NOT LISTED FOR SALE

16 Ernest Ave Warwick, RI 02889

Warwick Neck Neighborhood

Estimated Value: $322,055 - $378,000

4 Beds
2 Baths
1,950 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $211,000 $108 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,068/month

9 Days on Market

About This Home

As of May 2022

Calling for investor, contractors, flippers. Rare 2 family in Warwick in nice family neighborhood close to water. Each Unit with 1-2 bedrooms. Sold "AS IS"., CASH, Private financing. Buyer's responsible for due diligence. Highest & Best due 4/5 @5pm Note: Deck to second floor needs work and is unsafe. Please use caution and exercise safety before walking up and down.

Last Agent to Sell the Property

Kyle Seyboth

Century 21 Limitless License #REC.0005226 Listed on: 03/30/2022

Century 21 Limitless

Last Buyer's Agent

Dee Webster

eXp Realty License #RES.0043386

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1003
  • Assessor Parcel Number 16ERNESTAVWARW

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,824

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Above Grade Finished Sq Ft: 1950.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1915
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 16ERNESTAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2824.0
  • Tax Lot: 1003
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Better Than Before Llc
Bought by
Barone Mackenzie
Current Estimated Value
$339,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$275,741
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$63,273

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 20, 2022
Sold by
Pioneer Investments Llc
Bought by
Better Than Before Llc
Seller's Agent
Kyle Seyboth
Century 21 Limitless
Buyer's Agent
Dee Webster
eXp Realty
List Price
$189,900
Sold Price
$211,000
Premium/Discount to List
$21,100
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$227,000
Interest Rate
4.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2020
Sold by
Burke Kevin and Bank New York Mellon Tr
Bought by
Pioneer Investments Llc

Purchase Details

Closed on
Sep 15, 2016
Sold by
Reservoir Ventures 2 L and Warwick City Of
Bought by
Burke Kevin M and Dutra-Burke Paula

Purchase Details

Closed on
Aug 27, 2013
Sold by
Burke Kevin M
Bought by
Burke Kevin M and Burke Paul D

Purchase Details

Closed on
Apr 19, 2012
Sold by
Burke Kevin M and Burke Carol A
Bought by
Burke Kevin M and Burke Carol A

Purchase Details

Closed on
Apr 19, 2002
Sold by
Burke Kevin M and Burke Carol A
Bought by
Burke Kevin M and Burke Carol A

Purchase Details

Closed on
May 2, 2000
Sold by
Connell Christopher J and Connell Dawn A
Bought by
Burke Kevin and Burke Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barone Mackenzie $295,000 None Available
Better Than Before Llc $211,000 None Available
Pioneer Investments Llc $130,000 None Available
Burke Kevin M -- --
Burke Kevin M -- --
Burke Kevin M -- --
Burke Kevin M -- --
Burke Kevin M -- --
Burke Kevin $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Mackenzie $289,656
Previous Owner Better Than Before Llc $227,000
Previous Owner Burke Kevin $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $211,000 +11.1% $108 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $189,900 -- $97 / 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 $3,561 $280,400 $92,400 $188,000
2024 $3,238 $223,800 $74,600 $149,200
2023 $3,176 $223,800 $74,600 $149,200
2022 $2,824 $150,800 $44,800 $106,000
2021 $2,824 $150,800 $44,800 $106,000
2020 $2,824 $150,800 $44,800 $106,000
2019 $2,824 $150,800 $44,800 $106,000
2018 $2,317 $114,500 $41,600 $72,900
2017 $2,317 $114,500 $41,600 $72,900
2016 $2,317 $114,500 $41,600 $72,900
2015 $2,210 $106,500 $46,400 $60,100
2014 $2,136 $106,500 $46,400 $60,100
2013 $2,108 $106,500 $46,400 $60,100
Source: Public Records

Agents Affiliated with this Home

  • Kyle Seyboth

    Seller's Agent in 2022

    Kyle Seyboth

    Century 21 Limitless

    (508) 726-3492

    2 in this area

    1,809 Total Sales

    Kyle Seyboth
    Section Image
  • Dee Webster

    Buyer's Agent in 2022

    Dee Webster

    eXp Realty

    (508) 245-9458

    1 in this area

    71 Total Sales

    Dee Webster
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1306378

State-Wide MLS

APN: WARW-000358-000149-000000

Rhode Island Kent County Warwick 02889 Warwick Neck

16 Ernest Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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