NOT LISTED FOR SALE

226 Washington St West Warwick, RI 02893

West Warwick Centre Neighborhood
5 Beds
2.5 Baths
2,760 Sq Ft
2,836 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $300,000 $109 Per Sq Ft

75 Days on Market

Highlights

  • Recreation Facilities
  • Storage Room
  • Shops
  • Bathtub with Shower
  • Public Transportation
  • Ceramic Tile Flooring

About This Home

As of August 2023

Mixed use three-unit property with two residential apartments and retail space. First unit features three bedrooms, large eat-in kitchen, living room, laundry/pantry room and deck. The second unit features two bedrooms, large eat- in kitchen, living room and center hallway. Great start for first time home buyer with income from 2 units or great investment property with 3-unit incomes!! This property has lots of potential. Short distance to everything!! **Annual rents below market value**

Last Listed By

Frank DiPietro

Dipietro Real Estate License #REC.0012998 Listed on: 05/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1940

Lot Details

  • 2,836 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry in unit
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Parquet
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 176
  • Assessor Parcel Number 226WASHINGTONSTWWAR

Community Details

Overview

  • 3 Units
  • Centerville Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $9,852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,722

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0651
  • Subdivision Name: CENTERVILLE
  • Above Grade Finished Sq Ft: 2760.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1940
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Parquet, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Drywall, Brick, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2836.0
  • Parcel #: 226WASHINGTONSTWWAR
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 9852.0

Tax Info

  • Tax Annual Amount: 5722.06
  • Tax Lot: 176
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Dearce Edwin
Bought by
Dearce Jhanna K and Sanchez-Lugo Nelson E
Total Days on Market
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,935
Outstanding Balance
$356,513
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 10, 2023
Sold by
Monteiro Carl
Bought by
Dearce Edwin
Seller's Agent
Frank DiPietro
Dipietro Real Estate
Buyer's Agent
Sarah Larosa
Keller Williams Coastal
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Views
327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 24, 2014
Sold by
Department Of Housing & Urban Dev
Bought by
Monteiro Carl
Seller's Agent
Karen Hurst
Stonehurst Realty
Buyer's Agent
Barbara Scanlon
RE/MAX Town & Country
List Price
$68,000
Sold Price
$70,501
Premium/Discount to List
$2,501
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Citimortgage Inc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Feb 18, 2011
Sold by
Ayer James H and Citimortgage Inc
Bought by
Citimortgage Inc

Range of Values:

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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
Dearce Jhanna K $335,000 None Available
Dearce Jhanna K $335,000 None Available
Dearce Edwin $300,000 None Available
Dearce Edwin $300,000 None Available
Monteiro Carl $70,501 --
Monteiro Carl $70,501 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Citimortgage Inc $152,060 --
Citimortgage Inc $152,060 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearce Johanna K $7,500
Open Dearce Jhanna K $358,935
Closed Dearce Jhanna K $358,935
Previous Owner Dearce Edwin $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $300,000 -9.1% $109 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $330,000 0.0% $120 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $330,000 +368.1% $120 / Sq Ft
03/24/2014 03/24/14 Sold $70,501 +3.7% $31 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $68,000 -- $30 / 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 -- $188,100 $57,900 $130,200
2023 $0 $185,300 $57,900 $127,400
2022 $0 $185,300 $57,900 $127,400
2021 $0 $170,100 $42,700 $127,400
2020 $0 $170,100 $42,700 $127,400
2019 $0 $170,100 $42,700 $127,400
2018 $0 $152,800 $41,400 $111,400
2017 $0 $152,800 $41,400 $111,400
2016 -- $152,800 $41,400 $111,400
2015 -- $140,900 $39,400 $101,500
2014 $1,087 $140,900 $39,400 $101,500
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Frank DiPietro

    Dipietro Real Estate

    (401) 539-8181

    2 in this area

    80 Total Sales

    Frank DiPietro
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Larosa

    Keller Williams Coastal

    (401) 845-9200

    2 in this area

    54 Total Sales

    Sarah Larosa
    Section Image

  • K

    Seller's Agent in 2014

    Karen Hurst

    Stonehurst Realty

  • Barbara Scanlon

    Buyer's Agent in 2014

    Barbara Scanlon

    RE/MAX Town & Country

    31 Total Sales

    Barbara Scanlon
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1334953

State-Wide MLS

APN: WWAR-000006-000176-000000

Rhode Island Kent County West Warwick 02893 West Warwick Centre

226 Washington St, West Warwick, RI

Homes for Sale in West Warwick, RI

This home is located at 226 Washington St, West Warwick, RI 02893 since 05 May 2023. This property was built in 1940. 226 Washington St is a home located in Kent County with nearby schools including West Warwick High School.

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