NOT LISTED FOR SALE

5 Fountain Ave Cranston, RI 02920

Laurel Hill Neighborhood

Estimated Value: $385,377 - $520,000

5 Beds
2 Baths
1,618 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2012

Last sale price $126,500 $78 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $2,803 / mo

31 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Shops
  • Thermal Windows
  • Public Transportation
  • Baseboard Heating

About This Home

As of January 2012

Great cash flow or live for less than renting.

Last Agent to Sell the Property

Paul Zarrella

Williams & Stuart Real Estate License #REB.0015470 Listed on: 11/29/2011

Last Buyer's Agent

Rodino Forbes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,400

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,618 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Porch
  • 6,400 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 1530,1543
  • Assessor Parcel Number 5FOUNTAINAVCRAN

Community Details

Overview

  • 2 Units
  • Laurel Hill/ Arlington Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

6,400 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1469
  • Subdivision Name: LAUREL HILL/ ARLINGTON
  • Above Grade Finished Sq Ft: 1618.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1618.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6400.0
  • Parcel #: 5FOUNTAINAVCRAN

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3401.0
  • Tax Lot: 1530,1543
  • Tax Year: 2009

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jan 31, 2012
Sold by
Bought by
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Rodino Forbes
List Price
$129,900
Sold Price
$126,500
Premium/Discount to List
-$3,400
-2.62%
Current Estimated Value
$460,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,094
Avg. Annual Appreciation
9.39%
Original Mortgage
$122,715
Outstanding Balance
$82,668
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$377,926

Purchase Details

Closed on
May 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$126,500 --
$120,000 --
$178,500 --
$183,000 --
$213,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $122,715
Previous Owner $170,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2012 01/30/12 Sold $126,500 -2.6% $78 / Sq Ft
12/31/2011 12/31/11 Pending -- -- --
11/29/2011 11/29/11 For Sale $129,900 -- $80 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,781 $272,400 $82,900 $189,500
2024 $3,707 $272,400 $82,900 $189,500
2023 $3,154 $166,900 $57,200 $109,700
2022 $3,089 $166,900 $57,200 $109,700
2021 $3,004 $166,900 $57,200 $109,700
2020 $2,893 $139,300 $44,500 $94,800
2019 $2,893 $139,300 $44,500 $94,800
2018 $2,826 $139,300 $44,500 $94,800
2017 $2,895 $126,200 $34,900 $91,300
2016 $2,833 $126,200 $34,900 $91,300
2015 $2,833 $126,200 $34,900 $91,300
2014 $2,834 $124,100 $34,900 $89,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Zarrella

    Seller's Agent in 2012

    Paul Zarrella

    Williams & Stuart Real Estate

    (401) 398-2100

    129 Total Sales

    Paul Zarrella
    Section Image

  • R

    Buyer's Agent in 2012

    Rodino Forbes

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1006170

State-Wide MLS

APN: CRAN-000008-000003-001530

Rhode Island Providence County Cranston 02920 Laurel Hill

5 Fountain Ave, Cranston, RI

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