NOT LISTED FOR SALE

Estimated Value: $681,000 - $779,000

4 Beds
2 Baths
4,981 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $401,500 $81 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,682/month

159 Days on Market

Highlights

  • Golf Course Community
  • 1.23 Acre Lot
  • 2 Fireplaces
  • Cranston High School West Rated 9+
  • Wood Flooring
  • 4-minute walk to Meshanticut State Park

About This Home

As of November 2019

Rare Opportunity to Own 3700 Sq Ft Victorian Two Family Home Located on over 1 1/2 Acres of Land.Third Floor was Previously used as 3rd Unit. This Building was Completely Updated 10 Years ago. New Roof, New Heating System, Plumbing, Granite Countertops in Each Apartment. The Bathrooms are Original and in Impeccable Condition. Many Original Details that were Preserved During Renovation. There is a 3 Car Garage Set at Rear of Property. There is room in Backyard to Expand. Currently Occupied.

Last Agent to Sell the Property

Bruce Lane

Lane Ceceri Group Listed on: 04/29/2019

Last Buyer's Agent

Bruce Lane

Lane Ceceri Group Listed on: 04/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,288

Year Built

  • Built in 1920

Lot Details

  • 1.23

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,981 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • 1.23 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 1338
  • Assessor Parcel Number 295OAKLAWNAVCRAN

Community Details

Overview

  • 4 Units
  • Oaklawn Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,288

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.23
  • Subdivision Name: Oaklawn
  • Above Grade Finished Sq Ft: 4981.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 13.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53579.0
  • Parcel #: 295OAKLAWNAVCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 6288.0
  • Tax Lot: 1338
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Bnma Properties Llc
Bought by
Lane Bruce D and Lane Mindy B
Current Estimated Value
$731,684

Purchase Details

Closed on
Nov 14, 2008
Sold by
Bonitati Carmine and Bonitati Viola
Bought by
Boffi Claudia and Boffi William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bonitati Orlando E and Bonitati Roland J
Bought by
Bonitati Carmine J and Bonitati Viola M
Source: Public Records

Range of Values:

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Average Value
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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
Lane Bruce D -- None Available
Boffi Claudia $70,000 --
Boffi Claudia $365,500 --
Bonitati Carmine J $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonitati Carmine J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $401,500 -8.7% $81 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $439,900 -- $88 / 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 $8,716 $640,400 $149,600 $490,800
2023 $8,165 $432,000 $99,400 $332,600
2022 $7,996 $432,000 $99,400 $332,600
2021 $6,910 $383,900 $99,400 $284,500
2020 $6,437 $309,900 $94,700 $215,200
2019 $6,437 $309,900 $94,700 $215,200
2018 $6,288 $309,900 $94,700 $215,200
2017 $5,496 $239,600 $85,200 $154,400
2016 $5,379 $239,600 $85,200 $154,400
2015 $5,379 $239,600 $85,200 $154,400
2014 $5,123 $224,300 $85,200 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1221555

State-Wide MLS

APN: CRAN-000017-000004-001338