NOT LISTED FOR SALE

Estimated Value: $432,000 - $638,000

4 Beds
2.5 Baths
2,845 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $380,000 $134 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,826/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Wood Burning Stove
  • Workshop
  • Bathtub with Shower

About This Home

As of April 2018

The captivating, palatial Greek Revival House set high on the hill, overlooks the Pawtuxet River and Phenix Center. William B. Spencer House I was built in 1847 by William B. Spencer, a prominent figure in West Warwick and President of Phenix Bank. Spencer was known for his love of architecture, style, and sophistication and it surely reflects in this home! The estate boasts a 2 car, freestanding garage and a stone terrace topped by a grapevine draped pergola. This 12-room home features charming accents that are sure to please the most discerning buyer. This stately home boasts elegant, inlay hardwood flooring, handcrafted plaster accents, original crystal chandeliers, with all the modern amenities buyers seek! Enjoy your renovated granite and stainless kitchen along with a first-floor master complete with master bath and tile shower. Here is your chance to own a one-of-a-kind home!

Last Listed By

The DiSpirito Team

Engel & Volkers Listed on: 03/05/2018

Engel & Volkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1847

Lot Details

  • 0.78 Acre Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Plaster

Interior Spaces

  • 2,845 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 38 / 1
  • Assessor Parcel Number 2AMESSTWWAR

Community Details

Overview

  • Phenix Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,925

Year Built

Built in 1847

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Subdivision Name: Phenix
  • Above Grade Finished Sq Ft: 2845.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1847
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 2845.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Other
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Oil, Radiant, Steam
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33977.0
  • Parcel #: 2AMESSTWWAR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7925.0
  • Tax Block: 1
  • Tax Lot: 38
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 27, 2018
Sold by
Higbee-Owens Anne M and Owens Jerry W
Bought by
Duqette Joshua J and Baig Khamsay P
Seller's Agent
The DiSpirito Team
Engel & Volkers
Buyer's Agent
Mary Coutu
Keller Williams Coastal
List Price
$380,000
Sold Price
$380,000
Total Days on Market
22
Current Estimated Value
$553,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,334
Avg. Annual Appreciation
6.45%
Original Mortgage
$330,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 12, 2015
Closed on
Nov 24, 2015
Sold by
Mazzotta Joseph D and Mazzotta Joanna
Bought by
Owens Jerry W and Higbee-Owens Anne M
Seller's Agent
Jazzmine Napolitano
RE/MAX ADVANTAGE GROUP
Buyer's Agent
Terilyn Dorvall
Century 21 The Seyboth Team
List Price
$565,000
Sold Price
$319,000
Premium/Discount to List
-$246,000
-43.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$313,222
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2006
Sold by
Greco Carol Ann
Bought by
Mazzotta Joseph D and Mazzotta Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,001
Interest Rate
6.62%

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
Duqette Joshua J $380,000 --
Owens Jerry W $319,000 --
Mazzotta Joseph D $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duquette Joshua J $326,500
Closed Greco Anthony J $330,000
Previous Owner Owens Jerry W $312,649
Previous Owner Owens Jerry W $313,222
Previous Owner Greco Anthony J $211,500
Previous Owner Greco Anthony J $250,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $380,000 0.0% $134 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $380,000 +19.1% $134 / Sq Ft
11/23/2015 11/23/15 Sold $319,000 -43.5% $112 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $565,000 -- $199 / 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 $8,915 $477,000 $69,400 $407,600
2023 $8,739 $477,000 $69,400 $407,600
2022 $8,605 $477,000 $69,400 $407,600
2021 $8,308 $361,200 $55,500 $305,700
2020 $8,308 $361,200 $55,500 $305,700
2019 $10,590 $361,200 $55,500 $305,700
2018 $7,955 $301,200 $49,900 $251,300
2017 $7,925 $301,200 $49,900 $251,300
2016 $7,783 $301,200 $49,900 $251,300
2015 $7,663 $295,200 $49,900 $245,300
2014 $7,495 $295,200 $49,900 $245,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1184073

State-Wide MLS

APN: WWAR-000002-000038-000000