NOT LISTED FOR SALE

85 Governor St Cranston, RI 02920

Village Neighborhood

Estimated Value: $408,945 - $468,000

4 Beds
2 Baths
1,712 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $175,000 $102 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,639/month

120 Days on Market

Highlights

  • Storage Room
  • Central Air
  • Baseboard Heating
  • Ceramic Tile Flooring

About This Home

As of September 2016

Fully rented 2 family on a corner lot, additional lot included. Close to everything. fenced in yard, plenty of off street parking. Needs some updating.

Last Agent to Sell the Property

Anthony Moretti

Carma Real Estate Community License #RES.0034526 Listed on: 05/02/2016

Last Buyer's Agent

Lori Mulberry

The Network License #RES.0041764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1920

Lot Details

  • 6,400 Sq Ft Lot

Home Design

  • Brick Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater

Community Details

  • 2 Units
  • Arlington/ Sprauge Subdivision

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 622, 623
  • Assessor Parcel Number 85GOVERNORSTCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,051

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1469
  • Subdivision Name: ARLINGTON/ SPRAUGE
  • Above Grade Finished Sq Ft: 1712.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1712.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Brick/Mortar, Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6400.0
  • Parcel #: 85GOVERNORSTCRAN

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3051.0
  • Tax Lot: 622, 623
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Oct 3, 2016
Sold by
Moretti Anthony M and Moretti Michael T
Bought by
Quezada Santiago
Seller's Agent
Anthony Moretti
Carma Real Estate Community
Buyer's Agent
Lori Mulberry
The Network
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$435,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,236
Avg. Annual Appreciation
10.46%
Original Mortgage
$171,830
Outstanding Balance
$137,251
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$297,985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quezada Santiago $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Santiago $171,830
Previous Owner Quezada Santiago $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Off Market $175,000 -- --
09/30/2016 09/30/16 Sold $175,000 -5.4% $102 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $185,000 -- $108 / 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 $4,286 $308,800 $82,900 $225,900
2024 $4,203 $308,800 $82,900 $225,900
2023 $3,999 $211,600 $57,200 $154,400
2022 $3,917 $211,600 $57,200 $154,400
2021 $3,809 $211,600 $57,200 $154,400
2020 $3,467 $166,900 $44,500 $122,400
2019 $3,467 $166,900 $44,500 $122,400
2018 $3,386 $166,900 $44,500 $122,400
2017 $3,118 $135,900 $34,900 $101,000
2016 $3,051 $135,900 $34,900 $101,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Anthony Moretti

    Carma Real Estate Community

  • L

    Buyer's Agent in 2016

    Lori Mulberry

    The Network

    (401) 632-1862

    12 Total Sales

    Lori Mulberry
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Map

Source: State-Wide MLS

MLS Number: 1124615

State-Wide MLS

APN: CRAN M:8-2 L:623 U:

Rhode Island Providence County Cranston 02920 Village

85 Governor St, Cranston, RI

Not Listed for Sale

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