Seller's Agent in 2025
Regina Hosey
Williams & Stuart Real Estate
(401) 439-1400
2 in this area
23 Total Sales
48 Lane 5 Warwick, RI 02888
Palace Garden Neighborhood
2
Beds
1
Bath
742
Sq Ft
1935
Built
Highlights
- Beach Access
- Vaulted Ceiling
- Recreation Facilities
- Deck
- Mud Room
- Thermal Windows
About This Home
As of September 2025Picture-perfect coastal cottage in Gaspee Point! Fully updated and adorned with a picket fence and window boxes, this turnkey home features an open and airy interior with vaulted ceilings and abundant natural light - perfectly suited for relaxed coastal living. The two-tier kitchen island is thoughtfully designed to maximize counter space and storage, offering a raised counter for seating and conversation, and a lower level for prep while entertaining. You'll also find an updated bath, laundry area, and a dedicated home office space that could be used as a convenient mudroom, if preferred. Step outside into the spacious, fully fenced-in back yard, and enjoy the ocean breeze from the shaded deck or patio. Two sheds complete the outdoor space - one for storage and the other offering potential as a workspace or creative studio. With a new roof and just a short walk to the public beach, this home makes coastal living easy and enjoyable. Located on leased land.
Last Agent to Sell the Property
Williams & Stuart Real Estate License #RES.0029556 Listed on: 07/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,483
Year Built
- Built in 1935
Lot Details
- Fenced
HOA Fees
- $566 Monthly HOA Fees
Home Design
- Vinyl Siding
Interior Spaces
- 742 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Thermal Windows
- Mud Room
- Vinyl Flooring
- Crawl Space
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Storm Doors
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Deck
- Patio
- Outbuilding
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 9848
- Assessor Parcel Number 48LANE5WARW
Community Details
Overview
- Gaspee Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2005
Sold by
Berg Gloria M
Bought by
Tingley Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$60,347
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,312
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $128,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $114,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $272,000 | +2.6% | $367 / Sq Ft |
| 08/27/2025 08/27/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $265,000 | +47.2% | $357 / Sq Ft |
| 11/17/2021 11/17/21 | Sold | $180,000 | -2.7% | $243 / Sq Ft |
| 10/18/2021 10/18/21 | Pending | -- | -- | -- |
| 10/05/2021 10/05/21 | For Sale | $185,000 | +85.2% | $249 / Sq Ft |
| 04/13/2018 04/13/18 | Sold | $99,900 | 0.0% | $135 / Sq Ft |
| 03/14/2018 03/14/18 | Pending | -- | -- | -- |
| 09/29/2017 09/29/17 | For Sale | $99,900 | 0.0% | $135 / Sq Ft |
| 08/15/2017 08/15/17 | For Rent | $1,250 | +25.0% | -- |
| 08/15/2017 08/15/17 | Rented | $1,000 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $1,995 | $137,900 | $0 | $137,900 |
| 2023 | $1,957 | $137,900 | $0 | $137,900 |
| 2022 | $1,884 | $100,600 | $0 | $100,600 |
| 2021 | $1,879 | $100,300 | $0 | $100,300 |
| 2020 | $1,871 | $99,900 | $0 | $99,900 |
| 2019 | $1,871 | $99,900 | $0 | $99,900 |
| 2018 | $1,554 | $74,700 | $0 | $74,700 |
| 2017 | $1,512 | $74,700 | $0 | $74,700 |
| 2016 | $1,512 | $74,700 | $0 | $74,700 |
| 2015 | $1,249 | $60,200 | $0 | $60,200 |
| 2014 | $1,208 | $60,200 | $0 | $60,200 |
| 2013 | $1,191 | $60,200 | $0 | $60,200 |
Source: Public Records
Agents Affiliated with this Home
-
Regina Hosey
-
Jay Rezendes
Buyer's Agent in 2025
Jay Rezendes
RE/MAX 1st Choice
(401) 639-3914
4 in this area
126 Total Sales
-
Paula Dickson-Rando
Seller's Agent in 2021
Paula Dickson-Rando
Jack Conway & Co Inc.
(508) 404-6467
4 in this area
59 Total Sales
-
Perry Caruso
Seller's Agent in 2018
Perry Caruso
RE/MAX 1st Choice
1 in this area
70 Total Sales
-
Jeffrey Wolstencroft
Buyer's Agent in 2018
Jeffrey Wolstencroft
RI Real Estate Services
(401) 447-5777
1 in this area
28 Total Sales
-
Frank Sullivan
Seller's Agent in 2017
Frank Sullivan
CALDWELL REALTY LLC
(401) 480-5276
63 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1391125
APN: WARW-000305-000058-009848
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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