NOT LISTED FOR SALE

Estimated Value: $455,023 - $582,000

4 Beds
2 Baths
1,798 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $260,000 $145 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,461/month

57 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 3 Car Detached Garage
  • Golf Course Community
  • Tennis Courts
  • Public Transportation

About This Home

As of June 2018

Long time owner occupied 2 family. Convenient location in Eastern Cranston, Clean & bright 2 BR apartments w/ some updates, hardwood flooring, some original details remain. HUGE yard w/ 3 car block garage. To be sold in as-is condition.

Last Agent to Sell the Property

Melissa Perdikakis

Weichert REALTORS-Atlantic Prp License #RES.0041919 Listed on: 03/05/2018

Weichert REALTORS-Atlantic Prp

Last Buyer's Agent

Joseph Pytka

RE/MAX 1st Choice License #RES.0027545

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1920

Lot Details

  • 7,828

Parking

  • 3 Car Detached Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 7,828 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 537
  • Assessor Parcel Number 63HIGHSCHOOLAVCRAN

Community Details

Overview

  • 4 Units
  • Cranston East Hs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Subdivision Name: Cranston East HS
  • Above Grade Finished Sq Ft: 1798.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 11.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • 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)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7828.0
  • Parcel #: 63HIGHSCHOOLAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3672.0
  • Tax Lot: 537
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 31, 2018
Sold by
Perdikakis George and Perdikakis Constantine
Bought by
Palumbo David
Seller's Agent
Melissa Perdikakis
Weichert REALTORS-Atlantic Prp
Buyer's Agent
Joseph Pytka
RE/MAX 1st Choice
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Total Days on Market
57
Current Estimated Value
$530,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,506
Avg. Annual Appreciation
10.55%
Original Mortgage
$255,290
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

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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
Palumbo David $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo David $35,000
Open Palumbo David $248,000
Closed Palumbo David $250,900
Closed Palumbo David $255,290
Closed Palumbo David $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $260,000 -3.7% $145 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $269,900 -- $150 / 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 $5,796 $425,900 $102,200 $323,700
2023 $5,271 $278,900 $70,500 $208,400
2022 $5,162 $278,900 $70,500 $208,400
2021 $5,020 $278,900 $70,500 $208,400
2020 $4,594 $221,200 $67,000 $154,200
2019 $4,594 $221,200 $67,000 $154,200
2018 $4,460 $219,800 $67,000 $152,800
2017 $3,673 $160,100 $49,400 $110,700
2016 $3,594 $160,100 $49,400 $110,700
2015 $3,594 $160,100 $49,400 $110,700
2014 $3,463 $151,600 $49,400 $102,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1184251

State-Wide MLS

APN: CRAN-000006-000002-000537