$98,000
SOLD MAR 27, 2018

30 Forrest St Warwick, RI 02889

3 Beds
2 Baths
1,848 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

48% Below List Price

348 Days on Market

Highlights

  • Waterfront
  • Heating System Uses Steam
  • Carpet
  • Recreation Facilities
  • Utility Room

About This Home

As of February 2020

Perfect opportunity for owner occupied, live on one floor and rent out the other. Taxed as a single family home with a legal in-law apartment. Downstairs has one larger bedroom and full bath. Second floor apartment has separate entrance with 1-2 beds and full bath. Both units have washer/dryer hook up. Second floor is currently rented and tenant is willing to remain as a renter. Newer gas/hot water. Private one way street, backyard is right on the water, great for recreation in the summer. Full walkout unfinished basement. Short sale with negotiator in place, price well below assessment. CASH ONLY SALE! Needs new roof and some replacement windows.

Last Agent to Sell the Property

valerie knight

Compass Rose Realty RI License #REC.0018246 Listed on: 03/13/2017

Last Buyer's Agent

Rose Gardner

Clockhouse Realty, Inc License #RES.0029855

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 5,000 Sq Ft Lot
  • Waterfront

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry in unit
  • Water Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 30ForrestSTWARW

Community Details

Overview

  • 4 Units
  • Oakland Beach Subdivision

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Oakland Beach
  • Above Grade Finished Sq Ft: 1848.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1992
  • Special Features: 4108

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Laminate, Other
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 30ForrestSTWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 4374.0
  • Tax Lot: 282
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Feb 25, 2020
Sold by
Patel Ronak and Patel She
Bought by
Arboleda Albeiro A and Arboleda Estela
Seller's Agent
Kerri Gemma
RE/MAX Properties
Buyer's Agent
Kerri Gemma
RE/MAX Properties
List Price
$239,900
Sold Price
$232,000
Premium/Discount to List
-$7,900
-3.29%
Current Estimated Value
$488,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,360
Avg. Annual Appreciation
12.66%
Original Mortgage
$174,000
Outstanding Balance
$155,371
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$286,180

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 27, 2018
Sold by
Gibbons Denise
Bought by
Patel Sheetal and Patel Ronak
Seller's Agent
valerie knight
Compass Rose Realty RI
Buyer's Agent
Rose Gardner
Clockhouse Realty, Inc
List Price
$189,000
Sold Price
$98,000
Premium/Discount to List
-$91,000
-48.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.65%
Original Mortgage
$40,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Gibbons Robert and Gibbons Everett E
Bought by
Gibbons Robert and Gibbons Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $232,000 None Available
Warranty Deed $98,000 --
Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,000 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $208,000 Purchase Money Mortgage
Previous Owner $26,000 No Value Available
Previous Owner $64,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $232,000 -3.3% $84 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $239,900 +144.8% $87 / Sq Ft
03/27/2018 03/27/18 Sold $98,000 -48.1% $53 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
03/13/2017 03/13/17 For Sale $189,000 -- $102 / 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 $5,106 $352,900 $132,800 $220,100
2023 $5,008 $352,900 $132,800 $220,100
2022 $4,697 $250,800 $72,300 $178,500
2021 $4,697 $250,800 $72,300 $178,500
2020 $4,697 $250,800 $72,300 $178,500
2019 $4,697 $250,800 $72,300 $178,500
2018 $4,426 $218,700 $72,300 $146,400
2017 $4,426 $218,700 $72,300 $146,400
2016 $4,426 $218,700 $72,300 $146,400
2015 $4,364 $210,300 $79,700 $130,600
2014 $4,219 $210,300 $79,700 $130,600
2013 $4,162 $210,300 $79,700 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1154005

State-Wide MLS

APN: WARW-000375-000282-000000