Seller's Agent in 2023
Sarah Principe
William Raveis Inspire
(401) 374-7064
7 in this area
96 Total Sales
31 Water St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $540,000 - $720,050
8
Beds
3
Baths
3,286
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Marina
- Attic
- Walking Distance to Water
- Wood Flooring
- Recreation Facilities
- Bathtub with Shower
About This Home
As of December 2023Perfect investment opportunity or primary residence with additional income to offset your mortgage! This building is located conveniently in the vibrant Water Street community full of restaurants, lounges and shopping. Or, enjoy the proximity to the water and the bike path, both just a couple of blocks away. The building has been well cared for and features vinyl siding, 3 replacement heating systems with tankless hot water, plenty of off-street parking, and NO flood insurance! The interior units are well maintained. The first floor units each feature their own private entrance. The second floor unit has been renovated, and can be expanded up to the third floor, where there is already rough plumbing, for more bedrooms or living space. A great value for the price!
Last Agent to Sell the Property
William Raveis Inspire License #RES.0033211 Listed on: 10/04/2023
Last Buyer's Agent
Non-Mls Member
Non-Mls Member
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,748
Year Built
- Built in 1850
Lot Details
- 6,229
Home Design
- Combination Foundation
- Vinyl Siding
Interior Spaces
- 3,286 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Permanent Attic Stairs
- Laundry in unit
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Parking
- 6 Parking Spaces
- No Garage
- Driveway
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Tankless Water Heater
Additional Features
- Walking Distance to Water
- 6,229 Sq Ft Lot
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 10
- Assessor Parcel Number 31WATERSTWARN
Community Details
Overview
- 3 Units
- Water St. Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Dec 15, 2023
Sold by
Fenster Andrew J
Bought by
31 Water St Llc
Seller's Agent
Sarah Principe
William Raveis Inspire
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$674,900
Sold Price
$595,000
Premium/Discount to List
-$79,900
-11.84%
Views
44
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
$36,763
Avg. Annual Appreciation
3.70%
Original Mortgage
$483,750
Outstanding Balance
$478,026
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,737
Purchase Details
Closed on
Aug 11, 2017
Sold by
Fenster Gary
Bought by
Fenster Andrew J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.89%
Mortgage Type
Unknown
Purchase Details
Listed on
Dec 5, 2016
Closed on
Mar 31, 2017
Sold by
Fournier Raymonds S
Bought by
Fenster Gary
Seller's Agent
Marie Mauricio
The Mello Group, Inc.
Buyer's Agent
Marie Mauricio
The Mello Group, Inc.
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 31 Water St Llc | $595,000 | None Available | |
| 31 Water St Llc | $595,000 | None Available | |
| Fenster Andrew J | $289,000 | -- | |
| Fenster Andrew J | $289,000 | -- | |
| Fenster Gary | $205,000 | -- | |
| Fenster Gary | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 31 Water St Llc | $483,750 | |
| Closed | 31 Water St Llc | $483,750 | |
| Previous Owner | Fenster Andrew J | $240,000 | |
| Previous Owner | Fenster Andrew J | $25,000 | |
| Previous Owner | Fournier Raymond S | $116,200 | |
| Previous Owner | Fournier Raymond S | $52,594 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $595,000 | -4.8% | $181 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | Price Changed | $624,900 | -7.4% | $190 / Sq Ft |
| 10/04/2023 10/04/23 | For Sale | $674,900 | +229.2% | $205 / Sq Ft |
| 03/30/2017 03/30/17 | Sold | $205,000 | -10.5% | $76 / Sq Ft |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 12/05/2016 12/05/16 | For Sale | $229,000 | -- | $85 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,133 | $494,000 | $182,500 | $311,500 |
| 2023 | $6,748 | $494,000 | $182,500 | $311,500 |
| 2022 | $5,738 | $318,600 | $115,100 | $203,500 |
| 2021 | $5,646 | $318,600 | $115,100 | $203,500 |
| 2020 | $5,531 | $318,600 | $115,100 | $203,500 |
| 2019 | $5,290 | $276,800 | $92,100 | $184,700 |
| 2018 | $5,220 | $276,800 | $92,100 | $184,700 |
| 2017 | $5,207 | $276,800 | $92,100 | $184,700 |
| 2016 | $5,058 | $253,300 | $78,100 | $175,200 |
| 2015 | $5,058 | $253,300 | $78,100 | $175,200 |
| 2014 | $5,084 | $253,300 | $78,100 | $175,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2023
Non-Mls Member
Non-Mls Member
-
Seller's Agent in 2017
Marie Mauricio
The Mello Group, Inc.
(508) 324-5536
4 in this area
60 Total Sales
-
Buyer Co-Listing Agent in 2017
Kim Teves
HomeSmart Professionals
(401) 996-6799
39 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1345120
APN: WARR-000002-000000-000010
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