NOT LISTED FOR SALE

Estimated Value: $426,000 - $488,000

5 Beds
2 Baths
3,564 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $337,000 $95 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,742/month

13 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Public Transportation
  • Corner Lot
  • Laundry Room
  • Shops

About This Home

As of November 2022

This spacious and well-maintained side-by-side two-unit is ready to begin a new journey under your ownership. As you walk through each well-appointed unit, take note of the abundance of sunlight streaming in through the numerous windows, vintage-style wood paneling along some of the walls, and the overall amount of space each well-designed floor plan utilizes to the fullest extent. Each of the two large units includes two to three well-appointed bedrooms, a cozy dining room, a large kitchen, and an inviting living room to enjoy during everyday moments or major milestones. Numerous restaurants, pubs, top-rated local schools, shopping centers, public transportation and freeways are all just steps away, allowing residents to enjoy an easy commute no matter their plans for the day or an adventure-packed evening walk to their favorite restaurant. Additional amenities residents of the impressive two-unit property can enjoy include separate meters, laundry access in the basement, separate entrances, private fenced-in yards for each unit, and a variety of storage options! Get ready to invest in this exciting part of Cranston as you create a legacy for generations on Cedar Street.

Last Agent to Sell the Property

Bolano Team

eXp Realty Listed on: 09/28/2022

eXp Realty

Last Buyer's Agent

Paula Levasseur

Home Bound Realty License #REB.0018588

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1920

Lot Details

  • 5,735 Sq Ft Lot
  • Corner Lot

Home Design

  • Combination Foundation
  • Plaster

Interior Spaces

  • 3,564 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2982
  • Assessor Parcel Number 3638CEDARSTCRAN

Community Details

Overview

  • 2 Units
  • Stadium Bain Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1317
  • Inclusions: Buyer and Buyer's Agent to verify all information and perform their own due diligence.
  • Subdivision Name: Stadium - Bain
  • Above Grade Finished Sq Ft: 3564.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • 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: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bathtub
  • Dining Room Type: Laundry
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Other
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5735.0
  • Parcel #: 3638CEDARSTCRAN
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4129.58
  • Tax Lot: 2982
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 18, 2022
Sold by
Farinas Sissy Y and Prado Mario
Bought by
Calel Carlos
Seller's Agent
Bolano Team
eXp Realty
Buyer's Agent
Paula Levasseur
Home Bound Realty
List Price
$350,000
Sold Price
$337,000
Premium/Discount to List
-$13,000
-3.71%
Views
110
Current Estimated Value
$451,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,618
Avg. Annual Appreciation
9.81%
Original Mortgage
$324,358
Outstanding Balance
$316,206
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$122,975

Purchase Details

Closed on
Apr 19, 2018
Sold by
Prado Mario
Bought by
Prado Mario and Farinas Sissy Y

Purchase Details

Closed on
Nov 23, 2009
Sold by
Montufar Sergio
Bought by
Prado Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Avila Rui and Avila Janice
Bought by
Montufar Sergio and Noriega Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Calel Carlos $337,000 None Available
Prado Mario -- --
Prado Mario $110,000 --
Montufar Sergio $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calel Carlos $324,358
Previous Owner Montufar Sergio $108,007
Previous Owner Montufar Sergio $235,000
Previous Owner Montufar Sergio $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $337,000 -3.7% $95 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $350,000 -- $98 / 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 $4,033 $296,300 $88,600 $207,700
2023 $4,217 $223,100 $61,100 $162,000
2022 $4,130 $223,100 $61,100 $162,000
2021 $4,016 $223,100 $61,100 $162,000
2020 $3,676 $177,000 $47,500 $129,500
2019 $3,676 $177,000 $47,500 $129,500
2018 $3,591 $177,000 $47,500 $129,500
2017 $2,975 $129,700 $37,400 $92,300
2016 $2,912 $129,700 $37,400 $92,300
2015 $2,912 $129,700 $37,400 $92,300
2014 $3,147 $137,800 $37,400 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1320934

State-Wide MLS

APN: CRAN-000011-000001-002982