NOT LISTED FOR SALE

221 Namquid Dr Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $291,000 - $381,000

1 Bed
1 Bath
620 Sq Ft
$525/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $125,000 $202 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,444/month

69 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Wood Siding
  • Beach Access
  • Patio
  • Heating System Uses Gas

About This Home

As of August 2013

ADORABLE WATERFRONT 1 BED COTTAGE ON LEASED LAND,GAS FIREPLACE,SLIDERS,PATIO,HARDWOODS,SEWERS,ADDITIONAL SEWER ASSESSMENT $91/MONTH,BEAUTIFUL VIEWS OF GASPEE POINT,GREAT VACATION HOME OR LIVE IN YEAR ROUND,DIRECT ACCESS TO THE BEACH!!!

Last Agent to Sell the Property

Anthony Ciccarone

MICHAEL REALTY License #REB.0010739 Listed on: 05/01/2013

Last Buyer's Agent

Caroline Ceceri

Lane Ceceri Group License #RES.0033192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1915

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 620 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Water Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Patio

Utilities

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

Community Details

  • Gaspee Point Subdivision

Listing and Financial Details

  • Tax Lot 58-9221
  • Assessor Parcel Number 221NAMQUIDSTWARW

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,815

Year Built

Built in 1915

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: GASPEE POINT
  • Above Grade Finished Sq Ft: 620.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1915
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 620.0
  • Stories: 1

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Waterfront, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None
  • Heating Yn: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 355.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 221NAMQUIDSTWARW

Tax Info

  • Tax Annual Amount: 1815.0
  • Tax Lot: 58-9221
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Aug 13, 2013
Sold by
Iacobbo Claudia A
Bought by
Williams Jack C
Seller's Agent
Anthony Ciccarone
MICHAEL REALTY
Buyer's Agent
Caroline Ceceri
Lane Ceceri Group
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Current Estimated Value
$325,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,736
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Nov 12, 2009
Sold by
Ciccarone Anthony P
Bought by
Iacobbo Claudia A

Purchase Details

Closed on
Dec 24, 2008
Sold by
Friel Patrick
Bought by
Ciccarone Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2001
Sold by
Wiese Marilyn
Bought by
Friel Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.08%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Kelly Jean D
Bought by
Wiese Marilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.78%
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
Williams Jack C $125,000 --
Iacobbo Claudia A $110,000 --
Ciccarone Anthony $58,000 --
Friel Patrick J $81,500 --
Wiese Marilyn E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiese Marilyn E $58,000
Previous Owner Wiese Marilyn E $81,900
Previous Owner Wiese Marilyn E $64,800
Previous Owner Wiese Marilyn E $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $125,000 -7.3% $202 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $134,900 -- $218 / 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 $4,484 $353,100 $0 $353,100
2024 $2,304 $159,200 $0 $159,200
2023 $2,259 $159,200 $0 $159,200
2022 $2,051 $109,500 $0 $109,500
2021 $2,051 $109,500 $0 $109,500
2020 $2,051 $109,500 $0 $109,500
2019 $2,051 $109,500 $0 $109,500
2018 $2,080 $100,000 $0 $100,000
2017 $2,024 $100,000 $0 $100,000
2016 $2,253 $111,300 $0 $111,300
2015 $1,913 $92,200 $0 $92,200
2014 $1,850 $92,200 $0 $92,200
2013 $1,825 $92,200 $0 $92,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Anthony Ciccarone

    MICHAEL REALTY

    (401) 822-4777

    2 Total Sales

    Anthony Ciccarone
    Section Image

  • C

    Buyer's Agent in 2013

    Caroline Ceceri

    Lane Ceceri Group

    (401) 419-1912

    5 Total Sales

    Caroline Ceceri
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1039940

State-Wide MLS

APN: WARW-000305-000058-009221

Rhode Island Kent County Warwick 02888 Palace Garden

221 Namquid Dr, Warwick, RI

Not Listed for Sale

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