NOT LISTED FOR SALE

1987 Elmwood Ave Warwick, RI 02888

Norwood Neighborhood

Estimated Value: $455,697 - $496,000

4 Beds
2 Baths
3,322 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $269,000 $81 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,060/month

46 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Golf Course Community
  • 2 Fireplaces
  • Tennis Courts

About This Home

As of July 2019

Great opportunity to own this well maintained 2 family in the Elmwood section of Warwick. This home is situated on a large corner lot with tons of off street parking and a huge out building for additional storage. There are separated utilities, 2 separate basements, newer roof and fenced in yard.Great location close to everything.

Last Agent to Sell the Property

Premier Group

Century 21 Limitless PRG Listed on: 04/22/2019

Century 21 Limitless PRG

Co-Listed By

Michael Veltri

Century 21 Limitless PRG License #REB.0018100

Last Buyer's Agent

Paul Voccola

First Choice Real Estate Group License #REB.0016665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1905

Lot Details

  • 7,840 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,322 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 497
  • Assessor Parcel Number 1987ELMWOODAVWARW

Community Details

Overview

  • 4 Units
  • Elmwood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,836

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: PMRG
  • Co List Office Phone: 401-288-3600
  • Subdivision Name: Elmwood
  • Above Grade Finished Sq Ft: 3322.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1905
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 1987ELMWOODAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3836.0
  • Tax Lot: 497
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 8, 2019
Sold by
Veltri-Santilli Francesca
Bought by
Lundi Sonny
Seller's Agent
Premier Group
Century 21 Limitless PRG
Buyer's Agent
Paul Voccola
First Choice Real Estate Group
List Price
$269,900
Sold Price
$269,000
Premium/Discount to List
-$900
-0.33%
Current Estimated Value
$479,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,674
Avg. Annual Appreciation
9.30%
Original Mortgage
$264,127
Outstanding Balance
$235,611
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$226,271

Purchase Details

Closed on
Apr 30, 2019
Sold by
Andreoli Julie F
Bought by
Veltri-Santilli Francesca
Source: Public Records

Range of Values:

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Average Value
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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
Lundi Sonny $269,000 --
Veltri-Santilli Francesca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundi Sonny $264,127
Previous Owner Andreoli Julie F $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $269,000 -0.3% $81 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $269,900 -- $81 / 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 $4,931 $340,800 $89,400 $251,400
2023 $4,836 $340,800 $89,400 $251,400
2022 $4,520 $241,300 $58,700 $182,600
2021 $4,520 $241,300 $58,700 $182,600
2020 $4,520 $241,300 $58,700 $182,600
2019 $4,520 $241,300 $58,700 $182,600
2018 $3,732 $184,400 $58,700 $125,700
2017 $3,732 $184,400 $58,700 $125,700
2016 $3,732 $184,400 $58,700 $125,700
2015 $3,208 $154,600 $52,200 $102,400
2014 $3,101 $154,600 $52,200 $102,400
2013 $3,060 $154,600 $52,200 $102,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Premier Group

    Century 21 Limitless PRG

    (401) 288-3600

    559 Total Sales

    Section Image
  • Michael Veltri

    Seller Co-Listing Agent in 2019

    Michael Veltri

    Century 21 Limitless PRG

    (401) 465-3727

    119 Total Sales

    Section Image

  • P

    Buyer's Agent in 2019

    Paul Voccola

    First Choice Real Estate Group

    (401) 952-3355

    9 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1221046

State-Wide MLS

APN: WARW-000296-000497-000000

Rhode Island Kent County Warwick 02888 Norwood

1987 Elmwood Ave, Warwick, RI

This home is located at 1987 Elmwood Ave, Warwick, RI 02888 since 22 April 2019 and is currently estimated at $479,674, approximately $144 per square foot. This property was built in 1905. 1987 Elmwood Ave is a home located in Kent County with nearby schools including St. Peter School.

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