NOT LISTED FOR SALE

37 Drowne St Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $521,000 - $629,000

6 Beds
3.5 Baths
4,740 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $455,000 $96 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,785/month

131 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 1 Car Attached Garage
  • Golf Course Community
  • Workshop
  • Bathtub with Shower

About This Home

As of December 2021

Buyers financing fell through...This is a great two-family (or single family with an in-law apartment) property located near Roger Williams Park in Cranston. Don't miss this perfect opportunity for multiple generations looking to live together and help support each other.
The larger of the two units is in excellent condition with a kitchen, living room, dining room,4 bedrooms and 2.5 baths. The second unit consist of a kitchen, living room, 2 bedrooms and 1 full bathroom. Each unit has its own basement with washer and dryer hookups and heating unit. The property is located near many amenities.
Also a perfect property if you are looking for a single family. This could be a great way to increase your income by renting the unneeded unit for income to help pay your mortgage.
Can you say...Family Compound!!

Last Agent to Sell the Property

Sherri Ann Boisvert

HomeSmart Professionals License #RES.0040706 Listed on: 07/14/2021

HomeSmart Professionals

Last Buyer's Agent

Andy Andujar

RE/MAX Innovations License #RES.0041995

RE/MAX Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 1964

Lot Details

  • 6,377

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,740 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 6,377 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 2785
  • Assessor Parcel Number 3739DROWNESTCRAN

Community Details

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • 2 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,431

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1464
  • Subdivision Name: 055
  • Above Grade Finished Sq Ft: 4740.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1964
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • 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: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6377.0
  • Parcel #: 3739DROWNESTCRAN
  • Zoning: A6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6431.4
  • Tax Lot: 2785
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 23, 2021
Sold by
Boisvert Joseph R
Bought by
Angeles Maria and Montilla Diana E
Seller's Agent
Sherri Ann Boisvert
HomeSmart Professionals
Buyer's Agent
Andy Andujar
RE/MAX Innovations
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Current Estimated Value
$581,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,591
Avg. Annual Appreciation
7.60%
Original Mortgage
$446,758
Outstanding Balance
$418,665
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$168,815

Purchase Details

Closed on
Aug 5, 2015
Sold by
Boisvert Kristin and Boisvert Joseph R
Bought by
Boisvert Joseph R

Purchase Details

Closed on
Oct 1, 2001
Sold by
Boisvert Joseph
Bought by
Pellegrino Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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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
Angeles Maria $455,000 None Available
Boisvert Joseph R -- --
Pellegrino Kristin $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angeles Maria $446,758
Previous Owner Pellegrino Kristin $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $455,000 -4.2% $96 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $475,000 -- $100 / 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 $6,541 $480,600 $104,600 $376,000
2023 $6,753 $357,300 $72,100 $285,200
2022 $6,614 $357,300 $72,100 $285,200
2021 $6,431 $357,300 $72,100 $285,200
2020 $6,067 $292,100 $75,600 $216,500
2019 $6,067 $292,100 $75,600 $216,500
2018 $5,927 $292,100 $75,600 $216,500
2017 $5,531 $241,100 $68,700 $172,400
2016 $5,413 $241,100 $68,700 $172,400
2015 $5,413 $241,100 $68,700 $172,400
2014 $5,439 $253,800 $68,700 $185,100
Source: Public Records

Agents Affiliated with this Home

  • Sherri Ann Boisvert

    Seller's Agent in 2021

    Sherri Ann Boisvert

    HomeSmart Professionals

    (401) 255-4857

    1 in this area

    13 Total Sales

    Sherri Ann Boisvert
    Section Image

  • A

    Buyer's Agent in 2021

    Andy Andujar

    RE/MAX Innovations

    (401) 965-2639

    3 in this area

    56 Total Sales

    Andy Andujar
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1288095

State-Wide MLS

APN: CRAN-000002-000005-002785

Rhode Island Providence County Cranston 02905 Edgewood

37 Drowne St, Cranston, RI

This home is located at 37 Drowne St, Cranston, RI 02905 since 14 July 2021 and is currently estimated at $581,591, approximately $122 per square foot. This property was built in 1964. 37 Drowne St is a home located in Providence County with nearby schools including Edgewood Highland Elementary School, Park View Middle School, and Cranston High School East.

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