NOT LISTED FOR SALE

Estimated Value: $459,000 - $552,746

6 Beds
2 Baths
2,744 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $240,000 $87 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,187/month

7 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bathtub with Shower
  • Wood Flooring
  • Porch
  • Patio

About This Home

As of November 2022

Property is a Freddie Mac Property selling AS IS. Property has been vacant for a couple years and has water damage throughout and needs complete renovation. Garage is in poor condition. Second and third floors are combined for one unit. Other amenities include 2 front porches, a large second floor deck, and a patio. Property is on Vacant Property list. It must be brought to Code. There have been multiple offers submitted to seller. Seller is asking for highest and best offers be submitted by 10am 10/24/2022. Please fill out Multiple offer form that is an attachment to this listing and send it with highest and best offer.

Last Agent to Sell the Property

John Gower

Gower And Co. License #REB.0015278 Listed on: 10/18/2022

Last Buyer's Agent

John Gower

Gower And Co. License #REB.0015278 Listed on: 10/18/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,496 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,744 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 42
  • Assessor Parcel Number 111113SUMMITAVWWAR

Community Details

Overview

  • 2 Units
  • West Warwick Subdivision

Building Details

  • Operating Expense $7,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.218
  • Subdivision Name: West Warwick
  • Above Grade Finished Sq Ft: 2744.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9496.0
  • Parcel #: 111113SUMMITAVWWAR
  • Zoning: R-8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 6056.0
  • Tax Lot: 42
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 2, 2022
Sold by
Fhlm
Bought by
J & J Ears Properties Llc
Seller's Agent
John Gower
Gower And Co.
Buyer's Agent
John Gower
Gower And Co.
List Price
$199,900
Sold Price
$240,000
Premium/Discount to List
$40,100
20.06%
Views
152
Current Estimated Value
$508,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,187
Avg. Annual Appreciation
26.89%

Purchase Details

Closed on
Apr 29, 2022
Sold by
Lima Paul L and Fhlm
Bought by
Fhlm

Purchase Details

Closed on
Dec 17, 2015
Sold by
Lima Paul L and Lima Eileen R
Bought by
Lima Paul L

Purchase Details

Closed on
Jan 10, 2001
Sold by
Francis Ernest G and Francis Filomena
Bought by
Lima Paul L and Lima Eileen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.64%

Purchase Details

Closed on
Jan 10, 2000
Sold by
Francis Ernest G and Francis Filomena
Bought by
Lima Paul L and Lima Eileen R
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
J & J Ears Properties Llc $240,000 None Available
Fhlm $258,937 None Available
Lima Paul L -- --
Lima Paul L $129,000 --
Lima Paul L $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lima Paul L $206,250
Previous Owner Lima Paul L $41,250
Previous Owner Lima Paul L $30,000
Previous Owner Lima Paul L $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $240,000 +20.1% $87 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $199,900 -- $73 / 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 $6,673 $436,400 $69,800 $366,600
2024 $6,872 $335,700 $65,800 $269,900
2023 $6,737 $335,700 $65,800 $269,900
2022 $6,056 $335,700 $65,800 $269,900
2021 $5,272 $229,200 $50,300 $178,900
2020 $5,272 $229,200 $50,300 $178,900
2019 $6,720 $229,200 $50,300 $178,900
2018 $4,488 $179,700 $43,400 $136,300
2017 $4,728 $179,700 $43,400 $136,300
2016 $4,643 $179,700 $43,400 $136,300
2015 $4,481 $172,600 $43,400 $129,200
2014 $4,382 $172,600 $43,400 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1322432

State-Wide MLS

APN: WWAR-000001-000042-000000