NOT LISTED FOR SALE

Estimated Value: $221,000 - $246,180

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

Last Sold October 11, 2017

Last sale price $125,000 $200 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,699/month

12 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Water Views
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of October 2017

LOCATION! LOCATION! Grab your morning coffee and enter onto your patio. Feel the bay breeze while enjoying your soothing view of Greenwich Bay. This one level condo is in walking distance to water front restaurants and shops. Close to East Greenwich Main Street for a night on the town. Condo features updated kitchen and appliances. New flooring and bath. Plenty of space in this spacious 1 bedroom/1 bathroom unit. Condo fees include: water, sewer, landscaping, rubbish, snow removal, heat and hot water. Furry friends are welcome. Don't miss this move in ready unit!!

Last Agent to Sell the Property

Lynn Forlini

HomeSmart Professionals License #REB.0018546 Listed on: 08/29/2017

HomeSmart Professionals

Last Buyer's Agent

Tracey Colucci

Century 21 Guardian Realty License #RES.0026450

Century 21 Guardian Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1970

HOA Fees

  • $230 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
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot B/6
  • Assessor Parcel Number 3940PostRDWARW

Community Details

Overview

  • Greenwich Bay Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,595

Year Built

Built in 1970

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GREENWICH BAY
  • 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
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 624.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Dock Access, Walk to Water
  • Construction Type: Drywall, Brick
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 3940PostRDWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1595.0
  • Tax Lot: B/6
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 10, 2017
Sold by
Thomas F Dipaolo Irt
Bought by
Franzone Michael P
Seller's Agent
Lynn Forlini
HomeSmart Professionals
Buyer's Agent
Tracey Colucci
Century 21 Guardian Realty
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$236,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,545
Avg. Annual Appreciation
8.17%
Original Mortgage
$87,500
Outstanding Balance
$72,814
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,731

Purchase Details

Closed on
Aug 28, 2015
Sold by
Decristofaro Lawrence
Bought by
Thomas F Dipaolo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Ocean 40 Llc
Bought by
Decristofaro Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
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
Franzone Michael P $125,000 --
Thomas F Dipaolo T $98,000 --
Decristofaro Lawrence $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzone Michael P $87,500
Previous Owner Decristofaro Lawrence $30,000
Previous Owner Decristofaro Lawrence $77,600
Previous Owner Decristofaro Lawrence $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2017 10/11/17 Sold $125,000 0.0% $200 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $125,000 -- $200 / 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: 1171995

State-Wide MLS

APN: WARW-000235-000018-000006