NOT LISTED FOR SALE

Estimated Value: $552,000 - $689,221

4 Beds
4 Baths
2,652 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $560,000 $211 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,672/month

23 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Public Transportation
  • Water Views
  • Bathtub with Shower
  • Shops

About This Home

As of July 2023

Here is your opportunity to own a three family in Warren, RI! This remodeled multi unit features a gorgeous first floor apartment. This spacious unit offers an updated kitchen, stainless steel appliances, including a dishwasher and granite counter tops, large living room with hardwood floors, formal dining room leading to the rear deck to relax and enjoy the water view. Master bedroom with full master bath, second bathroom with shower and washer/dryer in the basement. The two second floor one bedroom units have been updated with new flooring, kitchen with stainless steel appliances, granite countertops. The paved driveway has plenty of off street parking spaces. Walk across the street to the East Bay Bike Path. Walking distance to downtown Warren's shopping and dining.

Last Agent to Sell the Property

Holly McCombs Team

Lamacchia Realty, Inc License #RES.0028072 Listed on: 06/04/2023

Lamacchia Realty, Inc

Last Buyer's Agent

bushra wasim

Keller Williams Coastal License #RES.0044426

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1870

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,652 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 12MILLSTWARN

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Additional Features

  • 3 Units
  • Operating Expense $10,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,761

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Inclusions: Photos of first floor are prior to existing tenant. Owner currently pays $2,349 a year for flood insurance.
  • Above Grade Finished Sq Ft: 2652.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1870
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 12MILLSTWARN
  • Zoning: 01
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 10527.0

Tax Info

  • Tax Annual Amount: 4761.0
  • Tax Lot: 40
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Jul 31, 2023
Sold by
Gustafson Ryan C
Bought by
Akouri Marc and Pitre Madison
Seller's Agent
Holly McCombs Team
Lamacchia Realty, Inc
Buyer's Agent
bushra wasim
Keller Williams Coastal
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Views
89
Current Estimated Value
$610,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,805
Avg. Annual Appreciation
3.75%
Original Mortgage
$532,000
Outstanding Balance
$518,875
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,930

Purchase Details

Listed on
Aug 12, 2016
Closed on
Jul 29, 2016
Sold by
Guido R Salvadore
Bought by
Gustafson Ryan C
Seller's Agent
Holly McCombs Team
Lamacchia Realty, Inc
Buyer's Agent
Holly McCombs
Sold Price
$750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$201,286
Interest Rate
3.48%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Salvadore Guido R
Bought by
Guido R Salvadore T R and Guido Salvadore
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Akouri Marc $560,000 None Available
Gustafson Ryan C -- --
Guido R Salvadore T R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akouri Marc $532,000
Previous Owner Guido R Salvadore T R $201,286
Previous Owner Guido R Salvadore T R --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $560,000 -6.7% $211 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $599,900 0.0% $226 / Sq Ft
02/18/2021 02/18/21 For Rent $1,650 0.0% --
02/18/2021 02/18/21 Rented $1,650 +120.0% --
08/13/2016 08/13/16 For Rent $750 0.0% --
08/13/2016 08/13/16 Rented $750 0.0% --
07/29/2016 07/29/16 Sold $205,000 -12.7% $91 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $234,900 -- $104 / 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 $5,611 $376,800 $94,000 $282,800
2024 $5,441 $376,800 $94,000 $282,800
2023 $4,763 $348,700 $94,000 $254,700
2022 $4,382 $243,300 $86,900 $156,400
2021 $4,311 $243,300 $86,900 $156,400
2020 $4,224 $243,300 $86,900 $156,400
2019 $3,736 $195,500 $55,200 $140,300
2018 $3,687 $195,500 $55,200 $140,300
2017 $3,677 $195,500 $55,200 $140,300
2016 $3,930 $196,800 $46,100 $150,700
2015 $3,930 $196,800 $46,100 $150,700
2014 $3,950 $196,800 $46,100 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1336945

State-Wide MLS

APN: WARR-000001-000000-000040