NOT LISTED FOR SALE

Estimated Value: $486,000 - $671,000

6 Beds
3 Baths
4,852 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $465,000 $96 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,729/month

8 Days on Market

Highlights

  • 0.29 Acre Lot
  • 2 Car Detached Garage
  • Porch
  • Wood Flooring
  • Cul-De-Sac
  • Bathtub with Shower

About This Home

As of September 2022

This jumbo-sized 3-Family home features extra-large apartments, a two-car garage and 1/3rd of an acre of land! Come see this traditional multi-family that has 2 beds and 1 bath in each apt. First and second floor units are 1,156 sq. ft. with double parlors and large eat-in kitchens. This well-built, single owner home, features lots of windows, high ceilings and hardwood floors throughout. While some upgrades have been done, there is more to do as there is significant value here. The lot may be subdivided for a separate buildable lot. Plenty of off-street parking for tenants. Located on a quiet dead-end street, yet close to nearby shopping at the Cranston Parkade Shopping Center, which includes Stop & Shop, Burlington, Edge Fitness and Lowe's is across the street. Stop paying rent and move here so your tenants pay off the mortgage and build equity for you! (Landscaping photos enhanced due to drought)

Last Agent to Sell the Property

John Chapski

Coldwell Banker Realty License #REB.0018078 Listed on: 08/08/2022

Coldwell Banker Realty

Last Buyer's Agent

Jane Driver

Residential Properties Ltd License #REB.0016979

Residential Properties Ltd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,852 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1335
  • Assessor Parcel Number 4547GORDONSTCRAN

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,440

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2938
  • Above Grade Finished Sq Ft: 4852.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Multiple lots
  • Construction Type: Plaster, Vinyl 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: 8.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Oil, Steam
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer 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: 12800.0
  • Parcel #: 4547GORDONSTCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5440.0
  • Tax Lot: 1335
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 9, 2022
Sold by
Patricia Ledversis Lt
Bought by
Velasquez Mario D and Sanchez Jocelyn D
Seller's Agent
John Chapski
Coldwell Banker Realty
Buyer's Agent
Jane Driver
Residential Properties Ltd
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%
Views
35
Current Estimated Value
$579,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,184
Avg. Annual Appreciation
8.22%
Original Mortgage
$456,000
Outstanding Balance
$438,231
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,953

Purchase Details

Closed on
Dec 26, 2017
Sold by
Ledversis Patricia
Bought by
Patricia Ledversis Lt

Purchase Details

Closed on
Sep 27, 2016
Sold by
Ledverissis Albert G
Bought by
Ledversis Patricia
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 Buyer Sale Price Title Company
Velasquez Mario D $465,000 None Available
Velasquez Mario D $465,000 None Available
Patricia Ledversis Lt -- --
Ledversis Patricia -- --
Ledversis Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Mario D $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $465,000 +1.3% $96 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $459,000 -- $95 / 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 $6,020 $442,300 $92,100 $350,200
2023 $5,555 $293,900 $63,500 $230,400
2022 $5,440 $293,900 $63,500 $230,400
2021 $5,290 $293,900 $63,500 $230,400
2020 $5,180 $249,400 $60,300 $189,100
2019 $5,180 $249,400 $60,300 $189,100
2018 $5,060 $249,400 $60,300 $189,100
2017 $4,519 $197,000 $44,500 $152,500
2016 $4,423 $197,000 $44,500 $152,500
2015 $4,423 $197,000 $44,500 $152,500
2014 $3,650 $159,800 $44,500 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1317419

State-Wide MLS

APN: CRAN-000007-000005-001335