Details

Closed on
Sep 11, 2020
Sold by
Reali David J and Reali Teresa M
Bought by
Penafiel Williams I and Santos Lesbia

Purchase Details

Closed on
Dec 2, 2008
Sold by
Deustche Bk
Bought by
Reali David J and Reali Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,920
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Soto Nixon and Soto Selvin
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Dec 4, 2003
Sold by
Kaur Gurpreet and Singh Gurdip
Bought by
Soto Nixon

Purchase Details

Closed on
Jan 15, 2003
Sold by
Quintanilla Belizario and Florian Gladys
Bought by
Kaur Gurpreet

Purchase Details

Closed on
Jan 31, 2002
Sold by
Antonelli Joseph M
Bought by
Quintanilla Belizario and Florian Gladys O

Purchase Details

Closed on
Jun 28, 1989
Sold by
Dugan William
Bought by
Antonelli Joseph M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $475,000 None Available
Warranty Deed $255,000 None Available
Deed $155,000 --
Foreclosure Deed $113,000 --
Deed $237,000 --
Deed $188,000 --
Deed $148,000 --
Warranty Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,396 FHA
Previous Owner $100,000 No Value Available
Previous Owner $123,920 Purchase Money Mortgage
Previous Owner $308,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Rented $1,400 -6.7% --
02/12/2023 02/12/23 For Rent $1,500 0.0% --
12/27/2022 12/27/22 Sold $475,000 0.0% $220 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $475,000 +900.0% $220 / Sq Ft
11/15/2022 11/15/22 For Sale $47,500 -- $22 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,526 $406,000 $97,200 $308,800
2023 $5,073 $268,400 $67,000 $201,400
2022 $4,968 $268,400 $67,000 $201,400
2021 $4,831 $268,400 $67,000 $201,400
2020 $4,769 $229,600 $63,700 $165,900
2019 $4,769 $229,600 $63,700 $165,900
2018 $4,659 $229,600 $63,700 $165,900
2017 $4,170 $181,800 $46,900 $134,900
2016 $4,081 $181,800 $46,900 $134,900
2015 $4,081 $181,800 $46,900 $134,900
2014 $3,561 $155,900 $46,900 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73058328

MLS Property Information Network (MLS PIN)

APN: CRAN-000005-000001-000345