NOT LISTED FOR SALE

215 Shand Ave Warwick, RI 02889

Buttonwoods Neighborhood

Estimated Value: $613,000 - $747,000

6 Beds
3 Baths
3,792 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $555,000 $146 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,435/month

27 Days on Market

Highlights

  • Beach Front
  • 0.38 Acre Lot
  • Recreation Facilities
  • Marina
  • Deck
  • Porch

About This Home

As of August 2023

Estate sale: Welcome to this stunning legal 3 family home, located at the end of a peaceful street nestled on a breathtaking waterfront cove. Boasting two 2 bedroom units, each with a kitchen dining area, and sliders to water view decks, as well as a lower level walk-out unit featuring expandable for 2 beds, currently offering living room and family room. This property offers endless possibilities for both owner occupiers and investors alike. With it's prime location and spectacular views, this property offers a unique opportunity to own a slice of paradise. Whether you're looking to enjoy the tranquil lifestyle or generate a steady rental income, this property is a perfect investment. While the homes does require some work, it presents a fantastic opportunity. The property's last house location offers added privacy, while the stunning waterfront cove and views provide an sense of peace and relaxation. Don't miss out on this incredible chance to own a truly unique property. Can be purchased as a package with MLS#1333348 Both properties abut each other.

Last Agent to Sell the Property

Robert Scaralia

RE/MAX 1st Choice License #REC.0014603 Listed on: 04/13/2023

RE/MAX 1st Choice

Last Buyer's Agent

Bernadin Simeus

Simeus Realty Group, LLC License #REB.0018885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1973

Lot Details

  • 0.38 Acre Lot
  • Beach Front

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,792 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 316
  • Assessor Parcel Number 215SHANDAVWARW

Community Details

Overview

  • 3 Units
  • Vets Subdivision

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Shops
  • Operating Expense $3,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Inclusions: Rents considered below market value
  • Subdivision Name: Vets
  • Above Grade Finished Sq Ft: 3792.0
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1973
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Family Room, Kitchen, Laundry, Living Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Beach Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16553.0
  • Parcel #: 215SHANDAVWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3252.0

Tax Info

  • Tax Annual Amount: 8612.0
  • Tax Lot: 316
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Noble Deborah Est and Noble
Bought by
Toussaint Wendel
Current Estimated Value
$685,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Outstanding Balance
$505,824
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$179,863
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toussaint Wendel $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toussaint Wendel $520,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $555,000 -12.6% $146 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $635,000 -- $167 / 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 $10,072 $793,100 $294,600 $498,500
2024 $9,410 $650,300 $256,100 $394,200
2023 $9,174 $646,500 $256,100 $390,400
2022 $8,612 $459,800 $175,300 $284,500
2021 $8,612 $459,800 $175,300 $284,500
2020 $8,612 $459,800 $175,300 $284,500
2019 $8,612 $459,800 $175,300 $284,500
2018 $7,413 $356,400 $165,600 $190,800
2017 $7,214 $356,400 $165,600 $190,800
2016 $7,214 $356,400 $165,600 $190,800
2015 $5,932 $285,900 $101,000 $184,900
2014 $5,735 $285,900 $101,000 $184,900
2013 $5,658 $285,900 $101,000 $184,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Scaralia

    Seller's Agent in 2023

    Robert Scaralia

    RE/MAX 1st Choice

    (401) 265-0181

    2 in this area

    28 Total Sales

    Robert Scaralia
    Section Image

  • B

    Buyer's Agent in 2023

    Bernadin Simeus

    Simeus Realty Group, LLC

    2 in this area

    20 Total Sales

    Bernadin Simeus
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333356

State-Wide MLS

APN: WARW-000362-000588-000000

Rhode Island Kent County Warwick 02889 Buttonwoods

215 Shand Ave, Warwick, RI

Not Listed for Sale

MultiFamily

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