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2 Canal Street

2 Canal Street, Cumberland, RI 02864
Property in Cumberland
Sold Oct 07, 2016
$319,900
$269,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2051
2 Canal Street has been categorized by the local assessors in Cumberland, RI as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2 Canal Street has 1,650 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,809 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 1, 1970 for $319,900. That's $193.88 per sqft. 2 Canal Street was last assessed in 2023. The total value of the property was assessed at $412,300. While improvements on the property were assessed at a total of $412,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,791. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 825
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,809
  • Total Building Area: 1,650
  • Gross Building Area: 2,475
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,650
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.317
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : BURNHAM SALLY E
  • Previous Owner : RIVER RUND DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011301

Geography

  • Account Number: 9194-61
  • Parcel: CUMB M:015 B:0152 L:002
  • Block: 152
  • Lot: 2
  • Municipality: CUMBERLAND
  • Latitude: 41.9247
  • Longitude: -71.4184

    Address

  • Full Address: 2 Canal St
  • Address - House Number: 2
  • Address - Street Name: Canal
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C097
  • 4-Digit Zip Code: 5433
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,791

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 466,782
  • High Value: 545,216
  • Low Value: 388,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $269,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,300
  • Assessed Improvements Value: $412,300

    Sales

  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Transaction ID: 1829911725
  • Current Sale Price: $319,900
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MTG LLC
  • First Mortgage Transaction Date: Oct 07, 2016
  • First Mortgage Loan Amount: $287,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 07, 2046

About Providence



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Frequently Asked Questions

What neighborhood is 2 Canal Street located in?
The 2 Canal Street is a located in the neighborhood of Cumberland in Providence, Cumberland.
What is the average sales price for listings in 2 Canal Street?
The average sales price for units in 2 Canal Street is $0 currently.

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