NOT LISTED FOR SALE

Estimated Value: $429,748 - $479,000

5 Beds
2 Baths
1,978 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $359,000 $181 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,796/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Storage Room
  • Cranston High School West Rated 9+
  • Bathtub with Shower
  • Public Transportation

About This Home

As of April 2022

Located in the Heart of Knightsville's Cranston West. This Beautiful Commercially Zoned Single Family Property is Zoned C5 with the Possibility of a Multi-Family Residential Use or Many Business Use Possibilities. In the Past This Property Was Once Permitted as a 2-Family Legal Non-Conforming Use. It Features 2 Separate Gas Meters and 2 Separate 100 Amp Electric Meters. Currently, the 1st Floor Features a Large Eat-in-Kitchen, Two (2) Bedrooms, Hardwood Floors, Laundry Area and 9 Foot Ceilings Throughout. Second Floor Features Large Eat-in Kitchen, Hardwood Floors, and Three (3) Bedrooms. Full Basement with Access to Outside. The Knightsville Recently Approved Revitalization Project Includes a New Gazebo, Bocci Court, Fountain and Benches. All In Walking Distance to Many Outdoor Dining, Entertainment and Festivals. PARKING for 6 CARS with the Potential for More.

Last Agent to Sell the Property

Rhonda Sasa

BHHS Pinnacle Realty License #RES.0034418 Listed on: 03/02/2022

BHHS Pinnacle Realty

Last Buyer's Agent

Jeffrey Infante

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Sprinkler System
  • Property is zoned C5

Home Design

  • Colonial Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 768
  • Assessor Parcel Number 38PHENIXAVCRAN

Community Details

Overview

  • Knightsville District Cranston West Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,425

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Knightsville District Cranston West
  • Above Grade Finished Sq Ft: 1978.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1978.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 38PHENIXAVCRAN
  • Zoning: C5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3425.0
  • Tax Lot: 768
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 18, 2022
Sold by
Spremulli Anthony V and Verdolotti Paula A
Bought by
Palazzo Nicole and Palazzo Matthew
Seller's Agent
Rhonda Sasa
BHHS Pinnacle Realty
Buyer's Agent
Jeffrey Infante
List Price
$379,900
Sold Price
$359,000
Premium/Discount to List
-$20,900
-5.5%
Current Estimated Value
$459,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,437
Avg. Annual Appreciation
7.11%
Original Mortgage
$287,200
Outstanding Balance
$267,357
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,080
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Palazzo Nicole $359,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Nicole $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $359,000 -5.5% $181 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $379,900 -- $192 / 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 $4,637 $334,100 $109,700 $224,400
2024 $4,535 $333,200 $109,700 $223,500
2023 $3,827 $202,500 $48,200 $154,300
2022 $3,522 $190,300 $48,200 $142,100
2021 $3,425 $190,300 $48,200 $142,100
2020 $3,132 $150,800 $37,800 $113,000
2019 $3,132 $150,800 $37,800 $113,000
2018 $3,060 $150,800 $37,800 $113,000
2017 $2,448 $106,700 $17,200 $89,500
2016 $2,395 $106,700 $17,200 $89,500
2015 $2,395 $106,700 $17,200 $89,500
2014 $2,337 $102,300 $17,200 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1304247

State-Wide MLS

APN: CRAN-000011-000002-000768