NOT LISTED FOR SALE

257 Promenade Ave Warwick, RI 02886

Buttonwoods Neighborhood

Estimated Value: $364,000

4 Beds
2.5 Baths
4,189 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $637,500 $152 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $1,906/month

37 Days on Market

Highlights

  • Beach Front
  • 0.44 Acre Lot
  • Private Lot
  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2014

INCREDIBLE OPPORTUNITY; 2 HOUSES ON WATER; MAIN HOUSE IN NEED OF REHABILITATION; 2900 SQ FT MAIN RESIDENCE; 1300 GUEST COTTAGE; SWIMMING POOL; SANDY BEACH; PRICED FOR VALUE OF LAND..SOLD AS IS; AMAZING OPPORTUNITY; CALL NOW

Last Agent to Sell the Property

Ron Phipps

Compass License #REB.0010464 Listed on: 08/02/2014

Compass

Last Buyer's Agent

Ronald Phipps

Phipps Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,067

Year Built

  • Built in 1891

Lot Details

  • 0.44 Acre Lot
  • Beach Front
  • Fenced
  • Private Lot
  • Secluded Lot

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Pool

  • In Ground Pool

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 182,183
  • Assessor Parcel Number 257PROMENADEAVWARW

Community Details

Overview

  • Olde Buttonwoods Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,067

Year Built

Built in 1891

Lot Details

0.44 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.4439
  • Subdivision Name: OLDE BUTTONWOODS
  • Above Grade Finished Sq Ft: 2889.0
  • Architectural Style: Colonial, Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1891
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1300.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cable TV
  • Living Area: 4189.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded
  • Pool Features: In Ground
  • Waterfront Features: Beach Front
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 19336.0
  • Parcel #: 257PROMENADEAVWARW

Tax Info

  • Tax Annual Amount: 15067.0
  • Tax Lot: 182,183
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2014
Closed on
Oct 10, 2014
Sold by
Porter 3Rd William J and Woodruff Kathleen R
Bought by
Conforti John D and Morse Lori A
Seller's Agent
Ron Phipps
Compass
Buyer's Agent
Ronald Phipps
Phipps Realty
List Price
$675,000
Sold Price
$637,500
Premium/Discount to List
-$37,500
-5.56%
Current Estimated Value
$364,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$273,500
Avg. Annual Appreciation
-4.81%
Original Mortgage
$315,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1996
Sold by
Martin Albert J and Martin Barbara
Bought by
Woodruff Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage
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
Conforti John D $637,500 --
Woodruff Kathleen R $420,000 --
Woodruff Kathleen R $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Woodruff Kathleen R $315,000
Previous Owner Woodruff Kathleen R $428,400
Previous Owner Woodruff Kathleen R $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $637,500 -5.6% $152 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/03/2014 08/03/14 For Sale $675,000 -- $161 / Sq Ft
Source: State-Wide MLS

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 $446 $35,100 $29,900 $5,200
2024 $313 $21,600 $16,400 $5,200
2023 $307 $21,600 $16,400 $5,200
2022 $352 $18,800 $13,600 $5,200
2021 $352 $18,800 $13,600 $5,200
2020 $352 $18,800 $13,600 $5,200
2019 $352 $18,800 $13,600 $5,200
2018 $356 $17,100 $11,900 $5,200
2017 $346 $17,100 $11,900 $5,200
2016 $346 $17,100 $11,900 $5,200
2015 $598 $28,800 $23,600 $5,200
2014 $578 $28,800 $23,600 $5,200
2013 $570 $28,800 $23,600 $5,200
Source: Public Records

Agents Affiliated with this Home

  • Ron Phipps

    Seller's Agent in 2014

    Ron Phipps

    Compass

    (401) 640-7097

    2 Total Sales

    Ron Phipps
    Section Image

  • R

    Buyer's Agent in 2014

    Ronald Phipps

    Phipps Realty

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Map

Source: State-Wide MLS

MLS Number: 1075262

State-Wide MLS

APN: WARW-000373-000183-000000

Rhode Island Kent County Warwick 02886 Buttonwoods

257 Promenade Ave, Warwick, RI

Not Listed for Sale

Detached

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