Seller's Agent in 2025
Lucy Heelon
RE/MAX Real Estate Center
(401) 641-2221
1 in this area
81 Total Sales
3 Jefferson St Warwick, RI 02888
Palace Garden Neighborhood
3
Beds
2
Baths
1,479
Sq Ft
0.44
Acres
Highlights
- 0.44 Acre Lot
- Wood Flooring
- 1 Car Detached Garage
- Wooded Lot
- Attic
- Thermal Windows
About This Home
As of July 2025Don't miss the chance to own this well-maintained two-family home in the heart of Warwick. The first floor offers two spacious bedrooms, beautiful hardwood floors throughout, and a generous living and dining area perfect for comfortable living or rental income. The second-floor unit was recently renovated, offering modern updates and move-in-ready appeal. Exterior features include low-maintenance vinyl siding and a detached garage, all situated on a nearly half-acre lot ideal for outdoor entertaining, gardening, or future expansion. Whether you're an investor or looking to live in one unit and rent the other, this property offers great value and potential.
Last Agent to Sell the Property
RE/MAX Real Estate Center License #RES.0028935 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,898
Year Built
- Built in 1915
Lot Details
- 0.44 Acre Lot
- Wooded Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Brick Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,479 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Utility Room
- Laundry Room
- Storm Doors
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Patio
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 510
- Assessor Parcel Number 3JEFFERSONSTWARW
Community Details
Overview
- 2 Units
- Lakewood Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Building Details
- Operating Expense $10,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jul 2, 2025
Sold by
Rainville Denise A
Bought by
Cabral Nicolaus D
Seller's Agent
Lucy Heelon
RE/MAX Real Estate Center
Buyer's Agent
Yvonne Sousa
RISE REC
List Price
$459,900
Sold Price
$465,000
Premium/Discount to List
$5,100
1.11%
Views
59
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
-$5,059
Avg. Annual Appreciation
-1.81%
Original Mortgage
$15,000
Outstanding Balance
$14,910
Interest Rate
6.86%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$445,031
Purchase Details
Closed on
May 22, 1998
Sold by
Falcone Kim B
Bought by
Rainville Andrew P and Rainville Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | -- | |
| Warranty Deed | $465,000 | -- | |
| Warranty Deed | $96,000 | -- | |
| Warranty Deed | $96,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $15,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $78,000 | No Value Available | |
| Previous Owner | $90,000 | No Value Available | |
| Previous Owner | $91,200 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $465,000 | +1.1% | $314 / Sq Ft |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $459,900 | -- | $311 / 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 | $5,147 | $405,300 | $148,700 | $256,600 |
| 2024 | $4,755 | $328,600 | $129,200 | $199,400 |
| 2023 | $4,663 | $328,600 | $129,200 | $199,400 |
| 2022 | $4,634 | $247,400 | $94,900 | $152,500 |
| 2021 | $4,634 | $247,400 | $94,900 | $152,500 |
| 2020 | $4,634 | $247,400 | $94,900 | $152,500 |
| 2019 | $4,634 | $247,400 | $94,900 | $152,500 |
| 2018 | $4,071 | $195,700 | $94,900 | $100,800 |
| 2017 | $3,961 | $195,700 | $94,900 | $100,800 |
| 2016 | $3,961 | $195,700 | $94,900 | $100,800 |
| 2015 | $4,324 | $208,400 | $105,800 | $102,600 |
| 2014 | $4,181 | $208,400 | $105,800 | $102,600 |
| 2013 | $4,124 | $208,400 | $105,800 | $102,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lucy Heelon
-
Yvonne Sousa
Buyer's Agent in 2025
Yvonne Sousa
RISE REC
(401) 379-2929
4 in this area
168 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1385706
APN: WARW-000293-000510-000000
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