NOT LISTED FOR SALE

Estimated Value: $500,000 - $529,000

4 Beds
2 Baths
1,664 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $450,000 $270 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,218/month

6 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • 0.38 Acre Lot
  • Wooded Lot
  • Corner Lot

About This Home

As of July 2023

Welcome to this charming two-family home nestled on a quiet dead-end street in Warwick, Rhode Island. Perfectly suited for both investors and owner-occupiers, this duplex property offers a wonderful opportunity to own a versatile dwelling in a peaceful and private neighborhood connected to sewer. Each unit has two bed and one full bath on second level. Washer/dryer hookups off the kitchen in both.
With its convenient location, spacious yard, and potential for rental income, this home presents a fantastic investment prospect. Occupy one unit, the vacant side was just completely remodeled, while renting out the other to help offset mortgage costs or accommodate extended family members.
Don't miss the opportunity to own this side-by-side duplex, providing flexibility and value in a sought-after location. Whether you're an investor looking to generate rental income or a family seeking dual living arrangements, this property offers the best of both worlds. Schedule a viewing today and envision the possibilities that await in this private and functional duplex home. Tenant is on month to month lease /current rent is below market with room for increase.

Last Agent to Sell the Property

Reena Gleason

RE/MAX ADVANTAGE GROUP License #RES.0043107 Listed on: 06/16/2023

RE/MAX ADVANTAGE GROUP

Last Buyer's Agent

James Rebello

HomeSmart Professionals License #RES.0034003

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Wooded Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 5 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 477
  • Assessor Parcel Number 3LYNDALEAVWARW

Community Details

Overview

  • 2 Units
  • Hoxie Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,868

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Subdivision Name: HOXIE
  • Above Grade Finished Sq Ft: 1664.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1969
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16553.0
  • Parcel #: 3LYNDALEAVWARW
  • Zoning: A7
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 3868.0
  • Tax Lot: 477
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dasilva Kimberly $432,742
Closed Dasilva Kimberly $412,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $450,000 +13.9% $270 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $395,000 -- $237 / 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 $4,817 $332,900 $101,000 $231,900
2023 $4,724 $332,900 $101,000 $231,900
2022 $3,868 $206,500 $74,100 $132,400
2021 $3,868 $206,500 $74,100 $132,400
2020 $3,868 $206,500 $74,100 $132,400
2019 $3,868 $206,500 $74,100 $132,400
2018 $3,838 $184,500 $74,100 $110,400
2017 $3,734 $184,500 $74,100 $110,400
2016 $3,734 $184,500 $74,100 $110,400
2015 $3,337 $160,800 $71,800 $89,000
2014 $3,226 $160,800 $71,800 $89,000
2013 $3,182 $160,800 $71,800 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1337653

State-Wide MLS

APN: WARW-000329-000477-000000