NOT LISTED FOR SALE

48 Lane 4 Warwick, RI 02888

Palace Garden Neighborhood

Estimated Value: $273,000 - $335,703

2 Beds
1 Bath
896 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $202,000 $225 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,265/month

30 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Thermal Windows
  • Private Lot
  • Cottage
  • Bathtub with Shower

About This Home

As of November 2021

Fantastic opportunity to own for less than renting! Cute cottage with just a short walk to a private beach, low maintenance 1-level living, and settled in a private community make this home very desirable for someone looking for an easy living.

Last Agent to Sell the Property

Jo-Ann Molinaro

RE/MAX Professionals License #RES.0027805 Listed on: 09/05/2021

RE/MAX Professionals

Last Buyer's Agent

Lynn Forlini

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1925

Lot Details

  • Private Lot
  • Secluded Lot
  • Land Lease

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9748
  • Assessor Parcel Number 48LANE4WARW

Community Details

Overview

  • Gaspee Point Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1925

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Gaspee Point
  • Above Grade Finished Sq Ft: 896.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 896.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • 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: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 310.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: Yes
  • Parcel #: 48LANE4WARW
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1864.0
  • Tax Lot: 9748
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2005
Sold by
Moore Ronald L and Moore Lori J
Bought by
Pacak Michael J and Pacak Beverly A
Current Estimated Value
$292,676
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
Pacak Michael J $139,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Off Market $94,000 -- --
11/05/2021 11/05/21 Sold $202,000 +9.2% $225 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $184,900 +96.7% $206 / Sq Ft
09/15/2016 09/15/16 Sold $94,000 -0.9% $105 / Sq Ft View Prior Sale
08/16/2016 08/16/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $94,900 -- $106 / 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 $3,941 $310,300 $0 $310,300
2024 $2,680 $185,200 $0 $185,200
2023 $2,612 $184,100 $0 $184,100
2022 $1,961 $104,700 $0 $104,700
2021 $1,864 $99,500 $0 $99,500
2020 $1,864 $99,500 $0 $99,500
2019 $1,864 $99,500 $0 $99,500
2018 $1,550 $74,500 $0 $74,500
2017 $1,508 $74,500 $0 $74,500
2016 $1,508 $74,500 $0 $74,500
2015 $1,208 $58,200 $0 $58,200
2014 $1,167 $58,200 $0 $58,200
2013 $1,152 $58,200 $0 $58,200
Source: Public Records

Agents Affiliated with this Home

  • Jo-Ann Molinaro

    Seller's Agent in 2021

    Jo-Ann Molinaro

    RE/MAX Professionals

    (401) 767-2431

    4 in this area

    117 Total Sales

    Jo-Ann Molinaro
    Section Image

  • L

    Buyer's Agent in 2021

    Lynn Forlini

  • H

    Seller's Agent in 2016

    Hill Harbor Group

    RI Real Estate Services

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1292725

State-Wide MLS

APN: WARW-000305-000058-009748

Rhode Island Kent County Warwick 02888 Palace Garden

48 Lane 4, Warwick, RI

Not Listed for Sale

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