NOT LISTED FOR SALE

226 Posnegansett Ave Warwick, RI 02888

Spring Green Neighborhood

Estimated Value: $491,000 - $550,000

3 Beds
1.5 Baths
2,223 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $307,000 $138 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,257/month

49 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Game Room
  • 0.39 Acre Lot
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of November 2019

Lovely 8 room Colonial on Posnegansett Lake. Enjoy the breath taking views! Home features 3 spacious bedrooms, closets galore, hardwood floors, central air and finished lower level. A must see!

Last Agent to Sell the Property

Marie Puleo Flaherty

RE/MAX 1st Choice License #RES.0013896 Listed on: 08/20/2019

RE/MAX 1st Choice

Last Buyer's Agent

Kate DeSimone

Williams & Stuart Real Estate License #RES.0041161

Williams & Stuart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,640

Year Built

  • Built in 1994

Lot Details

  • 0.39 Acre Lot
  • Waterfront

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Game Room
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Water Access
  • Property near a hospital

Community Details

  • Posnegansett Lake Subdivision
  • Public Transportation

Listing and Financial Details

  • Tax Lot 326
  • Assessor Parcel Number 226POSNEGANSETTAVWARW

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,640

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3913
  • Subdivision Name: Posnegansett Lake
  • Above Grade Finished Sq Ft: 1598.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 625.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 2223.0
  • Dining Room Type: Game Room, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Water Access, Waterfront
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17046.0
  • Parcel #: 226POSNEGANSETTAVWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5639.6
  • Tax Lot: 326
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 8, 2019
Sold by
Xu Xianhua and Lu Xianghong
Bought by
Bellando Adrian
Seller's Agent
Marie Puleo Flaherty
RE/MAX 1st Choice
Buyer's Agent
Kate DeSimone
Williams & Stuart Real Estate
List Price
$319,000
Sold Price
$307,000
Premium/Discount to List
-$12,000
-3.76%
Current Estimated Value
$521,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,322
Avg. Annual Appreciation
9.10%
Original Mortgage
$230,250
Outstanding Balance
$201,681
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$319,641

Purchase Details

Closed on
Aug 31, 2010
Sold by
Xu Xiahua
Bought by
Xu Xiahua and Lu Xianghong

Purchase Details

Closed on
Feb 28, 2003
Sold by
Demarco Paul and Demarco Julia M
Bought by
Xu Xianhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1994
Sold by
Midwestern Homes Inc
Bought by
Demarco Paul and Demarco Julia
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
Bellando Adrian $307,000 --
Xu Xiahua -- --
Xu Xianhua $260,000 --
Demarco Paul $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellando Adrian $230,250
Previous Owner Demarco Paul $215,000
Previous Owner Demarco Paul $245,000
Previous Owner Demarco Paul $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $307,000 -3.8% $138 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $319,000 -- $143 / 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 $6,279 $494,400 $180,200 $314,200
2024 $5,952 $411,300 $156,500 $254,800
2023 $5,836 $411,300 $156,500 $254,800
2022 $5,640 $301,100 $102,200 $198,900
2021 $5,640 $301,100 $102,200 $198,900
2020 $5,640 $301,100 $102,200 $198,900
2019 $5,640 $301,100 $102,200 $198,900
2018 $4,981 $246,100 $90,800 $155,300
2017 $4,981 $246,100 $90,800 $155,300
2016 $4,981 $246,100 $90,800 $155,300
2015 $5,262 $253,600 $101,600 $152,000
2014 $5,087 $253,600 $101,600 $152,000
2013 $5,019 $253,600 $101,600 $152,000
Source: Public Records

Agents Affiliated with this Home

  • Marie Puleo Flaherty

    Seller's Agent in 2019

    Marie Puleo Flaherty

    RE/MAX 1st Choice

    (401) 353-5969

    1 in this area

    102 Total Sales

    Marie Puleo Flaherty
    Section Image
  • Kate DeSimone

    Buyer's Agent in 2019

    Kate DeSimone

    Williams & Stuart Real Estate

    (401) 450-4881

    2 in this area

    100 Total Sales

    Kate DeSimone
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1232745

State-Wide MLS

APN: WARW-000300-000326-000000

Rhode Island Kent County Warwick 02888 Spring Green

226 Posnegansett Ave, Warwick, RI

Not Listed for Sale

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