$220,000
SOLD AUG 18, 2014

40 Strathmore Rd Cranston, RI 02905

Edgewood Neighborhood
4 Beds
2 Baths
2,079 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

21% Below List Price

23 Days on Market

Highlights

  • Water Views
  • Walking Distance to Water
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Tankless Water Heater

About This Home

As of December 2014

Classic 2,000 sq ft oversized Bungalow w/ views of the Bay. Period detailing reserved. Detached 2 car garage, hardwoods, fireplace - needs updates throughout including mechanicals. Charming and minutes from Pawtuxet Village.

Last Agent to Sell the Property

Bruce Lane

Lane Ceceri Group License #REB.0015175 Listed on: 06/25/2014

Last Buyer's Agent

Rita Steele

Geo Properties, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,500 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,079 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 3628
  • Assessor Parcel Number 40STRATHMORERDCRAN

Community Details

Overview

  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1492
  • Subdivision Name: EDGEWOOD
  • Above Grade Finished Sq Ft: 2079.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1927
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 2079.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • 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
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6500.0
  • Parcel #: 40STRATHMORERDCRAN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6210.0
  • Tax Lot: 3628
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2014
Closed on
Dec 16, 2014
Sold by
Potsidis George
Bought by
Memery Raymond E and Forleo Alissa M
Seller's Agent
Rita Danielle Steele
Steele Realty Consultants LLC
Buyer's Agent
Barbara Dacey
Residential Properties Ltd.
List Price
$469,000
Sold Price
$465,000
Premium/Discount to List
-$4,000
-0.85%
Current Estimated Value
$927,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,046
Avg. Annual Appreciation
6.33%
Original Mortgage
$372,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Aug 18, 2014
Sold by
Bernard J Lovely Est
Bought by
Potsidis George
Seller's Agent
Bruce Lane
Lane Ceceri Group
Buyer's Agent
Rita Steele
Geo Properties, Inc.
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
865.92%
Original Mortgage
$300,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $465,000 --
Executors Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,800 Stand Alone Refi Refinance Of Original Loan
Closed $372,000 New Conventional
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $465,000 -0.9% $158 / Sq Ft
12/16/2014 12/16/14 For Sale $469,000 +113.2% $159 / Sq Ft
08/18/2014 08/18/14 Sold $220,000 -21.4% $106 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $279,900 -- $135 / 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 $10,408 $764,700 $209,700 $555,000
2023 $10,248 $542,200 $151,500 $390,700
2022 $10,036 $542,200 $151,500 $390,700
2021 $9,760 $542,200 $151,500 $390,700
2020 $9,430 $454,000 $141,200 $312,800
2019 $9,430 $454,000 $141,200 $312,800
2018 $9,212 $454,000 $141,200 $312,800
2017 $9,048 $394,400 $130,800 $263,600
2016 $8,854 $394,400 $130,800 $263,600
2015 $8,854 $394,400 $130,800 $263,600
2014 $6,210 $271,900 $123,900 $148,000
Source: Public Records

Agents Affiliated with this Home

  • Bruce Lane

    Seller's Agent in 2014

    Bruce Lane

    Lane Ceceri Group

    (401) 419-1912

    2 in this area

    291 Total Sales

    Section Image

  • R

    Seller's Agent in 2014

    Rita Danielle Steele

    Steele Realty Consultants LLC

    Section Image

  • R

    Buyer's Agent in 2014

    Rita Steele

    Geo Properties, Inc.

  • Barbara Dacey

    Buyer's Agent in 2014

    Barbara Dacey

    Residential Properties Ltd.

    (401) 553-6322

    33 in this area

    137 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1071853

State-Wide MLS

APN: CRAN-000002-000002-003628

Rhode Island Providence County Cranston 02905 Edgewood

40 Strathmore Rd, Cranston, RI

This home is located at 40 Strathmore Rd, Cranston, RI 02905 and is currently priced at $220,000, approximately $105 per square foot. This property was built in 1927. 40 Strathmore Rd is a home located in Providence County with nearby schools including Edward S. Rhodes School, Park View Middle School, and Cranston High School East.

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.

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