NOT LISTED FOR SALE

Estimated Value: $471,431 - $579,000

4 Beds
2 Baths
4,672 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $286,000 $61 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,247/month

40 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Storage Room
  • Shops

About This Home

As of July 2019

Welcome Home to his beautifully maintained 2 family home in Cranston! Each unit features 2 bedrooms, 1 bath, gorgeous hardwood floors, and 1,088 square feet of living space. Long time tenants have helped keep this home in wonderful condition. This home has gas heat, central air conditioning, basement storage for each unit and expansion potential in the attic. A two car garage and plenty of driveway parking are additional benefits. This multi family has so much to offer. Call for your showing today.

Last Agent to Sell the Property

Mark Barter

HomeSmart Professionals License #RES.0042003 Listed on: 04/23/2019

HomeSmart Professionals

Last Buyer's Agent

Renee Moussally

Coldwell Banker Realty License #RES.0042756

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,672 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 606
  • Assessor Parcel Number 5LAMBERTSTCRAN

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Additional Features

  • 4 Units
  • Operating Expense $7,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,932

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Above Grade Finished Sq Ft: 4672.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Aluminum 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

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Steam
  • 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, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 5LAMBERTSTCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 7040.0

Tax Info

  • Tax Annual Amount: 4932.0
  • Tax Lot: 606
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 3, 2019
Sold by
Gibbs Bruce E and Gibbs Myrna J
Bought by
Hernandez Brian R
Seller's Agent
Mark Barter
HomeSmart Professionals
Buyer's Agent
Renee Moussally
Coldwell Banker Realty
List Price
$278,000
Sold Price
$286,000
Premium/Discount to List
$8,000
2.88%
Current Estimated Value
$528,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,017
Avg. Annual Appreciation
9.93%
Original Mortgage
$280,819
Outstanding Balance
$245,368
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,240

Purchase Details

Closed on
Mar 31, 2004
Sold by
Nadich Andreas and Nadich Hermina
Bought by
Gibbs Bruce and Gibbs Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.56%
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

Date Buyer Sale Price Title Company
Hernandez Brian R $286,000 --
Gibbs Bruce $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Brian R $280,819
Previous Owner Gibbs Bruce $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $286,000 +2.9% $61 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $278,000 -- $60 / Sq Ft
Source: State-Wide MLS

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 $6,064 $436,900 $106,900 $330,000
2024 $5,946 $436,900 $106,900 $330,000
2023 $5,058 $267,600 $70,400 $197,200
2022 $4,953 $267,600 $70,400 $197,200
2021 $4,817 $267,600 $70,400 $197,200
2020 $4,468 $215,100 $67,000 $148,100
2019 $4,468 $215,100 $67,000 $148,100
2018 $4,364 $215,100 $67,000 $148,100
2017 $4,219 $183,900 $60,300 $123,600
2016 $4,129 $183,900 $60,300 $123,600
2015 $4,129 $183,900 $60,300 $123,600
2014 $3,967 $173,700 $60,300 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1221056

State-Wide MLS

APN: CRAN-000006-000002-000606