NOT LISTED FOR SALE

618 Reservoir Ave Cranston, RI 02910

Auburn Neighborhood

Estimated Value: $540,029

8 Beds
3 Baths
4,048 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $407,000 $101 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,982/month

68 Days on Market

Highlights

  • Wood Flooring
  • Storage Room
  • Fenced
  • Bathtub with Shower
  • Central Air
  • Paved or Partially Paved Lot

About This Home

As of November 2021

EXCELLENT LARGE 3 UNIT MULTI-FAMILY HOME! GREAT OWNER OCCUPANT OR INVESTMENT OPPORTUNITY FIRST FLOOR IS COMMERICAL SO EITHER A COMMERICAL RENTAL UNIT OR A RESIDENTIAL RENTAL UNIT! FIRST FLOOR COULD BE A 2 BEDROOM WITH LIVING ROOM AND KITCHEN OR 3 ROOM WITH KITCHEN COMMERICAL RENTAL. SECOND FLOOR 3 BEDROOM DINING ROOM AND LIVING ROOM, AND THIRD FLOOR 3 BEDROOM AND LIVING ROOM OR 2 BEDROOM WITH LIVING ROOM AND DINING ROOM SO MUCH POTENTIAL FOR YOU OR FOR RENTAL OPTIONS! LOTS OF UPDATES AS WELL! ALSO, THERE IS A NICE PARKING LOT IN THE BACK OF THE HOME SO PARKING IS NOT A PROBLEM

Last Agent to Sell the Property

Lori Mccaughey

HomeSmart Professionals License #RES.0041887 Listed on: 08/15/2021

HomeSmart Professionals

Last Buyer's Agent

Vincent Letizia

J. Christopher Real Estate Grp License #RES.0041168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1923

Lot Details

  • 4,869 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,048 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $8,000

Listing and Financial Details

  • Tax Lot 2197
  • Assessor Parcel Number 618RESERVOIRAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,302

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1118
  • Above Grade Finished Sq Ft: 4048.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4869.0
  • Parcel #: 618RESERVOIRAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 6302.1
  • Tax Lot: 2197
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Nov 19, 2021
Sold by
Reservoir Properties Llc
Bought by
Andreoli Gianni B
Seller's Agent
Lori Mccaughey
HomeSmart Professionals
Buyer's Agent
Vincent Letizia
J. Christopher Real Estate Grp
List Price
$369,900
Sold Price
$407,000
Premium/Discount to List
$37,100
10.03%
Current Estimated Value
$540,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,029
Avg. Annual Appreciation
7.84%
Original Mortgage
$399,628
Outstanding Balance
$373,788
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$164,311
Source: Public Records

Range of Values:

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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
Andreoli Gianni B $407,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andreoli Gianni B $399,628
Previous Owner Reservoir Properties Llc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $407,000 +10.0% $101 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $369,900 +38.0% $91 / Sq Ft
10/09/2020 10/09/20 Sold $268,000 -4.3% $75 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $279,900 -- $79 / 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 -- $368,200 $113,500 $254,700
2023 $0 $304,400 $97,300 $207,100
2022 $0 $304,400 $97,300 $207,100
2021 $0 $304,400 $97,300 $207,100
2020 $0 $256,600 $102,800 $153,800
2019 $0 $256,600 $102,800 $153,800
2018 $0 $256,600 $102,800 $153,800
2017 $0 $234,400 $93,400 $141,000
2016 -- $234,400 $93,400 $141,000
2015 -- $234,400 $93,400 $141,000
2014 -- $266,200 $156,000 $110,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lori Mccaughey

    HomeSmart Professionals

    Section Image
  • Vincent Letizia

    Buyer's Agent in 2021

    Vincent Letizia

    J. Christopher Real Estate Grp

    (401) 999-7355

    1 in this area

    55 Total Sales

    Section Image

  • P

    Seller's Agent in 2020

    Paul Sczerbinski

    Land Realty

    2 in this area

    5 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1291113

State-Wide MLS

APN: CRAN-000006-000002-002197

Rhode Island Providence County Cranston 02910 Auburn

618 Reservoir Ave, Cranston, RI

This home is located at 618 Reservoir Ave, Cranston, RI 02910 since 15 August 2021 and is currently estimated at $540,029, approximately $133 per square foot. This property was built in 1923. 618 Reservoir Ave is a home located in Providence County with nearby schools including W. R. Dutemple 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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