16 Potter Ave West Warwick, RI 02893
West Warwick Centre NeighborhoodEstimated Value: $428,523 - $498,000
4
Beds
2
Baths
2,000
Sq Ft
$236/Sq Ft
Est. Value
Highlights
- Attic
- Workshop
- Bathtub with Shower
- Recreation Facilities
- 3 Car Detached Garage
- Tankless Water Heater
About This Home
As of January 2024Welcome to this exceptional multi-family residence, offering dual opportunities for comfortable living or investment potential. The property boasts two well-designed apartments, each featuring 2 bedrooms and 1 bathroom, providing a total of 2000 sq feet of versatile living space. The first-floor apartment spans 1250 sq feet, offering ample room for diverse interior arrangements, while the second-floor apartment, with 750 sq feet, exudes cozy charm. As you step onto the expansive porch, envision the possibilities for outdoor relaxation and social gatherings. This residence is a canvas awaiting your personal touches and desired updates, offering a unique chance to shape each apartment according to your vision. The current condition of the property sets the stage for creativity, allowing you to tailor the space to your preferences and style. Adding to the allure is a convenient 3-car garage, providing parking solutions and storage options for both units. Whether you're an investor seeking rental income or a homeowner looking to accommodate extended family, this multi-family gem offers flexibility and potential. Seize this opportunity to reimagine and revitalize a property with a strong foundation, spacious interiors, and the promise of a harmonious living experience. Your dream of a multi-family haven is one decision away from becoming a reality.
Last Agent to Sell the Property
HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0042003 Listed on: 12/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,550
Year Built
- Built in 1929
Lot Details
- 8,842
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Family Room
- Workshop
- Permanent Attic Stairs
Kitchen
- Oven
- Range
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
- Tankless Water Heater
- Cable TV Available
Additional Features
- 8,842 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 0076
- Assessor Parcel Number 16POTTERAVWWAR
Community Details
Overview
- 2 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2023
Closed on
Jan 25, 2024
Sold by
Urwin John H Est and Urwin
Bought by
Moio Anthony and Pereira Elizabeth
Seller's Agent
Mark Barter
HomeSmart Professionals
Buyer's Agent
Ralph Dorval
RE/MAX Results
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,881
Avg. Annual Appreciation
7.54%
Original Mortgage
$336,000
Outstanding Balance
$331,956
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,019
Similar Homes in West Warwick, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moio Anthony | $420,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moio Anthony | $336,000 | |
| Previous Owner | Urwin John H | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2024 01/25/24 | Sold | $420,000 | +5.0% | $210 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 12/08/2023 12/08/23 | For Sale | $399,900 | -- | $200 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,674 | $303,600 | $62,200 | $241,400 |
| 2023 | $5,562 | $303,600 | $62,200 | $241,400 |
| 2022 | $5,477 | $303,600 | $62,200 | $241,400 |
| 2021 | $4,816 | $209,400 | $49,800 | $159,600 |
| 2020 | $4,816 | $209,400 | $49,800 | $159,600 |
| 2019 | $6,140 | $209,400 | $49,800 | $159,600 |
| 2018 | $4,539 | $167,000 | $44,700 | $122,300 |
| 2017 | $4,394 | $167,000 | $44,700 | $122,300 |
| 2016 | $4,315 | $167,000 | $44,700 | $122,300 |
| 2015 | $4,193 | $161,500 | $44,700 | $116,800 |
| 2014 | $4,100 | $161,500 | $44,700 | $116,800 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Barter
Seller's Agent in 2024
Mark Barter
HomeSmart Professionals
(401) 595-3392
1 in this area
46 Total Sales
-
Ralph Dorval
R
Buyer's Agent in 2024
Ralph Dorval
RE/MAX Results
(401) 500-4834
1 in this area
10 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1349361
APN: WWAR-000004-000076-000000
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