NOT LISTED FOR SALE

38 Frances Ave Cranston, RI 02910

Park View Neighborhood

Estimated Value: $494,000 - $596,000

6 Beds
3 Baths
2,317 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $248,000 $107 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,439/month

35 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Baseboard Heating
  • 2 Car Detached Garage
  • Cooling Available
  • Fenced

About This Home

As of March 2016

LOVELY AUBIN THREE-FAMILY WITH 2 BEDS ON EACH FLOOR. HARDWOOD IN SOME UNITS. NEW ROOF WITH UPDATED HARDWIRED SMOKE DETECTORS. GREAT CENTRAL LOCATION. ON A QUIET STREET WITH EASY HIGHWAY ACCESS. SPOT FOR A COIN OPERATED LAUNDRY MACHINE. CLEAN GARAGE!

Last Agent to Sell the Property

Robert Sam Barchi

Coldwell Banker Realty License #RES.0022237 Listed on: 01/19/2016

Coldwell Banker Realty

Last Buyer's Agent

Melissa Riley

Westcott Properties License #RES.0033799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1920

Lot Details

  • 4,483 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,317 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1618
  • Assessor Parcel Number 38FRANCESAVCRAN

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Aubin Subdivision

Building Details

  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,940

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1029
  • Subdivision Name: AUBIN
  • Above Grade Finished Sq Ft: 2317.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2317.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4483.0
  • Parcel #: 38FRANCESAVCRAN
  • Zoning: RESD

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 3940.0
  • Tax Block: NA
  • Tax Lot: 1618
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Mar 25, 2016
Sold by
Harris Larry E
Bought by
Magnan Alexander R
Seller's Agent
Robert Sam Barchi
Coldwell Banker Realty
Buyer's Agent
Melissa Riley
Westcott Properties
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Current Estimated Value
$557,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,422
Avg. Annual Appreciation
8.73%
Original Mortgage
$239,723
Outstanding Balance
$187,735
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$369,687
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magnan Alexander R $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnan Alexander R $239,723
Previous Owner Magnan Alexander R $252,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $248,000 -0.8% $107 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $249,900 -- $108 / 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 $6,196 $446,400 $95,700 $350,700
2024 $6,076 $446,400 $95,700 $350,700
2023 $5,564 $294,400 $66,000 $228,400
2022 $5,449 $294,400 $66,000 $228,400
2021 $5,299 $294,400 $66,000 $228,400
2020 $5,215 $251,100 $62,700 $188,400
2019 $5,215 $251,100 $62,700 $188,400
2018 $5,095 $251,100 $62,700 $188,400
2017 $4,072 $177,500 $46,200 $131,300
2016 $3,985 $177,500 $46,200 $131,300
2015 $3,985 $177,500 $46,200 $131,300
2014 $3,860 $169,000 $46,200 $122,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Sam Barchi

    Seller's Agent in 2016

    Robert Sam Barchi

    Coldwell Banker Realty

    (401) 247-0202

    40 Total Sales

    Robert Sam Barchi
    Section Image
  • Melissa Riley

    Buyer's Agent in 2016

    Melissa Riley

    Westcott Properties

    (401) 721-4000

    137 Total Sales

    Melissa Riley
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1116144

State-Wide MLS

APN: CRAN-000003-000002-001618

Rhode Island Providence County Cranston 02910 Park View

38 Frances Ave, Cranston, RI

Not Listed for Sale

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