J
Seller's Agent in 2021
Jessica Hayes
RI Real Estate Services
(401) 862-8484
1 in this area
24 Total Sales
376 Wellington Ave Cranston, RI 02910
South Elmwood NeighborhoodEstimated Value: $466,470 - $607,000
8
Beds
4
Baths
5,300
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Thermal Windows
- Forced Air Heating System
About This Home
As of May 2021BONUS, BONUS, BONUS!!! That is what you'll find when you tour this wonderful two family property. Bonus rooms, Bonus space, and BONUS INCOME POTENTIAL!! The owner has occupied and cared for this property for years! The units are identical and the rental unit more than pays the mortgage! Plenty of off-street parking, fenced back yard, large basement with interior and exterior access is just the beginning. These units have four bedrooms each!! You have plenty of room to entertain family with a full kitchen, dining, and living room... PLUS an adorable entry room, AND back room perfect for an office, extra living space, or in-home daycare! This home is centrally located to tons of amenities and may be just perfect for your family to enjoy while someone else pays your mortgage!! OR fully rent for a great monthly AND long term return!! Lots of great updates through out so schedule your tour and make your move today!
Last Agent to Sell the Property
RI Real Estate Services License #RES.0043852 Listed on: 03/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,482
Year Built
- Built in 1920
Home Design
- Aluminum Siding
Interior Spaces
- 5,300 Sq Ft Home
- Thermal Windows
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Outdoor Features
- Breezeway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 100 Amp Service
- Oil Water Heater
Community Details
- 2 Units
- Operating Expense $1,000
Listing and Financial Details
- Tax Lot 152
- Assessor Parcel Number 376WELLINGTONAVCRAN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2021
Closed on
May 28, 2021
Sold by
Abreu Chantell M
Bought by
Cruz Reyna and Lopez Emilio A
Seller's Agent
Jessica Hayes
RI Real Estate Services
Buyer's Agent
Jessica Hayes
RI Real Estate Services
List Price
$369,999
Sold Price
$405,000
Premium/Discount to List
$35,001
9.46%
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
$106,893
Avg. Annual Appreciation
6.65%
Original Mortgage
$397,664
Outstanding Balance
$364,441
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$166,677
Purchase Details
Closed on
Mar 10, 2017
Sold by
Duran Victor M
Bought by
Abreu Chantell M
Purchase Details
Closed on
Sep 2, 2005
Sold by
Ortiz Manuel D and Ortiz Clara D
Bought by
Duran Victor M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Cruz Reyna | $405,000 | None Available | |
| Abreu Chantell M | -- | -- | |
| Duran Victor M | $339,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cruz Reyna | $397,664 | |
| Previous Owner | Duran Victor M | $305,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $405,000 | +9.5% | $76 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $369,999 | -- | $70 / 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 | $5,034 | $369,900 | $87,400 | $282,500 |
| 2023 | $5,137 | $271,800 | $60,300 | $211,500 |
| 2022 | $5,031 | $271,800 | $60,300 | $211,500 |
| 2021 | $4,892 | $271,800 | $60,300 | $211,500 |
| 2020 | $4,482 | $215,800 | $46,900 | $168,900 |
| 2019 | $4,482 | $215,800 | $46,900 | $168,900 |
| 2018 | $4,379 | $215,800 | $46,900 | $168,900 |
| 2017 | $3,257 | $142,000 | $36,900 | $105,100 |
| 2016 | $3,188 | $142,000 | $36,900 | $105,100 |
| 2015 | $3,188 | $142,000 | $36,900 | $105,100 |
| 2014 | $3,666 | $160,500 | $36,900 | $123,600 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: State-Wide MLS
MLS Number: 1278173
APN: CRAN-000003-000003-000152
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