NOT LISTED FOR SALE

137 Ocean Ave Warwick, RI 02889

Long Meadow Neighborhood

Estimated Value: $430,000 - $564,000

6 Beds
2 Baths
1,833 Sq Ft
$277/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $67,500 $37 Per Sq Ft

Est. 651% increase in value since last sale

Current estimated payment $3,070/month

26 Days on Market

Highlights

  • Beach Access
  • 1 Fireplace
  • Skylights
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

As of January 2012

INVESTORS TAKE NOTICE TWO FAMILY HOME WITH ILLEGAL THIRD UNIT. GREAT POTENTIAL. BANK OWNED PROPERTY SOLD AS IS. PROOF OF FUNDS REQUIRED WITH ALL OFFERS.

Last Agent to Sell the Property

Jason Smith

JDS Realty Group License #REB.0016371 Listed on: 01/03/2012

Last Buyer's Agent

Chin, Norman

C & L Agency, Inc. License #REB.0013921

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,833 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Private Sewer

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 151
  • Assessor Parcel Number 137OCEANAVWARW

Community Details

Overview

  • 2 Units
  • Longmeadow Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: LONGMEADOW
  • Above Grade Finished Sq Ft: 1833.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1935
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Skylights
  • Living Area: 1833.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Other
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 137OCEANAVWARW
  • Zoning: A7

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3076.0
  • Tax Block: 0000
  • Tax Lot: 151
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Litthisack Souky
Bought by
Pacheco Gladys J
Current Estimated Value
$507,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$326,106
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$180,921

Purchase Details

Closed on
Nov 15, 2011
Sold by
Power Rd Assoc and Warwick City Of
Bought by
Zwolinski Ronald J and Jessop David J

Purchase Details

Closed on
Nov 14, 2011
Sold by
Zwolonski Ronald J and Us Bank Na
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 26, 2011
Sold by
Zwolinski Roanld J and Warwick City Of
Bought by
Power Rd Assoc

Purchase Details

Closed on
Dec 30, 1999
Sold by
Morton Donald S and Morton Evelyn L
Bought by
Jessop David A and Zwolonski Ronald J
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
Pacheco Gladys J $365,000 None Available
Pacheco Gladys J $365,000 None Available
Zwolinski Ronald J $1,182 --
Us Bank Na $130,845 --
Power Rd Assoc $812 --
Jessop David A $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Gladys J $358,388
Closed Pacheco Gladys J $358,388
Previous Owner Jessop David A $251,200
Previous Owner Jessop David A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $67,500 -6.9% $37 / Sq Ft
01/04/2012 01/04/12 For Sale $72,500 -- $40 / 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 $5,342 $420,600 $108,700 $311,900
2024 $4,720 $326,200 $89,800 $236,400
2023 $4,629 $326,200 $89,800 $236,400
2022 $4,325 $230,900 $52,000 $178,900
2021 $4,325 $230,900 $52,000 $178,900
2020 $4,325 $230,900 $52,000 $178,900
2019 $4,325 $230,900 $52,000 $178,900
2018 $3,720 $183,800 $52,000 $131,800
2017 $3,720 $183,800 $52,000 $131,800
2016 $3,720 $183,800 $52,000 $131,800
2015 $3,357 $161,800 $53,200 $108,600
2014 $3,246 $161,800 $53,200 $108,600
2013 $3,202 $161,800 $53,200 $108,600
Source: Public Records

Agents Affiliated with this Home

  • Jason Smith

    Seller's Agent in 2012

    Jason Smith

    JDS Realty Group

    (413) 221-5918

    41 Total Sales

    Jason Smith
    Section Image

  • C

    Buyer's Agent in 2012

    Chin, Norman

    C & L Agency, Inc.

    16 Total Sales

    Chin, Norman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1007773

State-Wide MLS

APN: WARW-000356-000151-000000

Rhode Island Kent County Warwick 02889 Long Meadow

137 Ocean Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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