$235,000
SOLD SEP 16, 2025
1 Bed
1 Bath
624 Sq Ft
$295/mo HOA Fee

Recently Sold

$377 Per Sq Ft

10 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Water Views
  • Active Adult
  • Balcony

About This Home

As of September 2025

Welcome to Ocean 40 Condominiums, a waterfront community set along Narragansett Bay. This one-bedroom unit offers a bright and open layout with sliders leading out to a private balcony to enjoy the coastal breeze. The bedroom is well-sized with ample closet space, and the full bath offers a large vanity top and plenty of storage space. Additional amenities include assigned parking, professional management, and a low monthly fee that includes heat and hot water. From this location, you're just steps to the waterfront and marinas, with local restaurants nearby and downtown East Greenwich only minutes away. A great choice for both owner-occupants and investors seeking an affordable coastal opportunity in a sought-after location.

Last Agent to Sell the Property

Paul Zarrella

Williams & Stuart Real Estate License #REB.0015470 Listed on: 08/27/2025

Last Buyer's Agent

Sharon Janikies

Keller Williams Coastal

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1970

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 624 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave

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
  • Balcony

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 07
  • Assessor Parcel Number 3940POSTRD7WARW

Community Details

Overview

  • Active Adult
  • Association fees include sewer
  • 40 Units
  • Cowesett Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 1970

Lot Details

0

HOA Fees

$295 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
  • Pets No Pets Comments: Cats,Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 624.0
  • Stories: 2

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Brick
  • Exterior Features: Balcony, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 3940POSTRD7WARW

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 2998.0
  • Tax Lot: 07
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2025
Closed on
Sep 16, 2025
Sold by
Clemente Robert J
Bought by
Diffley Robin and Delsignore Peter A
Seller's Agent
Paul Zarrella
Williams & Stuart Real Estate
Buyer's Agent
Sharon Janikies
Keller Williams Coastal
List Price
$235,000
Sold Price
$235,000
Views
60
Current Estimated Value
$235,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Ocean 40 Llc
Bought by
Clemente Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $235,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,920 Purchase Money Mortgage
Previous Owner $25,980 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2025 09/16/25 Sold $235,000 0.0% $377 / Sq Ft
09/06/2025 09/06/25 Pending -- -- --
08/27/2025 08/27/25 For Sale $235,000 -- $377 / Sq Ft
Source: State-Wide MLS

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

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1392019

State-Wide MLS

APN: WARW-000235-000018-000007