NOT LISTED FOR SALE

3940 Post Rd Unit 22 Warwick, RI 02886

Cowesett Neighborhood

Estimated Value: $208,000 - $248,931

1 Bed
1 Bath
324 Sq Ft
$250/mo HOA Fee

Last Sold May 14, 2020

Last sale price $75,000 $231 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,716/month

5 Days on Market

Highlights

  • Cooling Available
  • Baseboard Heating
  • Carpet
  • Patio

About This Home

As of May 2020

Opportunity awaits! End Unit in the Lovely Ocean Forty Complex. Quaint studio apartment in need of TLC. Fantastic location on the Warwick/East Greenwich line! Feel the breeze off the water on your patio! Minutes from all conveniences! Own for less than the cost of rent! This is a cash only or private/hard money loan property.

Last Agent to Sell the Property

Robert Crudale

RE/MAX Real Estate Center License #RES.0029602 Listed on: 04/08/2020

RE/MAX Real Estate Center

Last Buyer's Agent

Michael Saccoccio

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1970

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • 324 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 0018
  • Assessor Parcel Number 3940POSTRD22WARW

Community Details

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,504

Year Built

Built in 1970

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 324.0
  • Building Name: Ocean Forty
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 324.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Septic Tank
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 3940POSTRD22WARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1504.0
  • Tax Lot: 0018
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Maddalena Paula A
Bought by
Rayna Pass
Current Estimated Value
$232,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$88,783
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$143,450

Purchase Details

Closed on
Jan 11, 2006
Sold by
Ocean 40 Llc
Bought by
Maddalena Paula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,410
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rayna Pass $150,000 None Available
Maddalena Paula A $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayna Pass $100,000
Previous Owner Maddalena Paula A $108,000
Previous Owner Maddalena Paula A $121,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2020 05/14/20 Sold $75,000 +7.9% $231 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $69,500 -- $215 / 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 $2,911 $229,200 $0 $229,200
2024 $2,474 $171,000 $0 $171,000
2023 $2,426 $171,000 $0 $171,000
2022 $2,231 $119,100 $0 $119,100
2021 $2,231 $119,100 $0 $119,100
2020 $2,231 $119,100 $0 $119,100
2019 $2,231 $119,100 $0 $119,100
2018 $1,639 $78,800 $0 $78,800
2017 $1,595 $78,800 $0 $78,800
2016 $1,595 $78,800 $0 $78,800
2015 $1,596 $76,900 $0 $76,900
2014 $1,543 $76,900 $0 $76,900
2013 $1,522 $76,900 $0 $76,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Crudale

    Seller's Agent in 2020

    Robert Crudale

    RE/MAX Real Estate Center

    (401) 580-4080

    1 in this area

    55 Total Sales

    Robert Crudale
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Saccoccio

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Map

Source: State-Wide MLS

MLS Number: 1251341

State-Wide MLS

APN: WARW-000235-000018-000022

Rhode Island Kent County Warwick 02886 Cowesett

3940 Post Rd Unit 22, Warwick, RI

Not Listed for Sale

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