NOT LISTED FOR SALE

Estimated Value: $1,099,000 - $1,358,000

3 Beds
2.5 Baths
2,722 Sq Ft
$462/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $1,250,000 $459 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,572/month

30 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Colonial Architecture
  • Water Views
  • 0.92 Acre Lot
  • Wood Flooring

About This Home

As of October 2024

Ideally located on a spectacular lot on desirable Warwick Neck, this like-new Colonial offers stunning views of Narragansett Bay. Start at the iron front gates and make your way down the paver driveway to the custom front door. As soon as you enter the open living space your eye is directed to the views of the Bay, and nearby islands. Designed to maximize the views, the completely renovated living space provides multiple seating areas, a central staircase, and a formal dining area. The recently remodeled eat-in kitchen offers top of the line appliances, quartz countertops and coastal cabinetry with leather pulls. The living room features a brand-new gas fireplace and impressive custom wood work. Upstairs the views only get better! The primary bedroom features a wall of windows, and a private bathroom with a view of the water. The generous second bedroom provides an ideal guest space, and the third bedroom is currently utilized as a cozy den. The luxurious dressing room was fully outfitted by California Closets and features endless storage options. The walk-out basement features 2 brand new sliding door systems that maximize the views and bring in tremendous light. Rounding out this level are a laundry room, half bath and storage area. The stone back patio is an entertainer's dream! A convenient 2 car garage and a brand-new roof round out this fantastic property. Walk, or take your golf cart, to Warwick Country Club and enjoy all that this waterfront retreat has to offer.

Last Agent to Sell the Property

Jim DeRentis

Residential Properties Ltd. License #RES.0034320 Listed on: 08/21/2024

Residential Properties Ltd.

Co-Listed By

Derek Simpson

Residential Properties Ltd. License #RES.0044977

Last Buyer's Agent

Lisa Pisaturo

Residential Properties Ltd. License #RES.0045087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,778

Year Built

  • Built in 1957

Lot Details

  • 0.92 Acre Lot
  • Sprinkler System
  • Property is zoned 101

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Living Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 0077
  • Assessor Parcel Number 1258WARWICKNECKAVWARW

Community Details

Overview

  • Warwick Neck Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,778

Year Built

Built in 1957

Lot Details

0.92 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Co List Office Mls Id: RESI
  • Co List Office Phone: 401-274-6740
  • Subdivision Name: Warwick Neck
  • Above Grade Finished Sq Ft: 2161.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 561.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Stall Shower, Tub Shower
  • Living Area: 2722.0
  • Dining Room Type: Laundry, Living Room, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Multiple lots, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.0
  • Parcel #: 1258WARWICKNECKAVWARW
  • Zoning: 101
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12778.0
  • Tax Lot: 0077
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 8, 2024
Sold by
Michael S Lake T S and Michael Lake
Bought by
Marital Gst Exempt T and Gerhard
Seller's Agent
Jim DeRentis
Residential Properties Ltd.
Buyer's Agent
Lisa Pisaturo
Residential Properties Ltd.
List Price
$1,250,000
Sold Price
$1,250,000
Views
12
Current Estimated Value
$1,257,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,740
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Jul 10, 2023
Sold by
Lake Michael S
Bought by
Michael S Lake T S and Michael Lake

Purchase Details

Closed on
Feb 24, 2020
Sold by
Lake Michael S and Nay Timothy R
Bought by
Lake Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Libutti Daniel and Libutti Joan
Bought by
Lake Michael S and Nay Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,687
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Marital Gst Exempt T $1,250,000 None Available
Marital Gst Exempt T $1,250,000 None Available
Michael S Lake T S -- None Available
Michael S Lake T S -- None Available
Lake Michael S -- None Available
Lake Michael S $625,000 --
Lake Michael S $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Michael S $460,000
Previous Owner Lake Michael S $485,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $1,250,000 0.0% $459 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,250,000 -- $459 / Sq Ft
Source: State-Wide MLS

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 $13,193 $1,038,800 $494,100 $544,700
2024 $13,030 $900,500 $444,600 $455,900
2023 $12,778 $900,500 $444,600 $455,900
2022 $11,311 $603,900 $245,100 $358,800
2021 $11,311 $603,900 $245,100 $358,800
2020 $11,311 $603,900 $245,100 $358,800
2019 $11,382 $607,700 $245,100 $362,600
2018 $13,262 $637,600 $333,900 $303,700
2017 $12,905 $637,600 $333,900 $303,700
2016 $12,905 $637,600 $333,900 $303,700
2015 $13,886 $669,200 $393,800 $275,400
2014 $13,424 $669,200 $393,800 $275,400
2013 $13,243 $669,200 $393,800 $275,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366051

State-Wide MLS

APN: WARW-000385-000077-000000

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