NOT LISTED FOR SALE

32 Railroad Row Warwick, RI 02886

Bald Hill Neighborhood

Estimated Value: $412,000 - $468,000

6 Beds
2.5 Baths
3,804 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $330,440 $87 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,760/month

8 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Recreation Facilities
  • Under Construction
  • Wood Flooring
  • Porch

About This Home

As of May 2023

Savvy Investors check this out!! Duplex style multi family in Warwick! 3 Beds each unit! Tenants pay their own utilities. ARV Rents potentially $2000+ a month per unit! Project is mid construction and awaiting your finishing touches! Cash or Conventional Mortgage only. Showing by appointment only. "As Is" Sale.

Last Agent to Sell the Property

Adam Cardinal

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0035208 Listed on: 03/15/2023

HomeSmart Professionals

Last Buyer's Agent

Kassi Mazzucco

Compass License #REB.0019698

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1915 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 3,804 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0016
  • Assessor Parcel Number 32RAILROADROWWARW

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • East Ave Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,775

Year Built

Built in 1915 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Inclusions: NO FHA. Conventional or Cash sale only due to condition.
  • Subdivision Name: East Ave
  • Above Grade Finished Sq Ft: 3804.0
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 1915
  • Attribution Contact: 401-921-5011
  • Special Features: 4098

Interior Features

  • Number Of Buildings: 2
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 32RAILROADROWWARW
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3775.0
  • Tax Lot: 0016
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 4, 2023
Sold by
Blair William R
Bought by
Blanco Gustavo C
Seller's Agent
Adam Cardinal
HomeSmart Professionals
Buyer's Agent
Kassi Mazzucco
Compass
List Price
$300,000
Sold Price
$330,440
Premium/Discount to List
$30,440
10.15%
Views
223
Current Estimated Value
$422,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,801
Avg. Annual Appreciation
10.52%
Original Mortgage
$313,918
Outstanding Balance
$306,884
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,996

Purchase Details

Closed on
Jun 24, 2019
Sold by
Warwick City Of
Bought by
Rhode Island Housing & Mtg
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 Buyer Sale Price Title Company
Blanco Gustavo C $330,400 None Available
Rhode Island Housing & Mtg $1,460 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Gustavo C $313,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $330,440 +10.1% $87 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $300,000 -- $79 / 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 $5,131 $354,600 $85,600 $269,000
2023 $5,032 $354,600 $85,600 $269,000
2022 $3,776 $201,600 $49,600 $152,000
2021 $3,776 $201,600 $49,600 $152,000
2020 $3,776 $201,600 $49,600 $152,000
2019 $3,517 $187,800 $49,600 $138,200
2018 $3,438 $165,300 $52,700 $112,600
2017 $3,346 $165,300 $52,700 $112,600
2016 $3,346 $165,300 $52,700 $112,600
2015 $3,245 $156,400 $54,500 $101,900
2014 $3,137 $156,400 $54,500 $101,900
2013 $3,095 $156,400 $54,500 $101,900
Source: Public Records

Agents Affiliated with this Home

  • Adam Cardinal

    Seller's Agent in 2023

    Adam Cardinal

    HomeSmart Professionals

    (866) 489-4674

    2 in this area

    179 Total Sales

    Section Image
  • Kassi Mazzucco

    Buyer's Agent in 2023

    Kassi Mazzucco

    Compass

    (401) 660-6222

    2 in this area

    140 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1331394

State-Wide MLS

APN: WARW-000263-000016-000000

Rhode Island Kent County Warwick 02886 Bald Hill

32 Railroad Row, Warwick, RI

This home is located at 32 Railroad Row, Warwick, RI 02886 since 15 March 2023 and is currently estimated at $434,602, approximately $114 per square foot. This property was built in 1915. 32 Railroad Row is a home located in Kent County with nearby schools including Islamic School of Rhode Island and St Joseph School.

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