NOT LISTED FOR SALE

41 Lane 1 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $236,027 - $324,000

1 Bed
1 Bath
525 Sq Ft
$557/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $14,000 $27 Per Sq Ft

Est. 1,989% increase in value since last sale

Current estimated payment $2,062/month

153 Days on Market

Highlights

  • Marina
  • Corner Lot
  • Walking Distance to Water
  • Wooded Lot
  • Cottage
  • Public Transportation

About This Home

As of March 2014

1 BED COTTAGE IN GASPEE POINT WATERVIEW AREA ON LEASED LAND.UPDATED SEWERS. NEEDS WORK, NO HEATING SYSTEM. SOLD AS IS.CASH/203K ONLY. ASSOCIATION FEE $295 PER MONTH PLUS $91 FOR SEWER ASSESMENT. SEE ALL ATTACHMNTS..

Last Agent to Sell the Property

Anthony Vecchiarelli

Real Broker, LLC License #RES.0012580 Listed on: 09/04/2013

Last Buyer's Agent

Anthony Vecchiarelli

Real Broker, LLC License #RES.0012580 Listed on: 09/04/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Fenced
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Clapboard

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 589
  • Assessor Parcel Number 41LANE1.WARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: GASPEE POINT
  • Above Grade Finished Sq Ft: 525.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Living Area: 525.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, None
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Connected, Sewer Assessment(s)
  • Utilities: Sewer Available, Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 41LANE1.WARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 622.0
  • Tax Lot: 589
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Mar 7, 2014
Sold by
Fnma
Bought by
Brill Rosemarie
Seller's Agent
Anthony Vecchiarelli
Real Broker, LLC
Buyer's Agent
Anthony Vecchiarelli
Real Broker, LLC
List Price
$31,500
Sold Price
$14,000
Premium/Discount to List
-$17,500
-55.56%
Current Estimated Value
$292,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,507
Avg. Annual Appreciation
32.64%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Mckenna Ann M
Bought by
Federal National Mortgage Association
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
Brill Rosemarie $14,000 --
Federal National Mortgage Association $37,935 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Ann M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $14,000 -55.6% $27 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
09/04/2013 09/04/13 For Sale $31,500 -- $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
2024 $2,127 $147,000 $0 $147,000
2023 $2,086 $147,000 $0 $147,000
2022 $830 $44,300 $0 $44,300
2021 $830 $44,300 $0 $44,300
2020 $830 $44,300 $0 $44,300
2019 $830 $44,300 $0 $44,300
2018 $901 $43,300 $0 $43,300
2017 $876 $43,300 $0 $43,300
2016 $876 $43,300 $0 $43,300
2015 $735 $35,400 $0 $35,400
2014 $710 $35,400 $0 $35,400
2013 $701 $35,400 $0 $35,400
Source: Public Records

Agents Affiliated with this Home

  • Anthony Vecchiarelli

    Seller's Agent in 2014

    Anthony Vecchiarelli

    Real Broker, LLC

    (401) 632-0494

    1 in this area

    19 Total Sales

    Anthony Vecchiarelli
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Map

Source: State-Wide MLS

MLS Number: 1050087

State-Wide MLS

APN: WARW-000305-000058-009541

Rhode Island Kent County Warwick 02888 Palace Garden

41 Lane 1, Warwick, RI

This home is located at 41 Lane 1, Warwick, RI 02888 since 04 September 2013 and is currently estimated at $292,507, approximately $557 per square foot. This property was built in 1935. 41 Lane 1 is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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