NOT LISTED FOR SALE

Estimated Value: $228,000 - $242,000

1 Bed
1 Bath
624 Sq Ft
$230/mo HOA Fee

Last Sold July 25, 2013

Last sale price $85,000 $136 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,705/month

60 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Cooling System Mounted In Outer Wall Opening
  • Golf Course Community
  • Intercom
  • Public Transportation

About This Home

As of July 2013

Great Opportunity Invest or Live near everything! Updated 1 bedroom unit with waterviews. Heat, Water & Sewer included in monthly fees. Not a Short Sale or foreclosure! Own for less than you can rent!

Last Agent to Sell the Property

Peter Izzi

HomeSmart Professionals License #REB.0016514 Listed on: 04/24/2013

Last Buyer's Agent

John Chapski

Coldwell Banker Realty License #REB.0018078

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,837

Year Built

  • Built in 1970

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 624 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Intercom

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number 3940POSTRD4WARW

Community Details

Overview

  • 40 Units
  • Cowesett Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,837

Year Built

Built in 1970

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • 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
  • Pets No Pets Comments: Small Dogs (under 25 lbs.)
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Living Area: 624.0
  • Dining Room Type: Dining Room, Kitchen
  • Stories: 2

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Wood Siding

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 230.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 3940POSTRD4WARW

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 1837.0
  • Tax Lot: 018
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jul 26, 2013
Sold by
Bevilacqua Peter J and Bevilacqua Carol M
Bought by
Naini Ahamed A and Naini Soheila A
Seller's Agent
Peter Izzi
HomeSmart Professionals
Buyer's Agent
John Chapski
Coldwell Banker Realty
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Current Estimated Value
$237,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,700
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Nov 7, 2005
Sold by
Ocean Forty Llc
Bought by
Bevilacqua Peter J and Bevilacqua Carol M

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
Interest Rate
5.85%
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
Naini Ahamed A $85,000 --
Bevilacqua Peter J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bevilacqua Peter J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2013 07/25/13 Sold $85,000 -15.0% $136 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $100,000 -- $160 / 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 $2,684 $211,300 $0 $211,300
2024 $2,322 $160,500 $0 $160,500
2023 $2,277 $160,500 $0 $160,500
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

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Map

Source: State-Wide MLS

MLS Number: 1039384

State-Wide MLS

APN: WARW-000235-000018-000004