$130,000
SOLD FEB 21, 2020

17 Adams St Warwick, RI 02888

Palace Garden Neighborhood
4 Beds
2 Baths
2,226 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

8% Above List Price

249 Days on Market

Highlights

  • Heating System Uses Steam
  • Wood Siding
  • Vinyl Flooring

About This Home

As of November 2020

Here's your chance to own a multi-family in Warwick! Convenient location mere minutes to the Cranston line and ample amenities on Post Rd. This home sits on a generously sized lot and features off street parking and large covered front porch. The first floor is spaciously laid out with a roomy living area and two potential bedrooms, and the second floor is super cozy with tons of potential! This home is in need of renovation throughout but offers the opportunity to restore to your tastes! Renovation will be well worth the effort!

Last Agent to Sell the Property

Joy Riley

Westcott Properties License #REB.0012495 Listed on: 05/17/2019

Last Buyer's Agent

John Morookian

Westcott Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 705
  • Assessor Parcel Number 1719ADAMSSTWARW

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Above Grade Finished Sq Ft: 2226.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7500.0
  • Parcel #: 1719ADAMSSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3259.0
  • Tax Lot: 705
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 4, 2020
Sold by
Off Broadway Llc
Bought by
Abodeely Julie K
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Taylor & Company
Residential Properties, Ltd.
List Price
$389,900
Sold Price
$408,000
Premium/Discount to List
$18,100
4.64%
Current Estimated Value
$618,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,404
Avg. Annual Appreciation
7.53%
Original Mortgage
$329,800
Outstanding Balance
$297,289
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$276,605

Purchase Details

Listed on
May 17, 2019
Closed on
Feb 21, 2020
Sold by
Agayo Jaime L
Bought by
Off Broadway Llc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
John Morookian
Westcott Properties
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
400.73%

Purchase Details

Listed on
May 17, 2019
Closed on
Feb 7, 2020
Sold by
Cit Bank Na
Bought by
Aguayo Jaime L
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
John Morookian
Westcott Properties
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%

Purchase Details

Closed on
Jun 22, 2017
Sold by
Stpeter June M and Cit Bank Na
Bought by
Cit Bank Na
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 Type Sale Price Title Company
Warranty Deed $408,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $130,000 None Available
Foreclosure Deed $283,992 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,800 New Conventional
Previous Owner $70,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $375,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $408,000 +4.6% $183 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $389,900 +199.9% $175 / Sq Ft
02/21/2020 02/21/20 Sold $130,000 +8.3% $58 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
05/17/2019 05/17/19 For Sale $120,000 -- $54 / 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 $6,960 $481,000 $114,700 $366,300
2023 $6,723 $473,800 $114,700 $359,100
2022 $6,791 $362,600 $74,200 $288,400
2021 $6,791 $362,600 $74,200 $288,400
2020 $3,609 $192,700 $74,200 $118,500
2019 $3,609 $192,700 $74,200 $118,500
2018 $2,791 $156,700 $74,200 $82,500
2017 $3,172 $156,700 $74,200 $82,500
2016 $3,172 $156,700 $74,200 $82,500
2015 $3,901 $188,000 $91,500 $96,500
2014 $3,771 $188,000 $91,500 $96,500
2013 $3,721 $188,000 $91,500 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Joy Riley

    Seller's Agent in 2020

    Joy Riley

    Westcott Properties

    (401) 952-7887

    7 in this area

    328 Total Sales

    Joy Riley
    Section Image

  • T

    Buyer's Agent in 2020

    Taylor & Company

    Residential Properties, Ltd.

  • Nelson Taylor

    Buyer's Agent in 2020

    Nelson Taylor

    Compass

    (401) 214-1524

    21 in this area

    608 Total Sales

    Nelson Taylor
    Section Image

  • J

    Buyer's Agent in 2020

    John Morookian

    Westcott Properties

    (401) 743-3993

    4 Total Sales

    John Morookian
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1223859

State-Wide MLS

APN: WARW-000293-000705-000000

Rhode Island Kent County Warwick 02888 Palace Garden

17 Adams St, Warwick, RI

This home is located at 17 Adams St, Warwick, RI 02888 and is currently priced at $130,000, approximately $58 per square foot. This property was built in 1925. 17 Adams St is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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