NOT LISTED FOR SALE

110 E Main St West Warwick, RI 02893

West Warwick Centre Neighborhood

Estimated Value: $407,669

5 Beds
3.5 Baths
2,490 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $385,000 $155 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,465/month

53 Days on Market

Highlights

  • Corner Lot
  • Home Office
  • Living Room
  • Recreation Facilities
  • Window Unit Cooling System
  • 2-minute walk to West Warwick Skate Park

About This Home

As of December 2024

Discover a rare opportunity with this unique property featuring three apartments and office space on a high visibility corner lot. With some rehab, upgrades and cosmetic improvements, the rental value could be improved dramatically or an owner/occupant may create a beautiful space for their business and residential needs. This property boasts a paved parking area in front and rear ensuring ease of access for residents and guests. There is storage space in the basement and shed. Whether you're an investor seeking a promising project or a homeowner looking to customize a multi-generational living solution, this property offers endless possibilities. This property is a great opportunity for a handyman or first time buyer to start their real estate journey using FHA or conventional financing.

Last Agent to Sell the Property

Richard Madden

Ocean Bay Realty License #REB.0014502 Listed on: 09/03/2024

Last Buyer's Agent

Amarilis Alvarez Tejeda

Palma Realty Corporation License #RES.0049205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1935

Lot Details

  • 6,142 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Garage
  • No Garage
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 0002
  • Assessor Parcel Number 110114MAINSTWWAR

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Additional Features

  • 4 Units
  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.141
  • Above Grade Finished Sq Ft: 2490.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1935
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, Cable TV
  • Dining Room Type: Bathroom, Bedroom, Family Room, Kitchen, Laundry, Living Room, Office
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6142.0
  • Parcel #: 110114MAINSTWWAR
  • Zoning: R-7.5
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 6039.0
  • Tax Block: 0002
  • Tax Lot: 0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Dec 11, 2024
Sold by
Madden Richard E
Bought by
Guerra-Cedeno Jesus M
Seller's Agent
Richard Madden
Ocean Bay Realty
Buyer's Agent
Amarilis Alvarez Tejeda
Palma Realty Corporation
List Price
$399,999
Sold Price
$385,000
Premium/Discount to List
-$14,999
-3.75%
Views
43
Current Estimated Value
$407,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,669
Avg. Annual Appreciation
5.49%
Original Mortgage
$378,026
Outstanding Balance
$374,322
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$33,347

Purchase Details

Closed on
Aug 22, 2022
Sold by
929 Providence Street Llc
Bought by
Melhem Imad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guerra-Cedeno Jesus M $385,000 None Available
Guerra-Cedeno Jesus M $385,000 None Available
Guerra-Cedeno Jesus M $385,000 None Available
Melhem Imad -- None Available
Melhem Imad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra-Cedeno Jesus M $378,026
Closed Guerra-Cedeno Jesus M $378,026
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $385,000 -2.5% $155 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $395,000 -1.2% $159 / Sq Ft
09/03/2024 09/03/24 For Sale $399,999 -- $161 / 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
2025 $3,994 $279,500 $90,300 $189,200
2024 -- $192,500 $60,000 $132,500
2023 $0 $192,500 $60,000 $132,500
2022 $0 $192,500 $60,000 $132,500
2021 $0 $180,200 $47,000 $133,200
2020 $0 $180,200 $47,000 $133,200
2019 $0 $180,200 $47,000 $133,200
2018 $0 $162,500 $45,500 $117,000
2017 $0 $162,500 $45,500 $117,000
2016 -- $162,500 $45,500 $117,000
2015 -- $158,400 $43,300 $115,100
2014 -- $158,400 $43,300 $115,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Richard Madden

    Ocean Bay Realty

    Section Image

  • A

    Buyer's Agent in 2024

    Amarilis Alvarez Tejeda

    Palma Realty Corporation

    (401) 261-9382

    1 in this area

    1 Total Sale

    Amarilis Alvarez Tejeda
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1367606

State-Wide MLS

APN: WWAR-000018-000002-000000

Rhode Island Kent County West Warwick 02893 West Warwick Centre

110 E Main St, West Warwick, RI

Not Listed for Sale

MultiFamily

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