NOT LISTED FOR SALE

1040 Narragansett Pkwy Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $424,000 - $458,000

2 Beds
1 Bath
1,857 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $275,000 $148 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,833/month

27 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of July 2020

Beautiful sun-lit ranch in desirable Gaspee featuring a 13,000+ sf private manicured lot with fenced back yard, Koi pond and tons of room for entertaining. Home also features central air, hardwoods, gas fireplace, granite countertops, formal dining, eat-in-kitchen with stainless refrigerator and microwave under high ceilings. Full basement with wet bar, cedar closet and knotty pine cabinets. 2 year old roof and heating system gives peace of mind. Other features include enclosed porch, 2 car garage with auto-opener, irrigation system and tons of storage space. Schedule a tour today, this won't last!

Last Agent to Sell the Property

Steven Jacques

Coldwell Banker Realty License #RES.0043661 Listed on: 06/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Melanie Rose Quirk

RE/MAX Results License #REB.0017158

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 0308
  • Assessor Parcel Number 1040NARRAGANSETTPKWYWARW

Community Details

Overview

  • Gaspee Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Subdivision Name: Gaspee
  • Above Grade Finished Sq Ft: 1236.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 621.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Wet Bar, Cedar Closet(s), Tub Shower
  • Living Area: 1857.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 1040NARRAGANSETTPKWYWARW
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4347.0
  • Tax Lot: 0308
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 29, 2020
Sold by
Zavier Ft and Xavier
Bought by
Sawyer Richard B and Riess Caroline B
Seller's Agent
Steven Jacques
Coldwell Banker Realty
Buyer's Agent
Melanie Rose Quirk
RE/MAX Results
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$444,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,805
Avg. Annual Appreciation
9.87%
Original Mortgage
$220,000
Outstanding Balance
$197,671
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$244,332

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 21, 2016
Sold by
Reiff Jon and Reiff Justine
Bought by
Xavier Robert F and Xavier Nancy J
Seller's Agent
Derek Brazeau
Greystone Realty
Buyer's Agent
Derek Brazeau
Greystone Realty
List Price
$209,900
Sold Price
$194,500
Premium/Discount to List
-$15,400
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
May 18, 2013
Closed on
Aug 20, 2013
Sold by
Joan E Conway Rt and Conway
Bought by
Reiff John and Reiff Justine
Seller's Agent
Cheryl Lee Brill
RI Real Estate Services
Buyer's Agent
John Risica
William Raveis Inspire
List Price
$192,500
Sold Price
$191,000
Premium/Discount to List
-$1,500
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$187,540
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sawyer Richard B $275,000 None Available
Xavier Robert F $194,500 --
Reiff John $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawyer Richard B $220,000
Previous Owner Reiff John $187,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $275,000 +1.9% $148 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $269,900 +38.8% $145 / Sq Ft
03/18/2016 03/18/16 Sold $194,500 -7.3% $79 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $209,900 +9.9% $85 / Sq Ft
08/20/2013 08/20/13 Sold $191,000 -0.8% $95 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $192,500 -- $96 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,766 $329,400 $105,700 $223,700
2023 $4,674 $329,400 $105,700 $223,700
2022 $4,347 $232,100 $69,000 $163,100
2021 $4,347 $232,100 $69,000 $163,100
2020 $4,347 $232,100 $69,000 $163,100
2019 $4,347 $232,100 $69,000 $163,100
2018 $3,804 $184,700 $69,000 $115,700
2017 $3,738 $184,700 $69,000 $115,700
2016 $3,738 $184,700 $69,000 $115,700
2015 $3,598 $173,400 $66,300 $107,100
2014 $3,478 $173,400 $66,300 $107,100
2013 $3,432 $173,400 $66,300 $107,100
Source: Public Records

Agents Affiliated with this Home

  • Steven Jacques

    Seller's Agent in 2020

    Steven Jacques

    Coldwell Banker Realty

    (401) 996-1258

    1 in this area

    65 Total Sales

    Section Image
  • Melanie Rose Quirk

    Buyer's Agent in 2020

    Melanie Rose Quirk

    RE/MAX Results

    (401) 474-3169

    8 in this area

    129 Total Sales

    Section Image

  • D

    Seller's Agent in 2016

    Derek Brazeau

    Greystone Realty

  • C

    Seller's Agent in 2013

    Cheryl Lee Brill

    RI Real Estate Services

  • J

    Buyer's Agent in 2013

    John Risica

    William Raveis Inspire

    (401) 439-3634

    9 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1255142

State-Wide MLS

APN: WARW-000302-000308-000000

Rhode Island Kent County Warwick 02888 Palace Garden

1040 Narragansett Pkwy, Warwick, RI

This home is located at 1040 Narragansett Pkwy, Warwick, RI 02888 since 01 June 2020 and is currently estimated at $445,677, approximately $239 per square foot. This property was built in 1950. 1040 Narragansett Pkwy is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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