NOT LISTED FOR SALE

24 Lane 2 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $382,404 - $423,000

2 Beds
1 Bath
876 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $170,000 $194 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,914/month

41 Days on Market

Highlights

  • Ocean Front
  • Attic
  • Recreation Facilities
  • Beach Access
  • Cottage
  • Porch

About This Home

As of October 2017

BEACHFRONT 2 BEDROOM GASPEE POINT COTTAGE WITH PANORMAIC VIEWS OF NARRAGANSETT BAY - AND NO FLOOD INSURANCE NEEDED! ENJOY THE SHIPS PASSING FROM AN UPDATED SCREEN PORCH, OR JUST ENJOY THE SERENITY OF THE OVERSIZED LANDSCAPED FENCED REAR YARD. WELL MAINTAINED PROPERTY ON LEASED LAND. VERY WELL MANAGED ASSOCIATION AND VERY COMPETENT MANAGEMENT COMPANY. OVERSIZED OUT BUILDING AND PLENTY OF PARKING. CONNECTED TO SEWERS. WON'T FIND A BETTER VIEW IN RHODE ISLAND IN THIS PRICE RANGE. PRIVATE, SAFE, VIEWS - COME JOIN THE LIFESTYLE!

Last Agent to Sell the Property

Barry Sullivan

The Margin Group License #REB.0015075 Listed on: 08/02/2017

Last Buyer's Agent

Linda Dimauro

Redfin Corporation License #RES.0042075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1937

Lot Details

  • Ocean Front
  • Fenced
  • Land Lease

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Outbuilding
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 24Lane2NoneWARW

Community Details

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1937

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 876.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1937
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 876.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Ocean Front, Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer, Sewer Assessment(s)
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area
  • Senior Community: No
  • Association Fee: 364.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: Yes
  • Parcel #: 24Lane2NoneWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2750.0
  • Tax Lot: 58
  • Tax Year: 2017

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $170,000 -10.5% $194 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $189,900 -- $217 / 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 $5,094 $401,100 $0 $401,100
2024 $3,311 $228,800 $0 $228,800
2023 $3,247 $228,800 $0 $228,800
2022 $3,012 $160,800 $0 $160,800
2021 $3,012 $160,800 $0 $160,800
2020 $2,733 $145,900 $0 $145,900
2019 $2,733 $145,900 $0 $145,900
2018 $2,827 $135,900 $0 $135,900
2017 $2,751 $135,900 $0 $135,900
2016 $2,751 $135,900 $0 $135,900
2015 $2,695 $129,900 $0 $129,900
2014 $2,606 $129,900 $0 $129,900
2013 $2,571 $129,900 $0 $129,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barry Sullivan

    The Margin Group

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1169603

State-Wide MLS

APN: WARW-000305-000058-009624

Rhode Island Kent County Warwick 02888 Palace Garden

24 Lane 2, Warwick, RI

Not Listed for Sale

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