NOT LISTED FOR SALE

1393 Main St West Warwick, RI 02893

Centreville Neighborhood

Estimated Value: $496,000 - $550,499

9 Beds
3 Baths
3,492 Sq Ft
$153/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $505,000 $145 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,361/month

8 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Baseboard Heating
  • 1 Car Detached Garage

About This Home

As of April 2024

Prime 3-Family Home with 3 Beds per Unit! This property presents an exceptional opportunity for investors seeking steady rental income. It is conveniently located near major highways, public transportation, schools, and amenities. Each unit boasts a spacious layout with three bedrooms, offering ample space for tenants to unwind and spread out. Don't miss out on this opportunity!

Last Agent to Sell the Property

Jim Murray

HERE Realty Listed on: 03/14/2024

Last Buyer's Agent

Michelle Clay

RE/MAX 1st Choice License #RES.0043882

RE/MAX 1st Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1900

Lot Details

  • 3,492 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Siding

Interior Spaces

  • 3,492 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0061
  • Assessor Parcel Number 13931395MAINSTWWAR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,378

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0802
  • Above Grade Finished Sq Ft: 3492.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Shingle Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3492.0
  • Parcel #: 13931395MAINSTWWAR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4378.0
  • Tax Lot: 0061
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 18, 2024
Sold by
Rosenberg Rachael B
Bought by
Plante Marc H
Seller's Agent
Jim Murray
HERE Realty
Buyer's Agent
Michelle Clay
RE/MAX 1st Choice
List Price
$490,000
Sold Price
$505,000
Premium/Discount to List
$15,000
3.06%
Views
84
Current Estimated Value
$534,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,625
Avg. Annual Appreciation
4.31%
Original Mortgage
$205,000
Outstanding Balance
$203,052
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,443

Purchase Details

Closed on
Jul 2, 2020
Sold by
Souliere Joseph O
Bought by
Lynch Rachael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1999
Sold by
Holmes Geraldine C Est and Pollock
Bought by
Souliere Joseph O
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Plante Marc H $505,000 None Available
Plante Marc H $505,000 None Available
Lynch Rachael B $230,000 None Available
Lynch Rachael B $230,000 None Available
Souliere Joseph O $55,000 --
Souliere Joseph O $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plante Marc H $205,000
Closed Plante Marc H $205,000
Previous Owner Lynch Rachel B $55,828
Previous Owner Lynch Rachael B $225,834
Previous Owner Lynch Rachael B $7,500
Previous Owner Souliere Joseph O $103,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $505,000 +3.1% $145 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $490,000 -- $140 / 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 $4,892 $239,000 $48,800 $190,200
2023 $4,797 $239,000 $48,800 $190,200
2022 $4,720 $239,000 $48,800 $190,200
2021 $7,296 $244,100 $40,000 $204,100
2020 $7,296 $244,100 $40,000 $204,100
2019 $7,157 $244,100 $40,000 $204,100
2018 $6,989 $178,300 $37,600 $140,700
2017 $6,766 $178,300 $37,600 $140,700
2016 $6,645 $178,300 $37,600 $140,700
2015 $6,645 $178,300 $37,600 $140,700
2014 $6,499 $178,300 $37,600 $140,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Murray

    Seller's Agent in 2024

    Jim Murray

    HERE Realty

    (401) 829-1533

    2 in this area

    67 Total Sales

    Section Image
  • Michelle Clay

    Buyer's Agent in 2024

    Michelle Clay

    RE/MAX 1st Choice

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1354602

State-Wide MLS

APN: WWAR-000006-000061-000000

Rhode Island Kent County West Warwick 02893 Centreville

1393 Main St, West Warwick, RI

This home is located at 1393 Main St, West Warwick, RI 02893 since 14 March 2024 and is currently estimated at $534,625, approximately $153 per square foot. This property was built in 1900. 1393 Main St is a home located in Kent County with nearby schools including West Warwick High School.

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