NOT LISTED FOR SALE

81 Wheeler Ave Unit 2 Cranston, RI 02905

Edgewood Neighborhood

Estimated Value: $322,052

2 Beds
2 Baths
1,200 Sq Ft
$164/mo HOA Fee

Last Sold July 14, 2023

Last sale price $285,000 $238 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,258/month

55 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Thermal Windows
  • Wood Flooring
  • Walking Distance to Water
  • Window Unit Cooling System

About This Home

As of July 2023

Location! This super charming second floor condo is set on a quiet street in Edgewood. Featuring a sun-filled living area with volume 9+ foot ceilings & hardwoods throughout, a master en-suite w/attached bath, 2nd bed & full bath, granite/stainless kitchen & more! Also offering laundry, extra storage, replaced windows & 2 parking spots. Building is in great condition with young roof & low maintenance vinyl siding. Low condo fee & pets ok. Prime location just steps to Roger Williams Park, schools, waterfront, Pawtuxet Village restaurants, bus, air, rail, highways, Providence & more. Easy living!

Last Listed By

Michael Russo

RI Real Estate Services License #REB.0018125 Listed on: 05/19/2023

RI Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1920

Lot Details

  • 2,483

HOA Fees

  • $164 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 3415
  • Assessor Parcel Number 81WHEELERAV2CRAN

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, water
  • 3 Units
  • Edgewood Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,012

Year Built

Built in 1920

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Edgewood
  • Above Grade Finished Sq Ft: 1200.0
  • Building Name: Wheeler Avenue Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1920
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1200.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area, Storage
  • Association Fee: 164.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Water

Lot Info

  • Parcel #: 81WHEELERAV2CRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3012.0
  • Tax Lot: 3415
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 12, 2023
Sold by
Lapenta Catherine M
Bought by
Rioux Jeffrey B
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Kristin McGrath
Century 21 Topsail Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Total Days on Market
55
Views
294
Current Estimated Value
$322,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,052
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Jan 30, 2018
Closed on
May 24, 2018
Sold by
Solow Jody F
Bought by
Lapenta Catherine M
Seller's Agent
Sandra Conway Catanzaro
HomeSmart Professionals
Buyer's Agent
Michael Russo
RI Real Estate Services
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%

Purchase Details

Listed on
Oct 28, 2016
Closed on
Apr 13, 2017
Sold by
Fhlmc
Bought by
Fran-Solow Jody
Seller's Agent
John Gower
Gower And Co.
Buyer's Agent
James Robbin
Weichert REALTORS-Atlantic Prp
List Price
$154,900
Sold Price
$100,000
Premium/Discount to List
-$54,900
-35.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.72%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Peters Emily J
Bought by
Fhlmc

Purchase Details

Closed on
Apr 5, 2007
Sold by
Ave Wheeler
Bought by
Peters Emily Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Rioux Jeffrey B $285,000 None Available
Lapenta Catherine M $160,000 --
Fran-Solow Jody $100,000 --
Fhlmc -- --
Peters Emily Jo $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Emily Jo $145,990
Previous Owner Peters Emily Jo $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $285,000 -4.7% $238 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $299,000 +86.9% $249 / Sq Ft
05/24/2018 05/24/18 Sold $160,000 -11.1% $133 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $179,900 +79.9% $150 / Sq Ft
04/13/2017 04/13/17 Sold $100,000 -35.4% $83 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $154,900 -- $129 / 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 $3,597 $264,300 $0 $264,300
2023 $3,075 $162,700 $0 $162,700
2022 $3,012 $162,700 $0 $162,700
2021 $2,929 $162,700 $0 $162,700
2020 $3,093 $148,900 $0 $148,900
2019 $3,093 $148,900 $0 $148,900
2018 $3,021 $148,900 $0 $148,900
2017 $3,416 $148,900 $0 $148,900
2016 $3,343 $148,900 $0 $148,900
2015 $3,343 $148,900 $0 $148,900
2014 $3,447 $150,900 $0 $150,900
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1335926

State-Wide MLS

APN: CRAN-000002-000003-003415-000002