NOT LISTED FOR SALE

25 Villa Ave Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $704,000 - $883,000

9 Beds
3 Baths
6,475 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $256,500 $40 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $5,002/month

51 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Shops
  • Wood Flooring
  • Public Transportation
  • Property near a hospital

About This Home

As of December 2020

A great investment opportunity! This three family home needs some work and is being sold as-is. CASH OR 203K FINANCING ONLY! Each unit has 3 bedrooms, double parlors and an eat-in kitchen and pantry.

Last Agent to Sell the Property

Fromm Davis Group

RE/MAX Professionals Listed on: 09/30/2020

RE/MAX Professionals

Last Buyer's Agent

Fromm Davis Group

RE/MAX Professionals Listed on: 09/30/2020

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,200

Home Design

  • Vinyl Siding

Interior Spaces

  • 6,475 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • 3,200 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1997
  • Assessor Parcel Number 25VILLAAVCRAN

Community Details

Overview

  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 6475.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 25VILLAAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6916.0
  • Tax Lot: 1997
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Hetherington Justin
Bought by
Salinger Aaron L and Salinger Sherrie A
Current Estimated Value
$813,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$561,030
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,084

Purchase Details

Closed on
Oct 7, 2021
Sold by
Lpg Llc
Bought by
Hetherington Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
2.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 15, 2021
Sold by
Hetherington Justin
Bought by
Lpg Llc

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 21, 2020
Sold by
Demurjian Janice S
Bought by
Hetherington Justin
Seller's Agent
Fromm Davis Group
RE/MAX Professionals
Buyer's Agent
Fromm Davis Group
RE/MAX Professionals
List Price
$279,900
Sold Price
$256,500
Premium/Discount to List
-$23,400
-8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.82%
Original Mortgage
$275,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2014
Sold by
Demurjian Janice S and Cranston City Of
Bought by
Demurjian Janice S

Purchase Details

Closed on
Sep 26, 2012
Sold by
Vista Ventures Llc
Bought by
Demurjian Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,534
Interest Rate
3.62%

Purchase Details

Closed on
Aug 11, 2011
Sold by
Demurjian Janice S
Bought by
Vista Ventures Llcp
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
Salinger Aaron L $782,500 None Available
Salinger Aaron L $782,500 None Available
Hetherington Justin -- None Available
Hetherington Justin -- None Available
Lpg Llc -- None Available
Lpg Llc -- None Available
Hetherington Justin $256,500 None Available
Hetherington Justin $256,500 None Available
Demurjian Janice S -- --
Demurjian Janice S -- --
Demurjian Janice S -- --
Demurjian Janice S -- --
Vista Ventures Llcp $7,641 --
Vista Ventures Llcp $7,641 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinger Aaron L $562,500
Closed Salinger Aaron L $562,500
Previous Owner Hetherington Justin $275,000
Previous Owner Demurjian Janice S $141,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $256,500 -8.4% $40 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $279,900 -- $43 / 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 $8,275 $608,000 $96,700 $511,300
2023 $7,539 $398,900 $66,700 $332,200
2022 $7,384 $398,900 $66,700 $332,200
2021 $4,946 $274,800 $66,700 $208,100
2020 $6,916 $333,000 $69,900 $263,100
2019 $6,916 $333,000 $69,900 $263,100
2018 $6,757 $333,000 $69,900 $263,100
2017 $5,132 $223,700 $63,500 $160,200
2016 $5,022 $223,700 $63,500 $160,200
2015 $5,022 $223,700 $63,500 $160,200
2014 $4,406 $192,900 $63,500 $129,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Fromm Davis Group

    RE/MAX Professionals

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Map

Source: State-Wide MLS

MLS Number: 1266141

State-Wide MLS

APN: CRAN-000002-000005-001997

Rhode Island Providence County Cranston 02905 Edgewood

25 Villa Ave, Cranston, RI

This home is located at 25 Villa Ave, Cranston, RI 02905 since 30 September 2020 and is currently estimated at $813,272, approximately $125 per square foot. This property was built in 1920. 25 Villa Ave is a home located in Providence County with nearby schools including Edgewood Highland Elementary School, Edward S. Rhodes School, and Park View Middle School.

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