NOT LISTED FOR SALE

Estimated Value: $572,507 - $616,000

5 Beds
2 Baths
3,256 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $360,000 $111 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,677/month

50 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • 2 Fireplaces
  • Cranston High School West Rated 9+
  • Attic
  • 1-minute walk to Meshanticut State Park

About This Home

As of August 2019

2 unit investment property in the most desirable neighborhood in Cranston with year round water views of Meshanticut Lake. Both units feature renovated kitchens with new appliances, updated bathrooms, refinished hardwoods, and charming details throughout including separate living and dining rooms, two fireplaces plus a large finished basement storage area. Two new natural gas heating systems and a two car garage with remote openers. Common area motion lighting, and new coin-op laundry in basement. The property is a townhouse style duplex featuring a 2bed/1bath and 3bed/1 bath and new exterior paint. Fantastic neighborhood close to Garden City and Chapel View. Cranston Western school system.

Last Agent to Sell the Property

Denise Silva

Weichert REALTORS-Atlantic Prp License #RES.0042516 Listed on: 05/12/2019

Weichert REALTORS-Atlantic Prp

Co-Listed By

Mike Navoian

Weichert REALTORS-Atlantic Prp License #REC.0017259

Last Buyer's Agent

Friedman Group

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1939

Lot Details

  • 8,120

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 8,120 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 767
  • Assessor Parcel Number 4850NORTHSTCRAN

Community Details

Overview

  • 4 Units
  • Meshanticut Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,718

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: ALTP
  • Co List Office Phone: 401-783-2550
  • Subdivision Name: Meshanticut
  • Above Grade Finished Sq Ft: 3256.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1939
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway
  • 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: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8120.0
  • Parcel #: 4850NORTHSTCRAN
  • Zoning: A6
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4718.0
  • Tax Lot: 767
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2019
Closed on
Aug 1, 2019
Sold by
Weller Gregg M and Kruse-Weller Erika
Bought by
Newby Lisa D
Seller's Agent
Denise Silva
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Friedman Group
Compass
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
Current Estimated Value
$589,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,127
Avg. Annual Appreciation
8.39%
Original Mortgage
$272,000
Outstanding Balance
$241,243
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,390

Purchase Details

Closed on
Apr 26, 2016
Sold by
Murga Bethany A
Bought by
Deutsche Bk Natl T Co

Purchase Details

Listed on
Feb 18, 2015
Closed on
Dec 23, 2015
Sold by
Deutsche Bk Natl T Co
Bought by
Weller Gregg M and Kruse-Weller Erika L
Seller's Agent
Matthew Escaler
Vylla Home
Buyer's Agent
Mike Navoian
Weichert REALTORS-Atlantic Prp
List Price
$174,900
Sold Price
$179,000
Premium/Discount to List
$4,100
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
May 13, 2015
Sold by
Murga Bethany A
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Sep 25, 2000
Sold by
Marionni Joan T
Bought by
Murga Bethany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Newby Lisa D $365,000 --
Deutsche Bk Natl T Co $378,243 --
Weller Gregg M $179,000 --
Deutsche Bk Natl T Co $209,300 --
Murga Bethany A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newby Lisa D $272,000
Previous Owner Murga Bethany A $164,500
Previous Owner Murga Bethany A $110,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $360,000 -5.2% $111 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
05/12/2019 05/12/19 For Sale $379,900 +112.2% $117 / Sq Ft
12/31/2015 12/31/15 Sold $179,000 +2.3% $82 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $174,900 -- $80 / 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 $5,900 $433,500 $113,000 $320,500
2023 $5,831 $308,500 $74,400 $234,100
2022 $5,710 $308,500 $74,400 $234,100
2021 $5,553 $308,500 $74,400 $234,100
2020 $4,829 $232,500 $70,900 $161,600
2019 $4,829 $232,500 $70,900 $161,600
2018 $4,717 $232,500 $70,900 $161,600
2017 $4,271 $186,200 $63,800 $122,400
2016 $4,180 $186,200 $63,800 $122,400
2015 $4,180 $186,200 $63,800 $122,400
2014 $4,449 $194,800 $63,800 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1223121

State-Wide MLS

APN: CRAN-000017-000004-000767