NOT LISTED FOR SALE

88 Sinclair Ave Cranston, RI 02907

Estimated Value: $462,659 - $581,000

5 Beds
2 Baths
4,524 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $387,000 $86 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,203/month

28 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Friendly Neighborhood Tot Park
  • 2 Car Detached Garage

About This Home

As of August 2021

Great 2 Family home in the Friendly neighborhood of Cranston. Home offers 3 levels of living space. Very spacious home with double parlors on 1st and 2nd floor. The second and third floor are connected to make one large townhouse unit. Separate Utilities for each unit. This home is in great standing condition, it's a must see.

Last Agent to Sell the Property

Samuel Alba

Innovations Realty Listed on: 06/25/2021

Last Buyer's Agent

Samuel Alba

Innovations Realty Listed on: 06/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1920

Lot Details

  • 3,900 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 4,524 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1405
  • Assessor Parcel Number 88SINCLAIRAVCRAN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,817

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0895
  • Above Grade Finished Sq Ft: 4524.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • 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: 3900.0
  • Parcel #: 88SINCLAIRAVCRAN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5817.0
  • Tax Lot: 1405
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 17, 2021
Sold by
Ares Pamela
Bought by
Gutierrez Denny M and Lopez-Mejia Edwin
Seller's Agent
Samuel Alba
Innovations Realty
Buyer's Agent
Samuel Alba
Innovations Realty
List Price
$380,000
Sold Price
$387,000
Premium/Discount to List
$7,000
1.84%
Current Estimated Value
$525,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,415
Avg. Annual Appreciation
7.18%

Purchase Details

Listed on
Feb 26, 2019
Closed on
May 16, 2019
Sold by
Castro Jeffrey and Goris Brenda M
Bought by
Ares Pamela
Seller's Agent
Derek Cabrera
Williams & Stuart Real Estate
Buyer's Agent
Danielle Dantas
RI Real Estate Services
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$265,109
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2011
Sold by
Mendez Mecedes
Bought by
Castro Jeffrey and Goris Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Gutierrez Denny M $387,000 None Available
Ares Pamela $270,000 --
Castro Jeffrey $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ares Pamela $265,109
Previous Owner Ares Pamela $12,000
Previous Owner Castro Jeffrey $151,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2021 08/23/21 Sold $387,000 +1.8% $86 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $380,000 +40.7% $84 / Sq Ft
05/16/2019 05/16/19 Sold $270,000 0.0% $60 / Sq Ft View Prior Sale
04/16/2019 04/16/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $269,900 -- $60 / 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 $5,795 $417,500 $103,500 $314,000
2024 $5,682 $417,500 $103,500 $314,000
2023 $5,294 $280,100 $68,100 $212,000
2022 $5,185 $280,100 $68,100 $212,000
2021 $5,042 $280,100 $68,100 $212,000
2020 $4,542 $218,700 $64,900 $153,800
2019 $4,542 $218,700 $64,900 $153,800
2018 $4,437 $218,700 $64,900 $153,800
2017 $4,260 $185,700 $58,400 $127,300
2016 $4,169 $185,700 $58,400 $127,300
2015 $4,169 $185,700 $58,400 $127,300
2014 $3,992 $174,800 $58,400 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1286596

State-Wide MLS

APN: CRAN-000006-000001-001405