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40 Malcolm Street

40 Malcolm Street, Cranston, RI 02910
Property in Cranston
Sold Sep 17, 2021
$327,500
$294,750 by Caliber Home Loans Inc
Mortgage
Sold Sep 14, 2006
$239,000
$239,000 by First Horizon Hm Ln
Mortgage
Local assessors in Cranston, RI have categorized 40 Malcolm Street as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 3,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40 Malcolm Street has a total of 960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40 Malcolm Street was last sold in Sep 10, 2021 for $327,500. According to our calculations, that's $341.15 per sqft. Prior to that sales transaction, the property was sold for $239,000 in Jan 1, 1970. Current property owners are expected to pay $3,954 in taxes per year. The property on 40 Malcolm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $209,200. To break that down further, the land itself was valued at $63,500. While improvements to the property were assessed at a total of $145,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 960
  • Gross Building Area: 1,940
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GUZMAN JOSE R
  • Current Owner 2: MUNEZ EVELYN
  • Previous Owner : MACOMBER JOSHUA
  • Previous Owner 2: MIDDAGH-MACOMBER GOLDA
  • Owner Before Previous Owner: STIMPSON PAUL
  • Owner Before Previous Owner 2: STIMPSON CAROLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 014000

Geography

  • Account Number: 7172022
  • Parcel: CRAN M:7-5 L:1749 U:
  • Lot: 1749
  • Municipality: CRANSTON
  • Latitude: 41.7873
  • Longitude: -71.4443

    Address

  • Full Address: 40 Malcolm St
  • Address - House Number: 40
  • Address - Street Name: Malcolm
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cranston
  • Carrier Code: C014
  • 4-Digit Zip Code: 1524
  • Zip Code: 02910

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,954

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 330,328
  • High Value: 395,811
  • Low Value: 264,844

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $294,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,200
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $145,700

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11856796342
  • Current Sale Price: $327,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 154470
  • Previous Sale Recording Date: Sep 14, 2006
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $294,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HM LN
  • Previous Mortgage Transaction Date: Sep 14, 2006
  • Previous Mortgage Loan Amount: $239,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cranston



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Frequently Asked Questions

What neighborhood is 40 Malcolm Street located in?
The 40 Malcolm Street is a located in the neighborhood of Cranston in Cranston, Cranston.
What is the average sales price for listings in 40 Malcolm Street?
The average sales price for units in 40 Malcolm Street is $0 currently.

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