NOT LISTED FOR SALE

Estimated Value: $460,268 - $517,000

4 Beds
2 Baths
1,856 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $437,500 $236 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,223/month

5 Days on Market

Highlights

  • Deck
  • Window Unit Cooling System
  • Storage Room
  • Wood Flooring
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Calling all owner-occupants and investors! Welcome to a remarkable opportunity to own this meticulously maintained 2-family in West Warwick. Live in one unit and rent the other, or capitalize on the rising rent figures. This house impresses with its spacious design, each unit offering 2 good-sized bedrooms along with a huge kitchen and additional dining room space. Have peace of mind knowing that this house boasts many upgrades including Central A/C in Unit 2, newer water heaters, new irrigation system, and a radon mitigation system installed in the basement. Enjoy the expansive and pristine yard, private back decks, as well as ample amounts of off-street parking, which is a rare find for a multi family in this area. Don't miss out on this gem!

Last Listed By

Shannon Scolardi

Amaral & Associaties RE, Inc. License #RES.0047361 Listed on: 07/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,023

Year Built

  • Built in 1910

Lot Details

  • 0.38

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Deck
  • 0.38 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 0121
  • Assessor Parcel Number 47PHENIXAVWWAR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,023

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.377
  • Inclusions: Subject to seller in Unit 1 obtaining and securing suitable housing (Actively looking for rental). Seller's currently pay Flood Insurance, Buyers and Buyer's agents to do own due diligence.
  • Above Grade Finished Sq Ft: 1856.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16423.0
  • Parcel #: 47PHENIXAVWWAR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6023.0
  • Tax Lot: 0121
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 31, 2023
Sold by
Haley Crystal L and Christian Jeremy J
Bought by
Gutierrez Jaimie R
Seller's Agent
Shannon Scolardi
Amaral & Associaties RE, Inc.
Buyer's Agent
Matthew Romano
HomeSmart Professionals
List Price
$425,000
Sold Price
$437,500
Premium/Discount to List
$12,500
2.94%
Total Days on Market
5
Views
48
Current Estimated Value
$487,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,067
Avg. Annual Appreciation
6.66%
Original Mortgage
$429,575
Outstanding Balance
$423,034
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$64,533

Purchase Details

Closed on
May 24, 2021
Sold by
Haley Crystal L and Christian Jeremey J
Bought by
Haley Crystal L and Christian Jeremey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,500
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 10, 2018
Closed on
Jul 6, 2018
Sold by
Zambarano Donald L and Zambarano Linda J
Bought by
Haley Crystal L and Christian Jeremy J
Seller's Agent
Alex Mazika
RI Real Estate Services
Buyer's Agent
Jeanne Elson Gordon
Jeanne E Real Estate
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$245,471
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2009
Sold by
Fnma
Bought by
Zambarano Donald L and Zambarano Linda J

Purchase Details

Closed on
Jul 24, 2009
Sold by
Freedom Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2008
Sold by
Izzi Nicholas J
Bought by
Cole Hector G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

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
Gutierrez Jaimie R $437,500 None Available
Haley Crystal L -- None Available
Haley Crystal L $250,000 --
Zambarano Donald L $73,900 --
Federal National Mortgage Association $275,343 --
Cole Hector G $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Jaimie R $429,575
Previous Owner Haley Crystal L $245,500
Previous Owner Izzi Nicholas J $245,471
Previous Owner Izzi Nicholas J $247,500
Previous Owner Izzi Nicholas J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $437,500 +2.9% $236 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $425,000 +70.0% $229 / Sq Ft
07/05/2018 07/05/18 Sold $250,000 0.0% $135 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $249,900 -- $135 / 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 $6,241 $333,900 $72,500 $261,400
2023 $6,117 $333,900 $72,500 $261,400
2022 $6,024 $333,900 $72,500 $261,400
2021 $5,127 $222,900 $55,400 $167,500
2020 $6,662 $222,900 $55,400 $167,500
2019 $6,535 $222,900 $55,400 $167,500
2018 $5,306 $139,300 $47,800 $91,500
2017 $5,286 $139,300 $47,800 $91,500
2016 $5,192 $139,300 $47,800 $91,500
2015 $4,976 $133,500 $47,800 $85,700
2014 $1,217 $133,500 $47,800 $85,700
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1340346

State-Wide MLS

APN: WWAR-000002-000121-000000