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355 Farmington Avenue

355 Farmington Avenue, Cranston, RI 02920
Multifamily in Cranston
Sold Dec 18, 2020
$350,000
$10,000 by Rhode Island Housing & Mtg Fin
Mortgage
Sold Oct 21, 2008
$171,500
$154,080 by Homestar Mtg Inc
Mortgage Due Oct 21, 2038
355 Farmington Avenue in Cranston, RI was first built in 1922 and is 102 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 355 Farmington Avenue has 2,340 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,600 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of rock and stone. As for heating, the home is utilizing a steam heating system and being fueled with oil. The property was last sold in Nov 12, 2020 for $350,000. That's $149.57 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $171,500. 355 Farmington Avenue was last assessed in 2023. The total value of the property was assessed at $258,100. Specifically, the land the property is located on was valued at $57,900. While improvements on the property were assessed at a total of $200,200. 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 $4,878. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 2,340
  • Gross Building Area: 3,900
  • Building Area: 2,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,340
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : PRESTEQUI-CASTRO URIBIEL
  • Current Owner 2: RODRIGUEZ-KOMAREK MARLEN
  • Previous Owner : HARRIS DOREEN
  • Owner Before Previous Owner: PATRICIA REALTY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 014100

Geography

  • Account Number: 3328756
  • Parcel: CRAN M:7-1 L:3491 U:
  • Lot: 3491
  • Municipality: CRANSTON
  • Latitude: 41.8045
  • Longitude: -71.4507

    Address

  • Full Address: 355 Farmington Ave
  • Address - House Number: 355
  • Address - Street Name: Farmington
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cranston
  • Carrier Code: C021
  • 4-Digit Zip Code: 7653
  • Zip Code: 02920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,878

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 452,594
  • High Value: 539,371
  • Low Value: 365,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $10,000
  • First Open Lien Mortgage Lender: RHODE ISLAND HOUSING & MTG FIN
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $10,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,100
  • Assessed Land Value: $57,900
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11808145635
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 169530
  • Previous Sale Recording Date: Oct 21, 2008
  • Previous Sale Amount: $171,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RHODE ISLAND HOUSING & MTG FIN
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $10,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTAR MTG INC
  • Previous Mortgage Transaction Date: Oct 21, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $154,080
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 21, 2038

About Cranston



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Frequently Asked Questions

What neighborhood is 355 Farmington Avenue located in?
The 355 Farmington Avenue is a multifamily located in the neighborhood of Cranston in Cranston, Cranston.
What is the average sales price for listings in 355 Farmington Avenue?
The average sales price for units in 355 Farmington Avenue is $0 currently.

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