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58 Ferncrest Avenue

58 Ferncrest Avenue, Providence, RI 02905
Property in Cranston
Sold Sep 30, 2022
$365,000
$265,000 by Fairway Independent Mortgage C
Mortgage
Sold Sep 08, 2017
$217,500
$174,000 by Coastway Commercial Bank
Mortgage Due Sep 08, 2047
58 Ferncrest Avenue in Providence, RI was first built in 1915 and is 109 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 58 Ferncrest Avenue has 1,168 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 4,182 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 wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 58 Ferncrest Avenue was last sold in Sep 30, 2022 for $365,000. According to our calculations, that's $312.50 per sqft. Prior to that sales transaction, the property was sold for $217,500 in Jan 1, 1970. Current property owners are expected to pay $3,789 in taxes per year. The property on 58 Ferncrest Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $200,500. To break that down further, the land itself was valued at $68,700. While improvements to the property were assessed at a total of $131,800. 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. 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.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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Wood 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: 4,182
  • Total Building Area: 1,168
  • Gross Building Area: 2,712
  • Building Area: 1,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,168
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATENAUDE KATHERINE M
  • Previous Owner : MONIZ KATIE E
  • Owner Before Previous Owner: MICHAEL P DENSMORE RET
  • Owner Before Previous Owner 2: DENSMORE MICHAEL P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CRANSTON PS
  • Census Tract: 013400

Geography

  • Account Number: 17188025
  • Parcel: CRAN M:2-5 L:3188 U:
  • Lot: 3188
  • Municipality: CRANSTON
  • Latitude: 41.7746
  • Longitude: -71.4006

    Address

  • Full Address: 58 Ferncrest Ave
  • Address - House Number: 58
  • Address - Street Name: Ferncrest
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cranston
  • Carrier Code: C005
  • 4-Digit Zip Code: 3511
  • Zip Code: 02905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,789

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 344,465
  • High Value: 412,108
  • Low Value: 276,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 30, 2022
  • First Open Lien Mortgage Loan Amount: $265,000
  • 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: $200,500
  • Assessed Land Value: $68,700
  • Assessed Improvements Value: $131,800

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Transaction ID: 11896681477
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 120340
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Amount: $217,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 30, 2022
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: COASTWAY COMMERCIAL BANK
  • Previous Mortgage Transaction Date: Sep 08, 2017
  • Previous Mortgage Loan Amount: $174,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 08, 2047

About Cranston



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Frequently Asked Questions

What neighborhood is 58 Ferncrest Avenue located in?
The 58 Ferncrest Avenue is a located in the neighborhood of Cranston in Cranston, Providence.
What is the average sales price for listings in 58 Ferncrest Avenue?
The average sales price for units in 58 Ferncrest Avenue is $0 currently.

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