NOT LISTED FOR SALE

40 Alto St Cranston, RI 02920

Silver Lake Neighborhood

Estimated Value: $382,473 - $546,000

5 Beds
3 Baths
1,716 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $160,000 $93 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,823/month

8 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Baseboard Heating
  • 2 Car Detached Garage
  • Shops

About This Home

As of June 2013

BACK ON MARKET WITH TOTAL RENOVATION!!! 1st, 2nd & 3rd fl make over! New Kit, bath, updated elec, new deck. 20 yr tenant on 2nd (rent could be higher). 2 car garage w/NEW roof. Turn-key with EXCELLENT cash flow. Plenty of parking.

Last Agent to Sell the Property

Lynn Forlini

HomeSmart Professionals License #REB.0018546 Listed on: 05/17/2013

HomeSmart Professionals

Last Buyer's Agent

Norma Burgos-Rivero

Mastermind Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1920

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,716 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 560
  • Assessor Parcel Number 40ALTOSTCRAN

Community Details

Overview

  • 3 Units
  • Laurel Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,760

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1033
  • Subdivision Name: LAUREL HILL
  • Above Grade Finished Sq Ft: 1716.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Cable TV
  • Living Area: 1716.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • 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: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • 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

  • Lot Size Sq Ft: 4500.0
  • Parcel #: 40ALTOSTCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3760.0
  • Tax Lot: 560
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 25, 2013
Sold by
Zuena Fabio and Lourenco Christopher
Bought by
Vaca Jasmine and Baldomar Luis F
Seller's Agent
Lynn Forlini
HomeSmart Professionals
Buyer's Agent
Norma Burgos-Rivero
Mastermind Realty Corporation
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%
Current Estimated Value
$470,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,868
Avg. Annual Appreciation
9.20%
Original Mortgage
$157,102
Outstanding Balance
$111,933
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$358,935

Purchase Details

Listed on
Mar 22, 2012
Closed on
May 24, 2012
Sold by
Celani Deborah
Bought by
Zuena Fabio and Lourenco Christopher
Seller's Agent
Sandy McNamara
Family First Realty RI, LLC
Buyer's Agent
Lynn Forlini
List Price
$60,000
Sold Price
$67,500
Premium/Discount to List
$7,500
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.73%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vaca Jasmine $160,000 --
Zuena Fabio $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuena Fabio $22,000
Open Zuena Fabio $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $160,000 +3.3% $93 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $154,900 +129.5% $90 / Sq Ft
05/24/2012 05/24/12 Sold $67,500 +12.5% $39 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $60,000 -- $35 / 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 $3,909 $287,200 $23,700 $263,500
2023 $3,759 $198,900 $16,400 $182,500
2022 $3,682 $198,900 $16,400 $182,500
2021 $3,580 $198,900 $16,400 $182,500
2020 $3,284 $158,100 $12,700 $145,400
2019 $3,284 $158,100 $12,700 $145,400
2018 $3,208 $158,100 $12,700 $145,400
2017 $2,787 $121,500 $10,000 $111,500
2016 $2,728 $121,500 $10,000 $111,500
2015 $3,100 $138,100 $10,000 $128,100
2014 $2,599 $113,800 $10,000 $103,800
Source: Public Records

Agents Affiliated with this Home

  • Lynn Forlini

    Seller's Agent in 2013

    Lynn Forlini

    HomeSmart Professionals

    (401) 413-8920

    1 in this area

    24 Total Sales

    Lynn Forlini
    Section Image

  • N

    Buyer's Agent in 2013

    Norma Burgos-Rivero

    Mastermind Realty Corporation

  • Sandy McNamara

    Seller's Agent in 2012

    Sandy McNamara

    Family First Realty RI, LLC

    (401) 300-2289

    25 Total Sales

    Sandy McNamara
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1041407

State-Wide MLS

APN: CRAN-000007-000001-000560

Rhode Island Providence County Cranston 02920 Silver Lake

40 Alto St, Cranston, RI

This home is located at 40 Alto St, Cranston, RI 02920 since 17 May 2013 and is currently estimated at $470,868, approximately $274 per square foot. This property was built in 1920. 40 Alto St is a home located in Providence County with nearby schools including Charles N. Fortes Elementary School, Asa Messer Elementary School, and Laurel Hill Annex School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes