NOT LISTED FOR SALE

Estimated Value: $412,231 - $506,000

5 Beds
2 Baths
1,533 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $450,000 $294 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,842/month

87 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Wood Flooring

About This Home

As of July 2023

LOCATION LOCATION LOCATION - this Conimicut home is located right between Gaspee & Conimicut Point on Narragansett Bay and is close to Conimicut Point Park, beaches, boat launches and does not require flood insurance. Great little community featuring restaurants and shops within walking distance. It is also unique in that it offers a rental unit which can be used as a 1 level 2 bedroom in-law which has been completely updated. The front unit has 1 bedroom on the first floor and 2 bedrooms on the second floor with water views, open kitchen/dining area, great living room with water views. There is a lovely front porch which is enclosed. Great investment property with a full basement which is the location of the laundry and storage. Off-street parking for both units. All updates on rear unit have approved permits.

Last Agent to Sell the Property

Deborah Giannini

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0035732 Listed on: 04/13/2023

HomeSmart Professionals

Last Buyer's Agent

Ariella Jeter

Fab Living License #RES.0046019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 5,000

Home Design

  • Fixer Upper

Interior Spaces

  • 1,533 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • 5,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 232
  • Assessor Parcel Number 18DUDLEYAVWARW

Community Details

Overview

  • 2 Units
  • Conimicut Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Conimicut
  • Above Grade Finished Sq Ft: 1533.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1915
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 18DUDLEYAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 0
  • Tax Lot: 232
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jul 18, 2023
Sold by
Tsang Hong K and Tao Yu-Hao
Bought by
Etienne Arthur
Seller's Agent
Deborah Giannini
HomeSmart Professionals
Buyer's Agent
Ariella Jeter
Fab Living
List Price
$424,000
Sold Price
$450,000
Premium/Discount to List
$26,000
6.13%
Views
101
Current Estimated Value
$468,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,808
Avg. Annual Appreciation
1.64%
Original Mortgage
$420,000
Outstanding Balance
$409,565
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,243

Purchase Details

Listed on
Apr 3, 2015
Closed on
Jun 12, 2015
Sold by
Iacovino Elizabeth M and Giorgianni Gina M
Bought by
Tsang Hong K and Tao Yu H
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Shelly D'amico
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$123,750
Interest Rate
2.92%
Mortgage Type
New Conventional
Source: Public Records
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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
Etienne Arthur $450,000 None Available
Tsang Hong K $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etienne Arthur $420,000
Previous Owner Tsang Hong K $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Sold $450,000 +6.1% $294 / Sq Ft
04/21/2023 04/21/23 For Sale $424,000 +157.0% $277 / Sq Ft
06/15/2015 06/15/15 Sold $165,000 0.0% $108 / Sq Ft View Prior Sale
05/16/2015 05/16/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $165,000 -- $108 / 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 $4,975 $391,700 $127,800 $263,900
2024 $4,245 $293,400 $111,100 $182,300
2023 $4,163 $293,400 $111,100 $182,300
2022 $3,714 $198,300 $68,300 $130,000
2021 $3,714 $198,300 $68,300 $130,000
2020 $3,714 $198,300 $68,300 $130,000
2019 $3,714 $198,300 $68,300 $130,000
2018 $3,266 $157,000 $68,300 $88,700
2017 $3,178 $157,000 $68,300 $88,700
2016 $3,178 $157,000 $68,300 $88,700
2015 $2,924 $140,900 $53,200 $87,700
2014 -- $140,900 $53,200 $87,700
2013 $2,788 $140,900 $53,200 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1333352

State-Wide MLS

APN: WARW-000317-000232-000000