50 Michael Dr Cranston, RI 02920
Garden City NeighborhoodEstimated Value: $488,000 - $649,000
3
Beds
2
Baths
2,134
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Wood Flooring
- Corner Lot
- Cathedral Ceiling
- Attic
- Recreation Facilities
About This Home
As of January 2018A magnificent and stately gem in much desired Garden City! Welcome home to your 2,100 square foot tri-level on a large corner lot. As you walk into the front foyer, you can’t help but look up and admire the vaulted grandeur of the open stairwell, and notice the large formal living room with a gorgeous bay window that floods natural light into the home. Upstairs beyond the landing are 3 bedrooms and a full bathroom with double vanity. In the lower level enjoy your cozy, wood-beamed family room with a wet bar and impressive fireplace for entertaining family and friends or just curling up during the cold winter months. Off the family room there is a full bathroom and a possible 4 th bedroom which would make an incredible master suite should that suit you. There is another full basement for storage with a workbench, a 2-car attached garage with opener, and an outside shed for more storage. This grand home features quality construction throughout and many structural and mechanical updates, including newer architectural roof, central air, hot water tank, electrical service, sprinklers, security and more. Simply put your modern spin on the decorating, and live happily ever after in this cheerful, established neighborhood within walking distance to the boutiques, restaurants and coffee houses in dazzling Garden City Center.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0041428 Listed on: 11/29/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,547
Year Built
- Built in 1964
Lot Details
- 0.28 Acre Lot
- Corner Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Split Level Home
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4-Story Property
- Wet Bar
- Cathedral Ceiling
- Fireplace Features Masonry
- Thermal Windows
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Security System Owned
- Intercom
- Storm Windows
- Storm Doors
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Heating System Uses Steam
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 1427
- Assessor Parcel Number 50MICHAELDRCRAN
Community Details
Overview
- Garden City Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 17, 2021
Sold by
Kolb Richard W and Kolb Jeannine V
Bought by
Kolb Jeannine V
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$87,462
Interest Rate
3.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$478,316
Purchase Details
Listed on
Nov 29, 2017
Closed on
Jan 31, 2018
Sold by
Fortin Rochelle M
Bought by
Kolb Richard W and Kolb Jeannine V
Seller's Agent
Lisa Pagano
Mott & Chace Sotheby's Intl.
Buyer's Agent
Denise Mancini
Coldwell Banker Realty
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$252,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 21, 2005
Sold by
Souza George C and Souza Linda
Bought by
Fortin Rochelle M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,800
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2000
Sold by
Pagliarini Thomas J and Pagliarini Ann N
Bought by
Souza George C and Souza Linda
Similar Homes in Cranston, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kolb Jeannine V | -- | None Available | |
| Kolb Richard W | $315,000 | -- | |
| Fortin Rochelle M | $338,500 | -- | |
| Souza George C | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kolb Jeannine V | $100,000 | |
| Previous Owner | Souza George C | $252,000 | |
| Previous Owner | Souza George C | $191,707 | |
| Previous Owner | Souza George C | $243,400 | |
| Previous Owner | Souza George C | $270,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2018 01/31/18 | Sold | $315,000 | -3.0% | $148 / Sq Ft |
| 01/01/2018 01/01/18 | Pending | -- | -- | -- |
| 11/29/2017 11/29/17 | For Sale | $324,900 | -- | $152 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,950 | $437,200 | $118,700 | $318,500 |
| 2023 | $5,768 | $305,200 | $81,900 | $223,300 |
| 2022 | $5,649 | $305,200 | $81,900 | $223,300 |
| 2021 | $5,494 | $305,200 | $81,900 | $223,300 |
| 2020 | $5,517 | $265,600 | $85,800 | $179,800 |
| 2019 | $5,517 | $265,600 | $85,800 | $179,800 |
| 2018 | $5,389 | $265,600 | $85,800 | $179,800 |
| 2017 | $5,547 | $241,800 | $78,000 | $163,800 |
| 2016 | $5,428 | $241,800 | $78,000 | $163,800 |
| 2015 | $5,428 | $241,800 | $78,000 | $163,800 |
| 2014 | $5,340 | $233,800 | $78,000 | $155,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Pagano
Seller's Agent in 2018
Lisa Pagano
Mott & Chace Sotheby's Intl.
(401) 447-9505
5 in this area
43 Total Sales
-
Denise Mancini
Buyer's Agent in 2018
Denise Mancini
Coldwell Banker Realty
(401) 447-8785
51 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1178617
APN: CRAN-000010-000002-001427
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