NOT LISTED FOR SALE

24 Chestnut Ave Cranston, RI 02910

Eden Park Neighborhood

Estimated Value: $415,720 - $670,000

5 Beds
3 Baths
4,980 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $220,500 $44 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,500/month

21 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Public Transportation
  • Recreation Facilities
  • Bathtub with Shower
  • Property near a hospital

About This Home

As of June 2018

INVESTORS TAKE NOTICE! 3-family, three story Victorian in Eden Park. Walk to the new Dave's Market, quick drive to Garden City, easy highway access. A little elbow grease & TLC will go a long way toward highlighting the charm of this unique rental property. 1st & 2nd floor units have double parlors, 2 BR / 1 bath in each, hardwoods & lots of light. 1st floor has a private entry. 3rd floor has double parlor, 1 BR/ 1 bath, with a bonus large pantry, hardwoods, bright and cheery. Tons of potential as owner-occupied w/ rental income to cover mortgage or investment property. Property to be sold AS IS. Interior photos provided are not current, but are included to show potential! Additional photos to be added as units are cleared.

Last Agent to Sell the Property

Sara Whitney

RI Real Estate Services License #RES.0042777 Listed on: 05/04/2018

RI Real Estate Services

Last Buyer's Agent

Joel Sanchez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1879

Lot Details

  • 5,000

Home Design

  • Combination Foundation
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,980 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Water Heater

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1016
  • Assessor Parcel Number 24CHESTNUTAVCRAN

Community Details

Overview

  • 4 Units
  • Eden Park Subdivision

Recreation

  • Recreation Facilities

Additional Features

  • Public Transportation
  • Operating Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,500

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Eden Park
  • Above Grade Finished Sq Ft: 4980.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1879
  • 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: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 24CHESTNUTAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Lot: 1016
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
Sanchez Jonathan I
Bought by
Sanchez Joel R
Current Estimated Value
$548,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Sanchez Jonathan I
Bought by
Sanchez Jonathan I and Sanchez Joel R

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 14, 2018
Sold by
Whitney Sara C and Whitney Steven H
Bought by
Sanchez Jonathan I
Seller's Agent
Sara Whitney
RI Real Estate Services
Buyer's Agent
Joel Sanchez
List Price
$224,900
Sold Price
$220,500
Premium/Discount to List
-$4,400
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$168,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2005
Sold by
Chiaravalli Dawn
Bought by
Whitney Sara C and Whitney Stephen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanchez Joel R -- None Available
Sanchez Jonathan I -- --
Sanchez Jonathan I $225,000 --
Whitney Sara C $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Joel R $275,100
Closed Sanchez Joel R $247,500
Previous Owner Whitney Sara C $168,750
Previous Owner Whitney Sara C $227,500
Previous Owner Whitney Sara C $81,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $220,500 -2.0% $44 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $224,900 -- $45 / 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 $6,150 $451,900 $106,900 $345,000
2023 $5,354 $283,300 $70,400 $212,900
2022 $5,244 $283,300 $70,400 $212,900
2021 $5,099 $283,300 $70,400 $212,900
2020 $5,018 $241,600 $67,000 $174,600
2019 $5,018 $241,600 $67,000 $174,600
2018 $4,902 $241,600 $67,000 $174,600
2017 $4,616 $201,200 $60,300 $140,900
2016 $4,517 $201,200 $60,300 $140,900
2015 $4,517 $201,200 $60,300 $140,900
2014 $3,979 $174,200 $60,300 $113,900
Source: Public Records

Agents Affiliated with this Home

  • Sara Whitney

    Seller's Agent in 2018

    Sara Whitney

    RI Real Estate Services

    (401) 580-9388

    57 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Joel Sanchez

  • Joseph Sanchez

    Buyer's Agent in 2018

    Joseph Sanchez

    Real Broker, LLC

    (401) 884-8050

    15 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1189598

State-Wide MLS

APN: CRAN-000009-000003-001016

Rhode Island Providence County Cranston 02910 Eden Park

24 Chestnut Ave, Cranston, RI

This home is located at 24 Chestnut Ave, Cranston, RI 02910 since 04 May 2018 and is currently estimated at $548,180, approximately $110 per square foot. This property was built in 1879. 24 Chestnut Ave is a home located in Providence County with nearby schools including Eden Park Elementary School, Park View Middle School, and Cranston High School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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