NOT LISTED FOR SALE

47 Lane 4 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $258,000 - $429,000

2 Beds
1 Bath
1,040 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $81,360 $78 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $2,165/month

468 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Walking Distance to Water
  • 80 Acre Lot
  • Tennis Courts
  • Storm Windows

About This Home

As of October 2015

PENDING 3RD PARTY APPROVAL. SPACIOUS 3-4 BED CAPE ON LEASED LAND IN IDEAL NEIGHBORHOOD.

Last Agent to Sell the Property

Jason Smith

JDS Realty Group License #REB.0016371 Listed on: 05/28/2014

Last Buyer's Agent

Janice Hay

Right Move RI, LLC License #REB.0007171

Right Move RI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1955

Lot Details

  • 80 Acre Lot
  • Land Lease

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 220 Volts
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 47LANE4.WARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,743

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 80.0
  • Subdivision Name: GASPEE POINT
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 12
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1040.0
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Fuses, 220 Volts
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 3484800.0
  • Parcel #: 47LANE4.WARW

Tax Info

  • Tax Annual Amount: 1743.0
  • Tax Block: 0000
  • Tax Lot: 58
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2006
Sold by
Pereira Christy J
Bought by
Bottella Rachel M
Current Estimated Value
$342,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,720
Outstanding Balance
$63,880
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,361
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
Bottella Rachel M $133,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bottella Rachel M $106,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $81,360 -36.3% $78 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $127,700 -- $123 / 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 $4,505 $354,700 $0 $354,700
2024 $2,544 $175,800 $0 $175,800
2023 $2,495 $175,800 $0 $175,800
2022 $2,740 $146,300 $0 $146,300
2021 $2,740 $146,300 $0 $146,300
2020 $2,740 $146,300 $0 $146,300
2019 $2,740 $146,300 $0 $146,300
2018 $2,467 $118,600 $0 $118,600
2017 $2,400 $118,600 $0 $118,600
2016 $2,400 $118,600 $0 $118,600
2015 $1,828 $88,100 $0 $88,100
2014 $1,767 $88,100 $0 $88,100
2013 $1,743 $88,100 $0 $88,100
Source: Public Records

Agents Affiliated with this Home

  • Jason Smith

    Seller's Agent in 2015

    Jason Smith

    JDS Realty Group

    (413) 221-5918

    42 Total Sales

    Jason Smith
    Section Image
  • Janice Hay

    Buyer's Agent in 2015

    Janice Hay

    Right Move RI, LLC

    (401) 499-8863

    1 in this area

    25 Total Sales

    Janice Hay
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1069079

State-Wide MLS

APN: WARW-000305-000058-009747

Rhode Island Kent County Warwick 02888 Palace Garden

47 Lane 4, Warwick, RI

Not Listed for Sale

Detached

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