NOT LISTED FOR SALE

Estimated Value: $497,000 - $642,431

6 Beds
3 Baths
2,638 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $475,000 $180 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,781/month

25 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Thermal Windows
  • Wood Flooring
  • Walking Distance to Water
  • Porch

About This Home

As of November 2021

Great investment opportunity and location! This renewed three family is located in the very modish Water Street area of Warren, RI. High rental income potential plus the fully updated 3rd floor unit is open to move into if you chose. Just blocks away from award winning restaurants, coffee shops, shops and art galleries. Too many wonderful restaurants, pubs and other venues to list. Water amenities including the Warren Town Beach, Town dock and Marinas which are in very close proximity to this property. Jump on the East Bay Bike path to travel to waterfront communities from Bristol to Providence. This property has some off-street parking. All utilities are separated including gas, electric and water. The exterior of the building has just been clapboarded and painted. Warren is a happening place where both owners and tenants want to live. I hope to see you soon!

Last Agent to Sell the Property

Sam Butterfield

RE/MAX River's Edge License #RES.0019595 Listed on: 10/22/2021

RE/MAX River's Edge

Last Buyer's Agent

Tyler Cote

Cote Partners Realty LLC License #REB.0019751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,638 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 3941WATERSTWARN

Community Details

Overview

  • 3 Units
  • Water Street Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,474

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Subdivision Name: Water Street
  • Above Grade Finished Sq Ft: 2638.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer, Storm Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 3941WATERSTWARN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4474.0
  • Tax Lot: 114
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 16, 2021
Sold by
Proulx Jason and Proulx Jennifer
Bought by
Cote Enterprises Llc
Seller's Agent
Sam Butterfield
RE/MAX River's Edge
Buyer's Agent
Tyler Cote
Cote Partners Realty LLC
List Price
$425,000
Sold Price
$475,000
Premium/Discount to List
$50,000
11.76%
Current Estimated Value
$593,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,358
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Lombardo Anne and Lombardo James
Bought by
Proulx Jason and Cyr Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cote Enterprises Llc $475,000 None Available
Proulx Jason $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Proulx Jason $272,000
Previous Owner Proulx Jason $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $475,000 +11.8% $180 / Sq Ft
10/22/2021 10/22/21 For Sale $425,000 -- $161 / 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 $6,873 $461,600 $145,400 $316,200
2024 $6,666 $461,600 $145,400 $316,200
2023 $6,305 $461,600 $145,400 $316,200
2022 $4,535 $251,800 $91,600 $160,200
2021 $4,474 $252,500 $91,600 $160,900
2020 $4,383 $252,500 $91,600 $160,900
2019 $4,109 $215,000 $73,300 $141,700
2018 $3,927 $208,200 $73,300 $134,900
2017 $3,916 $208,200 $73,300 $134,900
2016 $4,146 $207,600 $65,400 $142,200
2015 $4,146 $207,600 $65,400 $142,200
2014 $4,167 $207,600 $65,400 $142,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1296820

State-Wide MLS

APN: WARR-000002-000000-000114