NOT LISTED FOR SALE

53 Strathmore Rd Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $833,000 - $1,016,606

9 Beds
3 Baths
6,397 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $520,000 $81 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,659/month

49 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Attic
  • Water Views
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of July 2019

Outstanding Victorian, 3 family with water views of Still House Cove. Exceptional period detail, 2 fireplaces, gorgeous hardwood floors. Each unit has an open concept interior. This multi family is well maintained and makes for a great live-in or investment property. Property has a new rebuilt two car garage. Property is minutes to Downtown Providence, Airport, Train station, parks, churches, schools and shopping. 5 minute walking distance to Pawtuxet Village. Enjoy the Edgewood/Pawtuxet Village life style.

Last Agent to Sell the Property

Bernard Larivee

Coldwell Banker Realty License #RES.0033039 Listed on: 05/03/2019

Coldwell Banker Realty

Last Buyer's Agent

Ratha Kwiat

C-21 Butterman & Kryston License #RES.0042892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,631

Year Built

  • Built in 1905

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 6,397 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 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

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for hot water
  • Tax Lot 2222
  • Assessor Parcel Number 5355STRATHMORERDCRAN

Community Details

Overview

  • 4 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,631

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 6397.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1905
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Wood Siding, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination, Stone
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 5355STRATHMORERDCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 8631.0
  • Tax Lot: 2222
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 9, 2019
Sold by
Barrows Chesster W and Barrows Alice H
Bought by
Kwiat Michael V
Seller's Agent
Bernard Larivee
Coldwell Banker Realty
Buyer's Agent
Ratha Kwiat
C-21 Butterman & Kryston
List Price
$529,900
Sold Price
$520,000
Premium/Discount to List
-$9,900
-1.87%
Current Estimated Value
$922,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,152
Avg. Annual Appreciation
9.20%
Original Mortgage
$390,000
Outstanding Balance
$340,941
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$581,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwiat Michael V $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwiat Michael V $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2019 07/22/19 Sold $520,000 -1.9% $81 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $529,900 -- $83 / 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 $10,436 $751,900 $211,500 $540,400
2024 $10,233 $751,900 $211,500 $540,400
2023 $9,374 $496,000 $152,900 $343,100
2022 $9,181 $496,000 $152,900 $343,100
2021 $8,928 $496,000 $152,900 $343,100
2020 $8,836 $425,400 $142,400 $283,000
2019 $8,836 $425,400 $142,400 $283,000
2018 $8,631 $425,400 $142,400 $283,000
2017 $8,302 $361,900 $132,000 $229,900
2016 $8,125 $361,900 $132,000 $229,900
2015 $8,125 $361,900 $132,000 $229,900
2014 $7,087 $310,300 $125,100 $185,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bernard Larivee

    Coldwell Banker Realty

    6 in this area

    25 Total Sales

    Bernard Larivee
    Section Image
  • Ratha Kwiat

    Buyer's Agent in 2019

    Ratha Kwiat

    C-21 Butterman & Kryston

    (508) 965-4929

    1 in this area

    31 Total Sales

    Ratha Kwiat
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1222337

State-Wide MLS

APN: CRAN-000002-000002-002222

Rhode Island Providence County Cranston 02905 Edgewood

53 Strathmore Rd, Cranston, RI

Not Listed for Sale

MultiFamily

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