NOT LISTED FOR SALE

1987 Elmwood Ave Warwick, RI 02888

Norwood Neighborhood

Estimated Value: $480,389 - $521,000

4 Beds
2 Baths
3,322 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 08, 2019

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

Est. 88% increase in value since last sale

Current estimated payment $3,084/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

eXp Realty LLC Listed on: 04/22/2019

Co-Listed By

Michael Veltri

eXp Realty LLC 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
  • Hot Water Heating System
  • 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
eXp Realty LLC
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
$506,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,097
Avg. Annual Appreciation
10.41%
Original Mortgage
$264,127
Outstanding Balance
$231,273
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$274,824

Purchase Details

Closed on
Apr 30, 2019
Sold by
Andreoli Julie F
Bought by
Veltri-Santilli Francesca
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
Lundi Sonny $269,000 --
Veltri-Santilli Francesca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundi Sonny $264,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $5,157 $406,100 $102,900 $303,200
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

    eXp Realty LLC

    (401) 288-3600

    498 Total Sales

    Premier Group
    Section Image
  • Michael Veltri

    Seller Co-Listing Agent in 2019

    Michael Veltri

    eXp Realty LLC

    (401) 465-3727

    1 in this area

    119 Total Sales

    Michael Veltri
    Section Image

  • P

    Buyer's Agent in 2019

    Paul Voccola

    First Choice Real Estate Group

    (401) 952-3355

    6 Total Sales

    Paul Voccola
    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

Not Listed for Sale

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