Seller's Agent in 2021
Joseph Del Sesto
HomeSmart Professionals
(401) 942-2348
2 in this area
71 Total Sales
259 Farmington Ave Cranston, RI 02920
Laurel Hill NeighborhoodEstimated Value: $559,000 - $729,000
7
Beds
3
Baths
6,138
Sq Ft
$104/Sq Ft
Est. Value
Highlights
- 0.33 Acre Lot
- 2 Fireplaces
- Workshop
- Wood Flooring
- Tennis Courts
- 2 Car Detached Garage
About This Home
As of February 2021Very excited to offer this very unique property which is hitting the market publicly for the first time ever on MLS! It has been in the family for several decades as a 3 family home (zoning certificate in hand). This is a 2nd Empire colonial style home with period correct moldings, doors and woodworking detail, all of which is in extremely good condition. The front entryway is very impressive with a large double doorway and a grand staircase inside to the second and third floors. The units all have high ceilings, egress from the front and back, 2 to 3 bedrooms, hardwood floors, gas heat and hot water, all utilities paid by tenants. The exterior of the house has recently been painted, along with the windows and trim. The property includes an extra lot abutting Mica Ave in the back which creates a large fenced in back yard and results in a 14,400 sf. total lot area with a deck off the rear and a detached 2 car garage. Rents are currently below market value as the tenancy has remained consistent over the past few years. This is a must see home if you are interested in a multi family in Cranston and appreciate an architecturally impressive property!
Last Agent to Sell the Property
HomeSmart Professionals License #REB.0016743 Listed on: 12/31/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,050
Year Built
- Built in 1920
Lot Details
- 0.33 Acre Lot
- Fenced
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Combination Foundation
- Clapboard
- Plaster
Interior Spaces
- 6,138 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Workshop
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- Accessible Doors
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Legal Lot and Block 3432-3440 / 1
- Assessor Parcel Number 259FARMINGTONAVCRAN
Community Details
Overview
- 2 Buildings
- 3 Units
- Laurel Hill Avenue Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Building Details
- Operating Expense $8,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2020
Closed on
Feb 22, 2021
Sold by
Sisto Anthony and Sisto Dennis
Bought by
Ramos-Albeno Jose A and Albeno-Herrarte Ingrid J
Seller's Agent
Joseph Del Sesto
HomeSmart Professionals
Buyer's Agent
Sussy Deleon
RE/MAX New Horizons
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,667
Avg. Annual Appreciation
12.49%
Purchase Details
Listed on
Dec 31, 2020
Closed on
Jan 13, 2021
Sold by
Sisto Anthony and Sisto Dennis
Bought by
Sisto Anthony and Sisto Dennis
Seller's Agent
Joseph Del Sesto
HomeSmart Professionals
Buyer's Agent
Sussy Deleon
RE/MAX New Horizons
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramos-Albeno Jose A | $420,000 | None Available | |
| Sisto Anthony | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sisto Dennis | $100,000 | |
| Previous Owner | Sisto Dennis | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $420,000 | -2.1% | $68 / Sq Ft |
| 01/23/2021 01/23/21 | Pending | -- | -- | -- |
| 12/31/2020 12/31/20 | For Sale | $429,000 | -- | $70 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,520 | $626,000 | $94,700 | $531,300 |
| 2023 | $6,987 | $369,700 | $65,300 | $304,400 |
| 2022 | $6,843 | $369,700 | $65,300 | $304,400 |
| 2021 | $6,655 | $369,700 | $65,300 | $304,400 |
| 2020 | $5,944 | $286,200 | $50,800 | $235,400 |
| 2019 | $5,944 | $286,200 | $50,800 | $235,400 |
| 2018 | $5,807 | $286,200 | $50,800 | $235,400 |
| 2017 | $5,295 | $230,800 | $39,900 | $190,900 |
| 2016 | $5,181 | $230,800 | $39,900 | $190,900 |
| 2015 | $5,181 | $230,800 | $39,900 | $190,900 |
| 2014 | $4,461 | $195,300 | $39,900 | $155,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Sussy Deleon
RE/MAX New Horizons
(401) 331-8855
2 in this area
152 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1272468
APN: CRAN-000007-000001-003432
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