NOT LISTED FOR SALE

74 Princess Ave Unit 76 Cranston, RI 02920

Village Neighborhood

Estimated Value: $405,110 - $535,000

6 Beds
2 Baths
1,772 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $515,000 $291 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,856/month

45 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of July 2024

Welcome 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!

Last Agent to Sell the Property

Jarrod Lewis

J. Christopher Real Estate Grp Listed on: 04/09/2024

Last Buyer's Agent

Benjamin Tucker

Real Broker, LLC License #RES.0043100

Real Broker, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,140

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Inclusions: Plat Sec Lot - 8/2 / 699 Does not convey with the sale of the property
  • Above Grade Finished Sq Ft: 1772.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Gas, Steam, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 74PRINCESSAVCRAN
  • Zoning: B2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4140.0
  • Tax Lot: 698
  • Tax Year: 2023

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%
Views
113
Current Estimated Value
$468,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,722
Avg. Annual Appreciation
-6.66%
Original Mortgage
$503,052
Outstanding Balance
$495,109
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$26,831

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
3.22%
Mortgage Type
New Conventional

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
20.47%

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Ignacio A $515,000 None Available
Garcia Ignacio A $515,000 None Available
Fort Properties Llc -- None Available
Fort Properties Llc -- None Available
Fort Realty Solution Llc $215,000 None Available
Fort Realty Solution Llc $215,000 None Available
Nirvana Realty Rigp $3,923 --
Nirvana Realty Rigp $3,923 --
Walmsley Susan A $84,000 --
Walmsley Susan A $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ignacio A $503,052
Closed Garcia Ignacio A $503,052
Previous Owner Fort Properties Llc $288,000
Previous Owner Walmsley Susan A $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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
2025 $4,800 $345,800 $82,900 $262,900
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

    1 in this area

    354 Total Sales

    Jarrod Lewis
    Section Image
  • Benjamin Tucker

    Buyer's Agent in 2024

    Benjamin Tucker

    Real Broker, LLC

    (401) 578-8901

    1 in this area

    79 Total Sales

    Benjamin Tucker
    Section Image
  • Brian Praileau

    Seller's Agent in 2023

    Brian Praileau

    Real Broker, LLC

    (401) 255-3877

    1 in this area

    19 Total Sales

    Brian Praileau
    Section Image

  • S

    Buyer's Agent in 2023

    Sherri Maestas

    Century 21 Limitless

    (401) 787-2929

    1 in this area

    63 Total Sales

    Sherri Maestas
    Section Image
  • Lavonne Lopes

    Seller's Agent in 2021

    Lavonne Lopes

    Keller Williams Coastal

    (401) 954-3544

    1 in this area

    111 Total Sales

    Lavonne Lopes
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1356146

State-Wide MLS

APN: CRAN-000008-000002-000698

Rhode Island Providence County Cranston 02920 Village

74 Princess Ave Unit 76, Cranston, RI

Not Listed for Sale

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