NOT LISTED FOR SALE

245 Princess Ave Unit 247 Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $428,159 - $547,000

4 Beds
4 Baths
3,600 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2021

Last sale price $445,000 $124 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,108 / mo

58 Days on Market

Highlights

  • Corner Lot
  • Storage Room
  • Shops
  • 2 Car Detached Garage
  • Public Transportation
  • Ceramic Tile Flooring

About This Home

As of November 2021

Great duplex in heart of Cranston, both units have 2 bedrooms, 1.5 baths and finished basements. 245 Princess is being sold with 57 Lookout which boasts accessory garage building with possible additional unit and plenty of parking.

Last Agent to Sell the Property

Bruce Lane

Lane Ceceri Group Listed on: 08/25/2021

Last Buyer's Agent

Deb Houghton

RE/MAX Preferred License #RES.0040737

RE/MAX Preferred

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,636

Year Built

  • Built in 1972

Lot Details

  • 8,584 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Laundry in unit

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Outdoor Features

  • Outbuilding

Utilities

  • Air Filtration System
  • Heating Available
  • 150 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1324/2839
  • Assessor Parcel Number 245PRINCESSAVCRAN

Community Details

Overview

  • 2 Units
  • Arlington Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $7,669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,636

Year Built

Built in 1972

Lot Details

8,584 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1971
  • Subdivision Name: Arlington
  • Above Grade Finished Sq Ft: 3600.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Air Filtration
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Multiple lots
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • 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: 8584.0
  • Parcel #: 245PRINCESSAVCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7669.0

Tax Info

  • Tax Annual Amount: 5636.0
  • Tax Lot: 1324/2839
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 22, 2021
Sold by
Levine Elliott C
Bought by
Seller's Agent
Bruce Lane
Lane Ceceri Group
Buyer's Agent
Deb Houghton
RE/MAX Preferred
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$494,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,040
Avg. Annual Appreciation
2.21%
Original Mortgage
$445,000
Outstanding Balance
$399,969
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,071

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 29, 2021
Sold by
Elliott C Levine T
Bought by
Levine Elliott C and Levine Chester C
Seller's Agent
Bruce Lane
Lane Ceceri Group
Buyer's Agent
Deb Houghton
RE/MAX Preferred
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$399,969
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,071
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$445,000 None Available
Levine Elliott C -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $445,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $445,000 -1.1% $124 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $450,000 -- $125 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,580 $330,000 $93,200 $236,800
2024 $4,491 $330,000 $93,200 $236,800
2023 $4,598 $243,300 $64,300 $179,000
2022 $4,503 $243,300 $64,300 $179,000
2021 $4,379 $243,300 $64,300 $179,000
2020 $4,009 $193,000 $50,000 $143,000
2019 $4,009 $193,000 $50,000 $143,000
2018 $3,916 $193,000 $50,000 $143,000
2017 $3,657 $159,400 $39,300 $120,100
2016 $3,579 $159,400 $39,300 $120,100
2015 $3,579 $159,400 $39,300 $120,100
2014 $3,883 $170,000 $39,300 $130,700
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1291903

State-Wide MLS

APN: CRAN-000008-000003-001324

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