NOT LISTED FOR SALE

40 Union St Warren, RI 02885

Downtown Warren Neighborhood

Estimated Value: $342,603 - $636,000

6 Beds
3 Baths
3,582 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $150,000 $42 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $3,274/month

285 Days on Market

About This Home

As of March 2013

Family owned house 3 appts with potential for 4th unit to increase income. With some exterior TLC and the updates of the interior, it is a great investment, especially with the limited rentals in this great town of Warren. Owner listen to offers.

Last Agent to Sell the Property

Muhammad Mushtaq

SBA Realty Group License #REC.0161963 Listed on: 05/02/2012

SBA Realty Group

Last Buyer's Agent

Muhammad Mushtaq

Weichert, Realtors - Sba Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Clapboard

Interior Spaces

  • 3,582 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 40UNIONSTWARN

Community Details

Overview

  • 3 Units
  • Union St Subdivision

Building Details

  • Operating Expense $7,285

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: SBAR
  • Co List Office Phone: 508-443-3443
  • Subdivision Name: UNION ST
  • Above Grade Finished Sq Ft: 3582.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Other
  • Living Area: 3582.0
  • Stories: 2

Exterior Features

  • Construction Type: Clapboard

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 40UNIONSTWARN
  • Zoning: Res

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7285.0

Tax Info

  • Tax Annual Amount: 4284.6
  • Tax Lot: 89
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Mar 18, 2013
Sold by
Stours Stours L and Stours Linda C
Bought by
Barlow William and Barlow Jeanne
Seller's Agent
Muhammad Mushtaq
SBA Realty Group
Buyer's Agent
Muhammad Mushtaq
Weichert, Realtors - Sba Group
List Price
$215,400
Sold Price
$150,000
Premium/Discount to List
-$65,400
-30.36%
Current Estimated Value
$533,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,651
Avg. Annual Appreciation
10.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barlow William $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $150,000 -30.4% $42 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
05/03/2012 05/03/12 For Sale $215,400 -- $60 / 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 $6,038 $405,500 $94,200 $311,300
2024 $5,855 $405,500 $94,200 $311,300
2023 $5,539 $405,500 $94,200 $311,300
2022 $5,266 $292,400 $87,100 $205,300
2021 $5,181 $292,400 $87,100 $205,300
2020 $5,076 $292,400 $87,100 $205,300
2019 $4,705 $246,200 $55,300 $190,900
2018 $4,643 $246,200 $55,300 $190,900
2017 $4,631 $246,200 $55,300 $190,900
2016 $4,551 $227,900 $72,000 $155,900
2015 $4,551 $227,900 $72,000 $155,900
2014 $4,574 $227,900 $72,000 $155,900
Source: Public Records

Agents Affiliated with this Home

  • Muhammad Mushtaq

    Seller's Agent in 2013

    Muhammad Mushtaq

    SBA Realty Group

    (508) 982-4824

    37 Total Sales

    Muhammad Mushtaq
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Map

Source: State-Wide MLS

MLS Number: 1016468

State-Wide MLS

APN: WARR-000002-000000-000089

Rhode Island Bristol County Warren 02885 Downtown Warren

40 Union St, Warren, RI

Not Listed for Sale

MultiFamily

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