Seller's Agent in 2018
Michael Alves
HomeSmart Professionals
(401) 216-9292
4 in this area
44 Total Sales
120 Main St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $411,000 - $577,000
7
Beds
2
Baths
2,632
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Recreation Facilities
- Beach Access
- Attic
- Porch
About This Home
As of October 2018Spacious 2 family home, 3 bedrooms in each unit. Hardwoods and tile throughout, newer windows, vinyl siding. Gas heating system for 1st floor is only 4 years old. Separate utilities for each unit, including gas, elect and water. Off street parking. Short walk to bike path, fishing, boating. Close to restaurants, and shopping. Great opportunity for owner occupy. Home is in a flood zone. With some minor updating rents could be significantly higher.
Last Agent to Sell the Property
HomeSmart Professionals License #REB.0014141 Listed on: 06/12/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,241
Year Built
- Built in 1920
Lot Details
- 2,997 Sq Ft Lot
Home Design
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 2,632 Sq Ft Home
- 2-Story Property
- Permanent Attic Stairs
- Storm Windows
- Laundry in unit
Kitchen
- Oven
- Range
Flooring
- Wood
- Parquet
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Porch
Utilities
- No Cooling
- Space Heater
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tenant pays for hot water
- The owner pays for hot water
- Tax Lot 50
- Assessor Parcel Number 120MAINSTWARN
Community Details
Overview
- 4 Units
- North Warren Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Building Details
- Operating Expense $7,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2023
Sold by
Schrader Michael J
Bought by
Relt Michael Schrader
Current Estimated Value
Purchase Details
Listed on
Jun 12, 2018
Closed on
Oct 16, 2018
Sold by
Alves Michael and Alves Diane
Bought by
Schrader Michael J and Schrader-Soule Randall
Seller's Agent
Michael Alves
HomeSmart Professionals
Buyer's Agent
Matthew Perrino
Realty One Group Dream Makers
List Price
$259,911
Sold Price
$235,000
Premium/Discount to List
-$24,911
-9.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$188,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 2001
Sold by
Alves David and Alves Josephine
Bought by
Alves Michael and Alves Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.14%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Relt Michael Schrader | -- | None Available | |
| Schrader Michael J | $235,000 | -- | |
| Alves Michael | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schrader Michael J | $188,000 | |
| Previous Owner | Alves Michael | $250,000 | |
| Previous Owner | Alves Michael | $30,000 | |
| Previous Owner | Alves Michael | $137,000 | |
| Previous Owner | Alves Michael | $103,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2018 10/25/18 | Sold | $235,000 | -9.6% | $89 / Sq Ft |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- |
| 06/12/2018 06/12/18 | For Sale | $259,911 | -- | $99 / 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 |
|---|---|---|---|---|
| 2025 | $4,854 | $326,000 | $68,200 | $257,800 |
| 2024 | $4,707 | $326,000 | $68,200 | $257,800 |
| 2023 | $4,453 | $326,000 | $68,200 | $257,800 |
| 2022 | $4,227 | $234,700 | $63,000 | $171,700 |
| 2021 | $4,159 | $234,700 | $63,000 | $171,700 |
| 2020 | $4,074 | $234,700 | $63,000 | $171,700 |
| 2019 | $3,293 | $172,300 | $44,500 | $127,800 |
| 2018 | $3,250 | $172,300 | $44,500 | $127,800 |
| 2017 | $3,241 | $172,300 | $44,500 | $127,800 |
| 2016 | $3,631 | $181,800 | $43,300 | $138,500 |
| 2015 | $3,631 | $181,800 | $43,300 | $138,500 |
| 2014 | $3,649 | $181,800 | $43,300 | $138,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Alves
-
Matthew Perrino
M
Buyer's Agent in 2018
Matthew Perrino
Realty One Group Dream Makers
(401) 749-9991
10 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1194807
APN: WARR-000001-000000-000050
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