NOT LISTED FOR SALE

281 Farmington Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $420,123 - $535,000

5 Beds
2 Baths
2,056 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $220,050 $107 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,113/month

13 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Corner Lot
  • Workshop

About This Home

As of February 2018

Debut! Laurel Hill: Spacious 2 family home offering 3/2 Beds, separate utilities, Charm and character founded through out. Corner with extra lot, 2 car garage Great owner occupied, close to all conveniences.

Last Agent to Sell the Property

Scarlia Group

Albert Realty Inc., REALTORS Listed on: 12/27/2017

Last Buyer's Agent

Thomas Dodd

Premier Homes Realty, LLC License #RES.0030169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,507

Year Built

  • Built in 1890

Lot Details

  • 8,700 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3118
  • Assessor Parcel Number 281FARMINGTONAVCRAN

Community Details

Overview

  • 4 Units
  • Laurel Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $3,507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,507

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: ALBT
  • Co List Office Phone: 401-944-3377
  • Subdivision Name: Laurel Hill
  • Above Grade Finished Sq Ft: 2056.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Kitchen, Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Multiple lots
  • Construction Type: Plaster, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Block

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: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8700.0
  • Parcel #: 281FARMINGTONAVCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3507.0

Tax Info

  • Tax Annual Amount: 3507.0
  • Tax Lot: 3118
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 13, 2018
Sold by
Tirocchi Vincenza M
Bought by
Castillo Cristian V
Seller's Agent
Scarlia Group
Albert Realty Inc., REALTORS
Buyer's Agent
Thomas Dodd
Premier Homes Realty, LLC
List Price
$234,900
Sold Price
$220,050
Premium/Discount to List
-$14,850
-6.32%
Current Estimated Value
$493,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,414
Avg. Annual Appreciation
11.02%
Original Mortgage
$216,064
Outstanding Balance
$184,013
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$298,352

Purchase Details

Closed on
Nov 9, 2017
Sold by
Porrazzo Barbara A and Tirocchi Angela
Bought by
Tirocchi Vincenza M
Source: Public Records

Range of Values:

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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
Castillo Cristian V $220,050 --
Tirocchi Vincenza M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Christian V $9,808
Open Tirocchi Vincenza M $216,064
Closed Tirocchi Vincenza M $7,500
Closed Tirocchi Vincenza M $5,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $220,050 -6.3% $107 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $234,900 -- $114 / 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 $4,930 $362,200 $85,900 $276,300
2023 $4,498 $238,000 $59,300 $178,700
2022 $4,405 $238,000 $59,300 $178,700
2021 $4,284 $238,000 $59,300 $178,700
2020 $3,913 $188,400 $46,100 $142,300
2019 $3,913 $188,400 $46,100 $142,300
2018 $3,823 $188,400 $46,100 $142,300
2017 $3,413 $148,800 $36,200 $112,600
2016 $3,341 $148,800 $36,200 $112,600
Source: Public Records

Agents Affiliated with this Home

  • Scarlia Group

    Seller's Agent in 2018

    Scarlia Group

    Albert Realty Inc., REALTORS

    (401) 464-6464

    2 in this area

    97 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Dodd

    Premier Homes Realty, LLC

    (401) 226-4658

    10 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1179812

State-Wide MLS

APN: CRAN M:7-1 L:3119 U:

Rhode Island Providence County Cranston 02920 Laurel Hill

281 Farmington Ave, Cranston, RI

This home is located at 281 Farmington Ave, Cranston, RI 02920 since 27 December 2017 and is currently estimated at $466,281, approximately $226 per square foot. This property was built in 1890. 281 Farmington Ave is a home located in Providence County with nearby schools including Hugh B. Bain Middle School, Cranston High School East, and Achievement First Iluminar Mayoral Academy.

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