NOT LISTED FOR SALE

255 Northup St Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $436,000 - $509,000

4 Beds
2 Baths
2,740 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $234,700 $86 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,841/month

97 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Heating System Uses Steam
  • Walking Distance to Water
  • Public Transportation
  • 3-minute walk to Adopted Smith Street Playground

About This Home

As of April 2019

Wonderful, multi-family gem in the Edgewood neighborhood in Cranston! These two 2-bedroom units feature hardwood floors, large bedrooms, and a big kitchen. The first-floor unit is move-in ready, and the second unit currently has a (MTM) tenant which means that your rental income begins on Day 1 of ownership! New windows and roof in 2008, easy maintenance with vinyl siding, and tandem, off-street parking for 2 cars on each side of the building. A new deck in 2008, and the 2nd floor balcony overlooks a nice back yard. Located on a quiet one-way street, practically at the doorstep for the Johnson & Wales Harborside Campus and beautiful Narragansett Boulevard. Schedule your showing before it's too late.

Last Agent to Sell the Property

Laurie Drucker

RTN Realty Advisors LLC License #RES.0041562 Listed on: 11/28/2018

Last Buyer's Agent

Arthur Fluette

Circle 100 Real Estate License #RES.0030415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1949

Lot Details

  • 3,960

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam

Additional Features

  • Walking Distance to Water
  • 3,960 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0075
  • Assessor Parcel Number 255NORTHUPSTCRAN

Community Details

Overview

  • 4 Units
  • Edgewood Subdivision

Additional Features

  • Public Transportation
  • Operating Expense $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,453

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 2740.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1949
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3960.0
  • Parcel #: 255NORTHUPSTCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5500.0

Tax Info

  • Tax Annual Amount: 3453.0
  • Tax Lot: 0075
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Apr 5, 2019
Sold by
Brown Frederick
Bought by
Stewart Valeria and Stewart Ryan
Seller's Agent
Laurie Drucker
RTN Realty Advisors LLC
Buyer's Agent
Arthur Fluette
Circle 100 Real Estate
List Price
$255,000
Sold Price
$234,700
Premium/Discount to List
-$20,300
-7.96%
Current Estimated Value
$471,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,755
Avg. Annual Appreciation
10.80%
Original Mortgage
$263,805
Outstanding Balance
$230,981
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$240,474

Purchase Details

Closed on
Jul 31, 2008
Sold by
Enos Walter
Bought by
Brown Frederick and Ficorilli John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Stewart Valeria $234,700 --
Brown Frederick $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Frederick $263,805
Closed Brown Frederick $7,500
Previous Owner Brown Frederick $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $234,700 -8.0% $86 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $255,000 -- $93 / 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
2025 $4,802 $346,000 $103,700 $242,300
2024 $4,709 $346,000 $103,700 $242,300
2023 $3,994 $211,300 $45,500 $165,800
2022 $3,911 $211,300 $45,500 $165,800
2021 $3,803 $211,300 $45,500 $165,800
2020 $3,535 $170,200 $35,700 $134,500
2019 $3,535 $170,200 $35,700 $134,500
2018 $3,453 $170,200 $35,700 $134,500
2017 $2,760 $120,300 $16,200 $104,100
2016 $2,701 $120,300 $16,200 $104,100
2015 $2,701 $120,300 $16,200 $104,100
2014 $2,538 $111,100 $16,200 $94,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Laurie Drucker

    RTN Realty Advisors LLC

  • Arthur Fluette

    Buyer's Agent in 2019

    Arthur Fluette

    Circle 100 Real Estate

    (140) 164-1343

    21 Total Sales

    Arthur Fluette
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Map

Source: State-Wide MLS

MLS Number: 1210335

State-Wide MLS

APN: CRAN-000002-000004-000075

Rhode Island Providence County Cranston 02905 Edgewood

255 Northup St, Cranston, RI

Not Listed for Sale

MultiFamily

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