45 Farragut Ave Cranston, RI 02905
Washington Park Neighborhood
6
Beds
5
Baths
3,226
Sq Ft
3,216
Sq Ft Lot
Highlights
- Wood Flooring
- Porch
- Tankless Water Heater
- Recreation Facilities
- Screened Patio
- Public Transportation
About This Home
As of September 2024This charming three-family home offers an ideal investment opportunity or a perfect place for extended family living. Each unit boasts its own unique charm, with a total of five beautifully updated bathrooms, ensuring modern comfort and convenience for all residents. The property features three, potentially four units, each spacious and well-maintained, perfect for rental income or multi-generational living. The home has been recently renovated for a fresh and contemporary feel. The refinished hardwood flooring adds warmth and elegance to the living spaces. Each unit has both eat in dining space and separate living rooms.
Off-street parking for 6+ cars provides ample parking for residents and guests. The Navien on-demand hot water system ensures efficient and reliable hot water. A finished basement offers additional living space or storage, enhancing the property's versatility. Currently fully rented, the property is generating income with tenants in place. Its prime location is a short walk to Roger Williams Park and Zoo, offering recreational opportunities and natural beauty. Additionally, it is close to all amenities, providing convenient access to shopping, dining, and other essential services. This property combines modern updates with classic charm, making it a standout choice in a desirable neighborhood. Don't miss out on this excellent investment opportunity!
Last Agent to Sell the Property
Century 21 Luxe Property Grp License #RES.0042560 Listed on: 07/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,484
Year Built
- Built in 1910
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 3,226 Sq Ft Home
- 4-Story Property
- Family Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Outdoor Features
- Screened Patio
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- Tankless Water Heater
Additional Features
- 3,216 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 59
- Assessor Parcel Number 45FARRAGUTAVPROV
Community Details
Overview
- 3 Units
- Roger Williams Subdivision
Amenities
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $1,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Sep 9, 2024
Sold by
Bisceglia Armando
Bought by
Joseph Elvonia
Seller's Agent
Courtney Grady
Century 21 Luxe Property Grp
Buyer's Agent
James Hall
Compass
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728
Avg. Annual Appreciation
4.42%
Original Mortgage
$648,045
Outstanding Balance
$644,096
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$42,682
Purchase Details
Listed on
Jan 17, 2019
Closed on
Mar 7, 2019
Sold by
Henderson Joey I
Bought by
Bisceglia Armando
Seller's Agent
Derek Cabrera
Williams & Stuart Real Estate
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$269,900
Sold Price
$273,000
Premium/Discount to List
$3,100
1.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$259,350
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2008
Sold by
Mcauley Corp
Bought by
Henderson Joey I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,463
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $660,000 | None Available | |
| Warranty Deed | $660,000 | None Available | |
| Warranty Deed | $273,000 | -- | |
| Warranty Deed | $273,000 | -- | |
| Warranty Deed | $118,000 | -- | |
| Warranty Deed | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $648,045 | FHA | |
| Closed | $20,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $648,045 | FHA | |
| Previous Owner | $378,510 | FHA | |
| Previous Owner | $259,350 | New Conventional | |
| Previous Owner | $128,500 | Unknown | |
| Previous Owner | $116,463 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $660,000 | -5.7% | $205 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $699,900 | +156.4% | $217 / Sq Ft |
| 03/07/2019 03/07/19 | Sold | $273,000 | +1.1% | $53 / Sq Ft |
| 02/05/2019 02/05/19 | Pending | -- | -- | -- |
| 01/17/2019 01/17/19 | For Sale | $269,900 | -- | $52 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $6,485 | $353,400 | $75,300 | $278,100 |
| 2023 | $6,485 | $353,400 | $75,300 | $278,100 |
| 2022 | $6,291 | $353,400 | $75,300 | $278,100 |
| 2021 | $4,986 | $203,000 | $33,200 | $169,800 |
| 2020 | $4,986 | $203,000 | $33,200 | $169,800 |
| 2019 | $4,986 | $203,000 | $33,200 | $169,800 |
| 2018 | $4,097 | $128,200 | $30,200 | $98,000 |
| 2017 | $4,097 | $128,200 | $30,200 | $98,000 |
| 2016 | $4,097 | $128,200 | $30,200 | $98,000 |
| 2015 | $3,522 | $106,400 | $30,200 | $76,200 |
| 2014 | $3,591 | $106,400 | $30,200 | $76,200 |
| 2013 | $3,591 | $106,400 | $30,200 | $76,200 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2024
Courtney Grady
Century 21 Luxe Property Grp
(401) 345-7278
1 in this area
57 Total Sales
-
Buyer's Agent in 2024
James Hall
Compass
(401) 639-9953
3 in this area
124 Total Sales
-
D
Seller's Agent in 2019
Derek Cabrera
Williams & Stuart Real Estate
(401) 255-3436
1 in this area
22 Total Sales
-
T
Buyer's Agent in 2019
Taylor & Company
Residential Properties, Ltd.
-
Buyer's Agent in 2019
Nelson Taylor
Compass
(401) 214-1524
5 in this area
606 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1364036
APN: PROV-590085-000000-000000
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