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563 Laurel Hill Ave, Cranston, RI, 02920

$499,000

Home List Price

$5,926*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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563 Laurel Hill Ave, Cranston$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1962
HeatingBaseboard, Natural Gas, Hot Water
CoolingNone
BasementYes
FireplaceNone
MLS #1372829
Lot Size0.14 Acres
StatusActive

About 563 Laurel Hill Ave

Charming 2-Family Duplex in Cranston ? Perfect Investment Opportunity! Discover this 2-family duplex located in of Cranston, just moments away from a new school opening soon! Each unit features 2 spacious bedrooms rooms and 1 bath, offering 880 sq ft of comfortable living space, making it ideal for families or as a rental investment. Key Features: Spacious Layout: Each unit boasts a functional floor plan with ample room for living, dining, and entertaining. New School Nearby: Enjoy the convenience of a new school opening soon within walking distance of the home. Investment Potential: This duplex is an excellent opportunity for investors looking to capitalize on the growing demand for rental properties in the area. Great Location: Situated in a friendly neighborhood with easy access to local amenities, parks, and public transportation. Don?t miss out on this fantastic opportunity to own a duplex in a thriving community. Schedule your showing today and envision the possibilities this property has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1962

Listing Office:

  • Office Name: SLOCUM
  • Office Phone: (401) 738-4821

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior: Tub Shower, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

Tax Information:

  • Annual Amount: $4,448
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cranston, RI.

Med. Sold Price

$440K

Med. Price/SqFt

$258

Avg. Days On Market

27

# of Sold Homes

54

563 Laurel Hill Ave vs Cranston

34 DAYS ON ROCKET

+7 Days

$499,000

+$59K More

KEY TAKEAWAY

This property is $59K more than the Median Sold Price in Cranston, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372829

Listing Office:

  • Office Name: SLOCUM
  • Office Phone: (401) 738-4821

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2015Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,448$247,100
2020$4,073$196,100
2017$3,551$154,800

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4424269
2
/10
  • Gladstone at Barrows Elementary School

  • 50 Gladstone St

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-4424270
3
/10
  • Arlington Elementary School

  • 155 Princess Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-4424271
6
/10
  • Achievement First Iluminar

  • 85 Garfield Ave

  • 0.50 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,944. Residents of Cranston, RI typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cranston, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Cranston, RI.

Cranston's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of historic charm with contemporary design, where colonial and Victorian homes stand alongside more recent constructions. The area has a strong sense of residential stability, with a homeownership rate that reflects a community invested in long-term living and comfort.

What is it like to live in Cranston, RI?

Cranston is celebrated for its vibrant community spirit and the quality of life it offers to residents. The city prides itself on a blend of urban and suburban elements, providing a peaceful residential atmosphere along with the conveniences of city living. Local events and festivals throughout the year contribute to the strong sense of community and cultural richness that defines Cranston.

Is it easy to get around Cranston, RI without a car?

The community is served by a robust selection of services, including public and private educational institutions that cater to a range of academic preferences. Healthcare facilities in Cranston are equipped to provide comprehensive care, with several clinics and a hospital that offer various specialized services. The public library system supports the community's educational and cultural needs, and the city's retail and dining establishments reflect the local culture and cuisine, offering residents and visitors a taste of Cranston's diversity.

Transportation in Cranston, RI.

Transportation in Cranston is well-facilitated by a network of roads and highways that connect residents to Providence and other neighboring areas. Public transit options are available, providing connections across the city and to other key destinations. The community's walkability varies by area, with some neighborhoods offering more pedestrian-friendly environments than others. Recent efforts to enhance transport efficiency and accessibility are evident in the ongoing improvements to the local infrastructure.

Rocket Homes›Rhode Island›Providence County›Cranston›02920›563 Laurel Hill Ave

This home is located at 563 Laurel Hill Ave in Cranston, RI and zip code 02920. This home, which was built in 1962, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $499,000.

In November 2024 more than 29 listings in Cranston, RI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 20 were sold below. In November 2024 in Cranston, RI there were 6.8% less homes for sale than in October 2024. In November 2024 median list price was $440,000 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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