74 Princess Ave Unit 76 Cranston, RI 02920
Arlington Neighborhood
6
Beds
2
Baths
1,772
Sq Ft
3,200
Sq Ft Lot
Highlights
- Wood Flooring
- Zoned Heating
- Heating System Uses Steam
- 2 Car Detached Garage
About This Home
As of July 2024Welcome to 74 Princess Ave, Cranston, RI!
This charming 2-family home offers the perfect opportunity for both investors and owner-occupants alike. Conveniently located in a desirable neighborhood, this property boasts two spacious units, each featuring 3 bedrooms and 1 bathroom, providing ample space for comfortable living.
The first floor unit is equipped with a brand-new split system, providing efficient heating and cooling year-round, ensuring optimal comfort for residents. Additionally, the property includes a two-car garage, offering convenient parking and storage space.
Situated in a community lending zone, this home opens doors to a variety of beneficial programs for potential buyers. Take advantage of lower interest rates, with rates potentially up to 1% lower, making homeownership more attainable and affordable.
Don't miss out on this incredible opportunity to own a versatile property in a prime location with access to valuable community lending programs. Schedule your showing today and make 74 Princess Ave your next investment or forever home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,140
Year Built
- Built in 1920
Lot Details
- 3,200 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
- Plaster
Interior Spaces
- 1,772 Sq Ft Home
- 2-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 698
- Assessor Parcel Number 74PRINCESSAVCRAN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2024
Closed on
Jul 18, 2024
Sold by
Rodriguez Fausto
Bought by
Garcia Ignacio A and Garcia Miuris A
Seller's Agent
Jarrod Lewis
J. Christopher Real Estate Grp
Buyer's Agent
Benjamin Tucker
Real Broker, LLC
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Total Days on Market
45
Views
113
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
$8,244
Avg. Annual Appreciation
1.84%
Original Mortgage
$503,052
Outstanding Balance
$499,163
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$24,081
Purchase Details
Closed on
Jan 31, 2022
Sold by
Fort Realty Solution Llc
Bought by
Fort Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Aug 23, 2021
Closed on
Oct 1, 2021
Sold by
Walmsley Susan A
Bought by
Fort Realty Solution Llc
Seller's Agent
Lavonne Lopes
Keller Williams Coastal
Buyer's Agent
Lavonne Lopes
Keller Williams Coastal
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.42%
Purchase Details
Closed on
Jul 25, 2018
Sold by
Walmsley Susan A
Bought by
Nirvana Realty Rigp
Purchase Details
Closed on
May 30, 1997
Sold by
Pedro Alfred H and Petrillo James J
Bought by
Walmsley Susan A
Similar Homes in Cranston, RI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | None Available | |
| Warranty Deed | $515,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $215,000 | None Available | |
| Warranty Deed | $215,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $3,923 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $3,923 | -- | |
| Warranty Deed | $84,000 | -- | |
| Warranty Deed | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $503,052 | FHA | |
| Closed | $15,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $503,052 | FHA | |
| Previous Owner | $427,079 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $288,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $174,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $515,000 | +4.0% | $291 / Sq Ft |
| 05/24/2024 05/24/24 | Pending | -- | -- | -- |
| 04/09/2024 04/09/24 | For Sale | $495,000 | +20.7% | $279 / Sq Ft |
| 04/03/2023 04/03/23 | Sold | $410,000 | 0.0% | $231 / Sq Ft |
| 04/03/2023 04/03/23 | For Sale | $410,000 | +90.7% | $231 / Sq Ft |
| 10/01/2021 10/01/21 | Sold | $215,000 | -4.4% | $121 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $225,000 | -- | $127 / 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 |
|---|---|---|---|---|
| 2024 | $4,576 | $336,200 | $82,900 | $253,300 |
| 2023 | $4,141 | $219,100 | $57,200 | $161,900 |
| 2022 | $4,056 | $219,100 | $57,200 | $161,900 |
| 2021 | $3,944 | $219,100 | $57,200 | $161,900 |
| 2020 | $3,606 | $173,600 | $44,500 | $129,100 |
| 2019 | $3,606 | $173,600 | $44,500 | $129,100 |
| 2018 | $3,522 | $173,600 | $44,500 | $129,100 |
| 2017 | $3,260 | $142,100 | $34,900 | $107,200 |
| 2016 | $3,190 | $142,100 | $34,900 | $107,200 |
| 2015 | $3,190 | $142,100 | $34,900 | $107,200 |
| 2014 | $2,894 | $126,700 | $34,900 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jarrod Lewis
Seller's Agent in 2024
Jarrod Lewis
J. Christopher Real Estate Grp
(401) 640-7771
4 in this area
383 Total Sales
-
Benjamin Tucker
Buyer's Agent in 2024
Benjamin Tucker
Real Broker, LLC
(401) 578-8901
2 in this area
76 Total Sales
-
Brian Praileau
Seller's Agent in 2023
Brian Praileau
Real Broker, LLC
(401) 255-3877
2 in this area
21 Total Sales
-
Sherri Maestas
S
Buyer's Agent in 2023
Sherri Maestas
Century 21 Limitless PRG
(401) 787-2929
1 in this area
52 Total Sales
-
Lavonne Lopes
Seller's Agent in 2021
Lavonne Lopes
Keller Williams Coastal
(401) 954-3544
2 in this area
110 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1356146
APN: CRAN-000008-000002-000698
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