J
Seller's Agent in 2020
Justin Russillo
Churchill & Banks Co., LLC
(401) 226-4488
37 Total Sales
7 Franklin Ave Cranston, RI 02920
Arlington NeighborhoodEstimated Value: $467,299 - $542,000
6
Beds
2
Baths
3,663
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- 4-minute walk to Washington Secondary trail
About This Home
As of March 2020Beautifully renovated investment property! Two family featuring a townhouse-style second & third floor unit with a large master bedroom w/walk-in closet, 3 additional bedrooms on the upper level with brand new carpet, plus a bonus family room for extra living space. Both units offer sun-filled living rooms with large windows and hardwood floors, open kitchens with stainless appliances, updated bathrooms with ceramic floors, and modern fixtures & accents throughout including bean-board wainscoting. Two heating systems, worry-free vinyl siding, and a fenced-in property centrally located with easy highway and shopping access & only minutes to downtown Providence. Gladstone Elementary School, Bain Middle School, and Cranston East High School.
Last Agent to Sell the Property
Churchill & Banks Co., LLC License #RES.0042588 Listed on: 12/17/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,058
Year Built
- Built in 1920
Lot Details
- 3,065 Sq Ft Lot
Home Design
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 3,663 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 3678
- Assessor Parcel Number 7FRANKLINAVCRAN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2019
Closed on
Mar 6, 2020
Sold by
Sunchine Development Inc
Bought by
Quintanta and Castro Cecilia
Seller's Agent
Justin Russillo
Churchill & Banks Co., LLC
Buyer's Agent
Jose Diaz
Keller Williams Coastal
List Price
$269,900
Sold Price
$285,000
Premium/Discount to List
$15,100
5.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,075
Avg. Annual Appreciation
10.88%
Original Mortgage
$279,837
Outstanding Balance
$251,828
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$263,247
Purchase Details
Closed on
Dec 10, 2019
Sold by
Sunshine Development Inc
Bought by
Magill Timothy
Purchase Details
Closed on
Sep 20, 2019
Sold by
Sunshine Development Inc
Bought by
Magill Timothy
Purchase Details
Closed on
Apr 27, 1995
Sold by
Dempsey Eva B
Bought by
Sloane Betty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,950
Interest Rate
8.33%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quintanta | $285,000 | None Available | |
| Magill Timothy | $25,000 | None Available | |
| Magill Timothy | $155,000 | -- | |
| Sunshine Development Inc | $108,000 | -- | |
| Sloane Betty | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quintanta | $279,837 | |
| Previous Owner | Sloane Betty | $73,000 | |
| Previous Owner | Sloane Betty | $79,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $285,000 | +5.6% | $78 / Sq Ft |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 12/17/2019 12/17/19 | For Sale | $269,900 | -- | $74 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,827 | $419,800 | $100,900 | $318,900 |
| 2024 | $5,713 | $419,800 | $100,900 | $318,900 |
| 2023 | $5,031 | $266,200 | $44,300 | $221,900 |
| 2022 | $4,927 | $266,200 | $44,300 | $221,900 |
| 2021 | $4,792 | $266,200 | $44,300 | $221,900 |
| 2020 | $3,791 | $182,500 | $34,800 | $147,700 |
| 2019 | $3,791 | $182,500 | $34,800 | $147,700 |
| 2018 | $3,703 | $182,500 | $34,800 | $147,700 |
| 2017 | $3,028 | $132,000 | $15,800 | $116,200 |
| 2016 | $2,963 | $132,000 | $15,800 | $116,200 |
| 2015 | $2,963 | $132,000 | $15,800 | $116,200 |
| 2014 | $2,741 | $120,000 | $15,800 | $104,200 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Russillo
-
Jose Diaz
Buyer's Agent in 2020
Jose Diaz
Keller Williams Coastal
(401) 261-8747
143 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1243251
APN: CRAN-000007-000002-003678
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