NOT LISTED FOR SALE

61 Wayland Ave Cranston, RI 02920

Knightsville Neighborhood

Estimated Value: $440,000 - $500,000

4 Beds
2 Baths
2,956 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $329,000 $111 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,908/month

34 Days on Market

Highlights

  • Golf Course Community
  • 0.68 Acre Lot
  • Attic
  • Cranston High School West Rated 9+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of October 2021

Investors/flippers/contractors take notice. Two family located on the corner or Wayland and Atwood. Separate taxed lot next to property with garage included. 2 bed 1 bath for each floor. Currently not rented, owner used both units. Many possibilities given the location of this property. Excellent opportunity for the right buyer.

Last Agent to Sell the Property

Tom Wegner

Residential Properties Ltd. License #RES.0041513 Listed on: 08/02/2021

Residential Properties Ltd.

Co-Listed By

Adam Osetek

Compass License #RES.0045287

Last Buyer's Agent

Samuel Alba

Innovations Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1921

Lot Details

  • 0.68 Acre Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Fixer Upper
  • Combination Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,956 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 991
  • Assessor Parcel Number 61WAYLANDAVCRAN

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,409

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6808
  • Co List Office Mls Id: LILA06
  • Co List Office Phone: 401-274-1644
  • Above Grade Finished Sq Ft: 2956.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1921
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Multiple lots
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Combination
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29656.0
  • Parcel #: 61WAYLANDAVCRAN
  • Zoning: B1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4409.0
  • Tax Lot: 991
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 6, 2021
Sold by
Murphy Frederick W
Bought by
Fernandez Noemi
Seller's Agent
Tom Wegner
Residential Properties Ltd.
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$359,000
Sold Price
$329,000
Premium/Discount to List
-$30,000
-8.36%
Current Estimated Value
$470,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,958
Avg. Annual Appreciation
9.18%
Original Mortgage
$323,040
Outstanding Balance
$297,760
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$168,855

Purchase Details

Closed on
Jul 31, 2007
Sold by
Ferrara Antonio and Ferrara Pasqualina
Bought by
Murphy Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,100
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Fernandez Noemi $329,000 None Available
Murphy Frederick W $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Noemi $323,040
Previous Owner Murphy Frederick W $264,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $329,000 -8.4% $111 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $359,000 -- $121 / 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 $4,928 $362,100 $84,900 $277,200
2023 $4,544 $240,400 $58,500 $181,900
2022 $4,450 $240,400 $58,500 $181,900
2021 $4,327 $240,400 $58,500 $181,900
2020 $4,175 $201,000 $55,600 $145,400
2019 $4,175 $201,000 $55,600 $145,400
2018 $4,078 $201,000 $55,600 $145,400
2017 $3,719 $162,100 $41,000 $121,100
2016 $3,639 $162,100 $41,000 $121,100
2015 $3,639 $162,100 $41,000 $121,100
2014 $3,485 $152,600 $41,000 $111,600
Source: Public Records

Agents Affiliated with this Home

  • Tom Wegner

    Seller's Agent in 2021

    Tom Wegner

    Residential Properties Ltd.

    (401) 245-9600

    1 in this area

    100 Total Sales

    Tom Wegner
    Section Image
  • Adam Osetek

    Seller Co-Listing Agent in 2021

    Adam Osetek

    Compass

    (401) 744-2692

    3 in this area

    68 Total Sales

    Adam Osetek
    Section Image
  • Samuel Alba

    Buyer's Agent in 2021

    Samuel Alba

    Innovations Realty

    (401) 640-0036

    3 in this area

    614 Total Sales

    Samuel Alba
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1289901

State-Wide MLS

APN: CRAN-000011-000003-000991

Rhode Island Providence County Cranston 02920 Knightsville

61 Wayland Ave, Cranston, RI

This home is located at 61 Wayland Ave, Cranston, RI 02920 since 02 August 2021 and is currently estimated at $470,958, approximately $159 per square foot. This property was built in 1921. 61 Wayland Ave is a home located in Providence County with nearby schools including George J. Peters School, Western Hills Middle School, and Cranston High School West.

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