NOT LISTED FOR SALE

Estimated Value: $451,000 - $657,551

4 Beds
2 Baths
2,068 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $420,000 $203 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,468/month

137 Days on Market

Highlights

  • Marina
  • Guest House
  • 0.9 Acre Lot
  • Water Views
  • Golf Course Community
  • Colonial Architecture

About This Home

As of February 2024

Rare Opportunity to own a Unique 4 Bedroom Historic Home in The Highly Sought after Cowesett section of Warwick. Situated just down the road from East Greenwich's Vibrant Main Street with its restaurants and shopping and other amenities. This timeless home offers a unique blend of classic charm and endless potential. With Four bedrooms, two full bathrooms, and master bedroom being on the first floor, this property provides ample space for comfortable living.
The property also boasts a charming guest house with one bedroom, perfect for hosting visitors or creating an income-generating rental unit.
While this home holds the promise of a remarkable restoration and increased value, it does require work to bring it back to its former glory so NO FHA FINANCING. For those with a passion for historic preservation and design, this presents an exciting opportunity to breathe new life into a piece of the past.
With vacant house Lots in Cowesett recently listed and selling for between $400K to $510K, this home offers quite a bit of upside. With some vision and TLC, you can transform this historic gem into a masterpiece that will be celebrated for generations to come.

Last Agent to Sell the Property

Dan Goggin

Coldwell Banker Realty License #RES.0034108 Listed on: 09/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Rochelle Ziegler

Coldwell Banker Realty License #RES.0032215

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,109

Year Built

  • Built in 1775

Lot Details

  • 0.9

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Shingle Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • 0.9 Acre Lot
  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 0047
  • Assessor Parcel Number 4019POSTRDWARW

Community Details

Overview

  • Cowesett Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,109

Year Built

Built in 1775

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Subdivision Name: Cowesett
  • Above Grade Finished Sq Ft: 2068.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1775
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 2068.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Block, Stone
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 4019POSTRDWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7109.0
  • Tax Lot: 0047
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Feb 29, 2024
Sold by
Gay Dennis P and Gay Laura L
Bought by
King Avril and King Oliver G
Seller's Agent
Dan Goggin
Coldwell Banker Realty
Buyer's Agent
Rochelle Ziegler
Coldwell Banker Realty
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Views
846
Current Estimated Value
$523,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,106
Avg. Annual Appreciation
14.31%
Original Mortgage
$461,692
Outstanding Balance
$455,334
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$53,838
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
King Avril $420,000 None Available
King Avril $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Avril $461,692
Closed King Avril $461,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $420,000 -6.7% $203 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $450,000 -6.1% $218 / Sq Ft
11/07/2023 11/07/23 Price Changed $479,000 -4.0% $232 / Sq Ft
09/15/2023 09/15/23 For Sale $499,000 -- $241 / 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
2024 $7,249 $501,000 $182,500 $318,500
2023 $7,109 $501,000 $182,500 $318,500
2022 $6,659 $355,500 $121,800 $233,700
2021 $6,659 $355,500 $121,800 $233,700
2020 $6,659 $355,500 $121,800 $233,700
2019 $6,659 $355,500 $121,800 $233,700
2018 $5,702 $281,700 $131,700 $150,000
2017 $5,702 $281,700 $131,700 $150,000
2016 $5,702 $281,700 $131,700 $150,000
2015 $5,549 $267,400 $125,300 $142,100
2014 $5,364 $267,400 $125,300 $142,100
2013 $5,292 $267,400 $125,300 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1343429

State-Wide MLS

APN: WARW-000235-000047-000000