NOT LISTED FOR SALE

45 Lane 1 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $290,000 - $418,890

1 Bed
1 Bath
560 Sq Ft
$637/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $49,000 $88 Per Sq Ft

Est. 736% increase in value since last sale

Current estimated payment $3,010/month

166 Days on Market

Highlights

  • Water Views
  • Private Lot
  • Cottage
  • Water Access
  • Wooded Lot
  • Thermal Windows

About This Home

As of April 2014

Wonderful Gaspee community. Waterview from your kitchen, beats renting all day. Maintenance free exterior.Sewered. Some updates. Ready to close now. Well maintained Gaspee point with character and wonderful residents. Come take a look

Last Agent to Sell the Property

Nancy Crawley

Albert Realty Inc., REALTORS License #RES.0019424 Listed on: 10/15/2013

Last Buyer's Agent

Rossi, Lori

Coldwell Banker Realty License #RES.0028802

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1935

Lot Details

  • Private Lot
  • Secluded Lot
  • Wooded Lot

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 45LANE1LANEWARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 1935

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: GASPEE POINT
  • Above Grade Finished Sq Ft: 560.0
  • 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: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 560.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Senior Community: No
  • Association Fee: 385.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 45LANE1LANEWARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 940.0
  • Tax Lot: 58
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Apr 30, 2014
Sold by
Bellavance Richard
Bought by
Immel Douglas B
Seller's Agent
Nancy Crawley
Albert Realty Inc., REALTORS
Buyer's Agent
Rossi, Lori
Coldwell Banker Realty
List Price
$49,500
Sold Price
$49,000
Premium/Discount to List
-$500
-1.01%
Current Estimated Value
$409,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,727
Avg. Annual Appreciation
18.84%
Original Mortgage
$39,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bellavance Kathy M
Bought by
Bellavance Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Immel Douglas B $49,000 --
Bellavance Richard $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Immel Douglas B $42,500
Closed Immel Douglas B $42,500
Closed Bellavance Richard $41,000
Closed Bellavance Richard $39,200
Previous Owner Bellavance Richard $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $49,000 -1.0% $88 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $49,500 -- $88 / 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 $4,354 $300,900 $0 $300,900
2023 $4,270 $300,900 $0 $300,900
2022 $3,763 $200,900 $0 $200,900
2021 $2,465 $131,600 $0 $131,600
2020 $1,427 $76,200 $0 $76,200
2019 $1,427 $76,200 $0 $76,200
2018 $1,637 $78,700 $0 $78,700
2017 $1,579 $78,000 $0 $78,000
2016 $1,579 $78,000 $0 $78,000
2015 $1,004 $48,400 $0 $48,400
2014 $971 $48,400 $0 $48,400
2013 $958 $48,400 $0 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Nancy Crawley

    Seller's Agent in 2014

    Nancy Crawley

    Albert Realty Inc., REALTORS

    (401) 258-0852

    12 Total Sales

    Section Image
  • Rossi, Lori

    Buyer's Agent in 2014

    Rossi, Lori

    Coldwell Banker Realty

    (401) 480-1973

    57 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1053367

State-Wide MLS

APN: WARW-000305-000058-009545

Rhode Island Kent County Warwick 02888 Palace Garden

45 Lane 1, Warwick, RI

This home is located at 45 Lane 1, Warwick, RI 02888 since 15 October 2013 and is currently estimated at $356,973, approximately $637 per square foot. This property was built in 1935. 45 Lane 1 is a home located in Kent County with nearby schools including St. Peter School and Saint Paul School.

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