Seller's Agent in 2024
Slocum Home Team
eXp Realty
(401) 593-1129
16 in this area
786 Total Sales
20 Reed St Warwick, RI 02886
Natick NeighborhoodEstimated Value: $414,624 - $531,000
6
Beds
4
Baths
1,890
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Tennis Courts
- Golf Course Community
- Attic
- Walking Distance to Water
About This Home
As of February 2024Discover a remarkable investment opportunity at 20-22 Reed St in Warwick's Pontiac neighborhood. This two-family side-by-side duplex combines style and functionality, offering three bedrooms in each unit with numerous interior upgrades for modern living. One unit is vacant, ready for immediate occupancy or a new tenant, while the other is rented month-to-month, providing flexible income potential. Each unit has their own access to the basement along with on-site laundry. The property boasts individual decks overlooking a fenced backyard, ideal for relaxation or entertainment. A detached garage adds convenience and storage options. Located near highway access, this home is minutes away from NYLO, Apponaug Brewery, Warwick Mall, and Route 2's vast amenities, including diverse dining choices. Whether as a savvy investment or a residence with rental income, 20-22 Reed St is perfectly positioned for convenience and lifestyle, making it an ideal choice for investors or those seeking a comfortable living space with added financial benefits.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,152
Year Built
- Built in 1875
Lot Details
- 10,018 Sq Ft Lot
- Fenced
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 1,890 Sq Ft Home
- 2-Story Property
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 0179
- Assessor Parcel Number 2022REEDSTWARW
Community Details
Overview
- 2 Units
- Pontiac Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Feb 26, 2024
Sold by
Prendergast Peter and Prendergast Michelle
Bought by
Petrarca Matthew J and Martinez Nancy M
Seller's Agent
Slocum Home Team
eXp Realty
Buyer's Agent
Bruce Lane
Lane Ceceri Group
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,656
Avg. Annual Appreciation
2.05%
Original Mortgage
$466,396
Outstanding Balance
$457,777
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$35,879
Purchase Details
Closed on
May 25, 2007
Sold by
Lafontaine Kathryn A
Bought by
Prendergast Peter and Prendergast Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2004
Sold by
Palmer Jean M
Bought by
Lafontaine Kathryn A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petrarca Matthew J | $475,000 | None Available | |
| Prendergast Peter | $211,000 | -- | |
| Lafontaine Kathryn A | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petrarca Matthew J | $466,396 | |
| Previous Owner | Lafontaine Kathryn A | $200,900 | |
| Previous Owner | Lafontaine Kathryn A | $204,800 | |
| Previous Owner | Lafontaine Kathryn A | $211,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $475,000 | +5.8% | $251 / Sq Ft |
| 02/19/2024 02/19/24 | Pending | -- | -- | -- |
| 12/29/2023 12/29/23 | For Sale | $449,000 | -- | $238 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,095 | $401,200 | $107,300 | $293,900 |
| 2024 | $4,295 | $296,800 | $90,300 | $206,500 |
| 2023 | $4,152 | $292,600 | $90,300 | $202,300 |
| 2022 | $3,259 | $174,000 | $54,600 | $119,400 |
| 2021 | $3,259 | $174,000 | $54,600 | $119,400 |
| 2020 | $3,259 | $174,000 | $54,600 | $119,400 |
| 2019 | $3,259 | $174,000 | $54,600 | $119,400 |
| 2018 | $3,251 | $156,300 | $58,000 | $98,300 |
| 2017 | $3,164 | $156,300 | $58,000 | $98,300 |
| 2016 | $3,164 | $156,300 | $58,000 | $98,300 |
| 2015 | $3,133 | $151,000 | $61,400 | $89,600 |
| 2014 | $3,029 | $151,000 | $61,400 | $89,600 |
| 2013 | $2,988 | $151,000 | $61,400 | $89,600 |
Source: Public Records
Agents Affiliated with this Home
-
Slocum Home Team
-
Bruce Lane
Buyer's Agent in 2024
Bruce Lane
Lane Ceceri Group
(401) 419-1912
7 in this area
243 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350119
APN: WARW-000274-000179-000000
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