NOT LISTED FOR SALE

Estimated Value: $485,547 - $560,000

4 Beds
2 Baths
3,469 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $292,000 $84 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,296/month

175 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Cranston High School West Rated 9+
  • Thermal Windows
  • Laundry Room

About This Home

As of June 2020

Impeccable two family home located in desirable Knightsville section of Cranston. Home has proudly sustained multigenerational ownership which contributed to it's well maintained condition. Roof shingles are under one year, windows and siding have been updated, each spacious unit has kitchen, one bath, two beds, family room, hardwood flooring along with separate electrical panels and gas meters . All knob and tube wiring has been removed and home has been rewired. Large unfinished basement includes laundry for both units plenty of storage and bulkhead access to back yard. Detached two car garage also available for vehicles, additional storage or possible work or hobby shop. Conveniently located near big box shopping, local restaurants, schools and access to RT 295, 95 and 10. Call now for more information or to schedule a showing. PLEASE NOTE, home is being sold in AS IS CONDITION.

Last Agent to Sell the Property

Pasquale Corso

RI Real Estate Services License #REB.0019665 Listed on: 11/26/2019

RI Real Estate Services

Last Buyer's Agent

Deborah Giannini

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1920

Lot Details

  • 5,990 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,469 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 894
  • Assessor Parcel Number 42FLORIDAAVCRAN

Community Details

Overview

  • 2 Units
  • Knightsville Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,493

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: KNIGHTSVILLE
  • Above Grade Finished Sq Ft: 3469.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • 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: 5990.0
  • Parcel #: 42FLORIDAAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4493.0
  • Tax Lot: 894
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jun 19, 2020
Sold by
Richard J Iacobucci T
Bought by
Mcdermott John P and Mcdermott Jessica P
Seller's Agent
Pasquale Corso
RI Real Estate Services
Buyer's Agent
Deborah Giannini
List Price
$292,900
Sold Price
$292,000
Premium/Discount to List
-$900
-0.31%
Current Estimated Value
$537,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,887
Avg. Annual Appreciation
11.79%
Original Mortgage
$286,711
Outstanding Balance
$254,147
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$283,740

Purchase Details

Closed on
Dec 4, 2019
Sold by
Iacobucci Richard J
Bought by
Iacobucci R J
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
Mcdermott John P $292,000 None Available
Iacobucci R J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott John P $286,711
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $292,000 -0.3% $84 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $292,900 0.0% $84 / Sq Ft
03/19/2018 03/19/18 Rented $1,050 0.0% --
02/17/2018 02/17/18 Under Contract -- -- --
01/28/2018 01/28/18 For Rent $1,050 -- --
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 $5,694 $410,200 $98,900 $311,300
2024 $5,583 $410,200 $98,900 $311,300
2023 $5,275 $279,100 $68,200 $210,900
2022 $5,166 $279,100 $68,200 $210,900
2021 $5,024 $279,100 $68,200 $210,900
2020 $4,493 $216,300 $64,800 $151,500
2019 $4,493 $216,300 $64,800 $151,500
2018 $4,389 $216,300 $64,800 $151,500
2017 $3,982 $173,600 $47,800 $125,800
2016 $3,897 $173,600 $47,800 $125,800
2015 $3,897 $173,600 $47,800 $125,800
2014 $3,723 $163,000 $47,800 $115,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1242000

State-Wide MLS

APN: CRAN-000008-000001-000894