$190,000
SOLD JUN 9, 2020

298 Magnolia St Cranston, RI 02910

Auburn Neighborhood
5 Beds
2 Baths
2,920 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

6% Above List Price

92 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Recreation Facilities
  • Deck
  • Attic
  • 2-minute walk to Doric Park

About This Home

As of November 2020

A diamond in the rough! 2 family with vinyl siding, and newer high efficiency on demand heat/hot water, however, interior units need work. There is 1 heating system & 1 electrical system. Nice yard, close to all amenities. Enclosed front porches. Can be converted to single family. Priced below assessed value. Estate sale, subject to probate approval. No FHA. 1st floor tenant to remain until end of April/May, or sooner.

Last Agent to Sell the Property

Doreen Caruso

Broadway Real Estate Group License #RES.0024649 Listed on: 02/07/2020

Broadway Real Estate Group

Last Buyer's Agent

Doreen Caruso

Coldwell Banker Res. Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Permanent Attic Stairs

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 1656
  • Assessor Parcel Number 298MAGNOLIASTCRAN

Community Details

Overview

  • 2 Units
  • Auburn Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,876

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Auburn
  • Above Grade Finished Sq Ft: 2920.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 298MAGNOLIASTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3876.0
  • Tax Lot: 1656
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 12, 2020
Sold by
Natale Joseph
Bought by
Bolton Sean R and Heroux Janet L
Seller's Agent
Joseph Pytka
RE/MAX 1st Choice
Buyer's Agent
Melissa Perdikakis
Weichert REALTORS-Atlantic Prp
List Price
$309,900
Sold Price
$330,100
Premium/Discount to List
$20,200
6.52%
Current Estimated Value
$502,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,943
Avg. Annual Appreciation
8.70%
Original Mortgage
$243,875
Outstanding Balance
$218,494
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$271,344

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jun 4, 2020
Sold by
Fisher James H
Bought by
Natale Joseph
Seller's Agent
Doreen Caruso
Broadway Real Estate Group
Buyer's Agent
Doreen Caruso
Coldwell Banker Res. Brokerage
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
261.32%

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jun 3, 2020
Sold by
Fisher Raymond S and Fisher Raymond S
Bought by
Natale Joseph
Seller's Agent
Doreen Caruso
Broadway Real Estate Group
Buyer's Agent
Doreen Caruso
Coldwell Banker Res. Brokerage
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
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 Type Sale Price Title Company
Warranty Deed $330,100 None Available
Deed -- None Available
Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,875 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $330,100 +6.5% $113 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $309,900 +63.1% $106 / Sq Ft
06/09/2020 06/09/20 Sold $190,000 +5.6% $65 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $179,900 -- $62 / 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 $5,583 $410,200 $97,200 $313,000
2023 $5,354 $283,300 $67,000 $216,300
2022 $5,244 $283,300 $67,000 $216,300
2021 $5,099 $283,300 $67,000 $216,300
2020 $3,876 $186,600 $63,700 $122,900
2019 $3,876 $186,600 $63,700 $122,900
2018 $3,786 $186,600 $63,700 $122,900
2017 $3,324 $144,900 $46,900 $98,000
2016 $3,253 $144,900 $46,900 $98,000
2015 $3,253 $144,900 $46,900 $98,000
2014 $3,081 $134,900 $46,900 $88,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Pytka

    Seller's Agent in 2020

    Joseph Pytka

    RE/MAX 1st Choice

    (401) 480-6643

    1 in this area

    53 Total Sales

    Section Image

  • D

    Seller's Agent in 2020

    Doreen Caruso

    Broadway Real Estate Group

    (401) 529-7397

    46 Total Sales

    Section Image
  • Melissa Perdikakis

    Buyer's Agent in 2020

    Melissa Perdikakis

    Weichert REALTORS-Atlantic Prp

    (401) 269-9168

    3 in this area

    33 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1246833

State-Wide MLS

APN: CRAN-000005-000001-001656

Rhode Island Providence County Cranston 02910 Auburn

298 Magnolia St, Cranston, RI

This home is located at 298 Magnolia St, Cranston, RI 02910 and is currently priced at $190,000, approximately $65 per square foot. This property was built in 1920. 298 Magnolia St is a home located in Providence County with nearby schools including W. R. Dutemple School, Park View Middle School, and Cranston High School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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