NOT LISTED FOR SALE

3940 Post Rd Unit 24 Warwick, RI 02886

Cowesett Neighborhood

Estimated Value: $226,000 - $254,188

1 Bed
1 Bath
624 Sq Ft
$255/mo HOA Fee

Last Sold February 06, 2023

Last sale price $205,000 $329 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,745/month

19 Days on Market

Highlights

  • Marina
  • Deck
  • Cooling System Mounted In Outer Wall Opening
  • Water Views
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of February 2023

Awesome second floor Ocean Forty condo with water view of Narragansett Bay from private deck. Open floor plan with laminate flooring, updated kitchen with granite countertops, modern cabinets and backsplash, and stainless steel appliances. Move in condition. Gas, including heat, hot water and stove, along with water usage, sewer, trash removal, snow removal, landscaping and exterior maintenance are all included in the monthly fee! Super location near shopping, restaurants, marinas, downtown and highway access.

Last Agent to Sell the Property

Bill Gaess

Keller Williams Coastal License #RES.0029228 Listed on: 01/17/2023

Keller Williams Coastal

Last Buyer's Agent

Nathan Clark

Your Home Sold Guaranteed, NCT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1970

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 624 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 0018/0023
  • Assessor Parcel Number 3940POSTRD24WARW

Community Details

Overview

  • Association fees include gas, heat, hot water, ground maintenance, parking, snow removal, trash, water
  • Cowesett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,233

Year Built

Built in 1970

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Cowesett
  • Above Grade Finished Sq Ft: 624.0
  • Building Name: Ocean Forty
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 624.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Gas, Heat, Hot Water, Maintenance Grounds, Parking, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 3940POSTRD24WARW
  • Zoning: condo
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2233.0
  • Tax Lot: 0018/0023
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Dec 9, 2022
Sold by
Spigel Donna and Spigel Robert
Bought by
Mahoney Shelby D
Seller's Agent
Bill Gaess
Keller Williams Coastal
Buyer's Agent
Nathan Clark
Your Home Sold Guaranteed, NCT
List Price
$204,900
Sold Price
$205,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$236,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,797
Avg. Annual Appreciation
5.30%
Original Mortgage
$162,000
Outstanding Balance
$156,935
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,862

Purchase Details

Closed on
Oct 12, 2005
Sold by
Ocean 40 Llc
Bought by
Spigel Donna and Spigel Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,920
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahoney Shelby D $202,500 None Available
Spigel Donna $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahoney Shelby D $162,000
Previous Owner Spigel Donna $107,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2023 02/06/23 Sold $205,000 0.0% $329 / Sq Ft
01/17/2023 01/17/23 For Sale $204,900 +28.1% $328 / Sq Ft
07/12/2021 07/12/21 Sold $160,000 -4.2% $256 / Sq Ft View Prior Sale
07/02/2021 07/02/21 For Sale $167,000 +36.9% $268 / Sq Ft
11/30/2018 11/30/18 Sold $122,000 -9.6% $196 / Sq Ft View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $134,900 -- $216 / 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 $2,915 $229,500 $0 $229,500
2024 $2,477 $171,200 $0 $171,200
2023 $2,429 $171,200 $0 $171,200
2022 $2,233 $119,200 $0 $119,200
2021 $2,233 $119,200 $0 $119,200
2020 $2,233 $119,200 $0 $119,200
2019 $2,233 $119,200 $0 $119,200
2018 $1,641 $78,900 $0 $78,900
2017 $1,597 $78,900 $0 $78,900
2016 $1,597 $78,900 $0 $78,900
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

  • Bill Gaess

    Seller's Agent in 2023

    Bill Gaess

    Keller Williams Coastal

    (401) 623-1543

    2 in this area

    31 Total Sales

    Bill Gaess
    Section Image
  • Nathan Clark

    Buyer's Agent in 2023

    Nathan Clark

    Your Home Sold Guaranteed, NCT

    (401) 232-8301

    13 in this area

    2,088 Total Sales

    Nathan Clark
    Section Image

  • P

    Seller's Agent in 2021

    Paul Campbell

    Coldwell Banker Realty

    (401) 632-6598

    2 in this area

    12 Total Sales

    Paul Campbell
    Section Image
  • Steve Cook

    Buyer's Agent in 2021

    Steve Cook

    Compass

    (401) 871-2110

    2 in this area

    89 Total Sales

    Steve Cook
    Section Image

  • E

    Seller's Agent in 2018

    Ellen Kallmeyer

    EXPERIENCE Real Estate

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1328236

State-Wide MLS

APN: WARW-000235-000018-000024

Rhode Island Kent County Warwick 02886 Cowesett

3940 Post Rd Unit 24, Warwick, RI

Not Listed for Sale

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