NOT LISTED FOR SALE

Estimated Value: $530,000 - $1,018,672

6 Beds
2 Baths
2,672 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $600,000 $225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,727/month

25 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Fireplaces
  • Barn
  • Attic
  • 3-minute walk to Warren Common

About This Home

As of March 2023

**BEST AND FINAL OFFERS DUE BY 6PM TUESDAY 2/7** Here's Your Chance to Own a Wonderful 2-Family in the Heart of Warren's Waterfront Historic District. 40 Lyndon St. has been in the same Family for 65 Years. Just steps to All the Eclectic Shops, Award Winning Restaurants, Town Beach, East Bay Bike Bath, Coffee Shops, Burrs Hill Park, and Much More. Each Unit in this Massive 2 Family has 1336 sq/ft of Living Space, 3 Bedrooms,1 Bath, and High Ceilings. The Interior retains much of the Original Charm with the Trim and Woodwork, yet the Home Features Many Recent Updates including New Clapboard Siding All the Way Around. New Windows Throughout the Entire Home. A New Heating System last year, And a Roof was done within the past 10 Years. The Yard is Very Spacious, Thanks to the Generous Lot going 'Front to Back' from Lyndon to Manning St. There's also a Historic Barn on the Property with an Interesting History. The Possibilities are endless with this Beauty. Live in One Unit and Collect Rent from the other. Or Future Use as a Massive Single Family Home. Possible Expansion into 3rd Floor 'Attic' for additional living space! Don't Wait to Own an Incredible Property in One of Warren's most Desirable Areas! (*Note: Some Photos Virtually Staged to Show Property Potential*)

Last Agent to Sell the Property

Matthew Romano

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0044322 Listed on: 01/13/2023

HomeSmart Professionals

Last Buyer's Agent

Matthew Romano

HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0044322 Listed on: 01/13/2023

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,223

Year Built

  • Built in 1840

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,672 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Laundry in unit
  • Utility Room
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Barn

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 59
  • Assessor Parcel Number 40LYNDONSTWARN

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Downtown Warren Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,223

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Inclusions: SELLER WANTS TO CONTINUE OCCUPANCY BY ENTERING LEASE AGREEMENT WITH NEW OWNER. Will NOT Qualify for All Types of Financing (Peeling Paint).
  • Subdivision Name: Downtown Warren
  • Above Grade Finished Sq Ft: 2672.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1840
  • Attribution Contact: 401-921-5011
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: Combination
  • Other Structures: Barn(s)

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Steam, Zoned
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 40LYNDONSTWARN
  • Zoning: 01
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5223.0
  • Tax Lot: 59
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 17, 2023
Sold by
Simmons Ft
Bought by
Smith Robert V and Smith Janet
Seller's Agent
Matthew Romano
HomeSmart Professionals
Buyer's Agent
Matthew Romano
HomeSmart Professionals
List Price
$519,900
Sold Price
$600,000
Premium/Discount to List
$80,100
15.41%
Current Estimated Value
$764,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,668
Avg. Annual Appreciation
10.23%
Original Mortgage
$397,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2013
Sold by
Simmons Philip C and Simmons Meredith R
Bought by
Simmons Ft
Source: Public Records

Range of Values:

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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
Smith Robert V $600,000 None Available
Simmons Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Robert V $570,500
Closed Smith Robert V $397,500
Previous Owner Simmons Philip $100,000
Previous Owner Simmons Philip $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $600,000 +15.4% $225 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $519,900 -- $195 / 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 $7,104 $477,100 $192,700 $284,400
2024 $6,889 $477,100 $192,700 $284,400
2023 $6,517 $477,100 $192,700 $284,400
2022 $5,579 $309,800 $121,700 $188,100
2021 $5,490 $309,800 $121,700 $188,100
2020 $5,378 $309,800 $121,700 $188,100
2019 $4,443 $232,500 $97,500 $135,000
2018 $4,387 $232,600 $97,600 $135,000
2017 $4,375 $232,600 $97,600 $135,000
2016 $4,212 $210,900 $78,800 $132,100
2015 $4,212 $210,900 $78,800 $132,100
2014 $4,233 $210,900 $78,800 $132,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1327692

State-Wide MLS

APN: WARR-000005-000000-000059