Seller's Agent in 2021
Nick Pardy
RE/MAX Professionals
(401) 419-2991
2 in this area
101 Total Sales
512 Wellington Ave Cranston, RI 02910
Park View NeighborhoodEstimated Value: $553,959 - $660,000
8
Beds
3
Baths
4,346
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Bathtub with Shower
- Wood Flooring
- Recreation Facilities
- Laundry Room
About This Home
As of September 2021Welcome to 512 Wellington Avenue! This legal 3-unit multi-family home is ideal for an owner occupant, or even an investor looking for something to add to their portfolio that is easy to manage and rent out. This house has a little bit of everything to make it feel like home, such as fresh paint, newer roof, a fenced in backyard, rear deck for summertime fun, and plenty of off-street parking with at least 2 spaces per unit. All of the units have been renovated within the last few years, and each have access to their own set of washers & dryers in the basement! Not only is the house great, but the location is close to everything. With highway access nearby, running your daily errands is a breeze. Just 10 minutes from Downtown Providence, and 10 minutes from T.F. Green Airport!
Last Agent to Sell the Property
RE/MAX Professionals License #RES.0040238 Listed on: 06/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,905
Year Built
- Built in 1920
Lot Details
- 5,000 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 4,346 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 7 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Deck
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 1572
- Assessor Parcel Number 512WELLINGTONAVCRAN
Community Details
Overview
- 3 Units
- Auburn Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Building Details
- Operating Expense $3,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2021
Closed on
Sep 14, 2021
Sold by
Pardy Michael J
Bought by
Bonilla Yuhanna G
Seller's Agent
Nick Pardy
RE/MAX Professionals
Buyer's Agent
Marisela Vasquez
My Dream Home Realty
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,740
Avg. Annual Appreciation
9.68%
Original Mortgage
$402,573
Outstanding Balance
$365,512
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$238,228
Purchase Details
Listed on
Nov 2, 2016
Closed on
Feb 22, 2017
Sold by
Ogunnaike Segun
Bought by
Pardy Michael J
Seller's Agent
The Sussy Deleon Team
RE/MAX New Horizons
Buyer's Agent
Nick Pardy
RE/MAX Professionals
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$178,703
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 24, 2013
Sold by
Ogunnaike Segun
Bought by
Ogunnaike Segun
Purchase Details
Closed on
Jan 22, 2010
Sold by
Lopez Douglas
Bought by
Ogunnaike Segun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2009
Sold by
Bank Of New York
Bought by
Lopez Douglas
Purchase Details
Closed on
Dec 3, 2008
Sold by
Stailing William and Stailing Autumn
Bought by
Bank Of New York
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bonilla Yuhanna G | $410,000 | None Available | |
| Pardy Michael J | $182,000 | -- | |
| Ogunnaike Segun | -- | -- | |
| Ogunnaike Segun | $195,000 | -- | |
| Lopez Douglas | $67,000 | -- | |
| Bank Of New York | $121,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bonilla Yuhanna G | $402,573 | |
| Previous Owner | Bank Of New York | $178,703 | |
| Previous Owner | Bank Of New York | $146,250 | |
| Previous Owner | Bank Of New York | $154,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2021 09/14/21 | Sold | $410,000 | +2.5% | $94 / Sq Ft | |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- | |
| 06/01/2021 06/01/21 | For Sale | $399,900 | +119.7% | $92 / Sq Ft | |
| 02/23/2017 02/23/17 | Sold | $182,000 | -4.2% | $66 / Sq Ft | View Prior Sale |
| 01/24/2017 01/24/17 | Pending | -- | -- | -- | |
| 11/02/2016 11/02/16 | For Sale | $189,900 | -- | $69 / 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 |
|---|---|---|---|---|
| 2025 | $5,949 | $428,600 | $87,400 | $341,200 |
| 2024 | $5,833 | $428,600 | $87,400 | $341,200 |
| 2023 | $5,373 | $284,300 | $60,300 | $224,000 |
| 2022 | $5,262 | $284,300 | $60,300 | $224,000 |
| 2021 | $5,117 | $284,300 | $60,300 | $224,000 |
| 2020 | $4,792 | $230,700 | $46,900 | $183,800 |
| 2019 | $4,792 | $230,700 | $46,900 | $183,800 |
| 2018 | $4,681 | $230,700 | $46,900 | $183,800 |
| 2017 | $3,528 | $153,800 | $36,900 | $116,900 |
| 2016 | $3,453 | $153,800 | $36,900 | $116,900 |
| 2015 | $3,453 | $153,800 | $36,900 | $116,900 |
| 2014 | $3,003 | $131,500 | $36,900 | $94,600 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Pardy
-
Marisela Vasquez
Buyer's Agent in 2021
Marisela Vasquez
My Dream Home Realty
(401) 499-6945
2 in this area
201 Total Sales
-
T
Seller's Agent in 2017
The Sussy Deleon Team
RE/MAX New Horizons
Map
Source: State-Wide MLS
MLS Number: 1283743
APN: CRAN-000003-000002-001572
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