NOT LISTED FOR SALE

31 Cranston Ave Unit 6 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $637,000 - $697,000

2 Beds
1.5 Baths
994 Sq Ft
$676/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $289,900 $292 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,056/month

36 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Property near a hospital
  • Cooling Available
  • Shops
  • 3-minute walk to Congdon Parks

About This Home

As of March 2018

Tucked away just off of Kay on Cranston Ave, part of the Grand Hawkhurst Estates, lies "Grey Terrace Condominiums". Short walk to Broadway shops/Restaurants, etc. A small self managed complex of 6 units. #6 is a Townhouse style End unit, featuring an updated Granite kitchen, LR with a removable Gas FP, tile bath on 1st. Large Master BR, with 2nd bed/office, and expandable Lavette on 2nd. 1 car parking+guest, storage area, use of small rear yard. NO PETS. See Rental policy attached. Condo fee is paid yearly, and varies per year. Be a part of this Special Community.

Last Agent to Sell the Property

Tom Rao

Hogan Associates Christie's License #RES.0019975 Listed on: 01/04/2018

Last Buyer's Agent

Tom Rao

Hogan Associates Christie's License #RES.0019975 Listed on: 01/04/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1881

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 994 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 151-6
  • Assessor Parcel Number 31CRANSTONAV6NEWP

Community Details

Overview

  • Kay/Broadway Subdivision

Amenities

  • Shops

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,310

Year Built

Built in 1881

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay/Broadway
  • Above Grade Finished Sq Ft: 994.0
  • Building Name: Grey Terrace
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1881
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Fireplace Features: Free Standing, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Parquet, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 994.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Shopping
  • Senior Community: No
  • Association Fee: 2445.0
  • Association Fee Frequency: Annually
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 31CRANSTONAV6NEWP
  • Zoning: R 10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2310.0
  • Tax Lot: 151-6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 12, 2018
Sold by
Mollo Antonio and Baxter Lori
Bought by
Plaud Michael
Seller's Agent
Tom Rao
Hogan Associates Christie's
Buyer's Agent
Tom Rao
Hogan Associates Christie's
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$672,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,505
Avg. Annual Appreciation
11.55%
Original Mortgage
$173,940
Outstanding Balance
$124,807
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,598

Purchase Details

Closed on
Aug 29, 2001
Sold by
Courtney Brian
Bought by
Cersosimo Louis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Plaud Michael $289,900 --
Cersosimo Louis J $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaud Michael $173,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $289,900 0.0% $292 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $289,900 -- $292 / 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
2025 $3,746 $521,700 $0 $521,700
2024 $3,636 $521,700 $0 $521,700
2023 $3,139 $316,400 $0 $316,400
2022 $3,041 $316,400 $0 $316,400
2021 $2,952 $316,400 $0 $316,400
2020 $2,629 $255,700 $0 $255,700
2019 $2,629 $255,700 $0 $255,700
2018 $2,554 $255,700 $0 $255,700
2017 $2,310 $206,100 $0 $206,100
2016 $2,253 $206,100 $0 $206,100
2015 $2,199 $206,100 $0 $206,100
2014 $2,605 $216,000 $0 $216,000
Source: Public Records

Agents Affiliated with this Home

  • Tom Rao

    Seller's Agent in 2018

    Tom Rao

    Hogan Associates Christie's

    (401) 474-9004

    24 Total Sales

    Tom Rao
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Map

Source: State-Wide MLS

MLS Number: 1179817

State-Wide MLS

APN: NEWP-000019-000151-000006

Rhode Island Newport County Newport 02840 Kay-Catherine

31 Cranston Ave Unit 6, Newport, RI

Not Listed for Sale

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