NOT LISTED FOR SALE

Estimated Value: $335,791 - $461,000

4 Beds
2 Baths
2,010 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $265,000 $132 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,356/month

35 Days on Market

Highlights

  • Marina
  • Deck
  • Attic
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2021

Excellent opportunity to own a multi-family in the desirable Warwick Neck neighborhood with a strong rental history going back to at least 2005. Once a single-family home, the up/down layout offers the ability to easily convert back to a single family. As constituted, the home offers a low maintenance exterior with vinyl siding, replacement windows and a large composite deck. Inside, both units have 2 bedrooms each and a full bath (although occupants have often used the second bedroom as either a living room or formal dining room; see floorplan). The first-floor unit features an updated galley kitchen, full bath, hardwoods, as well as in-unit deck/basement access. The 120sf deck is enveloped with trees and overlooks a freshwater brook. The second-floor unit has upgraded stainless appliances, fresh paint, hardwood floors and new vinyl flooring in addition to a crow's nest deck with fall/winter views of Warwick Cove. In the basement, there is plenty of storage, separate laundry hookups, separate electric and heat systems along with a shared, owner paid (brand new) hot water tank. The second floor is currently vacant and the first floor will be coming vacant soon; you will be able to choose your tenants! Close to marinas, golf courses, parks and public transportation. Ideal property for a first-time owner occupant investor!

Last Agent to Sell the Property

Roger Sylvia

HomeSmart Professionals License #RES.0041521 Listed on: 02/08/2021

HomeSmart Professionals

Last Buyer's Agent

Lisa Raposa

Compass / Lila Delman Compass License #RES.0040839

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,010 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 0148
  • Assessor Parcel Number 149151OAKSIDESTWARW

Community Details

Overview

  • 2 Units
  • Riverview/Long Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,894

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: Riverview/Long
  • Above Grade Finished Sq Ft: 2010.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Balcony, Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 149151OAKSIDESTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2894.0
  • Tax Lot: 0148
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 15, 2021
Sold by
Lima Steven C
Bought by
Strange Thomas M
Seller's Agent
Roger Sylvia
HomeSmart Professionals
Buyer's Agent
Lisa Raposa
Compass / Lila Delman Compass
List Price
$239,900
Sold Price
$265,000
Premium/Discount to List
$25,100
10.46%
Total Days on Market
35
Current Estimated Value
$384,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,198
Avg. Annual Appreciation
8.19%
Original Mortgage
$259,462
Outstanding Balance
$238,283
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$128,476

Purchase Details

Closed on
Jul 14, 2005
Sold by
Rosa Frank M and Kerrigan-Rosa Noreen
Bought by
Lima Arthur A and Lima Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Strange Thomas M $265,000 None Available
Lima Arthur A $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strange Thomas M $259,462
Previous Owner Lima Arthur A $168,000
Previous Owner Lima Arthur A $143,200
Previous Owner Lima Arthur A $26,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $265,000 +10.5% $132 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $239,900 -- $119 / 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 $3,816 $263,700 $96,000 $167,700
2023 $3,742 $263,700 $96,000 $167,700
2022 $2,927 $156,300 $59,500 $96,800
2021 $2,894 $154,500 $59,500 $95,000
2020 $2,894 $154,500 $59,500 $95,000
2019 $2,894 $154,500 $59,500 $95,000
2018 $2,797 $138,200 $59,500 $78,700
2017 $2,797 $138,200 $59,500 $78,700
2016 $2,797 $138,200 $59,500 $78,700
2015 $2,583 $124,500 $55,100 $69,400
2014 $2,497 $124,500 $55,100 $69,400
2013 $2,464 $124,500 $55,100 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1275058

State-Wide MLS

APN: WARW-000357-000148-000000