$260,000
SOLD JUL 11, 2025

3940 Post Rd Unit 38 Warwick, RI 02886

Cowesett Neighborhood
1 Bed
1 Bath
624 Sq Ft
$295/mo HOA Fee

Recently Sold

$417 Per Sq Ft

6% Above List Price

29 Days on Market

Highlights

  • Marina
  • 1.41 Acre Lot
  • Bathtub with Shower
  • Water Views
  • Cooling System Mounted In Outer Wall Opening
  • Public Transportation

About This Home

As of July 2025

Absolutely lovely first floor condo overlooking Greenwich Bay, this 1-bedroom unit features brand new range, refrigerator, and flooring! With close proximity to East Greenwich's bustling Main Street, Apponaug, and major roads, Ocean 40 seamlessly blends water views with accessibility to shopping, beaches, restaurants and more! Perfect for buyers looking for low maintenance living. Make this bright yet cozy spot yours!

Last Agent to Sell the Property

Haley Rose

Edge Realty RI License #RES.0045657 Listed on: 06/03/2025

Co-Listed By

The Fraioli-Wilson Team

Edge Realty RI

Last Buyer's Agent

Eric Ouhrabka

HomeSmart Professionals License #REB.0049069

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 1970

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 37 / 18
  • Assessor Parcel Number 3940POSTRD38WARW

Community Details

Overview

  • Association fees include ground maintenance, parking, sewer, snow removal, trash, water
  • 40 Units
  • Cowesett Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,314

Year Built

Built in 1970

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.4129
  • Co List Office Mls Id: EDGE
  • Co List Office Phone: 401-783-1007
  • Inclusions: First floor, single level unit. There are five (5) steps down to unit from front door. Patio is walk-out.
  • Subdivision Name: Cowesett
  • Above Grade Finished Sq Ft: 624.0
  • 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
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 624.0
  • Stories: 1

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Sq Ft: 61546.0
  • Parcel #: 3940POSTRD38WARW

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 2314.0
  • Tax Block: 18
  • Tax Lot: 37
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Faghri Mohammad and Abed Nahid M
Bought by
Abed Mohammad F and Abed Nahid
Current Estimated Value
$236,118

Purchase Details

Closed on
Oct 6, 2008
Sold by
Poirier Clea V
Bought by
National City Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Rochefort Gail and Rochefort Nicholas R
Bought by
Poirier Clea V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.26%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Foreclosure Deed $105,000 --
Foreclosure Deed $105,000 --
Deed $175,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Sold $260,000 +6.2% $417 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $244,900 +38.0% $392 / Sq Ft
04/12/2021 04/12/21 Sold $177,500 +1.5% $284 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $174,900 -- $280 / 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 $2,680 $211,000 $0 $211,000
2024 $2,320 $160,300 $0 $160,300
2023 $2,275 $160,300 $0 $160,300
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

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Map

Source: State-Wide MLS

MLS Number: 1386345

State-Wide MLS

APN: WARW-000235-000018-000038