$550,000
SOLD JUL 12, 2024
6 Beds
3 Baths
2,834 Sq Ft
5,838 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

5% Above List Price

26 Days on Market

Highlights

  • Golf Course Community
  • Bathtub with Shower
  • Forced Air Heating System
  • Wood Flooring
  • Shops
  • 2-minute walk to West Warwick River Walk

About This Home

As of July 2024

Welcome to this charming and well-maintained three-family home, perfect for investors and homeowners looking for an income-generating property. Each unit in this home has been thoughtfully updated with modern finishes and amenities, including updated kitchens. The kitchens have sleek countertops, ample cabinet space, and are fully applianced, making meal preparation a breeze. With three separate units, this property provides an excellent opportunity for rental income or multi-generational living. The layout of each unit offers comfortable and spacious living areas, providing privacy and functionality for all residents. This home is located in a desirable neighborhood and provides easy access to local amenities, schools, and transportation options. Whether you're looking to invest or live in one unit while renting out the others, this three-family home is a fantastic opportunity you don't want to miss.

Last Agent to Sell the Property

The Peter Izzi Team

HomeSmart Professionals Brokerage Phone: 401-921-5011 Listed on: 05/29/2024

HomeSmart Professionals

Last Buyer's Agent

Norcliffe Davidson

HomeSmart Professionals License #RES.0033529

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,667

Year Built

  • Built in 1880

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,834 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Outbuilding
  • 5,838 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0102
  • Assessor Parcel Number 107109EARLSTWWAR

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Shops
  • Restaurant

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,667

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.134
  • Above Grade Finished Sq Ft: 2834.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Heat Pump, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5838.0
  • Parcel #: 107109EARLSTWWAR
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7667.0
  • Tax Lot: 0102
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 12, 2024
Sold by
Blair Kellie and Blair Roy
Bought by
Antonie Rodline
Seller's Agent
The Peter Izzi Team
HomeSmart Professionals
Buyer's Agent
Norcliffe Davidson
HomeSmart Professionals
List Price
$524,900
Sold Price
$550,000
Premium/Discount to List
$25,100
4.78%
Views
12
Current Estimated Value
$555,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,916
Avg. Annual Appreciation
1.13%
Original Mortgage
$412,500
Outstanding Balance
$409,403
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,513

Purchase Details

Closed on
Aug 28, 2013
Sold by
Baird Properties Llc
Bought by
Blair Kellie and Blair Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2012
Sold by
Due North Investments
Bought by
Baird Props Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 None Available
Warranty Deed $550,000 None Available
Warranty Deed $540,000 --
Foreclosure Deed $199,000 --
Warranty Deed $540,000 --
Foreclosure Deed $199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 Purchase Money Mortgage
Closed $412,500 Purchase Money Mortgage
Previous Owner $171,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $525,000 Commercial
Previous Owner $600,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $550,000 +4.8% $194 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $524,900 -- $185 / 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 $10,681 $382,000 $79,400 $302,600
2023 $7,667 $382,000 $79,400 $302,600
2022 $7,545 $382,000 $79,400 $302,600
2021 $7,410 $247,900 $58,700 $189,200
2020 $7,410 $247,900 $58,700 $189,200
2019 $7,268 $247,900 $58,700 $189,200
2018 $6,666 $175,000 $48,200 $126,800
2017 $6,641 $175,000 $48,200 $126,800
2016 $6,813 $182,800 $48,200 $134,600
2015 $5,266 $141,300 $48,200 $93,100
2014 $3,588 $141,300 $48,200 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359612

State-Wide MLS

APN: WWAR-000016-000102-000000