NOT LISTED FOR SALE

Estimated Value: $374,974 - $510,000

4 Beds
2 Baths
2,136 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $205,000 $96 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,591/month

158 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Bathtub with Shower
  • Recreation Facilities
  • Thermal Windows
  • Storage Room

About This Home

As of October 2018

DESIRABLE BEACH HOUSE LOCATION! Walk to Oakland Beach from this charming 2-unit with connected sewers and natural gas. Enjoy the luxury of living in a beach community in this completely turnkey home-totally renovated in recent years and would be a great owner-occupied or investment property. Although flood insurance is required, the benefits are just a stones throw away to the bay-inlet, salt-water beach, which provides a great value. Walk to Oakland Beach Park, which is a waterfront park that has a beach tended by a lifeguard during the summer, and is located on Oakland Beach Avenue with many great restaurants and community events.

Last Agent to Sell the Property

Deborah Giannini

HomeSmart Professionals License #RES.0035732 Listed on: 03/26/2018

HomeSmart Professionals

Last Buyer's Agent

Michael Taylor

RI Real Estate Services License #REB.0019193

RI Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1930

Lot Details

  • 3,920

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 393
  • Assessor Parcel Number 11OVERTONSTWARW

Community Details

Overview

  • 4 Units
  • Oakland Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Building Details

  • Operating Expense $17,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,924

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Oakland Beach
  • Above Grade Finished Sq Ft: 2136.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 11OVERTONSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 17520.0

Tax Info

  • Tax Annual Amount: 2924.0
  • Tax Lot: 393
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Oct 1, 2018
Sold by
Mcdonald Darren J and Mcdonald Jamia R
Bought by
Grundy Albert A
Seller's Agent
Deborah Giannini
HomeSmart Professionals
Buyer's Agent
Michael Taylor
RI Real Estate Services
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$422,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,494
Avg. Annual Appreciation
10.85%
Original Mortgage
$201,286
Outstanding Balance
$175,533
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$246,961

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 17, 2017
Sold by
Lucian Joseph S
Bought by
Mcdonald Darren J and Mcdonald Jamia R
Seller's Agent
Lisa Avedisian
Compass
Buyer's Agent
Deborah Giannini
List Price
$178,000
Sold Price
$178,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$133,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Cordeira Raymond A
Bought by
Lucian Joseph S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Sold by
Goodell Robert D
Bought by
Cordeira Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,963
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1988
Sold by
Cristofaro E Est
Bought by
Cerio Kelly
Source: Public Records

Range of Values:

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Average Value
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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
Grundy Albert A $205,000 --
Mcdonald Darren J -- --
Lucian Joseph S $191,000 --
Cordeira Raymond A $72,000 --
Cerio Kelly $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundy Albert A $201,286
Previous Owner Mcdonald Darren J $133,500
Previous Owner Cerio Kelly $152,800
Previous Owner Cerio Kelly $38,200
Previous Owner Cerio Kelly $100,000
Previous Owner Cerio Kelly $71,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2018 10/01/18 Sold $205,000 -8.9% $96 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $225,000 +26.4% $105 / Sq Ft
04/04/2017 04/04/17 Sold $178,000 0.0% $156 / Sq Ft View Prior Sale
03/05/2017 03/05/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $178,000 0.0% $156 / Sq Ft
05/21/2015 05/21/15 For Rent $850 0.0% --
05/21/2015 05/21/15 Rented $850 -- --
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 $4,209 $290,900 $91,500 $199,400
2023 $4,128 $290,900 $91,500 $199,400
2022 $3,508 $187,300 $53,700 $133,600
2021 $3,508 $187,300 $53,700 $133,600
2020 $3,508 $187,300 $53,700 $133,600
2019 $3,508 $187,300 $53,700 $133,600
2018 $2,925 $144,500 $51,900 $92,600
2017 $2,925 $144,500 $51,900 $92,600
2016 $2,925 $144,500 $51,900 $92,600
2015 $2,845 $137,100 $59,700 $77,400
2014 $2,750 $137,100 $59,700 $77,400
2013 $2,713 $137,100 $59,700 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1185687

State-Wide MLS

APN: WARW-000376-000393-000000