NOT LISTED FOR SALE

96 Magnolia St Cranston, RI 02910

Auburn Neighborhood

Estimated Value: $434,661 - $571,000

4 Beds
2 Baths
2,745 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $434,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,127/month

28 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of June 2022

A fantastic opportunity to own an attractive 2 unit with a 2 car garage on a corner lot. This property features 2 newer gas heating systems, 2 newer hot water tanks, maintenance free vinyl siding, 12 year old architectural roof, replacement windows, hardwoods, central air in the second floor unit, and plenty of storage in the basement. Each floor offers 2 beds, 1 full bath with shower and tub, living room, and eat in kitchen. Two coin operated washers & dryers in the basement for tenant laundry use. Conveniently located off of Park Ave. and minutes to Reservoir Ave., Garden City Shopping Center, and major highways. A sweet property and a must see!

Last Agent to Sell the Property

Susana Glass

RI Real Estate Services License #RES.0033957 Listed on: 04/25/2022

RI Real Estate Services

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,745 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 46
  • Assessor Parcel Number 9698MAGNOLIASTCRAN

Community Details

Overview

  • 2 Units
  • Arlington Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $7,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,428

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Arlington
  • Above Grade Finished Sq Ft: 2745.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

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
  • Cooling: Central Air, Partial
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, 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: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 9698MAGNOLIASTCRAN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7572.39

Tax Info

  • Tax Annual Amount: 4428.0
  • Tax Lot: 46
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 16, 2022
Sold by
Spaziano Michael C and Spaziano Jennifer L
Bought by
Collet Jacqueline A
Seller's Agent
Susana Glass
RI Real Estate Services
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$379,900
Sold Price
$434,000
Premium/Discount to List
$54,100
14.24%
Current Estimated Value
$516,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,665
Avg. Annual Appreciation
5.12%
Original Mortgage
$368,900
Outstanding Balance
$350,007
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,658
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
Collet Jacqueline A $434,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collet Jacqueline A $368,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $434,000 +14.2% $158 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $379,900 -- $138 / 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 $5,008 $360,800 $96,200 $264,600
2024 $4,910 $360,800 $96,200 $264,600
2023 $4,649 $246,000 $66,300 $179,700
2022 $4,553 $246,000 $66,300 $179,700
2021 $4,428 $246,000 $66,300 $179,700
2020 $4,287 $206,400 $63,000 $143,400
2019 $4,287 $206,400 $63,000 $143,400
2018 $6,139 $206,400 $63,000 $143,400
2017 $3,801 $165,700 $46,400 $119,300
2016 $3,720 $165,700 $46,400 $119,300
2015 $3,720 $165,700 $46,400 $119,300
2014 $3,554 $155,600 $46,400 $109,200
Source: Public Records

Agents Affiliated with this Home

  • Susana Glass

    Seller's Agent in 2022

    Susana Glass

    RI Real Estate Services

    (401) 451-0994

    1 in this area

    33 Total Sales

    Susana Glass
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Mls Member

    Non-Mls Member

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Map

Source: State-Wide MLS

MLS Number: 1308047

State-Wide MLS

APN: CRAN-000006-000001-000046

Rhode Island Providence County Cranston 02910 Auburn

96 Magnolia St, Cranston, RI

Not Listed for Sale

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