NOT LISTED FOR SALE

123 Samuel Gorton Ave Warwick, RI 02889

Long Meadow Neighborhood

Estimated Value: $303,000 - $341,555

2 Beds
1 Bath
896 Sq Ft
$357/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $288,111 $322 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,020/month

5 Days on Market

Highlights

  • Marina
  • Beach Access
  • Cathedral Ceiling
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of July 2023

This charming coastal cottage on Narragansett Bay is close to perfection! It has a beachy vibe with new mechanicals, new appliances, fresh paint and new central air!

The interior is tastefully decorated with warm and inviting colors. The kitchen is fully equipped with modern appliances and a breakfast bar. There are 2 cozy & comfortable bedrooms and a well appointed bathroom with modern fixtures and a stall shower. The bonus room at the rear is the perfect work-from-home spot or exercise room.

The cottage has a spacious backyard & a custom built fire pit, perfect for toasting marshmallows or relaxing in the evening. You have easy access to the bay at the end of the street, making it an ideal spot for fishing, boating, or simply enjoying the natural beauty of this coastal RI area.

Last Agent to Sell the Property

Michelle Snoeren

Engel & Volkers License #RES.0034737 Listed on: 05/11/2023

Engel & Volkers

Last Buyer's Agent

Premier Group

Century 21 Limitless PRG

Century 21 Limitless PRG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1933

Lot Details

  • 3,750 Sq Ft Lot

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0655
  • Assessor Parcel Number 123SAMUELGORTONAVWARW

Community Details

Overview

  • Warwick Neck/River View Subdivision

Amenities

  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0861
  • Inclusions: Sewer installation starting week of 5/8/2023 assessment to buyer will be $16,900 over 30 years (approx $141 quarterly)
  • Subdivision Name: Warwick Neck/River View
  • Above Grade Finished Sq Ft: 896.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1933
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 896.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Cesspool, Sewer Assessment(s)
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Public Transportation, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3750.0
  • Parcel #: 123SAMUELGORTONAVWARW
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2025.0
  • Tax Lot: 0655
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 31, 2023
Sold by
Swanson Kimberly L
Bought by
Faria Jonathan R and Coute Magan L
Seller's Agent
Michelle Snoeren
Engel & Volkers
Buyer's Agent
Premier Group
Century 21 Limitless PRG
List Price
$275,000
Sold Price
$288,111
Premium/Discount to List
$13,111
4.77%
Views
186
Current Estimated Value
$320,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,028
Avg. Annual Appreciation
5.47%
Original Mortgage
$279,507
Outstanding Balance
$274,370
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$46,446

Purchase Details

Closed on
Aug 10, 2018
Sold by
Swanson Carl W and Swanson Carol E
Bought by
Swanson Kimberly L

Purchase Details

Closed on
Mar 31, 2004
Sold by
Abbott Albert A
Bought by
Swanson Carl W and Swanson Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,100
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Faria Jonathan R $288,111 None Available
Swanson Kimberly L $156,000 --
Swanson Carl W $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faria Jonathan R $279,507
Previous Owner Swanson Carl W $87,500
Previous Owner Swanson Carl W $57,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $288,111 +4.8% $322 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $275,000 -- $307 / 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
2024 $3,020 $208,700 $82,400 $126,300
2023 $2,669 $188,100 $82,400 $105,700
2022 $2,025 $108,100 $49,100 $59,000
2021 $2,025 $108,100 $49,100 $59,000
2020 $2,025 $108,100 $49,100 $59,000
2019 $2,025 $108,100 $49,100 $59,000
2018 $1,797 $88,800 $46,800 $42,000
2017 $1,797 $88,800 $46,800 $42,000
2016 $1,797 $88,800 $46,800 $42,000
2015 $1,892 $91,200 $48,500 $42,700
2014 $1,829 $91,200 $48,500 $42,700
2013 $1,805 $91,200 $48,500 $42,700
Source: Public Records

Agents Affiliated with this Home

  • Michelle Snoeren

    Seller's Agent in 2023

    Michelle Snoeren

    Engel & Volkers

    (401) 487-2679

    1 in this area

    39 Total Sales

    Section Image

  • P

    Buyer's Agent in 2023

    Premier Group

    Century 21 Limitless PRG

    (401) 288-3600

    8 in this area

    560 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1335076

State-Wide MLS

APN: WARW-000355-000655-000000

Rhode Island Kent County Warwick 02889 Long Meadow

123 Samuel Gorton Ave, Warwick, RI

This home is located at 123 Samuel Gorton Ave, Warwick, RI 02889 since 11 May 2023 and is currently estimated at $320,139, approximately $357 per square foot. This property was built in 1933. 123 Samuel Gorton Ave is a home located in Kent County with nearby schools including Saint Kevin School and Bishop Hendricken High School.

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