NOT LISTED FOR SALE

56 Grant Ave Cranston, RI 02920

Arlington Neighborhood

Estimated Value: $510,000 - $630,000

6 Beds
3 Baths
2,676 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $74,000 $28 Per Sq Ft

Est. 664% increase in value since last sale

Current estimated payment $3,405/month

48 Days on Market

Highlights

  • Wood Flooring
  • Storage Room
  • Shops
  • Corner Lot
  • Public Transportation
  • 4-minute walk to Washington Secondary trail

About This Home

As of March 2012

THIS PROPERTY HAS GOOD BONES! NEWER ROOF, WINDOWS, VINYL SIDED! LOCATED ON A CORNER LOT, NICE UNITS! A LITTLE TLC MAKES THIS INCOME CASTLE SPARKLE! GREAT LOCATION NEAR ALL! PRICED TO SELL IN AS-IS CONDITION!

Last Agent to Sell the Property

Fred D'Aguanno

Derby Properties, Inc. License #REB.0018177 Listed on: 12/12/2011

Last Buyer's Agent

Stephanie Corsetti

Alliance Real Estate Group LLC License #REB.0016742

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,676 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 274
  • Assessor Parcel Number 56GRANTAVCRAN

Community Details

Overview

  • 3 Units
  • Arlington Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: ARLINGTON
  • Above Grade Finished Sq Ft: 2676.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 2676.0
  • Dining Room Type: Storage Room
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Hot Water, Space Heater
  • 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 Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 56GRANTAVCRAN

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3323.0
  • Tax Lot: 274
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Kam Holdings Llc
Bought by
Moran Corsetti Fret and Moran M
Current Estimated Value
$565,333

Purchase Details

Closed on
Dec 13, 2012
Sold by
Moran Kevin
Bought by
Kam Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2011
Closed on
Feb 29, 2012
Sold by
Fnma
Bought by
Moran Kevin
Seller's Agent
Fred D'Aguanno
Derby Properties, Inc.
Buyer's Agent
Stephanie Corsetti
Alliance Real Estate Group LLC
List Price
$94,500
Sold Price
$74,000
Premium/Discount to List
-$20,500
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Martins Marcio and Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 24, 1999
Sold by
Scottsdale Dev Llc
Bought by
Delarosa Keila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,198
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Moran Corsetti Fret -- None Available
Kam Holdings Llc -- --
Moran Kevin -- --
Federal National Mortgage Association -- --
Delarosa Keila M $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delarosa Keila M $521,250
Previous Owner Delarosa Keila M $150,000
Previous Owner Kam Holdings Llc $425,000
Previous Owner Delarosa Keila M $187,000
Previous Owner Delarosa Keila M $97,198
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $74,000 -21.7% $28 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $94,500 -- $35 / 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 $5,633 $405,800 $106,900 $298,900
2024 $5,523 $405,800 $106,900 $298,900
2023 $4,812 $254,600 $46,900 $207,700
2022 $4,713 $254,600 $46,900 $207,700
2021 $4,583 $254,600 $46,900 $207,700
2020 $4,308 $207,400 $36,900 $170,500
2019 $4,308 $207,400 $36,900 $170,500
2018 $4,208 $207,400 $36,900 $170,500
2017 $3,262 $142,200 $16,800 $125,400
2016 $3,192 $142,200 $16,800 $125,400
2015 $3,192 $142,200 $16,800 $125,400
2014 $2,581 $113,000 $16,800 $96,200
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Fred D'Aguanno

    Derby Properties, Inc.

    Section Image
  • Stephanie Corsetti

    Buyer's Agent in 2012

    Stephanie Corsetti

    Alliance Real Estate Group LLC

    (401) 255-6666

    29 Total Sales

    Stephanie Corsetti
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1006888

State-Wide MLS

APN: CRAN-000007-000002-000274

Rhode Island Providence County Cranston 02920 Arlington

56 Grant Ave, Cranston, RI

Not Listed for Sale

MultiFamily

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