NOT LISTED FOR SALE

Estimated Value: $468,519 - $593,000

4 Beds
2 Baths
1,900 Sq Ft
$266/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $280,000 $147 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,020/month

19 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • Deck
  • Tennis Courts

About This Home

As of November 2017

Great rents, great location, great idea! Tons of newly paved parking, lovely water views from expansive decks, renovated interiors, all with 19th century charm. Fantastic owner occupancy or investment opportunity. Hard to find multi's in Warwick in this condition. Don't wait! This one won't last!

Last Agent to Sell the Property

Mike Mita

Flagship Real Estate Advisors Listed on: 09/20/2017

Last Buyer's Agent

Mike Mita

Flagship Real Estate Advisors Listed on: 09/20/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1895

Lot Details

  • 1,862

Home Design

  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 7 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 1,862 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 3410PostRDWARW

Community Details

Overview

  • 4 Units
  • Apponaug/Tollgate Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $12,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Subdivision Name: APPONAUG/TOLLGATE
  • Above Grade Finished Sq Ft: 1900.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1862.0
  • Parcel #: 3410PostRDWARW
  • Zoning: MIXED
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 12800.0

Tax Info

  • Tax Annual Amount: 3797.0
  • Tax Lot: 126
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Nov 7, 2017
Sold by
Flynn Kevin M and Manganaris Emma R
Bought by
Longo Brian S
Seller's Agent
Mike Mita
Flagship Real Estate Advisors
Buyer's Agent
Mike Mita
Flagship Real Estate Advisors
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$505,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,880
Avg. Annual Appreciation
7.48%
Original Mortgage
$254,308
Outstanding Balance
$211,965
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$293,915

Purchase Details

Listed on
Aug 23, 2014
Closed on
Jan 9, 2015
Sold by
Scanlon James
Bought by
Flynn Kevin M
Seller's Agent
Jack Silberman
Blue Star Properties
Buyer's Agent
Keith Barber
RE/MAX FLAGSHIP, INC.
List Price
$230,000
Sold Price
$210,500
Premium/Discount to List
-$19,500
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$168,400
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1988
Sold by
Cbk Group
Bought by
Blanding Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Longo Brian S $280,000 --
Flynn Kevin M $210,500 --
Blanding Michael $200,000 --
Blanding Michael $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Brian S $254,308
Previous Owner Blanding Michael $168,400
Previous Owner Blanding Michael $115,000
Previous Owner Blanding Michael $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2017 11/09/17 Sold $280,000 +1.8% $147 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $275,000 +30.6% $145 / Sq Ft
01/09/2015 01/09/15 Sold $210,500 -8.5% $113 / Sq Ft View Prior Sale
12/10/2014 12/10/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $230,000 -- $124 / 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
2025 $4,808 $378,600 $107,500 $271,100
2024 $4,740 $327,600 $95,700 $231,900
2023 $4,649 $327,600 $95,700 $231,900
2022 $4,593 $245,200 $77,700 $167,500
2021 $4,593 $245,200 $77,700 $167,500
2020 $4,593 $245,200 $77,700 $167,500
2019 $4,593 $245,200 $77,700 $167,500
2018 $3,902 $187,600 $64,600 $123,000
2017 $3,797 $187,600 $64,600 $123,000
2016 $3,797 $187,600 $64,600 $123,000
2015 $3,036 $146,300 $62,300 $84,000
2014 $2,935 $146,300 $62,300 $84,000
2013 $2,895 $146,300 $62,300 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1173657

State-Wide MLS

APN: WARW-000244-000126-000000