NOT LISTED FOR SALE

498 Wellington Ave Cranston, RI 02910

Park View Neighborhood

Estimated Value: $379,000 - $415,000

6 Beds
2 Baths
2,619 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $326,000 $124 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,487/month

18 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Carpet
  • Porch

About This Home

As of August 2022

2 FAMILY, VINYL SIDED, 5 YEARS OLD ROOF, 2 CAR GARAGES, 5-6 PARKING, NEWER HEATING SYSTEM, PARTIAL FINISHED BASEMENT. Highest & Best by 5PM Monday 05/23/2022.

Last Agent to Sell the Property

Chin, Norman

C & L Agency, Inc. License #REB.0013921 Listed on: 05/17/2022

Last Buyer's Agent

Karolyne Lucia

RE/MAX Real Estate Center License #RES.0041110

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1920

Lot Details

  • 5,000

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,619 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Porch
  • 5,000 Sq Ft Lot

Community Details

  • 2 Units
  • Auburn Subdivision

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 498WELLINGTONAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,742

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: AUBURN
  • Above Grade Finished Sq Ft: 2619.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • 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: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 498WELLINGTONAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3742.2
  • Tax Lot: 125
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 1, 2022
Sold by
Chen Xian Q and Chen Hui J
Bought by
Carrasco-Pena Miguel A
Seller's Agent
Chin, Norman
C & L Agency, Inc.
Buyer's Agent
Karolyne Lucia
RE/MAX Real Estate Center
List Price
$320,000
Sold Price
$326,000
Premium/Discount to List
$6,000
1.88%
Current Estimated Value
$404,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,690
Avg. Annual Appreciation
6.75%
Original Mortgage
$320,095
Outstanding Balance
$306,274
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$98,416

Purchase Details

Closed on
Sep 30, 2009
Sold by
Green Tree Svcs
Bought by
Chen Hui J and Chen Yian Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2008
Sold by
Langley Yolanda
Bought by
Green Tree Servicing L

Purchase Details

Closed on
Jan 20, 2006
Sold by
Cabrera Felipe
Bought by
Langley Yolanda

Purchase Details

Closed on
Jul 1, 2005
Sold by
Bushee Donald R
Bought by
Cabrera Felipe

Purchase Details

Closed on
May 25, 2001
Sold by
Jacques Colette J
Bought by
Bushee Donald R

Purchase Details

Closed on
May 3, 1993
Sold by
Jacques Jeannette
Bought by
Hudson Ronald F and Hudson Colette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carrasco-Pena Miguel A $326,000 None Available
Chen Hui J $81,500 --
Green Tree Servicing L $141,000 --
Langley Yolanda $280,000 --
Cabrera Felipe $210,000 --
Bushee Donald R $100,000 --
Hudson Ronald F $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrasco-Pena Miguel A $320,095
Previous Owner Hudson Ronald F $50,000
Previous Owner Hudson Ronald F $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $326,000 +1.9% $124 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $320,000 0.0% $122 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $320,000 0.0% $122 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $320,000 -- $122 / 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
2025 $4,271 $307,700 $87,400 $220,300
2024 $4,188 $307,700 $87,400 $220,300
2023 $3,929 $207,900 $60,300 $147,600
2022 $3,848 $207,900 $60,300 $147,600
2021 $3,742 $207,900 $60,300 $147,600
2020 $3,431 $165,200 $46,900 $118,300
2019 $3,431 $165,200 $46,900 $118,300
2018 $3,352 $165,200 $46,900 $118,300
2017 $2,744 $119,600 $36,900 $82,700
2016 $2,685 $119,600 $36,900 $82,700
2015 $2,685 $119,600 $36,900 $82,700
2014 $2,711 $118,700 $36,900 $81,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chin, Norman

    C & L Agency, Inc.

    1 in this area

    16 Total Sales

    Chin, Norman
    Section Image
  • Karolyne Lucia

    Buyer's Agent in 2022

    Karolyne Lucia

    RE/MAX Real Estate Center

    (401) 385-9334

    1 in this area

    25 Total Sales

    Karolyne Lucia
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1310419

State-Wide MLS

APN: CRAN-000003-000002-000125

Rhode Island Providence County Cranston 02910 Park View

498 Wellington Ave, Cranston, RI

Not Listed for Sale

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