NOT LISTED FOR SALE

53 Wheeler Ave Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $728,650

6 Beds
3 Baths
4,681 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $385,100 $82 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,552/month

11 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

As of June 2019

Excellent 3-family ideal for either owner occupied or investor in desirable Edgewood just steps from historic Roger Williams Park. Consistent income generator with current rents at $2350/mo income. 2nd floor apt recent rent $1100/mo, total apt rents $3450/mo total. Hardwoods throughout, great layout with open living/dining rooms. Generous off-street parking with 2-car garage. NEW roof in 2018, exterior/interior paint, hard-wired smoke/CO fire-code alarm system. Separate utilities, forced hot air gas heating systems. Minutes to Providence, J&W, RISD, Brown, historic Pawtuxet village shops and restaurants, and just down the block from JP Spoonems, one of the best diners in Edgewood! **Highest & Best Offers due Monday 5/20/19 by 6:00pm**

Last Agent to Sell the Property

Steven Miller

Coldwell Banker Realty Listed on: 05/16/2019

Coldwell Banker Realty

Last Buyer's Agent

John Maurice

HomeSmart Professionals License #RES.0034323

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1926

Lot Details

  • 7,500

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,681 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 7,500 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 3488
  • Assessor Parcel Number 53WHEELERAVCRAN

Community Details

Overview

  • 4 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,547

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 4681.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1926
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination
  • Patio And Porch Features: Porch

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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: 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: 7500.0
  • Parcel #: 53WHEELERAVCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5547.0
  • Tax Lot: 3488
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 22, 2019
Sold by
Friedell Andrew and Friedell Kara
Bought by
Bradley Manassah
Seller's Agent
Steven Miller
Coldwell Banker Realty
Buyer's Agent
John Maurice
HomeSmart Professionals
List Price
$379,000
Sold Price
$385,100
Premium/Discount to List
$6,100
1.61%
Current Estimated Value
$728,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,550
Avg. Annual Appreciation
10.56%
Original Mortgage
$346,590
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bradley Manassah $385,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Manassah $336,000
Closed Bradley Manassah $346,590
Previous Owner Friedell Andrew $290,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $385,100 +1.6% $82 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $379,000 -- $81 / 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
2024 $6,757 $496,500 $122,000 $374,500
2023 $6,124 $324,000 $84,100 $239,900
2022 $5,997 $324,000 $84,100 $239,900
2021 $5,832 $324,000 $84,100 $239,900
2020 $5,679 $273,400 $87,600 $185,800
2019 $5,679 $273,400 $87,600 $185,800
2018 $5,547 $273,400 $87,600 $185,800
2017 $5,132 $223,700 $77,100 $146,600
2016 $5,022 $223,700 $77,100 $146,600
2015 $5,022 $223,700 $77,100 $146,600
2014 $4,356 $190,700 $70,100 $120,600
Source: Public Records

Agents Affiliated with this Home

  • Steven Miller

    Seller's Agent in 2019

    Steven Miller

    Coldwell Banker Realty

    (401) 477-9316

    11 in this area

    181 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    John Maurice

    HomeSmart Professionals

    (401) 724-3545

    4 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1223695

State-Wide MLS

APN: CRAN-000002-000003-003488

Rhode Island Providence County Cranston 02905 Edgewood

53 Wheeler Ave, Cranston, RI

This home is located at 53 Wheeler Ave, Cranston, RI 02905 since 16 May 2019 and is currently priced at $728,650, approximately $155 per square foot. This property was built in 1926. 53 Wheeler Ave is a home located in Providence County with nearby schools including Edgewood Highland Elementary School, Park View Middle School, and Cranston High School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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