Seller's Agent in 2024
Jeffrey St. Germain
Keller Williams Coastal
(401) 226-2148
37 in this area
121 Total Sales
12 Drake Rd Warwick, RI 02888
Palace Garden Neighborhood
4
Beds
2
Baths
2,214
Sq Ft
7,405
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Cape Cod Architecture
- Corner Lot
- Thermal Windows
About This Home
As of December 2024Nestled in the highly sought-after Gaspee Plateau neighborhood, 12 Drake Road offers the perfect blend of charm, comfort, and convenience. This classic 4-bedroom, 2-bathroom Cape Cod style home welcomes you with a cozy living room featuring a gas fireplace and gleaming hardwood floors throughout. With two bedrooms on the first floor and two upstairs, the layout is ideal for flexible living arrangements. An efficient updated kitchen makes entertaining a breeze. Central air ensures year-round comfort, while solar panels provide energy efficiency. Situated on a spacious corner lot, this property boasts plenty of parking, a one-car garage, and private outdoor space perfect for entertaining or relaxing. Conveniently located, this home is just minutes from major highways, train stations, and some of the area's best hospitals and universities. Whether commuting to work or exploring nearby amenities, you'll love the accessibility this location offers. Experience the best of neighborhood living while being close to everything you need. Make 12 Drake Road your next home and become part of this vibrant and welcoming community!
Last Agent to Sell the Property
Keller Williams Coastal License #REB.0019306 Listed on: 11/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,778
Year Built
- Built in 1959
Lot Details
- 7,405 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Garage
- No Garage
Home Design
- Cape Cod Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2-Story Property
- Fireplace Features Masonry
- Gas Fireplace
- Thermal Windows
- Family Room
- Storm Doors
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 0213
- Assessor Parcel Number 12DRAKERDWARW
Community Details
Overview
- Gaspee Plateau Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2024
Closed on
Dec 30, 2024
Sold by
Gavigan Mary J and Gavigan William F
Bought by
Durkin Kristine and Morris Christopher
Seller's Agent
Jeffrey St. Germain
Keller Williams Coastal
Buyer's Agent
Laura Lee
Residential Properties Ltd.
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,753
Avg. Annual Appreciation
4.49%
Original Mortgage
$493,000
Outstanding Balance
$489,557
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,979
Purchase Details
Closed on
Jun 1, 2010
Sold by
Gavigan William F and Gavigan Mary Jean
Bought by
Gavigan William F and Gavigan Mary Jean
Purchase Details
Closed on
Aug 21, 1989
Sold by
Frezza Alessio A
Bought by
Planka Michael A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | None Available | |
| Warranty Deed | $580,000 | None Available | |
| Warranty Deed | $580,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $493,000 | Purchase Money Mortgage | |
| Closed | $493,000 | Purchase Money Mortgage | |
| Previous Owner | $304,724 | No Value Available | |
| Previous Owner | $320,740 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $580,000 | +5.6% | $262 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | For Sale | $549,000 | -- | $248 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,778 | $399,300 | $147,800 | $251,500 |
| 2023 | $5,666 | $399,300 | $147,800 | $251,500 |
| 2022 | $5,499 | $293,600 | $103,700 | $189,900 |
| 2021 | $5,499 | $293,600 | $103,700 | $189,900 |
| 2020 | $5,499 | $293,600 | $103,700 | $189,900 |
| 2019 | $5,499 | $293,600 | $103,700 | $189,900 |
| 2018 | $4,928 | $236,900 | $96,300 | $140,600 |
| 2017 | $4,795 | $236,900 | $96,300 | $140,600 |
| 2016 | $4,795 | $236,900 | $96,300 | $140,600 |
| 2015 | $4,416 | $212,800 | $91,400 | $121,400 |
| 2014 | $4,269 | $212,800 | $91,400 | $121,400 |
| 2013 | $4,211 | $212,800 | $91,400 | $121,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey St. Germain
-
Laura Lee
L
Buyer's Agent in 2024
Laura Lee
Residential Properties Ltd.
(401) 450-4230
2 in this area
51 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1373381
APN: WARW-000304-000213-000000
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