NOT LISTED FOR SALE

Estimated Value: $540,000 - $580,000

2 Beds
2 Baths
2,115 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $530,000 $251 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,998/month

32 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • 0.99 Acre Lot
  • Cathedral Ceiling

About This Home

As of June 2024

Welcome to 34 Lighthouse Lane - With breathtaking views of Narragansett Bay, this exclusive condominium offers a glimpse into history with its exterior honoring the heritage of its origins as a former dairy barn. Now transformed into a haven of modern elegance, this barndominium boasts four unique condominiums, each epitomizing five-star living. Step inside and discover a world of sophistication. A cherry kitchen, adorned with exposed beams, granite countertops and stainless steel appliances, beckons culinary adventures. The main level provides a spacious guest bedroom or home office, complete with a full bath, ensuring versatility and comfort for entertaining guests or working from home. A two-story brick fireplace, ascends to a sun-drenched second floor loft-style primary suite, with full bath. This expansive loft area can be tailored to suit your needs and perfect for a nursery, office, or an impressive walk-in closet/dressing room. Step out onto the Trex deck and enjoy panoramic water views year round. Energy-efficient heating and central air conditioning, ensures year-round comfort. Located just minutes from local marinas and country clubs. Come home to unwind in style and embrace the coastal lifestyle you've always dreamed of.

Last Agent to Sell the Property

Fava + Vieira Group

Compass Listed on: 04/18/2024

Compass

Last Buyer's Agent

Tom Wegner

Residential Properties Ltd. License #RES.0041513

Residential Properties Ltd.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1985

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $488 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,115 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Water Views
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 383
  • Assessor Parcel Number 34LIGHTHOUSELANEWARW

Community Details

Overview

  • Association fees include sewer, water
  • 4 Units
  • Warwick Neck/Rocky Point/Longmeadow Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,872

Year Built

Built in 1985

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.9871
  • Inclusions: Information Deemed Reliable, but is neither guaranteed nor independently verified. Buyers and buyer's agents to complete any and all due diligence.
  • Subdivision Name: Warwick Neck/Rocky Point/Longmeadow
  • Above Grade Finished Sq Ft: 2115.0
  • Building Name: Lighthouse Lane Condominium Association
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 2115.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 488.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Lot Size Sq Ft: 43000.0
  • Parcel #: 34LIGHTHOUSELANEWARW
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 5871.86
  • Tax Lot: 383
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 6, 2024
Sold by
Nerbonne William J
Bought by
Flatow Jennifer
Seller's Agent
Fava + Vieira Group
Compass
Buyer's Agent
Tom Wegner
Residential Properties Ltd.
List Price
$529,900
Sold Price
$530,000
Premium/Discount to List
$100
0.02%
Views
52
Current Estimated Value
$559,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,786
Avg. Annual Appreciation
4.71%
Original Mortgage
$250,000
Outstanding Balance
$247,964
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$312,874

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 7, 2021
Sold by
Sydney Development Llc
Bought by
Nerbonne William J
Seller's Agent
Regina Hosey
Williams & Stuart Real Estate
Buyer's Agent
David Mahoney
HomeSmart Professionals
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$303,920
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2018
Sold by
Guaranty Bank
Bought by
Sydney Development Llc

Purchase Details

Closed on
May 6, 2015
Sold by
Delgizzo Fred E
Bought by
Guaranty Bank

Purchase Details

Closed on
Jan 23, 2004
Sold by
Ricci Dorothy L
Bought by
Delgizzo Marie Webster and Delgizzo Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.89%
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 Buyer Sale Price Title Company
Flatow Jennifer $530,000 None Available
Flatow Jennifer $530,000 None Available
Nerbonne William J $379,900 None Available
Nerbonne William J $379,900 None Available
Sydney Development Llc $2,150 --
Guaranty Bank $221,250 --
Guaranty Bank $221,250 --
Delgizzo Marie Webster $345,000 --
Delgizzo Marie Webster $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flatow Jennifer $250,000
Closed Flatow Jennifer $250,000
Previous Owner Nerbonne William J $50,000
Previous Owner Nerbonne William J $303,920
Previous Owner Delgizzo Marie Webster $254,000
Previous Owner Delgizzo Marie Webster $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $530,000 0.0% $251 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $529,900 +39.5% $251 / Sq Ft
05/10/2021 05/10/21 Sold $379,900 0.0% $180 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $379,900 -- $180 / 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 $5,523 $381,700 $0 $381,700
2023 $5,416 $381,700 $0 $381,700
2022 $5,872 $313,500 $0 $313,500
2021 $5,872 $313,500 $0 $313,500
2020 $4,986 $266,200 $0 $266,200
2019 $4,986 $266,200 $0 $266,200
2018 $4,711 $226,500 $0 $226,500
2017 $4,584 $226,500 $0 $226,500
2016 $4,584 $226,500 $0 $226,500
2015 $4,754 $229,100 $0 $229,100
2014 $4,596 $229,100 $0 $229,100
2013 $4,534 $229,100 $0 $229,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1357060

State-Wide MLS

APN: WARW-000356-000383-000004