NOT LISTED FOR SALE

38 Pengrove St Cranston, RI 02920

Village Neighborhood

Estimated Value: $342,316 - $630,000

4 Beds
3 Baths
1,982 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $170,000 $86 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,030/month

36 Days on Market

Highlights

  • Porch
  • Shops
  • Baseboard Heating
  • Public Transportation
  • Forced Air Heating System
  • Fenced

About This Home

As of June 2017

This home is located at 38 Pengrove St, Cranston, RI 02920 since 24 April 2017 and is currently estimated at $496,079, approximately $250 per square foot. This property was built in 1924. 38 Pengrove St is a home located in Providence County with nearby schools including Arlington Elementary School, Hugh B. Bain Middle School, and Cranston High School East.

Last Agent to Sell the Property

Michael Pinelli

RE/MAX Preferred License #RES.0015770 Listed on: 04/24/2017

RE/MAX Preferred

Last Buyer's Agent

Raymond Horbert

Williams & Stuart Real Estate License #RES.0031787

Williams & Stuart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1924

Lot Details

  • 5,280 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,982 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 586
  • Assessor Parcel Number 38PENGROVESTCRAN

Community Details

Overview

  • 4 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,983

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Above Grade Finished Sq Ft: 1982.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1924
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Bathtub
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

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: 5280.0
  • Parcel #: 38PENGROVESTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2983.0
  • Tax Lot: 586
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 30, 2017
Sold by
Gateways To Change Inc
Bought by
Torti Stephen J
Seller's Agent
Michael Pinelli
RE/MAX Preferred
Buyer's Agent
Raymond Horbert
Williams & Stuart Real Estate
List Price
$194,900
Sold Price
$170,000
Premium/Discount to List
-$24,900
-12.78%
Current Estimated Value
$496,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,079
Avg. Annual Appreciation
13.58%
Original Mortgage
$161,500
Outstanding Balance
$134,011
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$362,068

Purchase Details

Closed on
May 3, 2007
Sold by
Mansolillo Anthony and Mansolillo Jill
Bought by
Change Gateways

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1995
Sold by
Simonelli Michael J and Simonelli Leslie
Bought by
Mansolillo Anthony F

Purchase Details

Closed on
Jun 19, 1989
Sold by
Christofaro Dennis
Bought by
Simonelli Michael J
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
Torti Stephen J $170,000 --
Change Gateways $260,000 --
Mansolillo Anthony F $108,000 --
Simonelli Michael J $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonelli Michael J $10,000
Open Simonelli Michael J $161,500
Previous Owner Simonelli Michael J $215,000
Previous Owner Simonelli Michael J $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $170,000 -12.8% $86 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $194,900 -- $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
2025 $5,018 $361,500 $87,900 $273,600
2024 $4,920 $361,500 $87,900 $273,600
2023 $4,561 $241,300 $60,600 $180,700
2022 $4,466 $241,300 $60,600 $180,700
2021 $4,343 $241,300 $60,600 $180,700
2020 $4,061 $195,500 $47,100 $148,400
2019 $4,061 $195,500 $47,100 $148,400
2018 $0 $195,500 $47,100 $148,400
2017 $0 $132,900 $37,000 $95,900
2016 -- $132,900 $37,000 $95,900
2015 -- $132,900 $37,000 $95,900
2014 -- $124,200 $37,000 $87,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Pinelli

    Seller's Agent in 2017

    Michael Pinelli

    RE/MAX Preferred

    (401) 354-5400

    68 Total Sales

    Michael Pinelli
    Section Image
  • Raymond Horbert

    Buyer's Agent in 2017

    Raymond Horbert

    Williams & Stuart Real Estate

    (401) 942-0200

    7 Total Sales

    Raymond Horbert
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1157512

State-Wide MLS

APN: CRAN-000008-000002-000586

Rhode Island Providence County Cranston 02910 Village

38 Pengrove St, Cranston, RI

Not Listed for Sale

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