NOT LISTED FOR SALE

28 Lane 1 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $326,000 - $454,084

2 Beds
1 Bath
1,305 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $189,900 $146 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,799/month

10 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Attic

About This Home

As of February 2020

MOVE IN READY!! Beautiful Ranch Home in Gaspee Point!! Fully Remodeled 1300 sq ft home with 2 Great Size Bedrooms, 1 Bath, Updated kitchen with Corian countertops, Cozy Den with a Wood Fireplace, Living room, Dining room, Laundry on first floor, Alarmed, Gas Heat/Water, Gas Radiant Heated Floors, A/C, Finished heated basement, Vinyl Sided, 1 Detached Garage. Great size backyard with a Fire Pit for entertaining!! Enjoy a peaceful walk or kayaking on Gaspee Points private beach! Property is on leased land, the lease fee $321/monthly plus $91 monthly sewer assessment fee. Subject to Buyer approval by the Association. No Flood Insurance Needed!!! Pets ARE Allowed!! Don't miss out!

Last Agent to Sell the Property

Marion Page

HomeSmart Professionals License #RES.0041201 Listed on: 12/26/2019

HomeSmart Professionals

Last Buyer's Agent

Marion Page

HomeSmart Professionals License #RES.0041201 Listed on: 12/26/2019

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1935

Lot Details

  • Security Fence
  • Land Lease

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 58-9528
  • Assessor Parcel Number 28LANE1LANEWARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,931

Year Built

Built in 1935

Lot Details

0

HOA Fees

$412 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Gaspee Point
  • Above Grade Finished Sq Ft: 1305.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 1305.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Hot Water, Radiant, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 412.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: Yes
  • Parcel #: 28LANE1LANEWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2931.25
  • Tax Lot: 58-9528
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2002
Sold by
Sullivan Lillian G
Bought by
Cirelli Michael D
Current Estimated Value
$380,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Cirelli Michael D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cirelli Michael D $15,000
Open Cirelli Michael D $105,000
Closed Cirelli Michael D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $189,900 0.0% $146 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $189,900 -- $146 / 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 $3,822 $264,100 $0 $264,100
2023 $3,748 $264,100 $0 $264,100
2022 $3,589 $191,600 $0 $191,600
2021 $3,184 $170,000 $0 $170,000
2020 $2,931 $156,500 $0 $156,500
2019 $2,931 $156,500 $0 $156,500
2018 $2,517 $121,000 $0 $121,000
2017 $2,449 $121,000 $0 $121,000
2016 $2,449 $121,000 $0 $121,000
2015 $2,401 $115,700 $0 $115,700
2014 $2,321 $115,700 $0 $115,700
2013 $2,290 $115,700 $0 $115,700
Source: Public Records

Agents Affiliated with this Home

  • Marion Page

    Seller's Agent in 2020

    Marion Page

    HomeSmart Professionals

    (401) 742-8091

    8 in this area

    27 Total Sales

    Marion Page
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Map

Source: State-Wide MLS

MLS Number: 1243461

State-Wide MLS

APN: WARW-000305-000058-009528

Rhode Island Kent County Warwick 02888 Palace Garden

28 Lane 1, Warwick, RI

This home is located at 28 Lane 1, Warwick, RI 02888 since 26 December 2019 and is currently estimated at $380,271, approximately $291 per square foot. This property was built in 1935. 28 Lane 1 is a home located in Kent County with nearby schools including St. Peter School, Saint Paul School, and Saint Kevin School.

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