NOT LISTED FOR SALE

Estimated Value: $513,698 - $721,000

4 Beds
4 Baths
3,640 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $440,000 $121 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,812/month

20 Days on Market

Highlights

  • Marina
  • Attic
  • Bathtub with Shower
  • Golf Course Community
  • Tennis Courts
  • Laundry Room

About This Home

As of January 2022

HIGHEST AND BEST OFFERS DUE BY MONDAY, DECEMBER 13TH AT 5:00 PM. Completely renovated side-by-side townhouse style duplex with a large backyard, off-street parking, back decks, separate basements, and huge bedrooms. Each apartment is 2 Bedrooms with 1.5 bathrooms. The first floor is a dine-in kitchen, half bath, and large living room. Second floor is 2 very large bedrooms with loads of closet space and a full bath. This 1990 build is completely updated with new floors, bathrooms, kitchens, paint, light fixtures, new roof, and brand new high efficiency heating systems. Large unfinished private basement space includes washer dryer hookups, bulkheads for entry/exit, and plenty of space which could be finished down the road. Each apartment has separate utilities with estimated market rent of $1800 per month. Both apartments currently vacant so you can select your ideal tenant or move in with a family member or friend. This is the perfect turnkey home or investment property with a large fenced-in backyard. All separate utilities and this property will meet FHA requirements.

Last Listed By

Prem Prop RI Team

Premier Properties RI Listed on: 12/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 1994

Lot Details

  • 10,454

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • 10,454 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 463
  • Assessor Parcel Number 2134WARWICKAVWARW

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,188

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Above Grade Finished Sq Ft: 3640.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1994
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • 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, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 2134WARWICKAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5188.0
  • Tax Lot: 463
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 27, 2022
Sold by
Smith Hill Apartments Llc
Bought by
Chen Xue X
Seller's Agent
Prem Prop RI Team
Premier Properties RI
Buyer's Agent
Qinglu Zhu
Coastline Realty LLC
List Price
$379,900
Sold Price
$440,000
Premium/Discount to List
$60,100
15.82%
Total Days on Market
20
Current Estimated Value
$588,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,675
Avg. Annual Appreciation
6.38%
Original Mortgage
$330,000
Outstanding Balance
$311,212
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,083

Purchase Details

Closed on
Jul 16, 2021
Sold by
Moody James J and Moody Claire L
Bought by
Smith Hill Apartments Llc

Purchase Details

Closed on
Jul 1, 2003
Sold by
Sawyer Joseph
Bought by
Moody James J and Moody Claire L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

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
Chen Xue X $440,000 None Available
Smith Hill Apartments Llc $285,000 None Available
Moody James J $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xue X $330,000
Previous Owner Moody James J $133,934
Previous Owner Moody James J $165,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $440,000 +15.8% $121 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $379,900 -- $104 / 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 $6,390 $441,600 $95,400 $346,200
2023 $6,266 $441,600 $95,400 $346,200
2022 $5,226 $279,000 $68,300 $210,700
2021 $5,188 $277,000 $68,300 $208,700
2020 $5,188 $277,000 $68,300 $208,700
2019 $5,188 $277,000 $68,300 $208,700
2018 $4,860 $240,100 $68,300 $171,800
2017 $4,860 $240,100 $68,300 $171,800
2016 $4,860 $240,100 $68,300 $171,800
2015 $4,082 $196,700 $55,900 $140,800
2014 $3,946 $196,700 $55,900 $140,800
2013 $3,893 $196,700 $55,900 $140,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1299823

State-Wide MLS

APN: WARW-000339-000463-000000