Seller's Agent in 2025
Tim Silvia
RI Real Estate Services
(401) 474-1889
5 in this area
85 Total Sales
28 Economy Ave Warwick, RI 02889
Conimicut-Shawomet Neighborhood
2
Beds
2
Baths
1,480
Sq Ft
14,375
Sq Ft Lot
Highlights
- Marina
- Golf Course Community
- Corner Lot
- Water Views
- Wood Flooring
- Recreation Facilities
About This Home
As of November 2025Charming 1910 Bungalow with Waterfront Views Nestled in the heart of Conimicut Village, this two-bedroom, two-bath early 20th-century bungalow offers sweeping views of Old Mill Cove and Narragansett Bay. Originally built in 1909/1910 as a summer cottage during Conimicut's tourism boom, it now stands as a timeless year-round retreat on a rare triple lot totaling one-third of an acre. The inviting farmer's porch sets the tone as you step into a spacious first floor, featuring an eat-in kitchen, dining area, and an expansive living room anchored by a striking stone fireplace. A full bath and laundry area add convenience, while a three-season sunroom extends the living space and showcases the seasonal waterfront scenery. Upstairs, two comfortable bedrooms share a full bath, along with a private balcony that captures serene views of Mill Cove and Narragansett Bay. Lovingly maintained by its original family for more than 50 years and thoughtfully modernized in the 1990s, the home has since been carefully updated and preserved with respect to its historic character. Don't miss the opportunity to own this unique piece of seaside history schedule your private showing today!
Last Agent to Sell the Property
RI Real Estate Services License #RES.0030534 Listed on: 10/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,508
Year Built
- Built in 1910
Lot Details
- 0.33 Acre Lot
- Corner Lot
Home Design
- Vinyl Siding
Interior Spaces
- 1,480 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Water Views
- Crawl Space
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 246
- Assessor Parcel Number 28ECONOMYAVWARW
Community Details
Overview
- Conimicut Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2025
Closed on
Nov 6, 2025
Sold by
Hartfelder Charles D and Panella Mary E
Bought by
Croteau Jennfier R
Seller's Agent
Tim Silvia
RI Real Estate Services
Buyer's Agent
Michael Russo
RI Real Estate Services
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,765
Avg. Annual Appreciation
3.66%
Original Mortgage
$382,000
Outstanding Balance
$380,917
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$24,437
Purchase Details
Listed on
Feb 20, 2020
Closed on
Mar 30, 2020
Sold by
Mccormack Sean
Bought by
Hartfelder Charles D and Panella Mary E
Seller's Agent
Tim Silvia
RI Real Estate Services
Buyer's Agent
Chart House, Realtors
Chart House Realtors
List Price
$229,900
Sold Price
$234,900
Premium/Discount to List
$5,000
2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Purchase Details
Closed on
Dec 18, 2009
Sold by
Madden Richard
Bought by
Mccormack Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2009
Sold by
Deutsche Bk and Mcclean
Bought by
Madden Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 26, 2005
Sold by
Paz William J
Bought by
Mcclean Kerri L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 2004
Sold by
Mountain James J
Bought by
Paz William J
Purchase Details
Closed on
Oct 16, 1992
Sold by
Mccaffrey Eugene Est
Bought by
Mountain James J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | -- | |
| Warranty Deed | $234,900 | None Available | |
| Deed | $140,000 | -- | |
| Foreclosure Deed | $95,200 | -- | |
| Deed | $265,000 | -- | |
| Deed | $197,000 | -- | |
| Warranty Deed | $30,000 | -- | |
| Warranty Deed | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,000 | Purchase Money Mortgage | |
| Previous Owner | $126,000 | Purchase Money Mortgage | |
| Previous Owner | $212,800 | Purchase Money Mortgage | |
| Previous Owner | $53,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Sold | $400,000 | 0.0% | $270 / Sq Ft | |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- | |
| 10/02/2025 10/02/25 | For Sale | $399,900 | +70.2% | $270 / Sq Ft | |
| 03/31/2020 03/31/20 | Sold | $234,900 | +2.2% | $159 / Sq Ft | View Prior Sale |
| 03/01/2020 03/01/20 | Pending | -- | -- | -- | |
| 02/20/2020 02/20/20 | For Sale | $229,900 | -- | $155 / 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 | $4,509 | $355,000 | $117,500 | $237,500 |
| 2024 | $4,287 | $296,300 | $102,200 | $194,100 |
| 2023 | $4,204 | $296,300 | $102,200 | $194,100 |
| 2022 | $3,975 | $212,200 | $64,700 | $147,500 |
| 2021 | $3,975 | $212,200 | $64,700 | $147,500 |
| 2020 | $3,975 | $212,200 | $64,700 | $147,500 |
| 2019 | $3,975 | $212,200 | $64,700 | $147,500 |
| 2018 | $3,686 | $182,100 | $82,400 | $99,700 |
| 2017 | $3,686 | $182,100 | $82,400 | $99,700 |
| 2016 | $3,686 | $182,100 | $82,400 | $99,700 |
| 2015 | $2,963 | $142,800 | $68,400 | $74,400 |
| 2014 | $2,865 | $142,800 | $68,400 | $74,400 |
| 2013 | $2,826 | $142,800 | $68,400 | $74,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Silvia
-
Michael Russo
Buyer's Agent in 2025
Michael Russo
RI Real Estate Services
(401) 465-0417
4 in this area
294 Total Sales
-
C
Buyer's Agent in 2020
Chart House, Realtors
Chart House Realtors
Map
Source: State-Wide MLS
MLS Number: 1395700
APN: WARW-000336-000246-000000
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