R
Seller's Agent in 2023
Rebecca Manchester
Keller Williams Leading Edge
(508) 642-7521
1 in this area
74 Total Sales
367 Webster Ave Cranston, RI 02920
Arlington NeighborhoodEstimated Value: $523,000 - $572,000
4
Beds
2
Baths
2,754
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Recreation Facilities
- Cedar Closet
- Attic
- 2 Car Detached Garage
- 5-minute walk to Washington Secondary trail
About This Home
As of January 2023Terrific Investment Opportunity in Cranston, RI! This is a well-maintained and unique owner-occupied two family home that is currently being used as one Grande home, but could easily be converted back to the two 2 bed/1 bath units. The fully finished basement currently houses the large eat-in kitchen, laundry room, half bath and plenty of storage. The home was built in 1935 and maintains many original features to include gleaming hardwood floors throughout, stained custom built-ins, and antique lighting fixtures. Central Air has been added. The backyard is large and fenced with plenty of room for a garden. There is a paved driveway leading to the two-car garage and one additional parking spot behind the house. The home offers a great central location too; it's close to everything Cranston has to offer and easy access to Hwy 95 & 195. Don't miss this opportunity! (Home is being sold in AS-IS condition)
Last Agent to Sell the Property
Keller Williams Leading Edge License #RES.0043747 Listed on: 11/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,144
Year Built
- Built in 1935
Lot Details
- 5,227
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Wood Siding
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,754 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Cedar Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Central Air
- Heating System Uses Gas
- Hot Water Heating System
- Water Heater
- Cable TV Available
Additional Features
- 5,227 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 3242
- Assessor Parcel Number 367WEBSTERAVCRAN
Community Details
Recreation
- Recreation Facilities
Additional Features
- 2 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Jan 9, 2023
Sold by
Cai Li and Cai Li-Min C
Bought by
Castillo Ibis
Seller's Agent
Rebecca Manchester
Keller Williams Leading Edge
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$419,900
Sold Price
$435,000
Premium/Discount to List
$15,100
3.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,586
Avg. Annual Appreciation
8.68%
Original Mortgage
$427,121
Outstanding Balance
$413,645
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$131,941
Purchase Details
Closed on
Dec 29, 1994
Sold by
Mollo George A and Mollo Veglia
Bought by
Cai Li and Cai Li Min
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo Ibis | $435,000 | None Available | |
| Cai Li | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo Ibis | $427,121 | |
| Previous Owner | Cai Li | $225,000 | |
| Previous Owner | Cai Li | $200,000 | |
| Previous Owner | Cai Li | $85,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/09/2023 01/09/23 | Sold | $435,000 | +3.6% | $158 / Sq Ft |
| 12/10/2022 12/10/22 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | For Sale | $419,900 | -- | $152 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,142 | $451,300 | $106,900 | $344,400 |
| 2023 | $4,232 | $223,900 | $46,900 | $177,000 |
| 2022 | $4,144 | $223,900 | $46,900 | $177,000 |
| 2021 | $4,030 | $223,900 | $46,900 | $177,000 |
| 2020 | $3,699 | $178,100 | $36,900 | $141,200 |
| 2019 | $3,699 | $178,100 | $36,900 | $141,200 |
| 2018 | $3,614 | $178,100 | $36,900 | $141,200 |
| 2017 | $3,076 | $134,100 | $16,800 | $117,300 |
| 2016 | $3,011 | $134,100 | $16,800 | $117,300 |
| 2015 | $3,011 | $134,100 | $16,800 | $117,300 |
| 2014 | $2,691 | $117,800 | $16,800 | $101,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Manchester
-
Samuel Alba
Buyer's Agent in 2023
Samuel Alba
Innovations Realty
(401) 640-0036
11 in this area
611 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1325511
APN: CRAN-000007-000001-003242
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