NOT LISTED FOR SALE

Estimated Value: $461,000 - $716,000

6 Beds
2 Baths
3,633 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $350,000 $96 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,542/month

122 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Wooded Lot
  • 5-minute walk to Adopted Smith Street Playground

About This Home

As of March 2022

* Estimated Payment $1,025 Per Month * 20% Down 30-Year fixed mortgage rate of 3% with an APR of 3.3% for those who qualify * Taxes insurance not included * Rates As of 10/12/21 *Optional 13 month limited home warranty included from HWA Home Warranty limited to components/structure.
________________________________________________________________________________________________________

This spacious historic home (c. 1854) is ready to be restored in its full glory. With true to-era features like butler pantries, wide solid wood moldings and floors, plastered walls, clawfoot tubs, and built-ins throughout the resurrected beauty and possibilities of
"this old house" are endless. The secret garden in the back designed by a local florist and adorned with statues, cobblestones, and a fish pond is a peaceful spot of tranquility amidst the hustle and bustle of the city. Overlook this oasis every morning from the
second-floor deck, a perfect spot to have your morning coffee. This property also gives access to the great Cranston school system while only being steps from the capital city and all it has to offer. The home also boasts a newer roof on the top section, updated
boilers, electric, and hot water tanks. The second unit is made up of the second and third floor but the third floor could be finished as its own unit. In a market where investment properties are few and far between, here's one that will be a tremendous return and a fun project along the way!

Last Agent to Sell the Property

Nathan Clark

Your Home Sold Guaranteed, NCT Listed on: 10/12/2021

Last Buyer's Agent

David Bouchard

Century 21 North East License #REB.0018975

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,330

Year Built

  • Built in 1854

Lot Details

  • 5,280 Sq Ft Lot
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 3,633 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 264MONTGOMERYAVCRAN

Community Details

Overview

  • 2 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,330

Year Built

Built in 1854

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1212
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 3633.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1854
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Brick, Clapboard, Other, Wood Siding
  • Exterior Features: Balcony, Deck, Patio
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Balcony, Deck, Patio
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5280.0
  • Parcel #: 264MONTGOMERYAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 5330.0
  • Tax Lot: 31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Mar 11, 2022
Sold by
Taylor Robert N
Bought by
Harris Jeremy G and Bloe Claire
Seller's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
Buyer's Agent
David Bouchard
Century 21 North East
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$566,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,608
Avg. Annual Appreciation
14.49%
Original Mortgage
$240,500
Outstanding Balance
$224,705
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,903
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
Harris Jeremy G $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Jeremy G $240,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $350,000 -12.3% $96 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $399,000 -- $110 / 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 $6,461 $474,700 $107,400 $367,300
2023 $5,596 $296,100 $47,100 $249,000
2022 $5,481 $296,100 $47,100 $249,000
2021 $5,330 $296,100 $47,100 $249,000
2020 $4,893 $235,600 $37,000 $198,600
2019 $4,893 $235,600 $37,000 $198,600
2018 $4,780 $235,600 $37,000 $198,600
2017 $3,725 $162,400 $16,800 $145,600
2016 $3,646 $162,400 $16,800 $145,600
2015 $3,646 $162,400 $16,800 $145,600
2014 $3,236 $141,700 $16,800 $124,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1296049

State-Wide MLS

APN: CRAN-000002-000004-000031