$725,000
SOLD DEC 8, 2023
6 Beds
3 Baths
3,856 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

4% Above List Price

16 Days on Market

Highlights

  • Marina
  • Attic
  • Tennis Courts
  • Wood Flooring
  • 2 Fireplaces
  • Walking Distance to Water

About This Home

As of December 2023

Don't miss out on this very special newly renovated c1895 Queen Anne Victorian three-family nestled on one of the most desirable streets in the heart of Edgewood in Cranston RI! 77-79 Albert Ave is a beautiful multi-family with very spacious living and dining rooms, high ceilings on the 1st and 2nd floor units and surprisingly spacious 3rd floor unit. Generous light-filled rooms throughout all units with replacement windows and handsome brick fireplaces in 1st & 2nd floor units. NEWLY renovated 1st floor kitchen with new butcher block counters, white shaker cabinetry, and stainless appliances. Updated bathrooms with new vanities. NEW roof, NEW sewage line, NEW asphalt driveway and NEW heating system (tenants pay for oil heat + electricity, gas hot water paid by owner, gas in building to convert). Large 2-car garage with NEW garage doors and openers. Gorgeous stone outdoor patio and built-in BBQ overlooks backyard with plenty of off-street parking. Beautiful hardwood flooring and many original architectural details intact. Located off Narragansett Blvd and just blocks to Edgewood Yacht Club, RI Yacht Club, Historic Pawtuxet Village shops and excellent dining scene, Roger Williams Park & Zoo, downtown Providence, J&W Univ, Rhode Island hospital complex, RISD and Brown Univ. Ideal for investors or owner-occupied. Month-to-Month leases all three units.

Last Agent to Sell the Property

Steven Miller

Coldwell Banker Realty Listed on: 10/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Doug Jeffrey

Broadway Real Estate Group License #REC.0016109

Broadway Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,079

Year Built

  • Built in 1920

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 3,856 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Storage Room
  • Laundry in unit
  • Utility Room
  • Permanent Attic Stairs

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 9,583 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 1699
  • Assessor Parcel Number 7779ALBERTAVCRAN

Community Details

Overview

  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,079

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 3856.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Vinyl Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 7779ALBERTAVCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 9079.16
  • Tax Lot: 1699
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 8, 2023
Sold by
Hughes-Pucci Katherine T and Pucci Joseph V
Bought by
Defruscio Nicolas G
Seller's Agent
Steven Miller
Coldwell Banker Realty
Buyer's Agent
Doug Jeffrey
Broadway Real Estate Group
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Views
35
Current Estimated Value
$835,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,197
Avg. Annual Appreciation
6.62%
Original Mortgage
$580,000
Outstanding Balance
$572,726
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,914

Purchase Details

Closed on
Aug 22, 2020
Sold by
Hughes Katherine T and Pucci Joseph V
Bought by
Hughes-Pucci Katherine T and Pucci Joseph V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2014
Closed on
Feb 26, 2015
Sold by
Fox Catherine E
Bought by
Hughes Katherine T and Pucci Joseph V
Seller's Agent
Steven Miller
Coldwell Banker Realty
Buyer's Agent
Edward Bishop
E. F. Bishop Realty, Inc.
List Price
$395,000
Sold Price
$381,000
Premium/Discount to List
-$14,000
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$285,750
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $725,000 None Available
Warranty Deed -- None Available
Warranty Deed $381,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 Purchase Money Mortgage
Previous Owner $302,400 New Conventional
Previous Owner $285,750 New Conventional
Previous Owner $160,000 No Value Available
Previous Owner $48,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $725,000 +3.7% $188 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $699,000 +83.5% $181 / Sq Ft
02/25/2015 02/25/15 Sold $381,000 -3.5% $107 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $395,000 -- $111 / 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 $9,922 $729,000 $220,700 $508,300
2023 $9,270 $490,500 $159,500 $331,000
2022 $9,079 $490,500 $159,500 $331,000
2021 $8,829 $490,500 $159,500 $331,000
2020 $8,761 $421,800 $148,600 $273,200
2019 $8,761 $421,800 $148,600 $273,200
2018 $8,558 $421,800 $148,600 $273,200
2017 $8,079 $352,200 $137,800 $214,400
2016 $7,907 $352,200 $137,800 $214,400
2015 $7,907 $352,200 $137,800 $214,400
2014 $7,167 $313,800 $130,500 $183,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1346053

State-Wide MLS

APN: CRAN-000002-000003-001699