NOT LISTED FOR SALE

Estimated Value: $1,948,000 - $2,343,000

3 Beds
3.5 Baths
4,093 Sq Ft
$511/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $950,000 $232 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $12,961/month

803 Days on Market

Highlights

  • Beach Front
  • Guest House
  • Water Access
  • Marina
  • Golf Course Community
  • In Ground Pool

About This Home

As of September 2016

Delightful waterfront home on Narragansett Bay with 3 bedrooms, 3-1/2 baths + 3 br in-law apt. Formal living & dining rooms, 3 fireplaces, large family/game room w/casual dining area. Granite kitchen, heated gunite pool, 2-car garage. Great Views!

Last Agent to Sell the Property

Rosemary Simpson

Mott & Chace Sotheby's Intl. License #RES.0027715 Listed on: 06/04/2014

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Alison Carcieri-Cassidy

RI Real Estate Services License #RES.0033863

RI Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 1.96 Acre Lot
  • Beach Front
  • Fenced
  • Sprinkler System
  • Property is zoned A-40

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4,093 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Skylights
  • 3 Fireplaces
  • Marble Fireplace
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 136BEACONAVWARW

Community Details

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Warwick Neck Subdivision
  • Shops

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.96
  • Subdivision Name: WARWICK NECK
  • Above Grade Finished Sq Ft: 4093.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1915
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Marble
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Permanent Attic Stairs, Storage, Skylights, Central Vacuum, Cable TV
  • Living Area: 4093.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water
  • Construction Type: Plaster, Brick
  • Exterior Features: Deck, Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 85378.0
  • Parcel #: 136BEACONAVWARW
  • Zoning: A-40

Tax Info

  • Tax Annual Amount: 29274.0
  • Tax Lot: 62
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 15, 2016
Sold by
Verrecchia Geraldine
Bought by
Caffrey Thomas J and Caffrey Ellen J
Seller's Agent
Rosemary Simpson
Mott & Chace Sotheby's Intl.
Buyer's Agent
Alison Carcieri-Cassidy
RI Real Estate Services
List Price
$1,395,000
Sold Price
$950,000
Premium/Discount to List
-$445,000
-31.9%
Current Estimated Value
$2,091,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,090
Avg. Annual Appreciation
8.80%
Original Mortgage
$760,000
Outstanding Balance
$605,411
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,485,679

Purchase Details

Closed on
Dec 2, 1997
Sold by
Stlaurent George P
Bought by
Verrecchia Alfred J and Verrecchia Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,000
Interest Rate
7.26%
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
Caffrey Thomas J $950,000 --
Caffrey Thomas J $950,000 --
Verrecchia Alfred J $885,000 --
Verrecchia Alfred J $885,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caffrey Thomas J $760,000
Closed Verrecchia Alfred J $760,000
Previous Owner Verrecchia Alfred J $250,000
Previous Owner Verrecchia Alfred J $315,000
Previous Owner Verrecchia Alfred J $907,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $950,000 -31.9% $232 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
06/04/2014 06/04/14 For Sale $1,395,000 -- $341 / 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 $25,622 $2,017,500 $1,206,000 $811,500
2024 $24,998 $1,727,600 $1,087,000 $640,600
2023 $24,515 $1,727,600 $1,087,000 $640,600
2022 $18,449 $985,000 $589,100 $395,900
2021 $18,183 $970,800 $589,100 $381,700
2020 $18,183 $970,800 $589,100 $381,700
2019 $18,183 $970,800 $589,100 $381,700
2018 $22,691 $1,090,900 $753,000 $337,900
2017 $22,080 $1,090,900 $753,000 $337,900
2016 $22,080 $1,090,900 $753,000 $337,900
2015 $29,274 $1,410,800 $862,000 $548,800
2014 $32,882 $1,639,200 $862,000 $777,200
2013 $32,440 $1,639,200 $862,000 $777,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1069813

State-Wide MLS

APN: WARW-000385-000062-000000